A Susan B. Anthony dollar coin, accidentally washed in a laundry cycle, made headlines when it sold for an astonishing $39,500 at auction. This rare coin, despite its rough journey, turned out to be a collector’s gem. In this article, we’ll explore the incredible story of this coin, why it’s so valuable, and how you can spot a Susan B. Anthony dollar worth a fortune.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony dollar is a small-sized U.S. coin minted from 1979 to 1981, with a brief return in 1999. It honors Susan B. Anthony, a key figure in the women’s suffrage movement. The coin was the first U.S. currency to feature a real woman’s portrait, making it historically significant. However, it wasn’t popular in everyday use due to its similarity to the quarter, leading to its short production run.
Why This Coin Is Special
This particular Susan B. Anthony dollar gained fame not just for surviving a washing machine but for its rare qualities. Collectors prize certain versions of this coin due to specific errors or unique features that make them highly valuable. Let’s dive into what makes this coin stand out.
The Laundry Cycle Miracle
Imagine tossing your clothes into the washing machine, only to find a coin worth thousands in the lint trap! That’s exactly what happened with this Susan B. Anthony dollar. After enduring the spin cycle, the coin remained intact, catching the eye of a savvy collector. Its survival added a unique story to its already impressive value, making it a must-have at auction.
How It Ended Up at Auction
After being discovered, the coin was evaluated by experts who recognized its rarity. It was then submitted to a professional grading service, which confirmed its condition and authenticity. The coin’s journey from a laundry mishap to a $39,500 sale highlights the hidden treasures that might be lurking in your pocket change.
Why Was This Susan B. Anthony Dollar Worth $39,500?
Several factors contributed to the coin’s jaw-dropping auction price. Here’s a breakdown of what makes a Susan B. Anthony dollar valuable:
| Factor | Description |
|---|---|
| Rarity | Certain years or mint marks, like the 1979-P “Wide Rim” variety, are extremely rare. |
| Condition | High-grade coins, even after a wash, fetch top prices if well-preserved. |
| Mint Errors | Coins with unique errors, like off-center strikes, are highly sought after. |
| Historical Significance | The coin’s connection to Susan B. Anthony adds cultural value. |
| Collector Demand | Limited supply and high demand drive up prices at auctions. |
The Role of Mint Marks
Mint marks, tiny letters indicating where a coin was made, play a big role in its value. For example, coins from the Philadelphia (P), Denver (D), or San Francisco (S) mints can vary in rarity. The Susan B. Anthony dollar sold for $39,500 likely had a rare mint mark or error, such as the 1979-P “Wide Rim” variety, which is highly coveted by collectors.
How to Spot a Valuable Susan B. Anthony Dollar
Think you might have a valuable Susan B. Anthony dollar in your collection? Here’s what to look for:
1. Check the Year and Mint Mark
- Look at the date and mint mark (found near Susan B. Anthony’s portrait).
- The 1979-P “Wide Rim” and 1981-S proof coins are among the rarest.
2. Inspect for Errors
- Look for minting mistakes like off-center designs or double strikes.
- Errors can significantly increase a coin’s value.
3. Evaluate the Condition
- Coins in pristine condition, graded by services like PCGS or NGC, are worth more.
- Even a washed coin can retain value if it’s a rare variety.
4. Research Auction Prices
- Check recent auction results for Susan B. Anthony dollars to gauge value.
- Sites like eBay or Heritage Auctions can provide insights.
Tips for Coin Collectors
If you’re inspired to start collecting Susan B. Anthony dollars or other rare coins, here are some practical tips:
- Learn About Grading: Understand terms like MS-65 or PR-70, which indicate a coin’s condition.
- Join Collector Communities: Forums like CoinTalk or Reddit’s r/coins offer valuable advice.
- Store Coins Safely: Use protective holders to prevent damage.
- Stay Updated on Auctions: Follow auction houses to spot deals on rare coins.
- Verify Authenticity: Always have high-value coins graded by reputable services.
Why Collectors Love the Susan B. Anthony Dollar
The Susan B. Anthony dollar isn’t just a piece of currency—it’s a piece of history. Its short minting period and unique design make it a favorite among collectors. The coin’s survival through a laundry cycle adds a quirky twist, proving that treasures can hide in the most unexpected places.
The Auction Buzz
When this Susan B. Anthony dollar hit the auction block, collectors were thrilled. Its combination of rarity, condition, and backstory drove intense bidding, resulting in the $39,500 sale. This event underscores the excitement of coin collecting, where a single find can turn into a life-changing payday.
How to Start Your Coin Collection
Ready to hunt for your own Susan B. Anthony dollar? Here’s a quick guide:
- Check Your Change: Look through pocket change or old coin rolls.
- Visit Coin Shops: Local dealers often have Susan B. Anthony dollars for sale.
- Attend Coin Shows: These events are great for finding rare coins and meeting experts.
- Buy Online: Use trusted platforms like eBay, but verify seller ratings.
- Learn the Market: Study price guides like the Red Book to understand coin values.
Conclusion
The story of a Susan B. Anthony dollar surviving a washing machine and selling for $39,500 is a reminder that hidden treasures are all around us. Whether you’re a seasoned collector or just curious, checking your coins for rare features like mint marks or errors could lead to a big discovery. Start exploring today—you never know when a simple coin could turn into a small fortune!