The Susan B. Anthony Wide Rim Dollar, a rare coin from 1979, recently sold for an impressive $25,000 at auction. This unique version of the Susan B. Anthony dollar has caught the attention of coin collectors and enthusiasts alike due to its scarcity and high value. If you’re wondering whether you might have one of these valuable coins tucked away, this guide will help you identify it and understand its worth. We’ll break down everything you need to know in simple terms, including how to spot the Susan B. Anthony Wide Rim Dollar, its history, and tips to check your collection.
What Is the Susan B. Anthony Wide Rim Dollar?
The Susan B. Anthony Wide Rim Dollar is a special variety of the Susan B. Anthony dollar coin, minted in 1979 by the U.S. Mint. This coin was created to honor Susan B. Anthony, a key figure in the women’s suffrage movement. While most Susan B. Anthony dollars are common and worth only their face value ($1), the Wide Rim Dollar is a rare version that can fetch thousands of dollars.
The “wide rim” refers to a design error where the rim (the raised edge around the coin) is wider than usual, making the date and other details appear closer to the edge. This mistake happened only in 1979 at the Philadelphia Mint, making these coins extremely rare and valuable to collectors.
Why Is It So Valuable?
The Susan B. Anthony Wide Rim Dollar is valuable because:
- Limited Production: Only a small number of these coins were minted with the wide rim error.
- Collector Demand: Coin collectors love rare varieties, especially those with minting errors.
- Historical Significance: The coin honors a major figure in American history, adding to its appeal.
- Condition Matters: Coins in excellent condition (like those graded MS-67 by professional grading services) can sell for $25,000 or more, as seen in recent auctions.
How to Spot a Susan B. Anthony Wide Rim Dollar
Identifying a Susan B. Anthony Wide Rim Dollar is easier than you might think. Here’s what to look for:
Step-by-Step Guide to Identify the Coin
- Check the Year: The Susan B. Anthony Wide Rim Dollar was only minted in 1979. If your coin is from another year (1980 or 1999), it’s not the rare variety.
- Look at the Mint Mark: The wide rim variety was only produced at the Philadelphia Mint, which uses a “P” mint mark. Check near the date for a small “P”. Coins from Denver (“D”) or San Francisco (“S”) are not wide rim varieties.
- Examine the Rim: The key feature is the wider rim on the front (obverse) of the coin. In the wide rim version, the date (1979) is very close to the rim, and the rim itself appears thicker than on regular coins.
- Compare with a Regular Coin: If possible, compare your coin to a standard 1979 Susan B. Anthony dollar. The wide rim version will have less space between the date and the rim.
Visual Differences Table
| Feature | Wide Rim Dollar | Regular Dollar |
|---|---|---|
| Rim Width | Thicker, more pronounced rim | Thinner, standard rim |
| Date Position | Date is very close to the rim | Date has more space from the rim |
| Mint Mark | “P” (Philadelphia) only | “P”, “D”, or “S” |
| Rarity | Extremely rare | Common |
Where to Find a Susan B. Anthony Wide Rim Dollar
You might already own a Susan B. Anthony Wide Rim Dollar without realizing it! Here are some places to check:
Places to Look for the Coin
- Old Coin Collections: Check any coin jars, piggy banks, or inherited collections.
- Change from Transactions: These coins were used in circulation, so you might find one in loose change from older transactions.
- Bank Rolls: Some collectors buy rolls of Susan B. Anthony dollars from banks to search for rare varieties.
- Estate Sales or Flea Markets: Older coins often turn up at sales or markets.
Tips for Searching
- Use a magnifying glass to closely inspect the rim and date.
- Handle coins carefully to avoid scratches, as damage can lower their value.
- If you think you’ve found a Wide Rim Dollar, consider having it graded by a professional service like PCGS or NGC to confirm its authenticity and condition.
How Much Is a Susan B. Anthony Wide Rim Dollar Worth?
The value of a Susan B. Anthony Wide Rim Dollar depends on its condition and grading. Here’s a breakdown:
- Circulated Condition: Coins that have been used and show wear are worth $50–$100.
- Uncirculated Condition: Coins in pristine condition can range from $500 to $2,000.
- High-Grade (MS-67 or Above): Top-quality coins, like the one sold for $25,000, are extremely rare and fetch the highest prices.
To get the most accurate value, have your coin professionally graded. Grading services assign a score based on the coin’s condition, which directly affects its market price.
History of the Susan B. Anthony Dollar
The Susan B. Anthony dollar was introduced in 1979 as the first U.S. coin to feature a real woman. Susan B. Anthony was a pioneer in the fight for women’s right to vote. The coin was meant to replace the dollar bill, but it wasn’t popular because it looked similar to a quarter. This led to limited production, especially for the Wide Rim Dollar, which was a minting error.
Fun Facts About the Coin
- First Woman on a U.S. Coin: Susan B. Anthony was the first non-mythical woman to appear on a circulating U.S. coin.
- Short Production Run: The coin was only minted in 1979, 1980, and 1999.
- Error Makes It Special: The wide rim error happened because of a mix-up in the minting process, making it a collector’s gem.
How to Sell Your Susan B. Anthony Wide Rim Dollar
If you find a Susan B. Anthony Wide Rim Dollar, here’s how to sell it:
- Get It Graded: Send your coin to a reputable grading service like PCGS or NGC. A high grade can significantly increase its value.
- Contact Auction Houses: Major auction houses like Heritage Auctions or Stack’s Bowers specialize in rare coins.
- Work with Coin Dealers: Local or online coin dealers can appraise and buy your coin.
- Online Marketplaces: Platforms like eBay can be an option, but be cautious of fees and scams.
Tips for Selling
- Research recent sales to understand market prices.
- Avoid cleaning your coin, as this can reduce its value.
- Get multiple appraisals to ensure you’re getting a fair deal.
Why Collectors Love the Susan B. Anthony Wide Rim Dollar
The Susan B. Anthony Wide Rim Dollar is a favorite among collectors because it combines rarity, historical significance, and the thrill of finding a minting error. Its high value at auctions, like the recent $25,000 sale, makes it a dream find for anyone with a coin collection.
Start Your Search Today!
You could be sitting on a small fortune! Check your coin collections, loose change, or family heirlooms for the Susan B. Anthony Wide Rim Dollar. With a little effort and a keen eye, you might discover a rare coin worth thousands. Happy hunting!