Have you ever checked your pocket change for a rare coin? A 1981 Susan B. Anthony Dollar could be worth up to $990,000 if it has a specific mark. This small, unassuming coin, often mistaken for a quarter, might be hiding in your wallet or coin jar right now. In this article, we’ll break down everything you need to know about this valuable coin, including the unique mark to look for, its history, and tips to spot it in circulation. Let’s dive into this treasure hunt for a coin that could change your life!
What Makes the 1981 Susan B. Anthony Dollar So Special?
The 1981 Susan B. Anthony Dollar is a rare gem in the world of coin collecting due to a specific minting error. While most of these coins are worth only their face value ($1), a small number have a unique feature that makes them incredibly valuable. This feature, known as the “Clear S” mint mark, was created during production at the San Francisco Mint. Only a handful of these error coins are known to exist, driving their value as high as $990,000 at auctions.
A Brief History of the Susan B. Anthony Dollar
Introduced in 1979, the Susan B. Anthony Dollar was the first U.S. coin to feature a real woman, suffragist Susan B. Anthony. The coin was meant to replace the larger Eisenhower Dollar but faced issues because it looked too similar to a quarter. Its small size, silver color, and reeded edge caused confusion, leading to its unpopularity. By 1981, production slowed, and only a limited number of coins were minted, making certain varieties extremely rare.
The Key Mark to Look For: The “Clear S” Mint Mark
The 1981 Susan B. Anthony Dollar with the “Clear S” mint mark is the one collectors are chasing. Here’s what you need to know about this mark:
What Is the “Clear S” Mint Mark?
- Mint Mark Location: Found on the left side of the coin, near Susan B. Anthony’s portrait, just above her shoulder.
- The “Clear S” Feature: The “S” (indicating the San Francisco Mint) is sharp and distinct, unlike the more common blurry or “filled S” mark.
- Why It’s Rare: During 1981, the San Francisco Mint used two types of “S” mint marks. The “Clear S” was accidentally used on a small batch of proof coins meant for collectors, but some ended up in circulation.
How to Spot the “Clear S” Mark
To identify this valuable coin, you’ll need a magnifying glass or a smartphone camera with zoom. Here’s a step-by-step guide:
- Check the Year: Ensure the coin is dated 1981.
- Locate the Mint Mark: Look for the “S” above Susan B. Anthony’s shoulder.
- Examine the “S”: The “Clear S” is sharp, with no blurriness or filling in the curves of the letter.
- Compare with Common Coins: Most 1981 Susan B. Anthony Dollars have a blurry “S” or a different mint mark (like “P” or “D”), which are worth far less.
| Feature | Clear S Mint Mark | Common Mint Mark |
|---|---|---|
| Appearance | Sharp, distinct “S” | Blurry or filled “S” |
| Mint Location | San Francisco | Philadelphia or Denver |
| Value | Up to $990,000 | $1–$5 |
| Rarity | Extremely rare | Common |
Why Is This Coin Worth $990,000?
The 1981 Susan B. Anthony Dollar with the “Clear S” mint mark is valuable for several reasons:
- Extremely Limited Supply: Only a few of these error coins are known to exist, making them highly sought after by collectors.
- Minting Error: The “Clear S” was meant for proof coins (special coins for collectors), not regular circulation coins.
- High Auction Prices: In recent years, these coins have sold for hundreds of thousands at auctions, with one reportedly fetching $990,000 due to its pristine condition and rarity.
Where to Find the 1981 Susan B. Anthony Dollar
You might be wondering where to look for this rare coin. Since some of these dollars are still in circulation, you could find one in everyday places:
Places to Check for the Coin
- Pocket Change: Always inspect dollar coins you receive as change.
- Coin Rolls from Banks: Request rolls of dollar coins from your local bank.
- Coin Jars: Dig through your collection of loose change at home.
- Flea Markets or Garage Sales: Old coin collections might include this rare dollar.
- Vending Machine Returns: Some machines still dispense dollar coins.
Tips for Coin Hunting
- Carry a Magnifying Glass: A small loupe or magnifying glass helps you inspect mint marks closely.
- Learn the Coin’s Look: Familiarize yourself with the Susan B. Anthony Dollar’s design to avoid mistaking it for a quarter.
- Check Online Marketplaces: Sites like eBay or coin forums may have these coins, but beware of fakes—always verify with a professional.
How to Verify and Sell Your Coin
If you think you’ve found a 1981 Susan B. Anthony Dollar with the “Clear S” mint mark, don’t celebrate just yet. Here’s how to confirm its authenticity and cash in:
Step 1: Get It Authenticated
- Take your coin to a professional coin grading service like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
- These services will verify the mint mark and grade the coin’s condition, which affects its value.
Step 2: Decide How to Sell
- Auction Houses: Reputable auction houses like Heritage Auctions or Sotheby’s can fetch top dollar for rare coins.
- Coin Dealers: Local or online dealers can offer a fair price, though it may be lower than auction values.
- Online Marketplaces: If you sell on eBay or similar platforms, ensure you have authentication documents to prove the coin’s value.
Step 3: Protect Your Coin
- Store the coin in a protective holder to prevent scratches or damage.
- Avoid cleaning the coin, as this can lower its value.
Why You Should Start Checking Your Change Now
The 1981 Susan B. Anthony Dollar with the “Clear S” mint mark is a hidden treasure that could be sitting in your pocket. With a potential value of $990,000, it’s worth taking a closer look at your dollar coins. This coin’s rarity, combined with its historical significance, makes it a collector’s dream. By knowing what to look for and where to search, you could stumble upon a life-changing find.
Final Tips for Aspiring Coin Hunters
- Stay Patient: Finding a rare coin takes time and persistence.
- Educate Yourself: Read up on coin collecting to spot other valuable coins in circulation.
- Spread the Word: Share this knowledge with friends and family—they might have the coin in their change!
Conclusion
The 1981 Susan B. Anthony Dollar with the “Clear S” mint mark is more than just a coin—it’s a potential fortune waiting to be discovered. By checking your change, learning to spot the “Clear S,” and verifying any finds with professionals, you could uncover a coin worth up to $990,000. Start your treasure hunt today, and who knows? You might just find the rare 1981 Susan B. Anthony Dollar that changes everything!