Are Susan B. Anthony dollars valuable? This question often arises among collectors and enthusiasts of American currency. Susan B. Anthony dollars, released in 1979 and 1980, have a unique history and have gained significant value over the years. In this article, we will explore the factors that contribute to their value and discuss the various aspects that make these coins special.
The Susan B. Anthony dollar was introduced to honor the suffragist Susan B. Anthony, who played a crucial role in the women’s suffrage movement. Designed by Elizabeth Jones, the coin features a profile of Anthony on the obverse and a depiction of the Statue of Liberty on the reverse. Despite its noble purpose, the coin faced initial criticism due to its similarity to the smaller Sacagawea dollar, leading to confusion among the public.
The value of Susan B. Anthony dollars can be attributed to several factors. Firstly, the limited mintage of certain years and mint marks adds to their rarity. For instance, the 1979-S and 1980-S coins, struck at the San Francisco Mint, are highly sought after by collectors. Additionally, the 1979-D coin, struck at the Denver Mint, is also valuable due to its low mintage.
Another factor that contributes to the value of Susan B. Anthony dollars is the presence of errors and varieties. Coins with mint errors, such as doubled dies or off-center strikes, can significantly increase in value. Additionally, coins with special varieties, such as the “No Motto” variety, which lacks the word “Liberty” on the reverse, are highly prized by collectors.
The condition of the coin also plays a crucial role in determining its value. Coins in pristine condition, known as “MS-65” or “Gem Uncirculated,” can fetch a premium over circulated coins. The grade of the coin is determined by the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), which assess the coin’s condition, including factors such as luster, strike, and surface quality.
Moreover, the Susan B. Anthony dollar has a rich history that adds to its allure. As a result of the confusion caused by the coin’s design, the U.S. Mint produced the “Anthony” dollar with a reverse similar to the Sacagawea dollar. This led to the issuance of the “Sacagawea” dollar in 1999, effectively ending the production of the Susan B. Anthony dollar.
In conclusion, Susan B. Anthony dollars are indeed valuable, with their value influenced by factors such as rarity, mint marks, errors, and condition. As a piece of American history and a testament to the struggle for women’s suffrage, these coins hold significant importance for collectors and enthusiasts alike. Whether you are looking to add a rare Susan B. Anthony dollar to your collection or simply want to understand the value behind these unique coins, this article has provided you with a comprehensive overview of their worth.
