The 1981 Susan B. Anthony Dollar is more than just a coin—it’s a potential treasure hiding in plain sight. Valued at up to $880,000 in rare cases, this coin has sparked excitement among collectors and everyday folks alike. Could it still be circulating in your pocket change? In this article, we’ll break down everything you need to know about this valuable coin, the specific mark to look for, and why it’s worth checking your coins. Let’s dive into the details with simple language and clear steps to help you spot this gem.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony Dollar is a small, silver-colored coin minted by the United States from 1979 to 1981, with a brief return in 1999. It was the first U.S. coin to feature a real woman—Susan B. Anthony, a champion for women’s voting rights. The coin was meant to replace the larger Eisenhower Dollar but wasn’t popular due to its similarity in size and color to a quarter, leading to confusion.
Despite its short run, certain versions of the 1981 Susan B. Anthony Dollar are incredibly valuable due to rare errors or unique features. One specific mark can make this coin worth a fortune, and we’ll explain what to look for below.
Why Is the 1981 Susan B. Anthony Dollar So Valuable?
The value of some 1981 Susan B. Anthony Dollars comes from a rare minting error or specific die variety. These coins were struck with a unique mark that sets them apart from standard versions. Collectors are willing to pay top dollar—sometimes up to $880,000—for coins with this feature in pristine condition. The rarity, combined with the coin’s historical significance, makes it a must-have for numismatists (coin collectors).
Key Factors Driving Its Value
- Rarity: Only a small number of these coins have the specific mark or error.
- Condition: Coins in excellent, uncirculated condition fetch the highest prices.
- Demand: Collectors and investors are eager to own a piece of history.
- Historical Significance: As the first coin to honor a woman, it holds cultural importance.
The Mark to Look For: The “S” Mint Mark
The key to identifying a valuable 1981 Susan B. Anthony Dollar is the “S” mint mark. This mark indicates the coin was minted in San Francisco. However, not all “S” mint marks are equal. The rare and valuable version is the 1981-S Proof Susan B. Anthony Dollar with a Clear “S” mint mark (also called the Type II “S” mint mark). Here’s what you need to know:
How to Spot the Clear “S” Mint Mark
- Location: Look on the left side of the coin, just above Susan B. Anthony’s shoulder.
- Clear “S” vs. Blob “S”: The valuable version has a sharp, well-defined “S.” Earlier 1981-S proof coins had a blurry or “blob-like” S, which is less valuable.
- Use a Magnifying Glass: The difference can be subtle, so use a magnifying glass or loupe to inspect the mint mark closely.
- Proof Condition: The most valuable coins are “proof” versions, which have a shiny, mirror-like finish and were made for collectors.
If you find a coin with the Clear “S” mint mark in proof condition, you might be holding a coin worth thousands—or even $880,000 if it’s in perfect condition and graded by a professional service like PCGS or NGC.
Are These Coins Still in Circulation?
Yes, it’s possible to find a 1981 Susan B. Anthony Dollar in circulation, though it’s rare. These coins were not widely used because people often mistook them for quarters. As a result, many were hoarded, spent sparingly, or tucked away in collections. Here’s where you might find one:
Where to Look for the Coin
- Pocket Change: Check coins you receive at stores or vending machines.
- Coin Rolls: Banks sometimes have rolls of dollar coins that include Susan B. Anthony Dollars.
- Old Collections: Look in coin jars, family heirlooms, or inherited collections.
- Flea Markets or Garage Sales: People may sell coins without knowing their value.
While finding a rare 1981-S Proof coin in circulation is unlikely (since proof coins were sold to collectors), regular 1981 Susan B. Anthony Dollars can still turn up and may have value if they’re in great condition.
How to Check If Your Coin Is Valuable
Found a 1981 Susan B. Anthony Dollar? Follow these steps to see if it’s worth a fortune:
Step-by-Step Guide
- Check the Date: Confirm the coin is from 1981.
- Find the Mint Mark: Look for the “S” above Susan B. Anthony’s shoulder.
- Inspect the “S”: Use a magnifying glass to see if the “S” is clear and sharp (Type II) or blurry (Type I).
- Evaluate Condition: Look for a shiny, proof-like surface with no scratches or wear.
- Get It Graded: If you suspect it’s valuable, send it to a professional grading service like PCGS or NGC for authentication.
Valuation Table
Here’s a quick guide to potential values based on condition and mint mark:
| Coin Type | Condition | Estimated Value |
|---|---|---|
| 1981-S Proof (Clear “S”) | Uncirculated/Proof | $500–$880,000 |
| 1981-S Proof (Blob “S”) | Uncirculated/Proof | $10–$50 |
| 1981-P or D (No “S”) | Circulated | $1–$5 |
| 1981-P or D (No “S”) | Uncirculated | $10–$50 |
Note: Values depend on the coin’s grade (condition) and market demand. Always consult a professional for an accurate appraisal.
Tips for Selling a Valuable Coin
If you’ve found a rare 1981 Susan B. Anthony Dollar, here’s how to sell it:
Selling Tips
- Get It Graded: Professional grading by PCGS or NGC increases trust and value.
- Visit a Coin Dealer: Local coin shops can offer appraisals or buy directly.
- Auction Houses: Reputable auction sites like Heritage Auctions or eBay (with authentication) are good options.
- Avoid Cleaning: Cleaning coins can reduce their value—leave them as is.
- Research Prices: Check recent sales of similar coins to set realistic expectations.
Why Collectors Love the Susan B. Anthony Dollar
Beyond its potential value, the 1981 Susan B. Anthony Dollar is a piece of history. It honors a trailblazing woman and represents a unique moment in U.S. coinage. Its rarity, combined with the thrill of finding a valuable error, makes it a favorite among collectors.
Fun Facts About the Coin
- First Woman on a Coin: Susan B. Anthony was a pioneer for women’s rights.
- Short-Lived Series: The coin was only minted for three years (1979–1981) and briefly in 1999.
- Design Details: The reverse shows an eagle landing on the moon, inspired by Apollo 11.
Start Your Treasure Hunt Today
The 1981 Susan B. Anthony Dollar is a hidden gem that could be worth up to $880,000. By checking for the Clear “S” mint mark and ensuring the coin is in top condition, you might uncover a valuable treasure in your change or collection. Start looking in your coin jars, at banks, or even at flea markets. With a little luck and a keen eye, you could be holding a piece of history worth a fortune.
Happy hunting, and let us know if you find that rare 1981 Susan B. Anthony Dollar!