The worth of a Susan B. Anthony greenback coin is set primarily by its situation, mint mark, and rarity of the particular situation. Most circulated examples, these displaying indicators of wear and tear, usually commerce close to their face worth of 1 greenback. Nonetheless, uncirculated cash, particularly these with specific mint marks or these in distinctive situation, command larger costs.
The importance of the Susan B. Anthony greenback lies in its historic context as the primary circulating U.S. coin to depict a non-fictional lady. Its design and composition contributed to preliminary public confusion, but it surely stays a notable piece of American numismatic historical past. Understanding potential costs permits collectors to evaluate their holdings and make knowledgeable selections about shopping for or promoting.
To precisely verify the financial worth of considered one of these cash, elements equivalent to the particular 12 months it was minted (1979, 1980, 1981, or 1999), the presence and kind of mint mark (P, D, or S), and its licensed grade from a good grading service should be rigorously thought-about. Sources equivalent to coin value guides and public sale information supply extra perception into present market developments.
1. Situation Evaluation
The situation of a Susan B. Anthony greenback coin is a major determinant of its price. A coin’s state of preservation instantly influences its enchantment to collectors and, consequently, its market worth. Understanding the grading scale used to evaluate situation is essential for evaluating a coin’s price.
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Uncirculated (MS60-MS70)
Uncirculated cash exhibit no put on and retain their authentic mint luster. The Sheldon Scale, starting from MS60 to MS70, quantifies the diploma of preservation, with MS70 representing a flawless coin. Uncirculated Susan B. Anthony {dollars}, notably these graded MS65 or larger, command considerably larger costs than circulated examples. For example, an MS67 graded coin might be price significantly greater than an MS63 graded instance.
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About Uncirculated (AU50-AU58)
About Uncirculated cash present minimal traces of wear and tear, usually on the very best factors of the design. These cash retain most of their authentic luster. Whereas much less helpful than uncirculated cash, AU examples are nonetheless extra fascinating than circulated cash and maintain a premium over face worth. Slight rubbing on Anthony’s cheekbone is a standard indicator of AU situation.
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Circulated (G4-VG10, F12-F15, VF20-VF35, EF40-EF45)
Circulated cash exhibit various levels of wear and tear from dealing with and use. The grading scale ranges from Good (G4) to Extraordinarily Effective (EF45), with every grade reflecting the extent of element remaining on the coin. Circulated Susan B. Anthony {dollars} usually commerce close to their face worth except they possess a uncommon date or mint mark. The extent of element seen within the hair and material is usually used to evaluate the grade of circulated examples.
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Proof (PR60-PR70)
Proof cash are specifically struck with extremely polished dies, leading to a mirror-like floor and sharp particulars. These cash had been primarily supposed for collectors and are judged by the identical requirements as uncirculated cash, however contemplate the mirrored fields. Proof Susan B. Anthony {dollars}, notably these with deep cameo distinction, might be helpful relying on their grade and rarity.
In abstract, the evaluation of a Susan B. Anthony greenback’s situation is pivotal in figuring out its price. A well-preserved uncirculated or proof coin can fetch a considerable premium, whereas circulated examples usually have restricted worth past their face worth, except different elements equivalent to rarity come into play. Subsequently, potential consumers and sellers should rigorously consider the situation of the coin when figuring out the ultimate worth.
2. Mint Mark Presence
The presence and kind of mint mark on a Susan B. Anthony greenback is a major issue influencing its numismatic worth. These marks, indicating the U.S. Mint facility the place the coin was produced, denote relative shortage and collector demand, thereby impacting its price.
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“P” Mint Mark (Philadelphia)
Cash bearing the “P” mint mark had been struck on the Philadelphia Mint. Typically, these are the most typical Susan B. Anthony {dollars}. Whereas not inherently helpful attributable to their abundance, uncirculated examples in excessive grades can nonetheless command a premium. An instance is a 1979-P in MS67 situation, which can fetch a value above typical face worth attributable to its pristine state.
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“D” Mint Mark (Denver)
The “D” mint mark signifies that the coin originated from the Denver Mint. Much like the Philadelphia-minted cash, Denver points are comparatively widespread. Nonetheless, particular years and situations can elevate their worth. For example, a 1980-D in uncirculated situation is usually extra wanted than a circulated one, rising its potential sale value.
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“S” Mint Mark (San Francisco)
The “S” mint mark signifies manufacturing on the San Francisco Mint, primarily for proof cash supposed for collectors. These proof examples are sometimes extra helpful than their enterprise strike counterparts from Philadelphia or Denver. A 1979-S proof coin, particularly in PR69 or PR70 situation, might be considerably extra helpful attributable to its restricted mintage and superior high quality.
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Absence of Mint Mark (Philadelphia earlier than 1980)
It is necessary to notice that cash minted in Philadelphia previous to 1980, together with Susan B. Anthony {dollars}, shouldn’t have a mint mark. This absence is itself a attribute to contemplate. Whereas not including inherent worth typically, collectors want to know this function for correct identification. The absence of a mark, mixed with different elements like situation, helps differentiate and categorize the coin, affecting its total evaluation.
In abstract, the mint mark, or lack thereof, offers essential details about a Susan B. Anthony greenback’s origin and potential rarity. Collectors ought to rigorously study every coin for the presence and kind of mint mark, as this issue, mixed with situation and different variables, will finally decide its worth within the numismatic market. Variations in mintage figures from every mint contribute considerably to the fluctuations in market costs.
3. Rarity by Yr
The 12 months through which a Susan B. Anthony greenback was minted instantly impacts its potential worth. Variations in mintage figures from 12 months to 12 months create relative shortage, thereby influencing collector demand and market costs. Sure years noticed considerably decrease manufacturing numbers, making these points extra fascinating.
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1979 Manufacturing Quantity
The 12 months 1979 represents the very best mintage 12 months for the Susan B. Anthony greenback. Massive portions had been produced throughout all three mints (Philadelphia, Denver, and San Francisco). Consequently, circulated 1979 {dollars} are usually widespread and have minimal premium past their face worth. Nonetheless, particular varieties, such because the Close to Date and Far Date errors from the Philadelphia Mint, are notable exceptions. These variations, although particular to 1979, command larger costs attributable to their shortage relative to the usual 1979 points.
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1980 Manufacturing Quantity
The 1980 mintage was considerably decrease than that of 1979. This discount in manufacturing interprets to a barely larger worth for uncirculated 1980 {dollars} in comparison with their 1979 counterparts. Whereas not thought-about uncommon, the decreased availability makes them extra interesting to collectors looking for to finish a set. The Denver-minted (1980-D) {dollars} are sometimes extra wanted than these from Philadelphia, additional rising their potential price.
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1981 Manufacturing Quantity
The 1981 Susan B. Anthony {dollars} weren’t launched into common circulation. They had been completely produced for mint units and proof units, leading to considerably decrease portions in comparison with 1979 and 1980. This restricted launch makes the 1981 {dollars}, notably these from the Philadelphia and Denver mints, significantly extra helpful. Uncirculated examples from mint units are extremely prized, and the absence of circulation put on additional enhances their collectibility.
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1999 Manufacturing Quantity
In 1999, the Susan B. Anthony greenback was reintroduced to circulation attributable to a scarcity of greenback cash previous to the discharge of the Sacagawea greenback. This single-year revival resulted in a average mintage determine. Whereas not as uncommon because the 1981 points, the 1999 {dollars} have a better intrinsic worth than the widespread 1979 and 1980 points. The 1999 coin fills a particular hole in collections and is a key part for anybody compiling a whole set of Susan B. Anthony {dollars}.
In conclusion, the rarity of a Susan B. Anthony greenback, dictated by its 12 months of minting, instantly influences its desirability and potential market worth. Collectors prioritize years with decrease mintage figures, equivalent to 1981, whereas widespread dates like 1979 usually commerce nearer to face worth except they possess distinctive errors or are in distinctive situation. The interaction between mintage numbers and collector demand establishes the worth factors noticed within the numismatic market.
4. Errors & Varieties
The presence of errors and varieties on Susan B. Anthony {dollars} can considerably affect their worth. These anomalies, ensuing from malfunctions throughout the minting course of or intentional design modifications, create distinct and infrequently uncommon cash extremely wanted by collectors. Understanding these variations is essential for precisely assessing a coin’s price.
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1979-P Close to Date and Far Date Varieties
The 1979-P Susan B. Anthony greenback displays two distinct varieties, often called the Close to Date and Far Date. These variations pertain to the proximity of the date numerals to the rim of the coin. The “Close to Date” shows the date numerals nearer to the rim, whereas the “Far Date” exhibits a better distance. The “Far Date” selection is usually scarcer and thus instructions a better premium amongst collectors. Figuring out this selection includes cautious examination of the coin’s obverse.
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Doubled Die Obverse (DDO)
A doubled die obverse (DDO) happens when the die used to strike the coin receives a number of, barely offset impressions throughout its creation. This ends in a doubling of design components, equivalent to lettering or the portrait of Susan B. Anthony. Whereas not as prevalent as different errors, a DDO on a Susan B. Anthony greenback can considerably enhance its worth, notably if the doubling is pronounced and simply seen. Authentication by a good grading service is really helpful to substantiate the presence of a DDO.
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Broadstrike Errors
A broadstrike error happens when a coin is struck with out the retaining collar in place. This causes the steel to unfold past its supposed diameter, leading to a flattened and infrequently misshapen coin. Broadstrike errors on Susan B. Anthony {dollars} are comparatively unusual and are visually distinctive, making them enticing to error collectors. The worth of a broadstrike error is set by the severity of the error and the coin’s total situation.
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Off-Middle Strikes
An off-center strike occurs when the planchet isn’t correctly aligned throughout the hanging chamber, resulting in a portion of the design being lacking. The diploma of off-center hanging influences the coin’s worth; extra dramatic off-center strikes, the place a good portion of the design is absent, command larger costs. Collectors worth these errors for his or her visible affect and rarity. Nonetheless, severely off-center strikes could also be broken, which may have an effect on their grade and worth.
The presence of errors and varieties introduces a layer of complexity to figuring out the worth of a Susan B. Anthony greenback. These anomalies, starting from delicate date variations to dramatic hanging errors, can considerably enhance a coin’s desirability and market value. Correct identification and grading are important for assessing the true price of a Susan B. Anthony greenback with notable errors or varieties.
5. Market Demand
The worth of a Susan B. Anthony greenback is inextricably linked to market demand, representing a basic financial precept at play throughout the numismatic group. Demand acts as a major driver, influencing the costs collectors are keen to pay for particular points, grades, or types of the coin. A heightened curiosity in amassing Susan B. Anthony {dollars}, as an example, pushed by elevated historic appreciation or promotional campaigns, usually correlates with elevated market costs. Conversely, decreased collector enthusiasm can result in a stabilization and even decline in values. The relative shortage of sure mint marks or error cash amplifies the results of demand; restricted provide coupled with robust collector curiosity ends in larger costs.
A number of elements contribute to the fluctuation of market demand. The general well being of the financial system performs a job, as disposable earnings influences collectors’ capability to buy cash. Numismatic developments and the introduction of recent collectors to the passion additionally affect demand for particular collection, together with the Susan B. Anthony greenback. For instance, a renewed concentrate on girls’s historical past inside academic curricula might spur curiosity in amassing these cash, thereby rising demand and costs. The actions of coin grading companies, which certify and encapsulate cash, affect perceptions of rarity and situation, additional shaping demand. A coin graded as Mint State 67 (MS67) by a good service typically attracts extra consumers and instructions a better value than an ungraded coin of comparable look because of the assurance of its situation.
In abstract, market demand features as a important determinant of a Susan B. Anthony greenback’s price. Financial elements, numismatic developments, grading companies, and promotional actions all contribute to shaping collector curiosity and, consequently, the coin’s market worth. Understanding the dynamics of demand permits each collectors and sellers to make knowledgeable selections, maximizing potential returns or buying cash at affordable costs. Whereas the inherent traits of the coin, equivalent to its situation and mint mark, present a baseline worth, it’s the prevailing market demand that finally dictates its true price.
6. Grading Certification
Grading certification performs a pivotal function in establishing the worth of a Susan B. Anthony greenback. Third-party grading companies, such because the Skilled Coin Grading Service (PCGS) and the Numismatic Warranty Company (NGC), assess a coin’s situation, authenticate its origin, and encapsulate it in a tamper-evident holder. This course of considerably impacts the perceived worth, as a licensed grade offers a standardized and goal evaluation of the coin’s state of preservation. For instance, an uncirculated Susan B. Anthony greenback graded MS65 by PCGS will invariably command a better value than an ungraded instance because of the assurance of its situation and authenticity. Certification reduces the subjectivity inherent in self-grading and instills confidence in potential consumers, instantly influencing their willingness to pay a premium.
The impact of grading certification extends past mere situation evaluation. It additionally serves to establish and authenticate varieties and errors, such because the 1979-P Close to Date and Far Date distinctions. Grading companies attribute these varieties, confirming their existence and assigning them particular designations on the coin’s holder. This verification course of provides worth, as collectors typically search licensed examples of uncommon varieties to make sure their authenticity. Moreover, certification protects the coin from environmental harm and mishandling, preserving its situation and long-term worth. The encapsulation safeguards the coin from fingerprints, scratches, and atmospheric contaminants, sustaining its graded state and stopping degradation over time.
In abstract, grading certification is an indispensable part in figuring out the financial price of a Susan B. Anthony greenback. It offers a standardized evaluation of situation, authenticates varieties and errors, and protects the coin from harm. The objectivity and safety supplied by grading companies instill confidence in consumers and sellers, fostering a extra clear and environment friendly market. Whereas the price of grading provides to the general expense of amassing, the elevated worth and liquidity afforded by certification typically outweigh the preliminary funding, making it an important consideration for severe numismatists.
Incessantly Requested Questions
This part addresses widespread inquiries relating to the elements influencing the worth of Susan B. Anthony {dollars}, offering clarification on varied points of their price.
Query 1: What’s the typical worth vary for a circulated Susan B. Anthony greenback?
Circulated Susan B. Anthony {dollars} usually commerce close to their face worth of 1 greenback. Important put on and tear diminishes the coin’s enchantment to collectors, leading to a restricted premium over its financial denomination.
Query 2: How does the mint mark have an effect on the worth of a Susan B. Anthony greenback?
The presence and kind of mint mark considerably affect the worth. {Dollars} minted in San Francisco (“S” mint mark) as proof cash are usually extra helpful than these from Philadelphia (“P”) or Denver (“D”), notably in larger grades. The absence of a mint mark previous to 1980 signifies manufacturing in Philadelphia.
Query 3: Are Susan B. Anthony {dollars} thought-about silver?
Regardless of typically being known as “silver {dollars},” Susan B. Anthony {dollars} aren’t product of silver. They’re composed of a clad steel consisting of copper and nickel, contributing to their metallic look.
Query 4: What makes a 1979-P Susan B. Anthony greenback with a “Far Date” selection extra helpful?
The “Far Date” number of the 1979-P greenback is taken into account scarcer than the “Close to Date” selection. The distinguishing function is the better distance between the date numerals and the rim of the coin. This shortage drives its larger worth amongst collectors.
Query 5: Does skilled grading certification considerably enhance the worth of a Susan B. Anthony greenback?
Sure, skilled grading certification by respected companies like PCGS or NGC can considerably enhance the worth, notably for uncirculated or proof examples. Certification offers an goal evaluation of situation and authenticity, instilling confidence in potential consumers.
Query 6: Are there any Susan B. Anthony greenback errors which can be notably helpful?
Doubled die obverse errors, broadstrike errors, and off-center strikes can enhance a Susan B. Anthony greenback’s price, relying on the severity and visibility of the error. Authentication by a grading service is really helpful to substantiate and attribute the error.
Understanding these elements is essential for precisely assessing the worth of Susan B. Anthony {dollars} and making knowledgeable selections about their acquisition or sale.
The next part delves into assets for additional exploration and valuation.
Ideas for Figuring out What Is a Susan B. Anthony Silver Greenback Price
Evaluating the potential worth of a Susan B. Anthony greenback necessitates cautious consideration of a number of elements. Adherence to those pointers will increase the probability of an correct evaluation.
Tip 1: Assess the Coin’s Situation Meticulously: Make use of the Sheldon grading scale to guage the coin’s state of preservation, distinguishing between circulated, about uncirculated, and uncirculated examples. Excessive-grade uncirculated cash command a major premium.
Tip 2: Establish the Mint Mark Exactly: Find the mint mark (“P,” “D,” or “S”) on the coin’s obverse. San Francisco (“S”) proof cash are usually extra helpful than Philadelphia (“P”) or Denver (“D”) points. Notice that Philadelphia cash earlier than 1980 lack a mint mark.
Tip 3: Analysis the Coin’s Yr of Mintage: Perceive that mintage figures fluctuate by 12 months, with 1981 {dollars}, produced solely for mint units, being scarcer and usually extra helpful. Circulated 1979 and 1980 {dollars} are widespread and usually commerce close to face worth.
Tip 4: Study the Coin for Errors and Varieties: Examine the coin for recognized errors such because the 1979-P Close to Date and Far Date varieties or doubled die obverses. Authenticate any suspected errors by way of respected grading companies.
Tip 5: Seek the advice of Respected Value Guides and Public sale Information: Make the most of assets just like the “Purple Guide” (A Information Guide of United States Cash) and public sale archives from Heritage Auctions to analysis latest gross sales information for comparable cash.
Tip 6: Contemplate Skilled Grading Certification: Submitting cash to PCGS or NGC can authenticate, grade, and encapsulate the coin, considerably rising its perceived worth and marketability.
Tip 7: Monitor Market Tendencies: Keep knowledgeable about numismatic developments and collector demand, as these elements affect the market worth of Susan B. Anthony {dollars}. On-line boards and coin amassing publications present related updates.
By making use of the following pointers, a extra correct valuation of a Susan B. Anthony greenback is achievable, minimizing potential errors in assessing its price.
The next part addresses the final word conclusion, incorporating key takeaways and emphasizing the enduring significance of those cash.
Figuring out Worth
The evaluation of what a Susan B. Anthony silver greenback is price requires a multifaceted method. Situation, mint mark, 12 months of mintage, presence of errors, and market demand collectively dictate its worth. Whereas many circulated examples commerce close to face worth, uncirculated cash, uncommon varieties, and authorized specimens command larger costs. Understanding these elements is essential for knowledgeable shopping for, promoting, and assortment administration.
The Susan B. Anthony greenback, regardless of its comparatively brief interval of circulation, stays a major piece of American numismatic historical past. Diligent analysis and cautious analysis stay important for figuring out its financial price and appreciating its historic significance. Continued collector curiosity and the continued discovery of recent varieties be sure that the worth and examine of those cash will persist.
