Rare 1981 Susan B Anthony Dollar Worth $888,000: The Rare 1981 Susan B Anthony Dollar Worth $888,000 is creating a stir among collectors and casual coin hunters alike. What was once a misunderstood and often overlooked coin now carries the possibility of a huge payday for those lucky enough to find it. While most of these coins are only worth their face value, a particular proof version from 1981 is capturing national attention.
You might be wondering if the Rare 1981 Susan B Anthony Dollar Worth $888,000 could be sitting unnoticed in a coin jar or a forgotten drawer. This blog will walk you through everything you need to know, from what makes this coin valuable to how to tell if you have one. If you enjoy treasure hunting or simply want to learn more about valuable coins still in circulation, this is something you will not want to miss.
Rare 1981 Susan B Anthony Dollar Worth $888,000
What sets this coin apart is its unique proof variety, known as the 1981-S Type 2. It was never intended for everyday spending but was released only in proof sets meant for collectors. Still, mistakes and human habits have allowed a few of these rare coins to slip into general circulation. The Type 2 version can be identified by a sharp, well-defined “S” mintmark on the front of the coin, making it different from the more common Type 1.
Collectors value this specific proof coin because of its scarcity and flawless minting quality. While it is extremely rare, the possibility that one might turn up in a bank roll or pocket change has created a buzz in the coin collecting world. Some top-graded versions have fetched thousands, and one theoretical case pushes the value close to $888,000, making this coin a true hidden gem for modern collectors.
Overview Table: Key Facts About the 1981-S Type 2 Proof Dollar
| Feature | Description |
| Coin Series | Susan B. Anthony Dollar |
| Year of Issue | 1981 |
| Mint Location | San Francisco |
| Coin Type | Type 2 Proof |
| Mintmark Feature | Sharp, serifed “S” |
| Intended Use | Collector proof sets |
| Circulation Status | Rare but possible in circulation |
| Collector Value Range | $1,000 to $15,000+ (graded) |
| Auction High | Up to $888,000 in rare cases |
| Rarity Reason | Limited mintage and unique mintmark |
The Story Behind the Susan B. Anthony Dollar
When the Susan B. Anthony dollar was introduced in 1979, it was historic for being the first U.S. coin to feature a real woman. But the coin’s similarity in size and color to the quarter caused confusion. It never gained popularity and was discontinued after just a few short years in 1981. That limited production run made it notable, but the real treasure lies in the proof coins from that final year.
Proof coins are struck with specially polished dies, giving them a mirror-like finish. In 1981, the San Francisco Mint created two types of proof dollars. Type 1 has a duller, more blob-like “S” mintmark. Type 2, the star of this article, features a crisp, clear “S” that stands out under magnification. This version was produced in lower numbers, and its discovery in circulation is extremely rare but not impossible.
What Makes the 1981-S Type 2 Coin So Special?
The biggest appeal of the 1981-S Type 2 proof dollar lies in its mintmark. The sharp “S” makes it instantly recognizable to collectors. It is not just about the design either. Type 2 coins were made during a short window and in small quantities. That makes them hard to find, especially outside of original proof sets.
What really adds to the excitement is the mystery of how these coins end up in circulation. Maybe someone broke up a collection and spent the coins unknowingly. Maybe it was passed down to someone unfamiliar with coin values. However it happens, it creates a very real opportunity for everyday people to discover a small fortune hiding in plain sight.
How Much Is It Really Worth?
Despite the headline-grabbing figure of $888,000, most 1981-S Type 2 proof dollars will not reach that number. The truth is, a coin would need to be in flawless, untouched condition and authenticated by a professional grading company to approach even a fraction of that price. Top-graded examples have sold for $5,000 to $15,000, depending on condition and demand.
The extremely rare, high-end value comes into play only when a perfect specimen is auctioned under the right circumstances. But that does not mean your coin is not valuable. Even mid-range proofs can sell for thousands, especially if they are verified by PCGS or NGC and kept in excellent condition.
Could You Really Find One in Circulation?
Yes, and that is what makes this so exciting. While rare, there are real-world stories of people finding proof coins in pocket change or coin rolls. Sometimes coins from collections are spent by people who do not know what they have. Other times, coins accidentally get mixed into bank supplies. It is not common, but it happens.
That is why coin roll hunting has become a popular hobby. It involves buying rolls of coins from banks and sorting through them in search of valuable or rare finds. It is a little like treasure hunting, and in this case, the treasure could be a Rare 1981 Susan B Anthony Dollar Worth $888,000.
Step-by-Step Guide to Identify a 1981-S Type 2 Coin
- Check the Date: It should read 1981.
- Look for the Mintmark: The “S” is located above Anthony’s shoulder on the front of the coin.
- Examine the “S”: Use a magnifying glass. A Type 1 mintmark will look soft or blob-like, while the Type 2 will be sharp and detailed with small pointed edges.
- Do Not Clean the Coin: Cleaning can lower its value.
- Get it Graded: If you think you have the rare Type 2, send it to a certified coin grading service for verification.
Two Key Tips to Maximize Your Search
- Coin Roll Hunting
Visit your local bank and ask for dollar coin rolls. Open them carefully and look for 1981-dated coins with the San Francisco “S” mintmark. Bring a magnifying glass so you can inspect the details on the spot. - Estate Sales and Old Collections
You never know what is hidden in a family heirloom collection. Many proof coins from the 1980s are still sitting in boxes, unrecognized. If you are lucky, one of them might just be the Rare 1981 Susan B Anthony Dollar Worth $888,000.
FAQ
1. How can I tell if I have a Type 2 Susan B. Anthony dollar?
Look for the “S” mintmark above Susan B. Anthony’s shoulder. If it is sharp and clearly defined with small points, it may be the rare Type 2.
2. Are all 1981 Susan B. Anthony dollars valuable?
No, only the 1981-S Type 2 proof coin holds significant value. Regular coins from Philadelphia or Denver are worth face value.
3. Can these coins still be found in change?
Yes, though very rare, these coins have shown up in circulation. They might come from broken proof sets or old collections.
4. Is it worth sending my coin for grading?
If you suspect it is a Type 2 and it looks perfect, professional grading can help confirm its value and make it easier to sell.
5. Why is the Type 2 so rare?
The Type 2 proof was made in very limited numbers with a different mintmark design. Its limited run and high-quality detail make it highly collectible.