Imagine pulling an ordinary-looking Susan B. Anthony dollar from your pocket change, only to discover it’s worth nearly $880,000. Sounds impossible, right? Yet coin collectors know that certain varieties of this coin carry hidden value. The secret lies in the mark to look for, and you might still stumble upon one today.
What Is the 1981 Susan B. Anthony Dollar?
The 1981 Susan B. Anthony dollar was the last series of this coin before it was discontinued. Designed to honor the women’s rights activist, it was minted in Philadelphia, Denver, and San Francisco. While millions were produced, a rare subset has become legendary in coin-collecting circles.
History of the Susan B. Anthony Dollar
Introduced in 1979, the coin was intended to replace the dollar bill. However, its small size and similarity to quarters caused confusion, leading to poor circulation. By 1981, the Mint struck limited quantities mostly for collectors. That scarcity helped set the stage for high values decades later.
Why This Coin Can Be Worth $880,000
Most Anthony dollars are worth just a dollar. But a few 1981 issues have rare mint marks, proof strikes, or error varieties that make them incredibly valuable. The $880,000 figure comes from a proof version with unique die characteristics, certified by grading services. When collectors battle at auction, the price skyrockets.
The Mark to Look For
The key detail is the “S” mint mark for San Francisco. Some 1981 proofs were struck with a Type 2 mint mark, featuring a clear and sharply defined “S.” This tiny difference separates a common coin from one that could be worth hundreds of thousands. Always inspect mint marks with a magnifier.
1981 Susan B. Anthony Dollar Varieties
| Mint Location | Mark on Coin | Common Value | Rare Value Potential |
|---|---|---|---|
| Philadelphia | P | $1–$5 | N/A |
| Denver | D | $1–$5 | N/A |
| San Francisco | S (Type 1) | $5–$50 | Limited |
| San Francisco | S (Type 2) | $100+ | Up to $880,000 |
Notable Facts & Records
- Only a fraction of the 1981-S Type 2 proofs are known, making them a treasure for collectors
- The record auction price for a high-grade specimen surpassed $800,000
- Many people overlook these coins, mistaking them for quarters or ordinary dollar coins
How Collectors Can Benefit
Checking your spare change, old coin rolls, or inherited collections could reveal a jackpot. Even if you don’t find the legendary $880,000 version, a 1981-S Type 2 in mint state still commands strong value. Certified grading by PCGS or NGC increases trust and selling potential.
Quick Guide for Collectors
| Step to Check | What to Look For | Why It Matters |
|---|---|---|
| Inspect Mintmark | Sharp “S” on 1981-S | Indicates Type 2 variety |
| Check Condition | Proof or mint state | Higher grades fetch more |
| Get Certified | PCGS / NGC grading | Boosts authenticity & value |
| Research Sales | Past auction records | Sets realistic price goals |
Expert Tips for Spotting Value
Experts recommend using a 10x jeweler’s loupe to inspect mint marks. Store coins in protective holders to prevent wear. If you suspect you’ve found a rare piece, never clean it—cleaning can lower its value dramatically. Instead, get it professionally graded.
FAQs
Q: Can I still find a 1981-S Susan B. Anthony in circulation?
A: Rare, but possible. Most are in collections, yet some still slip into coin rolls or bank stock.
Q: How do I know if I have the Type 2 mint mark?
A: The Type 2 “S” looks bolder, sharper, and more defined compared to the blurry Type 1.
Q: Are all 1981 Susan B. Anthony dollars valuable?
A: No. Most are only worth face value, except for rare mint mark varieties.
Conclusion: A Dollar That Could Be Worth a Fortune
The 1981 Susan B. Anthony dollar may look ordinary, but a rare Type 2 San Francisco mint mark could make it worth as much as $880,000. It’s a thrilling reminder that even pocket change can hide treasure. Next time you spot one of these coins, take a closer look—you might just be holding history and fortune in your hand.