$880000 1981 Susan B. Anthony Dollar

$880,000 1981 Susan B. Anthony Dollar Still in Circulation – What to Watch For

$880000 1981 Susan B. Anthony Dollar – The Susan B. Anthony Dollar, first introduced in 1979, is often overlooked by the average American. But in recent years, collectors and coin enthusiasts have been stunned by skyrocketing prices for rare versions of this coin — especially the 1981 edition. One such dollar reportedly sold for a jaw-dropping $880,000. What makes these coins so valuable? And could one be hiding in your change jar or wallet? Let’s dive deep.

Why Was the $880000 1981 Susan B. Anthony Dollar Created?

  • The U.S. Mint introduced the Susan B. Anthony Dollar in 1979 as a replacement for the larger Eisenhower dollar.
  • It was the first U.S. coin to feature a real woman — Susan B. Anthony — a pioneering women’s rights activist.
  • It was intended for wide circulation, especially for vending machines and public transit.

However, the coin failed to gain popularity. Its size, similar to a quarter, confused the public, and usage declined rapidly by the early 1980s.

What Makes the 1981 Susan B. Anthony Dollar So Special?

The 1981 Susan B. Anthony dollar holds a unique place in numismatic history. Here’s why:

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  • Limited Mintage: The U.S. Mint stopped regular production for circulation in 1980. In 1981, coins were only made for collector sets.
  • Not Released to the Public: The 1981 SBA dollars were not meant for general circulation, but some slipped into public hands.
  • Three Mintmarks: Coins were minted in Philadelphia (no mint mark), Denver (“D”), and San Francisco (“S”).

Of these, the 1981-S Proof Type 2 is especially rare and desirable.

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The $880,000 SBA Dollar: What’s the Story?

In 2022, a 1981-S Type 2 Proof Susan B. Anthony Dollar graded PR70 Deep Cameo was auctioned for a staggering $880,000. What made it worth so much?

  • Flawless Condition: The “PR70” grade means the coin was in perfect, mint-fresh condition.
  • Type 2 Mintmark: The 1981-S coin exists in two varieties — Type 1 with a “blurry” mintmark, and Type 2 with a sharper, clearer “S” mintmark, which is much rarer.
  • Deep Cameo Effect: This refers to the coin having a mirror-like background and frosted raised design.

Collectors prize such flawless, sharply struck coins — especially those believed to be among the best-preserved examples in existence.

How to Identify a Valuable 1981 Susan B. Anthony Dollar

Before you go digging through your change, learn what to watch out for. Here’s a quick breakdown:

Feature Look For Value (Approx.)
Mintmark “S” for San Francisco (Proof only) Up to $15–$1,500+
Type Type 2 (Clear “S” mintmark) Up to $880,000
Condition PR69/PR70 Deep Cameo $1,000 – $880,000
Edge Reeded (standard for SBA dollar)
Packaging From original U.S. Mint Proof Set Adds authenticity

Type 2 Mintmark Details:

  • Clearer, more defined “S”
  • Easier to distinguish with a loupe or microscope
  • Only a small percentage of 1981-S coins are Type 2

Could You Still Find One in Circulation?

Technically, yes. While these coins were intended for collectors only, a small number entered general circulation by accident or through estate liquidations. Many people who inherited coin collections unknowingly spent rare coins without realizing their worth.

Places to check:

  • Old cash jars or piggy banks
  • Inherited coin collections
  • Coin rolls from banks or stores
  • eBay or flea market coin lots

Common Mistakes When Evaluating SBA Dollars

Don’t confuse your coin’s date with its value. Here are some common errors:

  • Not All 1981 Coins Are Rare: Only the 1981-S Type 2 Proofs in top condition are worth big money.
  • Circulated Coins: Even if from 1981, coins that show wear have significantly less value.
  • Wrong Mintmark: Philadelphia and Denver 1981 coins are less valuable than the San Francisco Type 2 proofs.

Always verify your coin’s mintmark and condition before assuming it’s valuable.

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Tips for Selling or Appraising Your Coin

If you suspect you have a valuable Susan B. Anthony Dollar:

  1. Use a Magnifying Glass: Look closely at the mintmark for Type 2 details.
  2. Weigh Your Coin: Authentic SBA dollars weigh 8.1 grams.
  3. Consult an Expert: Reputable coin dealers or grading services like PCGS or NGC can help.
  4. Avoid Cleaning: Cleaning a coin can ruin its value.
  5. Use Auctions: If it’s a rare proof, list it with a certified auction house.

Why the SBA Dollar is Making a Comeback

Despite its rocky history, the Susan B. Anthony Dollar is gaining popularity among young collectors:

  • It was the first U.S. coin to honor a woman.
  • Modern collectors love coins with short production runs.
  • Rare varieties like the 1981-S Type 2 are seen as trophy coins.

With the surge in coin investing and digital auctions, some rare SBA dollars now fetch thousands — or even hundreds of thousands — at auction.

The next time you come across a Susan B. Anthony Dollar, take a moment to check the date and mintmark. That ordinary-looking coin could be hiding a fortune in plain sight. Whether you’re a casual collector or someone cleaning out an old drawer, knowing what to watch for could be worth thousands — maybe even $880,000.

FAQs of $880000 1981 Susan B. Anthony Dollar

Q1. How do I know if my 1981 Susan B. Anthony Dollar is valuable?
Check the mintmark. If it’s an “S” and shows a clear, sharp design (Type 2), and the coin is in flawless condition (PR69 or PR70), it could be highly valuable.

Q2. Can I still find a rare SBA dollar in circulation today?
Yes, although rare, some collector coins accidentally entered circulation and can still be found in change or coin rolls.

Q3. What is the most valuable Susan B. Anthony dollar ever sold?
A 1981-S Type 2 Proof graded PR70 Deep Cameo reportedly sold for $880,000 due to its rarity and condition.

Q4. Where can I sell my Susan B. Anthony dollar coin?
Try reputable coin dealers, grading services like PCGS/NGC, or list through a major coin auction site if you have a rare version.

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Q5. Is the 1981-S the only valuable Susan B. Anthony Dollar?
No. Other proof coins and certain error coins (like off-center strikes) can also carry value, but the 1981-S Type 2 is the rarest and most sought after.

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