Imagine finding a dollar coin in your pocket worth nearly a million bucks! A rare 1981 Susan B. Anthony dollar recently sold for $880,000, sparking a treasure hunt among collectors. This post reveals why this coin is a numismatic gem and how to spot one in your change.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony dollar, minted from 1979 to 1981 and briefly in 1999, was the first U.S. coin to feature a real woman—women’s rights pioneer Susan B. Anthony. Its small size and silver-like color made it a unique but controversial addition to U.S. currency.
History of the 1981 Susan B. Anthony Dollar
Introduced in 1979 to replace the bulky Eisenhower dollar, the Susan B. Anthony dollar aimed to modernize U.S. coinage. However, its similarity to the quarter caused confusion, leading to public rejection. By 1981, minting was limited, with only 9.7 million coins produced across Philadelphia, Denver, and San Francisco mints. The 1981 coins, especially proofs, are now collector’s treasures due to their rarity.
Why Is It So Valuable?
The 1981 Susan B. Anthony dollar’s value skyrockets for specific varieties. A rare 1981-S Type 2 proof with a clear “S” mint mark sold for $880,000 due to its pristine condition (PR70 Deep Cameo) and a “No S” error, with fewer than five known examples. Limited production and minting errors make these coins numismatic gold.
Key Valuable Varieties
| Variety | Mint Mark | Notable Trait | Estimated Value (USD) |
|---|---|---|---|
| 1981-S Type 2 Proof | Clear “S” | Rare, mirror-like finish | $500–$880,000 |
| 1981-S “No S” Error | None | Ultra-rare proof error | $100,000–$880,000 |
| 1981-P Double Die | None | Shadowed design | $1,000–$10,000 |
How to Spot a Valuable 1981 Coin
Want to find a valuable 1981 Susan B. Anthony dollar? Check your change, coin jars, or bank rolls. Here’s a quick guide:
- Date: Look for “1981” on the obverse.
- Mint Mark: Check for “P” (Philadelphia), “D” (Denver), or “S” (San Francisco) near Susan’s shoulder. A clear “S” or missing “S” is key.
- Condition: Seek shiny, mirror-like proof coins or uncirculated coins with no wear.
- Errors: Look for doubled designs or off-center strikes using a magnifying glass.
Where to Find Them
| Source | Likelihood of Finding Rare Coins |
|---|---|
| Pocket Change | Low, but possible |
| Coin Jars | Moderate, check old collections |
| Bank Rolls | Moderate, request dollar coins |
| Mint Sets | High, especially proof sets |
Notable Facts and Records
- Rarest Variety: The 1981-S “No S” proof, with fewer than five known examples, fetched $880,000 in June 2025.
- Mintage: Only 3 million (P), 3.25 million (D), and 3.49 million (S) coins were minted in 1981, the lowest in the series.
- Historical First: The coin honors Susan B. Anthony, a suffragist who fought for women’s voting rights.
Expert Tips for Collectors
- Handle with Care: Use gloves to avoid damaging coins, as scratches lower value.
- Get It Graded: Services like PCGS or NGC can authenticate and grade your coin.
- Research Auctions: Check Heritage Auctions or eBay for recent sales to gauge value.
- Join Communities: Engage with numismatic forums or local coin clubs to learn more.
- Don’t Clean Coins: Cleaning can ruin a coin’s value—keep it as is.
FAQs About the 1981 Susan B. Anthony Dollar
Q: Why is the 1981-S Type 2 proof so valuable?
A: Its clear “S” mint mark, limited production, and high-grade condition (PR70) make it rare.
Q: Can I find these coins in circulation?
A: Yes, though rare, they’ve been found in bank rolls or change.
Q: How do I know if my coin is a proof?
A: Proofs have a mirror-like finish and are often in mint sets, not circulation.
Q: Should I clean my coin before selling?
A: No, cleaning reduces value. Keep it untouched and consult a professional.
Conclusion
The 1981 Susan B. Anthony dollar is more than pocket change—it’s a piece of history with the potential for a life-changing payout. With rare varieties fetching up to $880,000, now’s the time to check your coins. Grab a magnifying glass, inspect your change, and join the numismatic treasure hunt! Share this post or explore more coin-collecting tips to uncover hidden gems.