In an extraordinary turn of events, a woman from Oregon discovered a rare 1979 Susan B. Anthony dollar in her wallet, later selling it at a sealed-bid auction for a staggering $11.9 million. This remarkable find has reignited interest in the potential value of coins still in everyday circulation.
The Discovery
The woman, whose identity remains private, stumbled upon the coin during a routine wallet cleanout. Upon noticing its unusual luster and weight, she consulted a numismatist who confirmed it was a 1979-P Susan B. Anthony dollar struck on a 90% silver planchet, a significant minting error.
This type of error occurred when leftover silver blanks from the Eisenhower dollar series were mistakenly used.
Why This Coin Is So Valuable
Several factors contribute to the coin’s immense value:
- Minting Error: Struck on a 90% silver planchet instead of the standard copper-nickel composition.
- First-Year Issue: Dated 1979, the inaugural year of the Susan B. Anthony dollar.
- High Grade: Graded MS-68, indicating near-perfect condition.
- Unique Status: Currently, it’s the only known example of its kind.
Potential for More Discoveries
Experts believe that other rare Susan B. Anthony dollars may still be in circulation. These coins often go unnoticed due to their similarity to quarters and general unpopularity. They can be found in places like vending machines, bank rolls, and even thrift stores.
Key Features to Identify Valuable Susan B. Anthony Dollars
| Feature | Description |
|---|---|
| Date | 1979 (especially with “P” mint mark) |
| Composition | Silver planchet (90% silver) instead of copper-nickel |
| Mint Mark | “P” for Philadelphia; look for anomalies |
| Condition | High-grade coins (MS-65 and above) are more valuable |
| Edge | Solid silver edge without the typical copper stripe |
The discovery of a $11.9 million Susan B. Anthony dollar serves as a compelling reminder to check your change. With the possibility of other rare coins still in circulation, everyday transactions could hold hidden treasures.
FAQs
How can I determine if my Susan B. Anthony dollar is valuable?
Look for coins dated 1979 with a “P” mint mark, especially those with a silver appearance and no copper edge.
Where can I have my coin evaluated?
Consult a reputable coin dealer or submit your coin to a professional grading service for authentication and appraisal.
Are there other valuable Susan B. Anthony dollars?
Yes, certain minting errors and high-grade coins from the series can be worth significant amounts.