Imagine pulling a coin from your change only to discover it’s worth nearly a million dollars. That’s the case with a rare 1981 Susan B. Anthony Dollar that shocked the coin collecting world with its staggering $880,000 value. Could this hidden treasure still be floating around in circulation today? Let’s unravel the mystery.
What Is the 1981 Susan B. Anthony Dollar?
The Susan B. Anthony (SBA) dollar was introduced in 1979 to honor the women’s rights pioneer. It was the first U.S. coin to feature a real woman on the obverse. Struck in a small size similar to a quarter, it was often confused in daily transactions. By 1981, demand had dwindled, and only a limited number were minted, making certain issues exceptionally rare today.
The Surprising History of the SBA Dollar
The U.S. Mint released the coin to replace the large Eisenhower dollar, hoping for more convenience in commerce. Unfortunately, its similarity to the quarter caused frustration. Many coins were tucked away in drawers and forgotten. But within these overlooked pieces, a few error strikes and proof issues became legendary among collectors.
Why Is One 1981 Susan B. Anthony Dollar Worth $880,000?
Most 1981 SBA dollars are worth face value, but a tiny handful carry unique minting characteristics. A rare proof variation from the San Francisco Mint (1981-S Type 2 Proof) has become the crown jewel of the series. Combine pristine condition, low mintage, and collector demand, and you get a coin valued at an eye-watering $880,000.
How to Identify a Valuable Susan B. Anthony Dollar
Not every SBA coin will make you rich, but careful examination is key. Look for details like mintmarks, strike type, and condition. Below is a quick guide:
| Feature | Common SBA Dollar | Rare $880,000 SBA Dollar |
|---|---|---|
| Year | 1979–1981, 1999 | 1981 Only |
| Mintmark | P, D, S | S (Proof – Type 2) |
| Finish | Circulated/Proof | Deep Cameo Proof |
| Value | $1 – $50 | Up to $880,000 |
Notable Facts About the SBA Dollar
- The coin was unpopular in circulation, but beloved by collectors.
- Only 3 years of regular production occurred: 1979, 1980, and 1981.
- The 1999 revival came after public demand for dollar coins resurfaced.
- The 1981-S Proof Type 2 is considered one of the rarest modern U.S. coins.
Expert Tips to Spot the Rare Coin
- Check the Mintmark: Look closely at the “S” — a clear, sharp “S” often signals the Type 2 variety.
- Examine the Finish: Proof coins have mirror-like surfaces and frosted details.
- Grade Matters: Coins in PR70 Deep Cameo are worth far more than lower grades.
- Use a Loupe: Small details invisible to the naked eye can mean the difference between $1 and $880,000.
Frequently Asked Questions (FAQs)
Q: Can I still find a 1981 Susan B. Anthony dollar in circulation?
A: Rare, but possible. Some may still be mixed into bank rolls or coin collections.
Q: What makes the 1981-S Type 2 Proof so valuable?
A: Its sharp mintmark, extremely low mintage, and high-grade rarity drive collector demand.
Q: Should I save all SBA dollars I find?
A: Yes! Even if not the $880,000 version, some can still be worth $10–$100 depending on condition and mintmark.
Conclusion: A Million-Dollar Coin Could Be in Your Hands
The 1981 Susan B. Anthony Dollar teaches us that hidden treasures still circulate among everyday change. While most SBA dollars remain overlooked, a rare few can transform a single dollar into nearly $1 million. So next time you get change, don’t just spend it — inspect it. Your spare dollar might be worth a fortune.