Imagine finding a coin in your pocket that’s worth $880,000. Though most 1981 Susan B. Anthony dollars are worth little more than their face value, that changes dramatically if it’s a rare proof “S” mint-marked Type 2 struck under special conditions.
This article explores why this coin has become numismatic gold—so get your magnifier ready.
A Brief Background on the Susan B. Anthony Dollar
The Susan B. Anthony (SBA) dollar was minted only in 1979, 1980, 1981, and again in 1999. Despite earning its place in history—a U.S. coin honoring a pioneering women’s rights leader—public confusion and its similarity to the quarter made it unpopular, especially in normal circulation.
In 1981, the Mint produced these dollars exclusively for collector proof sets, not general use, which inherently limits their rarity and appeal to serious collectors.
What Makes the 1981 Type 2 “S” So Valuable?
The extraordinary value—potentially up to $880,000—comes from a rare combination of factors:
- San Francisco “S” mint mark, specifically the Type 2 flat mint mark variant.
- Proof condition, which ensures a mirror-like finish and sharp details.
- Extremely limited numbers of Type 2 proof examples, making them highly sought after.
Because these were intended for collectors, they were never widely circulated—most were stored in untouched condition.
How to Identify the Valuable Mint Mark
Here’s how to spot the key features that can make a coin incredibly valuable:
- Look for the “S” mint mark just above Susan B. Anthony’s shoulder on the obverse side.
- The Type 2 “S” is flatter and has more pronounced, bulbous tails compared to other variants.
- Proof examples will be shiny, mirror-like, with razor-sharp detail—unlike worn circulation versions.
Why These Coins Surface in Circulation
Though intended for collectors, these rare coins sometimes appear in circulation unexpectedly—oftentimes when old collections are dispersed. A fresh reminder that even everyday change can hide a fortune.
Rarity & Estimated Values
In pristine proof condition, with that special Type 2 “S” mint mark, a coin can fetch as much as $880,000. Most others—proof or circulation—typically range from very low premiums up to modest collector prices depending on grade and condition.
Quick Overview
| Feature | Details |
|---|---|
| Year & Context | 1981 Susan B. Anthony Dollar—proof-only, limited production |
| Mint Mark | “S” above shoulder on obverse—Type 2 flat, prominent “S” |
| Condition Required | Proof quality, mirror finish, crisp detail |
| Estimated Value | Up to $880,000 for rare examples in pristine condition |
| How Rare? | Extremely low—fewer than 50 known Type 2 examples in top-tier condition |
| Collector Value | Ordinary variants are worth only a few dollars, even in uncirculated state |
The 1981 Susan B. Anthony Dollar may seem ordinary, but finding a proof-quality Type 2 “S” variant could be life-changing. Identified by its distinctive mint mark, this coin exemplifies how small minting variations and condition can yield extraordinary collector value.
So next time you come across a Susan B. Anthony dollar, take a closer look—your quiet coin could be priceless.
FAQs
Can any 1981 Susan B. Anthony dollar be worth $880,000?
No. Only those in pristine proof condition with the rare Type 2 “S” mint mark reach such astronomical values. Ordinary circulation pieces are generally worth only a few dollars.
Where is the mint mark located, and how do I identify Type 2?
Look just above Susan B. Anthony’s shoulder on the coin’s front. The Type 2 “S” is flat and has notably bulbous tails—far different from standard mint marks.
How rare are these valuable coins?
Extremely rare—only a small handful of these Type 2 proof coins are confirmed to exist in near-perfect condition.