Susan B. Anthony Dollar : This main heading introduces the topic: a specific Susan B. Anthony dollar from 1981 that has reached an astounding value because of a rare mint mark. It sets the stage for readers to understand why this coin is worth far more than its face value.
Why the Susan B. Anthony Dollar Is Special
The Susan B. Anthony dollar, first introduced in 1979, was the first U.S. coin to honor a real woman, celebrating the legacy of women’s rights pioneer Susan B. Anthony. Though the coin was designed to modernize U.S. currency, it faced criticism for looking too much like a quarter. Despite its short production span—from 1979 to 1981, and briefly again in 1999—the coin remains an important collectible due to its symbolic significance and unique features.
What Makes the 1981 Version So Valuable?
Not all 1981 Susan B. Anthony dollars are valuable, but a small number are. The Type 2 proof version minted in San Francisco stands out due to its sharply defined “S” mint mark. These were produced in limited quantities for collectors and not meant for general circulation. What makes one coin worth up to $880,000 is a combination of its rare Type 2 mint mark and a perfect Proof-70 (PR70) grade by certified grading services, indicating flawless condition.
The Importance of the Mint Mark
The mint mark on a Susan B. Anthony dollar is located just above her right shoulder on the obverse (front) of the coin. The rare and valuable 1981 dollar has an “S” mint mark, indicating it was produced at the San Francisco Mint. A Type 2 “S” is distinguished by its clear, sharp edges, unlike the more common and blurry Type 1 version. This small difference is what transforms an ordinary coin into a six-figure treasure.
Is It Possible to Find One in Circulation Today?
While these coins were originally sold in proof sets and never intended for circulation, accidents happen. Over the years, some mint sets have been broken up and coins inadvertently spent. That means there’s still a slim chance that one of these ultra-valuable Susan B. Anthony dollars could be hiding in a jar of spare change or inside an old collection forgotten in a closet.
Why Coin Grading Matters
A coin’s grade can increase or decrease its value dramatically. Collectors and auction houses rely on third-party grading services like PCGS or NGC to determine a coin’s condition on a 70-point scale. A 1981-S Type 2 dollar graded as PR70, the highest possible grade, means it is in flawless condition, and that is exactly what makes such a coin worth $880,000. Lesser grades, even with the same mint mark, sell for far less.
Why Collectors Are Willing to Pay So Much
Serious coin collectors are driven by rarity, historical value, and the challenge of acquiring the best examples. The 1981-S Type 2 Susan B. Anthony dollar in PR70 is one of the rarest modern coins in top condition. With so few known to exist, those that do come up for sale can trigger bidding wars, pushing the price into hundreds of thousands of dollars. For many collectors, it’s not just about the coin—it’s about owning a piece of American numismatic history.
Frequently Asked Questions (FAQs)
Q1: Where is the mint mark on the Susan B. Anthony dollar?
It’s located just above Susan B. Anthony’s right shoulder on the front (obverse) of the coin.
Q2: What’s the difference between Type 1 and Type 2 mint marks?
Type 1 mint marks appear filled or blob-like, while Type 2 mint marks are sharper and more defined—this difference is key to identifying the rare version.
Q3: How can I know if my coin is Type 2 and valuable?
Compare the “S” mint mark carefully to known Type 2 images, and consult a professional coin grading service to confirm its type and condition.
Q4: Can I still find a rare 1981 Susan B. Anthony dollar in my change?
It’s extremely unlikely, but not impossible. Some coins from mint sets have entered circulation by mistake or accident.
Q5: What does PR70 mean?
PR70 (Proof 70) is the highest grade a proof coin can receive, meaning it has no visible flaws even under 5x magnification.
