The 1981 Susan BA. Anthony Dollar is a fascinating piece of American coin history that still captures the attention of collectors and everyday coin users alike. Valued at as much as $880,000 for rare versions, this coin has a unique story.
we’ll explore whether the 1981 Susan B. Anthony Dollar is still in circulation, what makes it valuable, and the specific mark to look for to identify a rare one. Written in simple language, this guide is perfect for beginners and seasoned collectors alike.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony Dollar is a U.S. coin first minted in 1979 to honor Susan B. Anthony, a key figure in the women’s suffrage movement. It was the first U.S. coin to feature a real woman (not a symbolic figure like Lady Liberty). The coin was produced from 1979 to 1981, with a brief return in 1999. However, it never gained widespread popularity due to its similarity in size and color to the quarter, leading to confusion.
The 1981 version of this dollar coin is particularly interesting because some rare varieties can fetch high prices at auctions, with one reportedly valued at up to $880,000.
Why Was the 1981 Susan B. Anthony Dollar Created?
The U.S. Mint introduced the Susan B. Anthony Dollar to replace the larger Eisenhower Dollar, aiming for a smaller, more convenient coin. The goal was to encourage the use of dollar coins instead of paper dollar bills, which wear out faster. Despite this, the coin’s design caused confusion, and many people avoided using it.
Is the 1981 Susan B. Anthony Dollar Still in Circulation?
Yes, the 1981 Susan B. Anthony Dollar is technically still legal tender and can be used in transactions. However, you’re unlikely to find it in everyday change. Here’s why:
- Low Public Use: Due to its similarity to the quarter, many people mistook it for a 25-cent coin and didn’t use it.
- Limited Production: The 1981 coin was minted in smaller quantities compared to other years, especially in certain mints.
- Collector Interest: Many of these coins have been pulled from circulation by collectors, especially the rare varieties.
While you might occasionally find one in circulation, most are now in private collections, coin shops, or auction houses.
Where Can You Find the 1981 Susan B. Anthony Dollar?
Here are the most likely places to come across this coin:
| Source | Details |
|---|---|
| Coin Rolls | Check uncirculated rolls from banks or coin dealers for rare varieties. |
| Coin Shops | Specialty shops often carry Susan B. Anthony Dollars, including rare ones. |
| Online Marketplaces | Websites like eBay or auction sites may list valuable 1981 coins. |
| Coin Shows | Local or national coin shows are great for finding rare coins. |
| Inherited Collections | Check old coin collections from family members for hidden treasures. |
The Key Mark to Look For: The “S” Mint Mark Error
The value of a 1981 Susan B. Anthony Dollar depends heavily on its condition and specific markings. The most valuable ones are those with a rare “S” mint mark error, particularly from the San Francisco Mint.
What Is the “S” Mint Mark Error?
The “S” mint mark indicates the coin was made at the San Francisco Mint. In 1981, a small number of proof coins (special coins made for collectors) had a clearer, more defined “S” mint mark, known as the “Clear S” or “Type 2” variety. This is different from the more common “Filled S” or “Type 1” mint mark, which looks less sharp.
Here’s what to check:
- Location: Look for the mint mark on the left side of the coin, near Susan B. Anthony’s portrait.
- Clear S: A sharp, distinct “S” indicates the rare Type 2 variety, which can be worth thousands.
- Filled S: A blurry or filled-in “S” is the common Type 1, worth much less.
Why Is the Clear S So Valuable?
The Clear S variety is rare because only a small number of these proof coins were made before the Mint switched back to the Filled S design. In top condition, these coins have sold for as much as $880,000 at auctions due to their scarcity and collector demand.
How to Check If Your 1981 Susan B. Anthony Dollar Is Valuable
Follow these steps to determine if your coin is a rare gem:
- Inspect the Mint Mark: Use a magnifying glass to check the “S” on the coin. Is it sharp or blurry?
- Check the Condition: Coins in pristine, uncirculated condition are worth more. Look for scratches or wear.
- Get It Graded: Professional grading services like PCGS or NGC can verify the coin’s authenticity and condition.
- Research Auction Prices: Check recent sales of similar coins to estimate value.
Coin Value Table
Here’s a quick guide to the potential value of 1981 Susan B. Anthony Dollars:
| Type | Condition | Estimated Value |
|---|---|---|
| Common (No Mint Mark) | Circulated | $1–$2 |
| Common (D or P Mint Mark) | Uncirculated | $5–$10 |
| S Mint Mark (Type 1, Filled) | Proof | $10–$50 |
| S Mint Mark (Type 2, Clear) | Proof, High Grade | $1,000–$880,000 |
Note: Values depend on market trends and coin condition.
Tips for Collectors
- Store Properly: Keep coins in protective holders to avoid damage.
- Stay Informed: Follow coin collecting blogs or forums for updates on rare coins.
- Authenticate: Always have high-value coins verified by experts to avoid fakes.
- Join Communities: Local coin clubs or online groups can offer advice and trading opportunities.
Conclusion
The 1981 Susan B. Anthony Dollar is a unique piece of U.S. history that, while not commonly found in circulation, still holds significant value for collectors—especially the rare “Clear S” variety. By checking the mint mark and condition, you could uncover a coin worth up to $880,000. Whether you’re a beginner or an experienced collector, this coin is worth keeping an eye out for in coin rolls, shops, or old collections. Start your hunt today, and you might just find a hidden treasure!
Frequently Asked Questions (FAQ)
1. Is the 1981 Susan B. Anthony Dollar still legal tender?
Yes, it’s still legal tender and can be used as a $1 coin, but it’s rarely seen in everyday transactions.
2. How can I tell if my coin has the rare “S” mint mark?
Use a magnifying glass to check the “S” near Susan B. Anthony’s portrait. A sharp, clear “S” is the rare Type 2 variety.
3. Where can I sell a valuable 1981 Susan B. Anthony Dollar?
You can sell through reputable auction houses, coin dealers, or online platforms like eBay, but always get the coin graded first.
4. Why is the 1981 Susan B. Anthony Dollar so rare?
The rare “Clear S” variety was produced in limited numbers as a proof coin, making it highly sought after by collectors.
5. Can I find the 1981 Susan B. Anthony Dollar in change?
It’s possible but unlikely, as most have been collected or removed from circulation due to their value.