Susan B. Anthony Dollar Value Guide (1979–1999)

The Susan B. Anthony dollar stands as one of the most misunderstood and underappreciated series in modern U.S. numismatics. Introduced in 1979 as a cost-saving alternative to the paper dollar and the unwieldy Eisenhower dollar, this small dollar coin was immediately rejected by the American public. Its near-identical size to the Washington quarter led to widespread confusion at cash registers, earning it unflattering nicknames like the "Carter Quarter" and cementing its reputation as a commercial failure.

Yet what failed in circulation has succeeded remarkably in the collector market. The series spans just four production years—1979, 1980, 1981, and a surprise revival in 1999—making it one of the most compact modern U.S. coin series. This brevity, combined with fascinating die varieties, dramatic production changes, and the registry set phenomenon, has transformed the "failed" Susan B. Anthony dollar into a vibrant and rewarding collecting specialty.

This comprehensive guide examines every aspect of the series: from identifying your coin's mint mark and variety to understanding why a 1981-S business strike in pristine condition can command over $21,000 at auction. Whether you've inherited a jar of "Susies" from a deceased relative, pulled one from a stamp vending machine, or are building a serious registry set, you'll find the information you need to accurately assess your coins' value and potential.

Susan B. Anthony Dollar Identification Guide

Before determining your Susan B. Anthony dollar's value, you must correctly identify its key characteristics. Unlike silver dollars which require composition testing, SBA dollar identification focuses primarily on date, mint mark, and die variety recognition.

Date Location and Reading

The date appears on the obverse (front) below Susan B. Anthony's portrait. The series includes only four production years: 1979, 1980, 1981, and 1999. No Susan B. Anthony dollars were minted from 1982 through 1998—these are known as the "gap years."

Mint Mark Location and Types

The mint mark appears on the obverse, to the left of Susan B. Anthony's neck, just above her shoulder. This location is consistent across all years of production.

Mint marks used in the series:

• P (Philadelphia): Standard on all years. Note that 1999-P is the only year a SBA proof was struck at Philadelphia.
• D (Denver): Present on all four production years.
• S (San Francisco): Present on 1979, 1980, and 1981. The San Francisco Mint produced both business strikes (1979-1981) and proofs (1979-1981). Important: There is no 1999-S SBA dollar.

Susan B. Anthony dollar mint mark location on the obverse, left of the portrait's neck

Composition Identification

All Susan B. Anthony dollars share the same copper-nickel clad composition used for quarters, dimes, and half dollars. The coin has no precious metal content, so there is no silver test required.

Specifications:

• Composition: Outer layers of 75% copper, 25% nickel bonded to a pure copper core
• Weight: 8.1 grams
• Diameter: 26.5mm (compared to 24.3mm for a Washington quarter)
• Edge: Reeded (grooved)

Distinguishing Business Strikes from Proofs

Understanding the difference between business strikes (circulation coins) and proof coins is critical for valuation:

Business Strikes:

• Satin or slightly frosty finish
• Design elements and fields have similar luster
• May show mint luster ("cartwheel" effect under rotation)
• Distributed through Federal Reserve Banks or included in Mint Sets

Proof Coins:

• Mirror-like, reflective fields
• Frosted design elements (cameo effect)
• Struck multiple times with specially prepared dies and planchets
• Sold directly to collectors, never intended for circulation
• Only produced at San Francisco (1979-1981) and Philadelphia (1999-P only)

Comparison of proof (left, with mirror fields) and business strike (right, with satin finish) Susan B. Anthony dollars

Special Cases: NIFC Issues

The 1981-dated Susan B. Anthony dollars from all three mints (P, D, and S) carry the designation "NIFC"—Not Issued For Circulation. These coins were struck exclusively for inclusion in 1981 Uncirculated Mint Sets sold to collectors. They were never released into general circulation through banks or Federal Reserve channels.

While NIFC coins look identical to regular business strikes in terms of finish and manufacturing process, their limited distribution creates significant collector demand, especially in high grades.

Susan B. Anthony Dollar Series Overview: History and Significance

To truly appreciate the numismatic significance of the Susan B. Anthony dollar, one must understand the political, economic, and social forces that shaped its creation and ultimate failure as a circulating coin.

The Genesis: Why a Small Dollar?

By the mid-1970s, the United States faced mounting pressure to reform its coinage system. The large Eisenhower dollar (38.1mm diameter, 22.68 grams) had failed to circulate outside Nevada casinos. Meanwhile, inflation was eroding the purchasing power of the quarter, creating operational challenges for vending machines and transit systems that increasingly needed a higher-value coin.

In 1976, the Research Triangle Institute (RTI) conducted a comprehensive study concluding that a smaller dollar coin could save the government millions annually. Paper dollars lasted only 18 months in circulation, while coins could serve for 15-30 years. The study recommended a coin intermediate in size between the quarter and half dollar, and critically warned that the paper dollar should be simultaneously withdrawn for the coin to succeed. This final recommendation was ignored—a decision that would prove fatal to the coin's circulation prospects.

Political Intervention and Design Selection

Chief Engraver Frank Gasparro initially designed a "Flowing Hair Liberty" obverse featuring an allegorical representation of Liberty. However, the political climate of the late 1970s, energized by the women's rights movement and the push for the Equal Rights Amendment, demanded that the new coin feature a real American woman rather than an allegorical figure.

Congress ultimately selected Susan B. Anthony, the pioneering 19th-century suffragette who fought for women's voting rights. The Susan B. Anthony Dollar Coin Act of 1978 (Public Law 95-447) was signed by President Jimmy Carter on October 10, 1978, marking the first time a non-mythical woman appeared on a circulating U.S. coin—a milestone of genuine historical importance.

The reverse retained the Apollo 11 "Eagle Landing on the Moon" design from the Eisenhower dollar, maintaining continuity with the dollar denomination.

The 1979 Launch: Public Rejection and the "Carter Quarter" Debacle

Production began in late 1978, and nearly 758 million coins were struck in 1979 alone. When the coins were released to the public on July 2, 1979, the reaction was swift and overwhelmingly negative.

The coin's fatal design flaw became immediately apparent: despite being 2.2mm larger than a quarter, the SBA dollar was nearly identical in feel, especially when handled quickly in dim light. Cashiers confused it with quarters. Customers felt cheated when receiving one as change. Retailers avoided dispensing them, fearing losses. The derisive nickname "Carter Quarter" stuck, and the coin became a political liability.

Production Decline and the NIFC Era (1980-1981)

By 1980, the Mint recognized its massive overproduction. Philadelphia's mintage plummeted from 360 million in 1979 to just 27.6 million in 1980. The coins weren't circulating; they were accumulating in Federal Reserve vaults.

In 1981, the Treasury Department halted production for circulation entirely. However, to satisfy collectors, the Mint struck approximately 3 million coins from each mint exclusively for inclusion in 1981 Uncirculated Mint Sets. These NIFC (Not Issued For Circulation) coins are the true key dates of the business strike series, as they were never released through banks and were typically subjected to handling damage from the mint set packaging process.

The Gap Years (1982-1998): From Forgotten Failure to Transit Workhorse

For 17 years, no Susan B. Anthony dollars were minted. The enormous stockpile of 1979-1980 coins sat in Federal Reserve vaults, seemingly destined to become a numismatic footnote. Collectors largely ignored the series, viewing it as a contemporary failure unworthy of serious attention.

Then, in the 1990s, something unexpected happened. The United States Postal Service (USPS) began retrofitting thousands of stamp vending machines to accept and dispense dollar coins. Urban transit authorities followed suit. The despised SBA dollar found new life in automated machines that couldn't handle paper currency reliably. The stockpile began to drain.

By 1998, the Mint reported fewer than 40 million coins remained—insufficient to meet projected demand. With the new Sacagawea "Golden Dollar" not scheduled for release until 2000, Congress authorized an emergency production run to bridge the gap.

The 1999 Resurrection: A Final Chapter

The 1999 Susan B. Anthony dollar production was rushed and characterized by quality control issues. The minting technology had evolved since 1981, and many 1999 coins exhibit "orange peel" surfaces—a bumpy, textured field caused by die fatigue—and weaker strikes than their predecessors.

Only Philadelphia and Denver minted business strikes. San Francisco did not participate. Interestingly, the 1999-P Proof is unique in the series: it's the only SBA proof struck at Philadelphia, and it was sold individually in a blue velvet presentation case rather than as part of a full proof set. This makes it both instantly identifiable and modestly collectible.

The 1999 production marked the true end of the Susan B. Anthony dollar saga. In 2000, the Sacagawea dollar debuted with its distinctive golden color, finally providing the visual distinction that the SBA lacked.

Susan B. Anthony Dollar Value Chart (1979-1999)

The following comprehensive table provides current market values for Susan B. Anthony dollars graded by PCGS or NGC. Values reflect coins with no problems (cleaning, damage, environmental issues) and represent retail prices collectors can expect to pay. Click on any year to view detailed information about that specific date.

*Proof mintages represent total production; Type 2 varieties typically account for 10-20% of the total. Values assume coins are graded by PCGS or NGC with no problems. PR69 Deep Cameo and MS67+ represent the practical ceiling for most dates.

Susan B. Anthony Dollar Key Dates Worth Money

While the Susan B. Anthony series is compact, several dates and varieties command substantial premiums, particularly in high grades. Understanding what makes these coins valuable is essential for collectors sorting through bulk lots or inherited collections.

The 1981-S Business Strike: King of the Series

1981-S Susan B. Anthony dollar business strike obverse—the most valuable regular issue in the series

The 1981-S business strike is unquestionably the most valuable coin in the Susan B. Anthony series, with the PCGS MS67+ specimen selling for $21,600 at Heritage Auctions in October 2022. This coin's value is driven by three converging factors:

1. NIFC Status: The 1981-S was never issued for circulation. All 3,492,000 coins were struck exclusively for inclusion in 1981 Uncirculated Mint Sets.
2. Packaging Damage: Mint set packaging in 1981 often caused contact marks, scratches, and "mint set rub" on coins. The SBA dollar, being the largest coin in the set, was particularly vulnerable.
3. Registry Competition: Wealthy collectors competing for the #1 PCGS or NGC Registry Set ranking drive extreme prices for the finest known specimens. A single grade point (MS66 vs. MS67, or MS67 vs. MS67+) can mean thousands of dollars in value difference.

Even in average uncirculated condition (MS63-65), the 1981-S commands $15–$30. At MS66, values jump to $355. True gem examples (MS67) start at $3,750 and quickly escalate based on eye appeal.

The 1981-P and 1981-D: NIFC Semi-Keys

The Philadelphia and Denver 1981 business strikes share the NIFC designation with their San Francisco counterpart, though they don't command quite the same stratospheric prices. The Philadelphia Mint struck 3,000,000 coins and Denver struck 3,250,000—low mintages by 1979-1980 standards but still sufficient to keep lower grades affordable.

Values for 1981-P and 1981-D:

• MS63-65: $15–$23
• MS66: $39–$47
• MS67: $1,380–$1,500

Like the 1981-S, these coins were only distributed in mint sets and often show packaging damage. However, they're marginally more available in gem condition than the S-mint, making them more affordable high-end type coins.

The 1980-S Business Strike: The Forgotten Sleeper

1980-S Susan B. Anthony dollar—the sleeper key date of the 1979-1980 production period

While collectors focus on 1981 NIFC coins and 1979 varieties, the 1980-S business strike quietly holds the distinction of having the lowest mintage of any business strike from the 1979-1980 period at just 20,422,000 coins.

To put this in perspective: the 1979-P Narrow Rim produced 360 million coins. The 1980-S produced less than 6% of that figure. Yet in typical circulated or lower uncirculated grades, the 1980-S trades for similar prices to common dates because collectors haven't historically recognized its scarcity.

The value proposition emerges in high grades. An MS67 1980-S commands $520, making it more valuable than any 1979 or 1980 P or D mint in the same grade. For collectors building high-grade sets, the 1980-S represents both a challenge and an opportunity—it's scarce enough to be interesting but not yet prohibitively expensive.

The 1999-D: Modern Sleeper Date

The 1999 resurrection produced two business strikes: Philadelphia (29.6 million) and Denver (11.8 million). While neither is rare in absolute terms, the 1999-D has proven surprisingly difficult to locate in gem condition.

The rushed production of 1999 coins resulted in widespread quality issues: orange peel surfaces from die fatigue, weak strikes, and planchet problems. Many 1999-D coins that appear uncirculated are technically MS62-63 due to surface texture issues. A true MS67 1999-D is valued at $600—six times the value of the same grade 1999-P.

Why Common Dates Stay Common

It's important to understand why most Susan B. Anthony dollars remain inexpensive despite being decades old. The 1979 production run alone exceeded 758 million coins. These coins didn't circulate heavily (they sat in Federal Reserve vaults), so millions survive in uncirculated condition. The mintage-to-surviving population ratio is extraordinarily high for this series.

A 1979-P Narrow Rim in MS65 is worth $16—less than many people paid for lunch today. The coin isn't rare; it's ubiquitous. Value only emerges when condition rarity enters the picture (MS67+) or when dealing with true low-mintage dates (1981 NIFC, 1980-S) or significant varieties (Wide Rim, Type 2 proofs).

Susan B. Anthony Dollar Varieties: Wide Rim and Proof Types

The Susan B. Anthony series contains three major die varieties that create substantial value differences between otherwise identical coins. Two involve proof mint mark punches (1979-S and 1981-S), while the third is a mid-year obverse die modification (1979-P Wide Rim). Correctly attributing these varieties is essential for accurate valuation.

1979-P Wide Rim vs. Narrow Rim

Side-by-side comparison of 1979-P Narrow Rim (left) and Wide Rim (right)—note how the date approaches the rim on the Wide Rim variety

Midway through 1979 production, the Philadelphia Mint modified the obverse master hub to improve the coin's aesthetic balance. The rim was widened, which effectively pushed the date closer to the rim's edge. This created two distinct varieties for 1979-P dollars only—all Denver and San Francisco coins use the Narrow Rim design.

Narrow Rim (Far Date) — Standard Variety:

• Clear visible gap between the date and rim
• The space between the top of the digits and the rim is approximately equal to the width of the digit "1"
• The rim itself appears thinner/smaller
• This is the standard variety found on the majority of 1979-P coins and ALL 1979-D and 1979-S coins

Wide Rim (Near Date) — Scarce Variety:

• Date appears "crowded" against the rim with minimal field space
• The tops of the "1" and "9" come very close to touching the rim
• The rim itself is noticeably thicker/wider
• Found only on late-production 1979-P coins

Market Values:

• Narrow Rim MS65: $16
• Wide Rim MS65: $65 (4x premium)
• Narrow Rim MS67: $150
• Wide Rim MS67: $1,500–$7,000 (10x to 47x premium)

While estimates suggest tens of millions of Wide Rim coins were produced, they circulate alongside the hundreds of millions of Narrow Rims, making high-grade examples genuinely scarce. Variety specialists suggest the Wide Rim accounts for roughly 40% of late-1979 Philadelphia production, but survival rates in gem condition are far lower due to the bag mark plague affecting all SBA dollars.

1979-S Proof Type 1 vs. Type 2 Mint Marks

1979-S proof mint mark comparison: Type 1 Filled/Blob S (left) and Type 2 Clear S (right)

In 1979, the San Francisco Mint used two different mint mark punches for proof production. The original punch wore out mid-year and was replaced, creating two distinct varieties.

Type 1 (Filled S / Blob S) — Common Variety:

• The "S" mint mark appears rectangular and indistinct
• The interior loops of the "S" are often filled in, with the center portions touching
• The serifs (decorative ends of the letter) are not clearly defined and merge into the body of the letter
• Often described as looking more like a "blob" than a crisp letter
• This is the common variety, found on approximately 80-85% of 1979-S proofs

Type 2 (Clear S) — Scarce Variety:

• The "S" is crisp and well-defined with clear separation between the strokes
• There are visible fields (spaces) within the loops of the "S"—you can see "through" the letter
• The serifs at the top and bottom are distinct and bulbous
• Found on approximately 15-20% of 1979-S proofs

For detailed attribution guidance, Quality Collectible Coins provides excellent diagnostic photos showing the subtle but important differences.

Market Values:

• Type 1 PR69 Deep Cameo: $30
• Type 2 PR69 Deep Cameo: $130 (4.3x premium)

The Type 2 is not exceptionally rare, but it's scarce enough to command a significant premium, especially in PR69 Deep Cameo—the practical ceiling for proof SBA dollars.

1981-S Proof Type 1 vs. Type 2: The Holy Grail

1981-S proof Type 1 (left, rounded top loop) vs. Type 2 (right, flat top loop)—the Type 2 is the rarest proof in the series

The 1981-S proof variety is subtler than the 1979 distinction but represents the most valuable proof variety in the entire Susan B. Anthony series. The Type 1 of 1981 actually uses the same punch as the 1979 Type 2 (Clear S), while the Type 2 of 1981 uses a completely new punch introduced late in the year.

Type 1 (Clear S / Rounded Top) — Common Variety:

• The "S" has clear fields and bulbous serifs (similar to 1979 Type 2)
• The critical diagnostic is the top loop of the "S"
• On Type 1, the top loop is rounded like a tube, with convex relief
• Found on the majority of 1981-S proofs

Type 2 (Flat S) — Rare Variety:

• Introduced late in 1981 production
• The serifs are even more pronounced and bulbous than Type 1
• The defining diagnostic is the top loop, which is flat across the top like a plateau or table-top
• The flat top creates a distinctive horizontal line when viewed under magnification
• This is the rarest proof variety in the entire SBA series

Dave's Collectible Coins and PCGS both offer detailed attribution guides with close-up photography showing the rounded vs. flat top loop distinction.

Market Values:

• Type 1 PR69 Deep Cameo: $30
• Type 2 PR69 Deep Cameo: $365–$460 (12x to 15x premium)

A PR70 Deep Cameo Type 2 is the acknowledged "Holy Grail" for proof SBA collectors. Recent auction records show PR70 specimens commanding prices well above typical proof values.

Importance of Correct Attribution

Variety attribution can make the difference between a $30 proof and a $460 proof, or between a $150 business strike and a $7,000 business strike. When selling high-grade Susan B. Anthony dollars, ensure your coins are professionally graded with variety attribution. PCGS and NGC both identify varieties on their holders (e.g., "1979-P Wide Rim" or "1981-S Type 2"), which is essential for maximizing value in the marketplace.

Susan B. Anthony Dollar Error Coins: Wrong Planchets and Experimental Strikes

While die varieties create collector interest in the Susan B. Anthony series, dramatic striking errors represent the absolute pinnacle of value—with individual specimens selling for five-figure sums. The combination of chaotic 1979 production and the experimental 1999 transition to the Sacagawea dollar created several spectacular error types.

1979 Wrong Planchet Errors: The Mint's Chaotic Year

1979 Susan B. Anthony dollar struck on a smaller planchet—note missing outer design elements

The pressure to produce hundreds of millions of Susan B. Anthony dollars in 1979 overwhelmed quality control systems at all three mints. Planchets (blank metal discs) intended for other denominations occasionally entered the dollar presses, creating spectacular wrong planchet errors.

1979 Struck on Quarter Planchet:

• The quarter planchet (24.3mm) is 2.2mm smaller than the SBA dollar (26.5mm)
• The resulting coin shows a "shaved" appearance with outer legends partially cut off
• Parts of LIBERTY and the date may be missing or incomplete
• The reverse eagle design is similarly truncated
• Weight is significantly less than a standard SBA dollar (5.67g vs. 8.1g)
• Value:$3,000–$8,000 depending on eye appeal and which design elements remain visible

1979 Struck on Nickel Planchet:

• The nickel planchet (21.2mm) is 5.3mm smaller than the SBA dollar
• Significantly more design elements are missing—often only the central portrait and partial date remain
• These are extremely rare, as the size difference makes this error harder to occur
• Record Sale:A 1979-P on nickel planchet realized $15,275 at Heritage Auctions

1979 Struck on Dime Planchet:

• Exceptionally rare due to the extreme size difference (17.9mm dime vs. 26.5mm SBA dollar)
• Only central design elements visible; essentially all legends are missing
• Weight: 2.27g (normal SBA is 8.1g)
• Value:$10,000+ based on rarity and collector demand

1999 Experimental Planchet Errors: The Sacagawea Connection

1999-P Susan B. Anthony dollar on experimental manganese-brass planchet—note the golden color

As the United States Mint prepared to launch the Sacagawea "Golden Dollar" in 2000, metallurgists conducted extensive testing on the new manganese-brass alloy composition. This alloy (88.5% copper, 6% zinc, 3.5% manganese, 2% nickel) gave the Sacagawea dollar its distinctive golden color—the visual distinction the Susan B. Anthony dollar so desperately lacked.

During the testing phase in late 1999, a small number of Susan B. Anthony dollar dies were apparently used to strike coins on these experimental planchets. The resulting errors are among the most fascinating and valuable modern U.S. coin errors.

1999-P Susan B. Anthony Dollar on Manganese-Brass Planchet:

• The coin has the distinctive golden or greenish-gold color of the Sacagawea dollar
• The design is clearly Susan B. Anthony, not Sacagawea
• Weight and diameter match the Sacagawea dollar (8.1g, 26.5mm)
• Some examples show the copper core; others appear to be solid manganese-brass
• These represent a literal bridge between two small dollar series
• Record Sale:Heritage Auctions sold a PCGS MS66 example for $10,575 in February 2013

Only a handful of these experimental planchet errors are known to exist, and they are instantly recognizable by their color. If you have a 1999 Susan B. Anthony dollar that is golden in color rather than silver, you may have a significant error worth immediate authentication.

Other Notable Errors

While wrong planchet and experimental planchet errors command the highest prices, other error types exist in the SBA series:

Off-Center Strikes:

• The planchet was misaligned in the press, resulting in partial design and a blank crescent
• Value depends on percentage off-center (50% is ideal) and whether the date is visible
• Values range from $100 for minor off-centers to $1,000+ for dramatic examples with full date

Broadstrikes:

• Struck without the retaining collar, resulting in a wider, thinner coin with no reeded edge
• Diameter can exceed 28-29mm
• Value: $150–$500 depending on eye appeal

Double Strikes:

• The coin received two impressions from the dies, usually with the planchet rotating between strikes
• Creates overlapping images with doubling visible on all design elements
• Value: $500–$2,000 depending on clarity of the double image

Authentication is Critical

Given the substantial values commanded by error coins, authentication by a reputable third-party grading service (PCGS, NGC, or ANACS) is essential before buying or selling. Counterfeit errors do exist, and altered coins (such as plated or painted SBA dollars made to look like experimental planchets) appear in the marketplace with unfortunate regularity.

If you believe you have a significant error, do not clean it or attempt home conservation. Document it with clear photographs (obverse, reverse, and edge) and submit it to a grading service that offers error authentication and attribution services.

Understanding Proof Susan B. Anthony Dollars

Proof coins represent the highest quality of strike that the United States Mint produces, created using specially prepared dies and planchets with multiple striking impressions. Understanding what makes a coin a proof—and what distinguishes different proof quality levels—is essential for collectors of the Susan B. Anthony series.

What Is a Proof Coin?

A proof coin is not a grade or condition designation—it's a manufacturing method. The distinguishing characteristics of proof coins include:

• Mirror-like fields: The flat background areas of the coin are polished to a mirror finish that reflects light like a mirror
• Frosted devices: The raised design elements (Susan B. Anthony's portrait, the eagle, lettering) are given a matte or frosted texture that contrasts with the mirror fields
• Multiple strikes: Proofs are struck multiple times (typically 2-4 impressions) at slower speed with greater pressure, ensuring every minute detail of the die is captured
• Specially prepared planchets: The blank planchets are hand-selected, polished, and inspected before striking
• Careful handling: Struck coins are handled with gloves and immediately placed in protective packaging

Susan B. Anthony proof dollar showing deep cameo contrast—frosted devices against mirror fields

SBA Proof Production History

The San Francisco Mint produced proof Susan B. Anthony dollars for three years during the initial run:

• 1979-S Proof: 3,677,175 produced (includes both Type 1 and Type 2 varieties)
• 1980-S Proof: 3,554,806 produced (no significant varieties)
• 1981-S Proof: 4,063,083 produced (includes both Type 1 and Type 2 varieties)

After the 17-year hiatus, proof production resumed in 1999 with a unique twist:

• 1999-P Proof: 750,000 produced at Philadelphia—the only SBA proof struck at the Philadelphia Mint. These were sold individually in blue velvet presentation cases rather than as part of complete proof sets, making them easy to identify.

Cameo Designations: The Key to Proof Value

Modern proof coins are graded not only by condition (PR63 through PR70) but also by the strength of the contrast between frosted devices and mirror fields. PCGS and NGC use the following cameo designations:

No Designation (Non-Cameo):

• Minimal or no contrast between devices and fields
• Both portrait and fields may be relatively reflective
• These are the least valuable proofs and typically appear only on early die state coins or those with production issues

Cameo (CAM):

• Moderate contrast with some frosting on devices
• The contrast is visible but not dramatic
• Intermediate value between non-cameo and deep cameo

Deep Cameo (DCAM) or Ultra Cameo (UCAM):

• Strong, dramatic contrast with heavily frosted devices against deeply mirrored fields
• The appearance is "black and white" with maximum visual impact
• This is the most desirable finish and commands significant premiums
• Most modern proofs (1979-1999 SBA dollars included) are Deep Cameo due to improved production techniques

For Susan B. Anthony proofs, Deep Cameo is the expected finish in PR68-PR69. A proof without cameo contrast in these grades may indicate environmental damage, improper storage, or early die state production.

The PR70 Reality

PR70 Deep Cameo represents absolute perfection: no contact marks, hairlines, or blemishes of any kind visible under 5x magnification. It is the theoretical ceiling of proof coin quality.

However, for Susan B. Anthony proofs, PR70 DCAM is extremely rare and may not exist for all dates. The practical reality is that PR69 DCAM represents the finest quality most collectors will ever encounter. The vast majority of SBA proofs grade PR67-PR68 DCAM, with PR69 DCAM examples commanding premiums.

Storage and Preservation

Proof coins require careful storage to maintain their pristine surfaces. Common issues that reduce proof values include:

• Hairlines: Fine scratches in the mirror fields, often from improper cleaning or rough handling. Even microfiber cloths can create hairlines—never attempt to clean a proof coin.
• Haze: A milky or cloudy appearance on mirror fields, typically from PVC contamination or moisture exposure
• Spotting: Small discolored spots from environmental contaminants or fingerprint oils
• Toning: Copper-nickel clad proofs can develop unattractive toning if stored in non-inert holders

Original U.S. Mint packaging (black or blue velvet boxes with clear plastic capsules) provides adequate short-term storage, but long-term preservation is best achieved through professional grading in sealed, inert holders.

Proof Susan B. Anthony Dollar Values: Type Analysis

Proof Susan B. Anthony dollars present a fascinating value dynamic: common date proofs in typical grades (PR67-68 DCAM) are remarkably affordable—often $10–$15—while rare varieties and top-tier condition (PR69-70 DCAM) command substantial premiums. Understanding which proofs are worth sending to grading services and which to leave in original mint packaging is essential for cost-effective collecting.

1979-S Proof Values by Type

The 1979-S proof mintage of 3.68 million seems large by modern standards, but remember that these coins are now 45+ years old and many have been damaged, lost, or broken out of proof sets for album inclusions. Still, they remain readily available in lower proof grades.

1979-S Type 1 (Blob S / Filled S):

• PR67 DCAM: $10
• PR68 DCAM: $12
• PR69 DCAM: $30

1979-S Type 2 (Clear S):

• PR67 DCAM: $20
• PR68 DCAM: $30
• PR69 DCAM: $130

The Type 2 commands a 4-5x premium in PR69 DCAM, reflecting its scarcity (15-20% of production) and strong collector demand. PCGS auction records show Type 2 PR69 specimens consistently outperforming Type 1.

1980-S Proof Values

The 1980-S proof has no significant varieties, simplifying valuation:

• PR67 DCAM: $10
• PR68 DCAM: $12
• PR69 DCAM: $20

This is the most affordable date for collectors building a complete proof set. The lack of variety premiums and adequate supply at all grade levels makes the 1980-S a straightforward acquisition.

1981-S Proof Values by Type

The 1981-S proof presents the most significant value spread in the series, with the Type 2 (Flat S) variety being the key proof:

1981-S Type 1 (Rounded S):

• PR67 DCAM: $10
• PR68 DCAM: $12
• PR69 DCAM: $30

1981-S Type 2 (Flat S):

• PR67 DCAM: $35
• PR68 DCAM: $50
• PR69 DCAM: $365–$460

The Type 2 is the acknowledged "Holy Grail" proof of the series. Recent market data shows PR69 DCAM examples consistently trading in the $365–$460 range, with PR70 DCAM specimens (if they exist) commanding even higher prices.

1999-P Proof Values

The 1999-P proof is unique in the series—it's the only SBA proof struck at Philadelphia and was sold individually rather than in sets:

• PR67 DCAM: $20
• PR68 DCAM: $25
• PR69 DCAM: $75

The 1999-P proof's mintage of 750,000 is substantially lower than earlier years, and its unique status makes it an interesting type coin. However, many remain in original blue velvet cases, and the population is still adequate to meet collector demand.

Should You Grade Your Proofs?

Professional grading costs typically range from $20–$50 per coin depending on service level and turnaround time. This creates a cost-benefit analysis:

Worth Grading:

• 1979-S proofs if you believe yours is Type 2 and appears PR69 quality
• 1981-S proofs if you believe yours is Type 2 and appears PR68+ quality
• Any proof that appears absolutely flawless (potential PR69-70)
• Proofs being sold as part of a high-value collection where third-party certification enhances marketability

Not Worth Grading:

• 1979-S Type 1 or 1980-S proofs in apparent PR67-68 DCAM (grading cost exceeds value increase)
• 1981-S Type 1 proofs in PR67-68 DCAM
• Proofs with visible hairlines, spots, or other issues that will limit grade to PR66 or below
• Proofs you're keeping for personal enjoyment in original mint packaging

For variety attribution, some collectors use online photo-grading resources or consult with experienced variety specialists before making the grading decision. If your coin is a confirmed Type 2 variety in apparently high grade, the grading fee is typically worth the investment.

How to Grade Susan B. Anthony Dollars

Understanding coin grading is essential for accurately valuing Susan B. Anthony dollars, particularly given the series' extreme condition rarity curve. A one-point difference (MS66 vs. MS67) can mean the difference between a $50 coin and a $1,500 coin. This section explains the practical realities of grading SBA dollars and when professional third-party grading is worthwhile.

The Sheldon Scale (1-70)

U.S. coins are graded on the Sheldon Scale, which runs from 1 (identifiable only by date/type) to 70 (perfect, as-minted condition). For modern coins like Susan B. Anthony dollars, the relevant portion of the scale is:

Circulated Grades (1-58):

• Good (G-4): Heavily worn with major design elements weak or absent
• Very Good (VG-8): Well worn but major features visible
• Fine (F-12): Moderate wear with all major features clear
• Very Fine (VF-20): Light to moderate wear with most details visible
• Extremely Fine (XF-40): Light wear on high points only
• About Uncirculated (AU-50, AU-58): Traces of wear on highest points; maintains significant mint luster

Uncirculated/Mint State Grades (60-70):

• MS60-62: Uncirculated but with significant bag marks, weak strike, or poor luster
• MS63: Acceptable uncirculated with moderate marks visible to the naked eye
• MS64: Better quality with fewer marks; eye appeal improving
• MS65: Choice uncirculated with minimal marks and good eye appeal ("gem" threshold)
• MS66: Premium quality with very few marks; excellent luster and eye appeal
• MS67: Superb gem with almost imperceptible contact marks under magnification
• MS68+: Virtually perfect; rarely achieved for bag-handled copper-nickel clad coins

Susan B. Anthony dollar in VF-20 grade—moderate wear with major design elements clear

Susan B. Anthony dollar in AU-50 grade—light wear on highest points, significant luster remains

Susan B. Anthony dollar in MS-63 grade—uncirculated but with visible bag marks

Susan B. Anthony dollar in MS-65 grade—choice quality with minimal marks and good eye appeal

Susan B. Anthony dollar in MS-67 grade—superb gem with almost no visible contact marks

The SBA-Specific Grading Challenge: Bag Marks

Susan B. Anthony dollars present unique grading challenges due to their production and handling:

The Bag Mark Plague:

• The copper-nickel clad composition is hard and unforgiving
• When millions of coins were ejected from presses into large canvas bags, they collided with tremendous force
• The reeded edge of one coin would strike the flat fields of another, leaving deep gouges
• Susan B. Anthony's face, particularly her cheek and neck, received the most abuse
• The large, open reverse fields also show bag marks readily

This creates a statistical reality: finding an SBA dollar that avoided bag contact during production is rare. The population census from PCGS and NGC confirms this—for most dates, the MS67 population is less than 1% of the MS65 population.

Key Grading Focal Points

When evaluating an SBA dollar, PCGS and NGC graders focus on these critical areas:

Obverse:

• Susan B. Anthony's cheek: The highest point of relief; even minor marks here are disproportionately impactful
• Neck and shoulder: Large flat areas that show bag marks readily
• Fields around portrait: Open areas that reveal contact marks, hairlines, or planchet issues
• Date and mint mark: Must be sharp and well-struck

Reverse:

• Eagle's breast: High point that often shows bag contact
• Moon surface: Flat area prone to marks
• Fields around eagle: Large open areas where marks are visible
• Legend sharpness: Letters should be crisp and complete

Overall Factors:

• Strike: Sharp vs. weak (1999 coins often have weak strikes)
• Luster: Original mint luster (cartwheel effect) vs. dull or cleaned surfaces
• Eye appeal: The overall "look" of the coin; some MS64s have better eye appeal than some MS65s

When to Seek Professional Grading

Third-party grading by PCGS, NGC, or ANACS costs money ($20–$50+ per coin depending on service level). Use this cost-benefit analysis:

Definitely Grade:

• 1981 business strikes in apparent MS66+ condition (any mint)
• 1979-P coins you believe are Wide Rim in MS66+ condition
• 1980-S business strikes in MS66+ condition
• Any 1979-S or 1981-S proof you believe is Type 2 variety in PR68+ condition
• Any business strike that appears MS67 or better
• Error coins (wrong planchet, experimental planchet, significant off-center)
• Coins being sold as part of a high-value collection where authentication adds credibility

Probably Not Worth Grading:

• Common date (1979-P Narrow Rim, 1979-D, 1980-P, 1980-D) in apparent MS63-65 — the coin's value doesn't justify the grading fee
• Circulated examples (unless part of a larger submission for authentication purposes)
• 1979-S or 1981-S proofs you're confident are Type 1 in PR67-68 DCAM
• Coins with visible problems (cleaning, damage, environmental issues) that will limit grade regardless

Understanding Grading Service Population Reports

Both PCGS CoinFacts and NGC Coin Explorer maintain population reports showing how many examples of each date have been graded at each grade level. These populations provide crucial market context:

• A coin with 10,000 examples at MS65 but only 50 at MS67 demonstrates the steepness of the condition curve
• Variety populations (e.g., 1979-P Wide Rim MS67) show relative scarcity compared to standard varieties
• Proof populations reveal which cameo designations are truly rare

Registry set collectors obsess over these populations, as they're competing to own the finest graded examples. This competition drives the extreme premiums for top-tier grades in the SBA series.

How to Sell Valuable Susan B. Anthony Dollars

If you've identified a potentially valuable Susan B. Anthony dollar—whether a key date like the 1981-S, a rare variety like the 1979-P Wide Rim, or an error coin—knowing where and how to sell it can make a substantial difference in the price you receive. This section outlines the most effective selling channels and strategies based on your coin's value tier.

Value Tier Selling Strategies

Tier 1: Face Value to $25 (Common Dates, Lower Grades):

For coins worth less than $25, the transaction costs of selling often exceed the premium over face value. Your options:

• Spend them: Many post offices, transit vending machines, and some retailers still accept SBA dollars at face value
• Bulk sales to dealers: Local coin shops may buy rolls or bags at a small premium over face value ($1.10–$1.25 per coin)
• Keep them: If you have space, holding onto them costs nothing and preserves future optionality

Tier 2: $25-$200 (Better Dates, Varieties, Mid-Grade Key Dates):

For coins in this range (e.g., 1981 NIFC coins in MS63-65, 1979-P Wide Rim in MS64-65, 1979-S Type 2 Proof in PR68):

• Local coin dealers: Expect to receive 60-80% of retail value for raw (ungraded) coins. Dealers need profit margin for inventory risk and overhead.
• Online marketplaces: eBay, Facebook coin groups, and specialized forums like CoinTalk.com allow direct-to-collector sales at higher percentages (80-95% of retail). However, you face fees (eBay charges ~13% total), shipping costs, and fraud risk. Always use tracked, insured shipping for coins over $50.
• Consignment: Some dealers offer consignment services (they sell your coin and take a 10-20% commission). This shifts marketing effort to the dealer while you retain more value than outright sales.

Tier 3: $200-$1,000 (High-Grade Better Dates, Proof Varieties):

For coins in this range (e.g., 1981-P/D MS67, 1980-S MS67, 1981-S Type 2 Proof PR69):

• Professional grading first: At this value level, third-party grading by PCGS or NGC is essential. Graded coins sell for 20-40% more than raw coins because buyers trust the authentication and condition assessment. The grading fee ($30-$50) is easily justified.
• Major auction houses:Heritage Auctions, Stack's Bowers, and GreatCollections all accept consignments of coins in this range. They charge 10-20% seller commissions but expose your coin to thousands of serious collectors. Auction results for certified coins often exceed dealer buy prices by 30-50%.
• Dealer direct purchases: Specialized SBA dealers (findable through American Numismatic Association dealer directories) may pay 70-85% of retail for coins they need for customer orders or registry sets.

Tier 4: $1,000+ (Key Dates in Gem, Major Errors):

For high-value coins (e.g., 1981-S MS67, 1979-P Wide Rim MS67, wrong planchet errors, experimental planchet errors):

• Major auction houses only: Coins at this level require maximum market exposure. Heritage, Stack's Bowers, and GreatCollections are the industry leaders. They provide:
• Professional photography and lot descriptions
• Placement in prestigious auctions with pre-registered bidders
• Marketing through print catalogs, email blasts, and social media
• Competitive bidding environment that drives prices up
• Timing matters: Major auction houses hold "Signature" or "Premier" auctions 2-4 times per year, timed to coincide with major coin shows. Your coin will achieve maximum visibility and price if sold during these events. Consign 3-6 months in advance for optimal placement.
• Registry set buyers: For coins needed to complete or upgrade high-ranking PCGS or NGC Registry Sets, some collectors pay premiums above auction prices to secure specific pieces immediately. Auction houses maintain relationships with these collectors and can sometimes broker private treaty sales.

Selling Error Coins

Example of proper documentation for authenticating an error coin—clear photos of obverse, reverse, and edge

Error coins require special handling due to their rarity and value:

1. Do not clean or alter the coin in any way. Even removing dirt or toning can reduce value dramatically.
2. Document with clear photographs: Take high-resolution photos of obverse, reverse, and edge. Use a plain background (white paper) and good lighting. Include a ruler or scale reference.
3. Submit to a grading service that specializes in errors: PCGS, NGC, and ANACS all authenticate error coins. They'll assign a grade and, critically, verify the error is genuine (not a post-mint alteration or counterfeit).
4. Research comparable sales: Use PCGS Auction Prices Realized and Heritage Archives to find recent auction results for similar errors. This gives you realistic price expectations.
5. Consign to a major auction: Errors almost always perform best at auction, where collectors compete for unique items. Direct dealer sales typically yield 50-70% of auction prices for errors.

Red Flags and Scams to Avoid

The coin market has its share of unscrupulous actors. Protect yourself:

• "We'll grade it for free": Some dealers offer "free grading" but lowball the grade to buy your coin cheap. Always get your own independent grading from PCGS or NGC.
• Unsolicited offers: If someone contacts you out of the blue offering to buy your coins, be suspicious. Legitimate dealers don't cold-call unless you've initiated contact.
• "This is rare!" claims about common coins: A 1979-P Narrow Rim in circulated condition is not rare, no matter what a buyer says. Research your coin's actual value before agreeing to sell.
• Consignment without contract: Any consignment arrangement should be in writing, specifying commission rates, reserve prices (minimum acceptable bid), insurance coverage, and return timelines if unsold.
• Shipping without insurance: Never ship coins worth more than $50 without full insurance and tracking. USPS Registered Mail is the gold standard for valuable coins.

Tax Considerations

Coin sales may have tax implications. In the United States:

• Coins held longer than one year and sold at a profit are subject to capital gains tax (collectibles rate: 28% maximum)
• Professional dealers are required to report purchases over certain thresholds ($10,000+) to the IRS
• Auction houses typically do not issue 1099 forms unless you're a professional dealer, but you're still responsible for reporting gains

Consult a tax professional familiar with collectibles if you're selling high-value coins. The tax liability is based on your cost basis (what you paid or inherited value) vs. sale price, not the entire sale amount.

Susan B. Anthony Dollar FAQs

Methodology & Sources

This comprehensive Susan B. Anthony dollar value guide is based on extensive analysis of auction records, dealer pricing, third-party grading service population data, and variety attribution research current as of early 2026.

Valuation Sources

• Auction Records:PCGS Auction Prices Realized Database, Heritage Auctions Archives, GreatCollections, Stack's Bowers Galleries
• Price Guides:PCGS Price Guide, NGC Price Guide, The Spruce Crafts Coin Values, PriceCharting
• Population Data:PCGS CoinFacts Population Reports, NGC Coin Explorer
• Variety Attribution:PCGS Type 1 & Type 2 Guide, SmallDollars.com Variety Diagnostics, Quality Collectible Coins, Dave's Collectible Coins
• Mintage Data:CoinMintages.com, SmallDollars.com, U.S. Mint Annual Reports
• Error Coin Documentation:Coin Identifier, Mike Byers Inc., PCGS Error Coin Auction Records

Grading Standards

All grades referenced in this guide follow the PCGS Photograde and NGC standards for the Sheldon 1-70 scale. Values assume coins are certified by PCGS or NGC with no problems (cleaning, damage, environmental issues, artificial toning). Raw (uncertified) coins typically trade for 20-40% less than certified examples of the same apparent grade.

Market Timing and Regional Variation

Coin values fluctuate based on:

• Market conditions: General economic conditions affect discretionary spending on collectibles
• Registry set competition: Wealthy collectors competing for the #1 PCGS or NGC Registry Set ranking drive extreme prices for finest-known specimens
• Population changes: As more coins are graded, populations at each level change, affecting relative scarcity and prices
• Auction timing: Coins sold during major shows (ANA, FUN, Long Beach) often realize higher prices due to increased bidder participation
• Regional preferences: Some varieties and dates are more popular in certain geographic regions

Updates and Revisions

This guide reflects market conditions as of January 2026. Values are updated quarterly based on auction results, dealer activity, and population report changes. Major updates are published when significant market shifts occur (e.g., new registry set records, population spikes from large submissions, discovery of new varieties).

Disclaimer

Values presented represent fair market retail prices—what an informed buyer should expect to pay from a reputable dealer or at auction. Dealer buy prices are typically 60-80% of these values depending on dealer inventory needs and market conditions. Values are estimates only and do not constitute offers to buy or sell. Actual realized prices depend on precise grade, eye appeal, current market conditions, and individual buyer/seller circumstances. Neither the author nor the publisher accepts liability for buying, selling, or trading decisions based on this guide. Professional authentication and grading are recommended for potentially valuable coins.