The value of Susan B. Anthony dollars is multifaceted, encompassing both face value and collector value. While these coins are legal tender with a face value of one dollar, their worth can significantly exceed this amount depending on factors such as condition, mint mark, and rarity.
The limited mintage years (1979, 1980, 1981, and 1999) contribute to potential numismatic interest. Certain varieties, such as the 1979-P “Near Date” and proofs, are particularly sought after by collectors. Their historical significance as the first circulating U.S. coin to honor a non-mythical woman adds another layer to their overall appeal.
Determining the specific worth of a Susan B. Anthony dollar requires a careful assessment. Examining the coin’s condition and identifying its mint mark are crucial first steps in understanding its potential market value. Further research using price guides and consulting with reputable coin dealers can provide a more precise estimation.
1. Face Value
The face value of a Susan B. Anthony dollar represents its legal tender designation; it is worth one dollar in any transaction where United States currency is accepted. This foundational value remains constant, regardless of the coin’s condition or potential numismatic worth. While collectors may assign a premium based on rarity or condition, this does not alter the coin’s inherent monetary value as established by the U.S. government. For example, a Susan B. Anthony dollar in circulated condition can still be used to purchase goods or services valued at one dollar, irrespective of whether a collector might pay more for an uncirculated specimen.
The face value establishes a baseline for assessing the coin’s overall worth. It serves as a reference point when determining the potential profit or loss associated with buying or selling it. Dealers and collectors consider this value in conjunction with factors such as mint mark, year of issue, and condition to arrive at a fair market price. A coin’s premium, derived from its numismatic appeal, is added to the face value to determine its total worth in the collectors’ market.
Ultimately, understanding the face value is crucial for anyone interacting with Susan B. Anthony dollars. It ensures that the coin can always be redeemed for its designated monetary amount, providing a measure of security even if the collector market fluctuates. Despite potential increases in numismatic value, the face value provides a stable and guaranteed minimum worth.
2. Mint Mark
The mint mark on a Susan B. Anthony dollar directly influences its collectible worth. Mint marks, indicating the U.S. Mint facility where the coin was produced, are “P” for Philadelphia, “D” for Denver, and “S” for San Francisco. The scarcity of coins from specific mints in particular years creates variations in value. For example, a Susan B. Anthony dollar minted in Philadelphia in 1979 (“1979-P”) is generally more common than the same year’s coin from San Francisco (“1979-S”), thus impacting its value in the numismatic market. The presence and type of mint mark is, therefore, a primary factor in assessing a specific coin’s worth.
Variations within mint marks can further affect value. The 1979-P “Near Date” variety, where the date is positioned closer to the rim, is more valuable than the standard version. This subtle difference, identifiable through careful examination, exemplifies how mint-related characteristics influence collector desirability and, consequently, the market value. Coin grading services, such as PCGS and NGC, meticulously analyze these mint mark attributes, further solidifying their importance in determining worth.
The mint mark, therefore, serves as a crucial identifier for Susan B. Anthony dollars. It is not merely an insignificant detail but a determinant of rarity and, by extension, worth. Understanding the relationship between mint marks and mintage figures is essential for anyone seeking to evaluate the value of these coins, as it often dictates whether a specific coin is a common currency piece or a potentially valuable collectible.
3. Condition
The condition of a Susan B. Anthony dollar is a primary determinant of its value to collectors and numismatists. A coin’s condition reflects its state of preservation and the degree of wear it has sustained, directly influencing its desirability and market price.
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Uncirculated State
An uncirculated Susan B. Anthony dollar shows no signs of wear. Original mint luster is fully present, and there are no visible scratches or abrasions. Coins in this state command the highest prices, as they represent the coin as it was originally produced. For example, an uncirculated 1979-P Susan B. Anthony dollar can be worth significantly more than its circulated counterpart.
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About Uncirculated (AU)
Coins graded as About Uncirculated exhibit minor traces of wear, often visible on the high points of the design. The majority of the coin retains its original luster, but subtle imperfections are present. While not as valuable as uncirculated coins, AU examples are still highly sought after by collectors looking for affordable, high-quality specimens. Slight rubbing on Anthony’s cheek might be a typical indicator.
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Circulated Grades (EF, VF, F, G)
Extremely Fine (EF), Very Fine (VF), Fine (F), and Good (G) represent progressively increasing degrees of wear. Coins in these grades show visible signs of handling and use. As wear increases, finer details become less distinct, and the coin’s overall appearance diminishes. Consequently, the value decreases substantially compared to uncirculated examples. A heavily worn Susan B. Anthony dollar in Good condition, while still retaining its face value, holds minimal collector value.
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Proof Condition
Proof Susan B. Anthony dollars, specifically struck for collectors, exhibit sharp details and a mirror-like finish. These coins are carefully produced and handled to maintain their pristine condition. Proof coins are graded on a scale of PR60 to PR70, with PR70 representing a flawless example. Proof examples typically command higher prices than their business-strike counterparts, assuming equivalent grading.
The correlation between condition and value is unmistakable. Grading services like PCGS and NGC provide standardized assessments of coin condition, offering collectors a reliable basis for evaluating “what are susan b anthony dollars worth.” Accurately determining the grade of a Susan B. Anthony dollar requires careful examination and familiarity with grading standards, ultimately influencing its market price and collector appeal.
4. Rarity
Rarity exerts a considerable influence on the value of Susan B. Anthony dollars. The term refers to the limited availability of specific issues, often stemming from low mintage figures, errors, or unique historical circumstances. Understanding rarity is critical for assessing the potential worth of these coins.
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Mintage Numbers
Lower mintage numbers generally translate to increased rarity and, consequently, higher value. For example, the 1981 Susan B. Anthony dollars, particularly those from the Philadelphia and San Francisco Mints, had relatively low mintages compared to the 1979 issues. This scarcity elevates their appeal among collectors. The fewer the coins initially produced, the greater the potential for value appreciation over time.
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Uncirculated Examples
While a coin may not have an exceptionally low mintage overall, uncirculated examples can be rarer than circulated ones. The handling and circulation of coins diminish their condition, leading to fewer high-grade specimens available for collectors. Therefore, an uncirculated 1979 Susan B. Anthony dollar, while not inherently rare due to the high mintage, commands a higher price than a circulated one simply because of its pristine condition and limited availability.
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Error Coins
Error coins, exhibiting mistakes during the minting process, represent a significant source of rarity. These can include doubled dies, off-center strikes, or missing design elements. Although no widely recognized major errors are associated with Susan B. Anthony dollars, any discovered and authenticated errors would significantly increase the coin’s value due to their unique and limited nature. Error coins are prized by collectors for their distinctiveness and are often highly sought after.
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Proof Examples
Proof Susan B. Anthony dollars, produced with special dies and techniques for collectors, are inherently rarer than business-strike coins intended for circulation. Proof coins from all years typically command a premium due to their limited production and superior quality. A proof coin’s rarity further increases if it exhibits exceptional eye appeal or a high grade, making it a desirable addition to numismatic collections and a significant factor in its overall worth.
The interplay between mintage figures, condition, errors, and the production of proof examples collectively determines the rarity of a specific Susan B. Anthony dollar. Rarity, in turn, directly impacts its worth, with scarce issues commanding higher prices in the numismatic market. Accurately assessing rarity requires careful examination, knowledge of mintage figures, and understanding of grading standards, underscoring its importance in evaluating any particular example.
5. Mintage Year
The mintage year of a Susan B. Anthony dollar is a critical factor influencing its potential market value. The years in which these coins were struck1979, 1980, 1981, and a single, final run in 1999directly correlate to the relative scarcity of specific issues. This scarcity, driven by the number of coins produced in a given year at each mint, plays a significant role in determining what collectors are willing to pay. For instance, the 1981 issues generally command higher prices than the 1979 issues due to their comparatively lower mintage figures across all mint locations (Philadelphia, Denver, and San Francisco).
Variations within a mintage year, such as the “Near Date” variety of the 1979-P dollar, further demonstrate the impact of production specifics on value. These subtle differences, resulting from minor die variations during the minting process, create sub-categories that are more sought after by collectors. Similarly, proof coins, produced using a specialized process and bearing the “S” mint mark, are typically more valuable than their business-strike counterparts from the same year, reflecting their limited production and higher quality. The 1999 issue, minted solely to meet vending machine demand, also carries a premium due to its singular year of production within an otherwise dormant period.
In summary, the mintage year serves as a foundational element in assessing the worth of a Susan B. Anthony dollar. It dictates the overall availability of the coin, impacting both its commonality and its potential for appreciation within the numismatic market. Understanding the mintage figures for each year and mint location is essential for anyone seeking to accurately evaluate the value of these coins, and informs the price at which they are bought and sold among collectors and dealers.
6. Collector Demand
Collector demand significantly influences the market valuation of Susan B. Anthony dollars. This demand stems from various factors, including the coin’s historical significance, limited mintage, and aesthetic appeal. Shifts in collector preferences and market trends directly impact prices within the numismatic community.
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Historical Significance
The Susan B. Anthony dollar, as the first circulating U.S. coin to depict a non-allegorical woman, holds a unique place in American numismatic history. This historical significance fuels demand from collectors seeking to own a tangible piece of this history. For instance, collectors interested in women’s rights or American social history often seek these coins, driving up their market value beyond their intrinsic metal content.
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Condition Sensitivity
Collector demand is highly sensitive to the condition of Susan B. Anthony dollars. Uncirculated examples, retaining their original mint luster and free from wear, command substantially higher prices than circulated coins. This premium reflects the desire among collectors to acquire specimens in the best possible condition. Coin grading services such as PCGS and NGC play a crucial role in assessing condition, thereby influencing demand and value.
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Key Dates and Varieties
Specific dates and varieties within the Susan B. Anthony dollar series are more sought after due to their relative scarcity. The 1981 issues, with lower mintage figures than the 1979 issues, exemplify this phenomenon. Similarly, the 1979-P “Near Date” variety is a prime example of how a subtle variation can significantly impact collector demand and, consequently, market value. The recognition and pursuit of these key dates and varieties amplify the coins’ overall worth.
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Market Trends and Speculation
Broader market trends and speculative investment activities can also impact the demand for Susan B. Anthony dollars. Increased interest in numismatics as an alternative investment, or a surge in popularity of specific coin series, can drive prices upward. Conversely, shifts in collector tastes or economic downturns can lead to decreased demand and lower prices. The ebb and flow of these market forces continuously shape the valuation of these coins.
In conclusion, collector demand acts as a critical determinant in the valuation of Susan B. Anthony dollars. It is an amalgamation of historical appreciation, condition preferences, scarcity factors, and market dynamics. Understanding these facets of demand is essential for anyone seeking to accurately assess “what are susan b anthony dollars worth” within the ever-evolving numismatic landscape.
Frequently Asked Questions
The following questions address common inquiries regarding the value and attributes of Susan B. Anthony dollars. These answers provide insights into factors influencing their worth in the numismatic market.
Question 1: What is the standard face value of a Susan B. Anthony dollar?
The established face value of a Susan B. Anthony dollar is one United States dollar. It remains legal tender for this amount, irrespective of its collector value.
Question 2: Which mint marks can be found on Susan B. Anthony dollars, and how do they impact value?
Susan B. Anthony dollars bear three possible mint marks: “P” for Philadelphia, “D” for Denver, and “S” for San Francisco. The mint mark indicates the facility where the coin was produced, with some mints and years having lower mintages, potentially increasing the coin’s value.
Question 3: How does the condition of a Susan B. Anthony dollar influence its worth?
Condition is a significant factor. Uncirculated coins, exhibiting no wear and retaining original mint luster, command higher prices than circulated examples showing signs of use.
Question 4: Are there specific years of Susan B. Anthony dollar production that are considered more valuable?
Yes. The 1981 issues, in general, have lower mintages compared to 1979 and are thus often worth more. The 1999 issue, minted only for vending machines, also holds additional value.
Question 5: What is the “Near Date” variety, and why is it significant?
The “Near Date” variety refers to the 1979-P Susan B. Anthony dollar where the date is positioned closer to the rim of the coin. This minor variation is sought after by collectors and commands a premium.
Question 6: Do Susan B. Anthony proof dollars have a higher value?
Yes. Proof Susan B. Anthony dollars, specially struck for collectors, exhibit sharp details and a mirror-like finish. These coins, marked with an “S” mint mark, typically command higher prices than standard business-strike coins.
Understanding the interplay of face value, mint mark, condition, mintage year, variety, and collector demand is crucial for assessing the true worth of a Susan B. Anthony dollar. Careful examination and consultation with numismatic resources can provide more accurate valuations.
The next section explores resources for further information and valuation assistance.
Tips for Determining Susan B. Anthony Dollar Value
Accurately assessing the worth of Susan B. Anthony dollars requires a systematic approach. The following guidelines provide a framework for evaluating these coins, leading to a more informed understanding of their potential value.
Tip 1: Identify the Mint Mark: Locate the mint mark (P, D, or S) on the coin’s obverse, near Susan B. Anthony’s shoulder. This identification is crucial, as mint marks correlate to mintage figures, which directly impact value. For example, San Francisco minted coins are frequently scarcer, increasing their worth.
Tip 2: Assess the Coin’s Condition: Evaluate the coin’s condition according to established grading standards. Uncirculated examples, exhibiting no wear, command the highest premiums. Circulated coins, showing signs of use, are worth significantly less. Use a magnifying glass to examine for subtle scratches or wear on high points of the design.
Tip 3: Research Mintage Figures: Consult reputable numismatic sources to determine the mintage numbers for the specific year and mint mark combination. Years with lower mintages, such as 1981, are generally more valuable due to their relative scarcity.
Tip 4: Identify Varieties: Examine the coin for known varieties, such as the 1979-P “Near Date.” These subtle differences can significantly increase value if authenticated. Compare the date’s position to documented examples of the variety.
Tip 5: Consult Price Guides: Utilize current coin price guides from reputable publishers to obtain an estimated value based on the coin’s grade, mint mark, and year. These guides provide a baseline for determining fair market value.
Tip 6: Seek Expert Appraisal: If uncertainty persists regarding the coin’s grade or authenticity, consult with a professional numismatist or coin dealer. Their expertise can provide a more accurate assessment and potentially identify previously unnoticed valuable attributes.
Tip 7: Consider Market Trends: Monitor current market trends within the numismatic community. Changes in collector demand can influence the prices of specific coins. Stay informed about recent auction results and dealer listings to gauge market sentiment.
By consistently applying these tips, a more reliable and informed determination of a Susan B. Anthony dollar’s worth can be achieved. Accurate evaluation leads to better informed buying, selling, or collecting decisions.
The following section will explore available resources for further research and value assessment of Susan B. Anthony dollars.
What Are Susan B. Anthony Dollars Worth
The preceding exploration has established that the worth of Susan B. Anthony dollars is a multifaceted consideration extending beyond mere face value. Coin condition, mint mark, mintage year, and the presence of recognized varieties contribute significantly to its overall valuation. Collector demand and prevailing market trends further influence its perceived worth within the numismatic community. Accurate assessment necessitates a thorough examination of these factors, often requiring consultation with established grading standards and reputable numismatic resources.
Understanding the determinants of value for these coins empowers informed decision-making, whether for collecting, selling, or historical appreciation. Further research and engagement with numismatic experts are encouraged to fully appreciate the nuances of Susan B. Anthony dollar valuation, ensuring that both intrinsic and collector-driven factors are duly considered.
