The 1981 Susan B. Anthony Dollar is a rare coin that sparks curiosity among collectors and casual finders alike. With a value potentially reaching $880,000, this coin’s unique history and distinct features make it a treasure to hunt for. In this guide, we’ll explore its circulation status, key identifying marks, and tips to spot one.
What Is the Susan B. Anthony Dollar?
The Susan B. Anthony Dollar, first minted in 1979, was the first U.S. coin to feature a woman, honoring the famous suffragist. Introduced to replace the larger Eisenhower Dollar, it was meant for everyday transactions. However, its size, similar to a quarter, caused confusion, leading to low public acceptance and limited minting by 1981.
Why Is the 1981 Susan B. Anthony Dollar Special?
The 1981 version is particularly rare because it was primarily minted for collectors, not general circulation. Most were produced in limited quantities, with some bearing unique marks that significantly increase their value. A specific variety, the “Clear S” mint mark, can fetch up to $880,000 at auctions due to its rarity.
Is the 1981 Susan B. Anthony Dollar Still in Circulation?
While it’s unlikely to find a 1981 Susan B. Anthony Dollar in everyday change, some may still circulate. Most were stored in bank vaults or collector sets, but a few entered circulation. Checking your change or inherited coin collections could lead to a lucky find, especially if you spot the rare “Clear S” variety.
Where Might You Find One?
Here are places where you might stumble upon a 1981 Susan B. Anthony Dollar:
- Loose Change: Occasionally found in cash transactions or coin rolls.
- Bank Rolls: Uncirculated rolls from banks may contain these coins.
- Coin Collections: Family heirlooms or old collections might include them.
- Coin Shows or Dealers: Specialty events or shops often have rare coins.
The Key Mark to Look For: The “Clear S” Mint Mark
The most valuable 1981 Susan B. Anthony Dollar is the one with the “Clear S” mint mark, struck at the San Francisco Mint. This mark is sharper and more defined than the standard “S” mint mark, making it highly sought after. Here’s how to identify it:
How to Spot the “Clear S” Mint Mark
- Location: Look on the obverse (front) side, to the left of Susan B. Anthony’s portrait.
- Appearance: The “S” should be crisp, clear, and well-defined, not blurry or filled.
- Magnification: Use a magnifying glass to confirm the clarity of the “S.”
- Comparison: Compare with other 1981 coins; the “Clear S” stands out distinctly.
| Feature | Standard “S” Mint Mark | “Clear S” Mint Mark |
|---|---|---|
| Clarity | Blurry or filled-in | Sharp and distinct |
| Value | $1–$10 | Up to $880,000 |
| Rarity | Common | Extremely rare |
| Location | Left of portrait | Left of portrait |
Why Is the “Clear S” So Valuable?
The “Clear S” variety was a proof coin, meant for collectors and not intended for circulation. A minting error resulted in a small batch with a sharper “S” mark, making them exceptionally rare. High-grade examples, especially in pristine condition, have sold for hundreds of thousands at auctions.
Tips for Checking Your Coins
- Examine Carefully: Use good lighting and a magnifying glass.
- Check Mint Year: Ensure the coin is from 1981.
- Look for Proof Features: Proof coins have a mirror-like finish.
- Consult Experts: Have rare finds appraised by a professional coin grader.
How to Verify and Sell a Valuable 1981 Susan B. Anthony Dollar
If you suspect you’ve found a “Clear S” coin, follow these steps:
- Authenticate: Take it to a reputable coin dealer or grading service like PCGS or NGC.
- Get It Graded: Professional grading confirms condition and authenticity, boosting value.
- Auction or Sell: Work with auction houses or coin dealers for the best price.
- Preserve Condition: Handle coins with gloves to avoid damage.
Coin Grading and Its Impact on Value
Coins are graded on a scale from 1 to 70, with 70 being perfect. A “Clear S” 1981 Susan B. Anthony Dollar in high grades (e.g., PR68 or higher) can command top dollar. Lower grades are still valuable but fetch less.
Historical Context of the Susan B. Anthony Dollar
The coin was introduced to honor Susan B. Anthony’s fight for women’s voting rights. Despite its historical significance, its similarity to quarters led to vending machine issues and public rejection. By 1981, minting was scaled back, making that year’s coins rarer than those from 1979 or 1980.
Production Numbers for 1981
| Mint Location | Quantity Produced | Circulation Status |
|---|---|---|
| Philadelphia (P) | 3,000,000 | Limited circulation |
| Denver (D) | 3,250,000 | Limited circulation |
| San Francisco (S) | 4,063,083 | Mostly proof sets |
Tips for Coin Collectors
- Join Coin Clubs: Connect with local or online groups for tips and trades.
- Learn About Grading: Understand how condition affects value.
- Store Properly: Use protective holders to maintain coin quality.
- Stay Updated: Follow coin market trends for buying or selling opportunities.
Conclusion
The 1981 Susan B. Anthony Dollar, especially the “Clear S” variety, is a hidden gem for coin enthusiasts. While not commonly found in circulation, checking spare change or old collections could uncover a coin worth up to $880,000. By learning to spot the “Clear S” mint mark and understanding its value, you might discover a rare treasure. Happy hunting!
FAQs
1. Can I still find a 1981 Susan B. Anthony Dollar in change?
Yes, but it’s rare. Most were stored in vaults or collector sets, though some entered circulation.
2. What makes the “Clear S” mint mark so valuable?
The “Clear S” is a rare proof coin with a sharp mint mark, produced in limited quantities, making it highly collectible.
3. How do I know if my coin is valuable?
Check for the “Clear S” mint mark and have it graded by a professional service like PCGS or NGC.
4. Where can I sell a rare 1981 Susan B. Anthony Dollar?
Contact reputable coin dealers, auction houses, or online platforms specializing in rare coins.
5. Why was the Susan B. Anthony Dollar unpopular?
Its size, similar to a quarter, caused confusion in transactions and vending machines, leading to low public use.