Susan B. Anthony : This section introduces the astonishing story of a Susan B. Anthony dollar coin that, despite enduring the rough environment of a laundry machine, managed to fetch nearly $40,000 at auction. It’s a story that blends everyday chance with extraordinary historical value.
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How It Was Found: A Forgotten Coin in a Washing Machine
The coin’s journey began when it was discovered stuck in the drum of a household washing machine during a regular cleaning. It was nearly discarded, but something about its unusual appearance caught the attention of its finder, a casual coin enthusiast. This chance encounter would lead to one of the most surprising finds in recent numismatic history.
Why It’s Special: A Rare Minting Error
Upon closer examination, experts identified the coin as a transitional error—a rare type of minting mistake where a coin is struck on a planchet (blank) intended for a different denomination. This made it highly desirable among collectors, as such errors are both uncommon and historically significant.
Surviving the Odds: Damage That Didn’t Happen
Most coins that end up in washers suffer scratches, discoloration, or deformities. But this dollar showed minimal damage despite the harsh conditions. Its resilience not only preserved its physical integrity but may have also contributed to its rarity and appeal at auction.
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The Auction: From Coin Collector’s Curiosity to Bidding War
After being authenticated and graded by a major certification agency, the coin was put up for auction. Interest grew quickly among collectors, and what started as a modest bid escalated into a full-fledged bidding war. The final hammer price reached an impressive $39,500—far beyond its original face value of just one dollar.
Impact on Coin Collecting: Renewed Interest in Susan B. Anthony Dollars
The sale has reignited public and collector interest in the Susan B. Anthony dollar series. Although the coins were widely circulated and largely unpopular at the time of their release, this extraordinary sale has prompted collectors to revisit their significance—and even check their loose change more carefully.
Frequently Asked Questions (Laundry-Surviving Susan B. Anthony Dollar Fetches $39,500 at Auction)
Q1: Why is the Susan B. Anthony dollar usually not considered valuable?
The Susan B. Anthony dollar was minted between 1979 and 1981, and again in 1999. It was unpopular due to its size, which resembled a quarter, and was heavily circulated. Most coins from this series are common and worth only face value unless they have unique errors or are in exceptional condition.
Q2: What is a transitional error in coin collecting?
A transitional error occurs when a coin is struck using materials or dies intended for a previous or different type of coin. These are usually rare and highly valued by collectors due to the mistake and the insight they offer into minting processes.
Q3: How did the coin survive a washing machine without major damage?
This is one of the most unusual aspects of the story. Experts believe the coin may have been lodged in a part of the drum that protected it from the worst of the agitation, moisture, and heat. It’s rare for a coin to remain in collectible condition after such exposure.
Q4: How can I tell if I have a valuable coin?
Look for minting errors, unusual designs, off-center strikes, or coins that seem out of place for their time. If you’re unsure, consult a certified coin dealer or have it graded by a reputable organization like PCGS or NGC.
Q5: Should I start checking my laundry for rare coins?
While you’re unlikely to find a $39,500 coin in every wash, this story does highlight the importance of staying curious. Rare coins have turned up in pocket change, old jars, and yes—even washing machines.
