Imagine finding a simple 1981 Susan B. Anthony dollar in your wallet — and discovering it’s worth nearly $880,000. Sounds unbelievable, right? Yet, collectors are buzzing because some of these coins, still floating in everyday circulation, are hiding rare features that make them worth a fortune. The next time you get change, you might want to take a closer look — you could be holding a piece of American history worth more than you think.
What Is the 1981 Susan B. Anthony Dollar?
The 1981 Susan B. Anthony (SBA) dollar was part of a short-lived coin series minted from 1979 to 1981 and briefly in 1999. Named after the legendary women’s rights activist Susan B. Anthony, this coin was the first U.S. dollar to feature a real woman on its face. Though it failed to gain popularity in circulation, certain 1981 issues are now extremely rare and valuable due to low mintage and minting anomalies.
The History Behind the Coin’s Creation
After the Eisenhower dollar was phased out, the U.S. Mint introduced a smaller dollar coin in 1979 to encourage public use. The Susan B. Anthony dollar was designed by Frank Gasparro, showcasing Anthony’s portrait and an Apollo 11 eagle on the reverse. However, the coin was often confused with the quarter, leading to its discontinuation. By 1981, production was limited to collector sets — a decision that made these coins scarce in circulation today.
Why the 1981 SBA Dollar Is So Valuable
The 1981 Susan B. Anthony dollar stands out for several reasons. Certain varieties, especially proof coins and error coins, can fetch incredible prices. Some have rare “Type 2” mint marks, unique die errors, or mirror-like finishes that distinguish them from ordinary versions. The rarest ones — particularly 1981-S Proof Type 2 coins — have been sold at auction for up to $880,000, depending on their grade and rarity.
Key Details That Make It Worth Thousands
| Feature | Description | Potential Value |
|---|---|---|
| 1981-S Type 2 Proof | Clear “S” mint mark, sharper strike | Up to $880,000 |
| 1981-P Mint Errors | Double die obverse, striking issues | $10,000–$50,000 |
| 1981-D Business Strike | Low mintage, high grade (MS-68+) | $1,000–$5,000 |
| Proof Sets (Unopened) | Contains pristine Type 2 proofs | $5,000+ |
| Even circulated coins from this series can carry value if they show unique minting features or exceptional condition. |
How to Identify a Rare 1981 SBA Dollar
Collectors use a few tricks to identify a rare version of this coin:
- Check the Mint Mark: Look closely under the date for a “P,” “D,” or “S.” The Type 2 “S” mint mark is the most valuable.
- Examine with Magnification: Search for doubling on letters or numbers — a telltale sign of a mint error.
- Look for Proof-Like Surfaces: Shiny, mirror-finished coins often indicate proof strikes.
- Weigh and Measure: Authentic SBA dollars weigh 8.1 grams and measure 26.5 mm in diameter.
Mint Marks and Their Rarity
| Mint Location | Mint Mark | Type | Rarity |
|---|---|---|---|
| Philadelphia | P | Business Strike | Moderate |
| Denver | D | Business Strike | Uncommon |
| San Francisco | S | Proof Type 1 | Common |
| San Francisco | S | Proof Type 2 | Extremely Rare |
Expert Tips to Spot Valuable Coins in Circulation
Coin experts recommend paying close attention to your daily change, as many people unknowingly spend valuable coins. Keep these insider tips in mind:
- Always check older dollar coins for mint marks and years.
- Store potentially valuable coins in protective sleeves to preserve condition.
- Use online resources like PCGS or NGC to verify authenticity and grading.
- Watch for auction listings, as high-grade SBAs are always in demand.
FAQs About the 1981 Susan B. Anthony Dollar
Q: Is every 1981 Susan B. Anthony dollar worth money?
A: No, only specific versions — such as Type 2 proofs or rare mint errors — command high prices.
Q: Can I still find these coins in circulation?
A: Yes, although rare, some 1981 SBA dollars occasionally appear in coin rolls, bank deposits, or estate collections.
Q: What’s the easiest way to check if my coin is valuable?
A: Look for the mint mark and have it appraised by a certified coin dealer or grading service.
Why You Should Check Your Change Today
The 1981 Susan B. Anthony dollar might seem ordinary at first glance, but hidden among them are coins worth more than luxury cars. Whether it’s an error strike, a Type 2 proof, or simply a well-preserved specimen, these coins continue to surprise collectors. The next time you get change, take a moment — that shiny dollar could be your ticket to a small fortune.