The 1979 Susan B. Anthony dollar was once considered one of the most ordinary modern coins in U.S. history. Produced in the millions and used heavily in circulation, many believed these dollars were worth little more than their face value.
That’s why collectors were stunned when a rare 1979 variety recently sold for thousands of dollars at auction. What makes this coin so valuable, and why did its price surprise so many in the numismatic community? Let’s break it down.
The History of the Susan B. Anthony Dollar
The Susan B. Anthony dollar was first introduced in 1979 and ran through 1981, with one final year of production in 1999. It was the first U.S. coin to feature a real woman, honoring women’s rights activist Susan B. Anthony.
Key details of the coin include:
- Weight: About 8.1 grams
- Diameter: 26.5 mm
- Metal: Copper-nickel clad
- Mints: Philadelphia, Denver, San Francisco
Despite its groundbreaking design, the coin was not widely loved. Its small size and similarity to a quarter caused confusion, making it less popular in circulation.
Why Did a 1979 Dollar Sell for So Much?
Normally, a 1979 Susan B. Anthony dollar in circulation is worth $1 to $3. However, certain rare varieties and high-grade examples can fetch massive premiums.
The coin that shocked collectors was a 1979-P Wide Rim (Near Date) variety in Mint State condition, which sold for nearly $7,000 at auction. Another 1979-D example in a top grade brought over $12,000. These sales highlighted how rarity and condition can completely transform value.
Factors That Boosted the Value
Several factors explain why this particular coin reached such a high auction price:
- Rare Variety – The “Wide Rim” version has the date placed closer to the edge of the coin, making it scarcer than the common “Narrow Rim” type.
- High Grade – Coins graded MS67 or higher are nearly flawless, with exceptional strike and luster.
- Collector Demand – With more people chasing registry sets and rare varieties, competition for top examples has soared.
- Limited Survival in High Grade – Most of these coins circulated heavily, so pristine survivors are extremely rare.
Value Comparison: 1979 Varieties
Coin Variety | Approximate Circulated Value | High-End Auction Price | Notes |
---|---|---|---|
1979-P Narrow Rim | $1 – $3 | Low premiums | Most common type |
1979-P Wide Rim | $10 – $50 | Up to $7,000 | Scarce and highly collectible |
1979-D (Denver) | $2 – $5 | Over $12,000 | Rare in top grade |
1979-S (San Francisco) | $2 – $4 | Up to $5,000 | Proof and mint set coins valued higher |
How to Spot a Valuable 1979 Dollar
If you have a 1979 Susan B. Anthony dollar, here’s how to check if it could be valuable:
- Look at the rim: If the date is close to the edge, it’s the Wide Rim variety.
- Check the mint mark: P, D, or S will indicate where it was struck.
- Examine the condition: Coins with fewer scratches, strong luster, and sharp details are worth more.
- Consider grading: Submitting to a professional grading service can confirm the variety and increase value.
Why Collectors Are Excited
The recent auction highlighted a truth that excites coin collectors — even coins produced in huge numbers can hide rare gems.
The Susan B. Anthony dollar, often overlooked, has now become a hot topic in numismatic circles. Collectors are digging through old coin jars, hoping to uncover a Wide Rim treasure or a pristine high-grade example.
The 1979 Susan B. Anthony dollar has proven that not all modern coins are destined to remain common. With auction results reaching $7,000 and beyond, this once-unloved coin has earned a place in the spotlight.
For everyday people, it’s a reminder to always check change carefully. That dollar coin in your drawer might just be a hidden treasure worth thousands.
FAQs
Are all 1979 Susan B. Anthony dollars valuable?
No. Most are worth only $1 to $3, but rare varieties like the Wide Rim and coins in high Mint State grades can sell for thousands.
What is the Wide Rim variety?
It’s a version of the 1979-P coin where the date is closer to the coin’s rim. This makes it scarcer and more desirable to collectors.
How can I find out if my coin is valuable?
Check the rim spacing, mint mark, and overall condition. If the coin looks exceptional, consider having it graded by a professional.