Rare 1981 Susan B. Anthony Dollar: Coin collectors and treasure hunters alike are buzzing with excitement over reports of a rare 1981 Susan B. Anthony dollar valued at an astonishing $880,000. While most of these coins are worth only a few dollars, one particular variety stands out—and it might still be hiding in an old collection or even in circulation.
The Story Behind the Susan B. Anthony Dollar
Introduced in 1979, the Susan B. Anthony dollar was the first U.S. coin to honor a real woman—the famed suffragist—rather than a symbolic figure like Liberty. Despite its historic significance, the coin was met with public resistance due to its size, which was too close to that of a quarter, leading to frequent confusion. After a brief run, production was halted, making the 1981 issue one of the last in the series. Unlike previous years, the 1981 Susan B. Anthony dollar was primarily minted for collectors rather than general circulation. This makes any 1981-dated coin intriguing, but one specific version—the 1981-S Proof Type 2—has captured the attention of numismatists worldwide.
What Makes the 1981-S Proof Type 2 So Valuable?
The key to this coin’s extraordinary value lies in its minting details and condition. Struck at the San Francisco Mint (denoted by the “S” mintmark), the Proof Type 2 variety features a sharply defined “S” mark, unlike the earlier “Type 1” proofs, which had a softer, less distinct mintmark. For a 1981-S Proof Type 2 dollar to reach the $880,000 valuation, it must be in flawless PR70 Deep Cameo condition, meaning it has a mirror-like background, frosted design elements, and absolutely no imperfections—even under magnification. Additionally, it must be professionally authenticated by leading grading services like PCGS or NGC.
Could This Rare Coin Still Be in Circulation?
While it’s highly unlikely, there’s always a slim chance. Since these coins were never meant for everyday use, any found in circulation likely came from broken proof sets or were accidentally spent by someone unaware of their value. Most experts suggest that collectors are far more likely to discover one in old coin sets, estate sales, or inherited collections rather than in loose change.
How to Identify a Valuable 1981 Susan B. Anthony Dollar
If you think you might have this rare coin, here’s what to look for:
- Date and Mintmark: Check for “1981” and an “S” mintmark below Susan B. Anthony’s portrait.
- Proof Characteristics: A true proof coin will have a mirror-like shine on the flat surfaces and a frosted appearance on the raised design.
- Mintmark Clarity: Examine the “S” under magnification—if it’s crisp and well-defined, you may have a Type 2.
- Condition: Even a Type 2 coin won’t command top dollar unless it’s in pristine, uncirculated condition.
If you believe you’ve found one, the next step is to have it professionally graded by a reputable service like PCGS or NGC.
Final Thoughts
The odds of stumbling upon an $880,000 Susan B. Anthony dollar are undeniably slim, but the thrill of the hunt keeps collectors searching. Whether you’re sifting through old coins or browsing an estate sale, paying attention to the details could lead to an incredible discovery. After all, hidden treasures often lie where we least expect them.
Frequently Asked Questions
Q: Why is the 1981-S Proof Type 2 Susan B. Anthony dollar so valuable?
A: Its rarity, sharp mintmark detail, and the fact that it was never intended for circulation contribute to its high value, especially in top-grade condition.
Q: How can I tell if my 1981-S coin is a Type 2?
A: The “S” mintmark should be clear and sharply defined, unlike the softer, filled-in appearance of the Type 1 variety.
Q: Are regular 1981 Susan B. Anthony dollars worth anything?
A: Most are worth only a small premium over face value, typically between $2 and $20, unless they are in exceptional condition or part of a rare variety.
Q: Where is the best place to look for this rare coin?
A: Estate sales, inherited collections, and old proof sets are the most promising places to search, rather than everyday circulation.
Q: Should I get my coin graded?
A: If you suspect it might be a rare Type 2 proof, professional authentication and grading are essential to confirm its value.
The world of coin collecting is full of surprises, and the 1981 Susan B. Anthony dollar serves as a reminder that even the most ordinary-looking coins can hold extraordinary worth. Happy hunting!
