Investment and Financial Markets

What Is a 1979 Susan B. Anthony Worth?

Uncover the true value of your 1979 Susan B. Anthony dollar. Learn how specific details and condition determine its worth.

The Susan B. Anthony dollar coin, first issued in 1979, was the initial circulating coin to feature a real woman. Minted from 1979 to 1981 and again in 1999, these coins are commonly encountered. While most Susan B. Anthony dollars are generally worth their face value, specific characteristics can significantly increase their value among collectors. Understanding these distinctions is key to determining if a particular coin holds greater worth.

Key Value Determinants

The value of a 1979 Susan B. Anthony dollar is influenced by its mint mark, which indicates the facility where it was produced. These coins bear a “P” for Philadelphia, a “D” for Denver, or an “S” for San Francisco, located on the obverse just above Susan B. Anthony’s shoulder. While coins from all three mints were widely distributed, certain varieties are more sought after.

One notable variety for the 1979-P coin is the “Wide Rim” or “Near Date” version. This variety is identified by the date being visibly closer to the coin’s rim, and the rim itself appearing thicker than the more common “Narrow Rim” variety. This characteristic applies only to coins minted in Philadelphia in 1979.

Beyond mint marks and specific varieties, minting errors can increase a coin’s value. These errors can include off-center strikes, where the design is not properly centered on the coin, or double dies, which result in a duplicated appearance of certain design elements. Clipped planchets, where a portion of the coin’s edge is missing, are another type of error. While significant errors are rare, their distinctiveness can command higher prices.

Assessing Coin Condition

The physical condition of a Susan B. Anthony dollar significantly impacts its market value. Coin collecting uses a grading system to categorize a coin’s state of preservation, ranging from “Good” for heavily circulated coins to “Uncirculated” (often designated as Mint State or MS) for those with no signs of wear. Coins in higher grades generally fetch higher prices. For instance, a 1979 Susan B. Anthony dollar in circulated condition might be worth just over its face value, but in pristine, uncirculated condition, its value can increase substantially.

Collectors examine several indicators. Wear refers to the loss of fine details on the coin’s raised surfaces, such as the hair on Susan B. Anthony’s portrait or the feathers on the eagle. Original luster, the coin’s initial shininess or “cartwheel effect,” is also a factor, with more luster typically indicating a higher grade. Scratches, nicks, or damage from cleaning can diminish a coin’s appeal and value.

Natural toning, a discoloration that occurs as the coin ages and interacts with its environment, can sometimes be desirable if it is even and attractive. While a basic self-assessment can help determine a coin’s general condition, professional grading by a reputable third-party service, such as PCGS or NGC, is often recommended for potentially valuable coins. These services provide an objective evaluation of the coin’s condition, which is crucial for accurate valuation.

Selling Your Susan B. Anthony Dollar

Once you identify a potentially valuable 1979 Susan B. Anthony dollar, research its market value. Reputable online price guides, such as those provided by Professional Coin Grading Service (PCGS) or Numismatic Guaranty Company (NGC), offer current valuation ranges for various grades and varieties. Reviewing completed auction results for similar coins can also provide insights into recent sales prices.

For coins suspected of being rare varieties or those in high grades, seeking a professional appraisal from an experienced numismatist or coin dealer is beneficial. While some verbal appraisals may be offered at no cost, a detailed written appraisal for purposes such as insurance or estate valuation might incur a fee, potentially ranging from $50 to $250 per hour or per coin, depending on the service. An appraisal provides an expert opinion on the coin’s authenticity and market value.

Several avenues are available to sell your coin. Local coin dealers offer a convenient option, providing immediate offers. Coin shows bring together buyers and sellers, offering opportunities for direct transactions and competitive offers. Online platforms, including auction sites or specialized online coin dealers, expand the potential buyer base significantly. Presenting the coin securely, using clear photography for online listings, and providing transparent descriptions are recommended practices to facilitate a successful sale.

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