How Much Are Susan B. Anthony Dollars Worth?

The Susan B. Anthony dollar is quite an interesting piece when it comes to the topic of American coins. Due to its characteristic design and the relatively short time during which it was in circulation, this coin has become attractive to collectors. In this comprehensive guide, we’ll explore How Much Are Susan B. Anthony Dollars Worth? including factors that affect their worth and tips for collectors.

Current Market Value

Average Prices

• 1979 Coins: Typically range from $1.25 to $2.50 for circulated, up to $10-$15 for uncirculated.
• 1980-1981 Coins: Circulated coins are slightly more, while uncirculated can reach $15-$20.
• 1999 Coins: Start around $2.50 and can go up to $25 for uncirculated.

Notable Sales

Certain coins have all sold for impressive amounts at an auction especially those that have special mistakes or those of higher condition.

History of the Susan B. Anthony Dollar

Introduction of the Coin

The Susan B. Anthony dollar was introduced in 1979 as the first U.S. coin to feature a real woman, honoring the famed suffragist. Designed to replace the cumbersome Eisenhower dollar, it was intended to modernize U.S. currency.

Design and Features

• Obverse: Susan B. Anthony is depicted on a portrait on the coin, and Frank Gasparro is its designer.
• Reverse: An adaptation of the Apollo 11 insignia, with an eagle landing on the moon.
• Specifications: The coin has a diameter of 26.5 mm and is made of copper-nickel clad.

Circulation and Public Reaction

Largely withdrawn from production in 1981 and only briefly revived in 1999 Users did not accept the coin, which was the same size as the quarter.

Factors Influencing the Value of Susan B. Anthony Dollars

Condition and Grading

The value of an SBA dollar highly depends on the coin’s condition and is graded based on the scale of Poor (P-1) and Perfect Uncirculated (MS-70). Coins with grades MS-65 and above are more expensive because they are anywhere near perfect in appearance. The collectors’ proof coins that are minted with specifications of mirror-like surface are also appreciated.

Rarity and Demand

Coins with lower mintage numbers, such as the 1981 dollars, and those with unique varieties like the 1979-S Type 2 or 1981-S Type 2, are rarer and thus more valuable. Thirdly, the demand from collectors is important; coins that fill any gaps in a series or have a history behind them tend to be more expensive.

Historical and Sentimental Value

There are still some collectors who appreciate SBA dollars based on their historical and sentimental appeals, especially owing to the depiction of Susan B. Anthony and her contributions to the history of America. Such an emotional bond can at times elevate the perceived value over and above the market value of the particular coin.

How to Determine the Value of Your Susan B. Anthony Dollars

Step-by-Step Guide

1. Identify the Date and Mint Mark: Look at the head side for the year and the tail side for the mint mark if present.
2. Examine the Condition: Evaluate the state of the coin through appearance, details, luster, and the general wear of the coin. It is advisable to seek professional grading if one is dealing with high-value coins.
3. Check for Varieties: Be on the lookout for specific types like the 1979-P wide rim or the second type of mint marks for 1979-S and 1981-S.
4. Research Current Market Values: There are also other ways of ascertaining the value of these coins which include the use of price guides for coins, results of auction sales, and prices of coins from the dealers.
5. Consider Professional Appraisal: In the case of valuable or unique coins more elaborate coin appraisal would prove the most accurate method.

Selling Your Susan B. Anthony Dollars

Where to Sell

1. Coin Dealers: Professional numismatists who deal with coins should be able to give cash offers on the spot and better valuation information.
2. Online Auctions: Platforms such as eBay or Heritage Auctions enable people to interest a large number of collectors.
3. Coin Shows and Conventions: These events provide a platform for individuals to make face-to-face contact with other collectors and dealers.
4. Online Marketplaces: Alternatively, there are places like Etsy and specialized coin-selling websites for the sale of individual coins or collections.

Tips for Selling

• Accurate Description: Include specifics such as date of manufacture, mint mark, condition, and any known variety.
• Clear Photos: High-quality images help potential buyers assess the coin’s condition and authenticity.
• Competitive Pricing: Study other similar listings to determine how to offer your coins at reasonable prices but still maintain the essence of their value.
• Trustworthy Platforms: Choose reliable selling sites and be vigilant when it comes to payment methods to avoid scams and risks for yourself and the buyer.

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Final Words

Susan B. Anthony’s dollars are affected by factors such as the quality of the coin, scarcity, and market conditions. Most circulated coins are valued only slightly above their face value, however, the special types and higher grades may bring a hefty premium. Regardless of whether you are an expert collector or just an interested amateur, an understanding of the finer points of these coins is likely to be useful in both purchasing/selling, as well as in simply increasing your enjoyment of the hobby.