A casual stroll through a parking lot turned into a life-changing event for one lucky individual who picked up a seemingly ordinary coin — only to discover it was a rare Susan B. Anthony dollar valued at $580,000.
This astonishing find has reignited interest in one of America’s most misunderstood coins. Though the Susan B. Anthony dollar (or SBA dollar) was initially unpopular when released, certain minting errors and rare editions have become high-value collectables sought by investors and numismatists alike.
What Is the Susan B. Anthony Dollar?
Introduced in 1979, the Susan B. Anthony dollar was created to honor the pioneering women’s rights activist who led the charge for women’s suffrage. It marked the first time a real woman appeared on U.S. coinage — a monumental step in American history.
However, the coin’s similarity in size and colour to the quarter led to confusion in circulation, causing the U.S. Mint to discontinue production after 1981, with one last minting run in 1999. Despite its short lifespan, certain versions of the coin — especially those with minting errors or rare varieties — are now worth thousands.
Why This Coin Is Worth $580,000?
While most Susan B. Anthony dollars remain worth their face value, a handful command six-figure premiums due to their scarcity and unique attributes. Experts believe the $580,000 find was a rare 1979-P “Wide Rim” or “Near Date” variant in mint state with a confirmed striking anomaly.
Factors That Make It Valuable
| Factor | Explanation |
|---|---|
| Minting Error | Coins with off-center strikes, double dies, or “clear S” mint marks can skyrocket in value. |
| Low Mintage | Certain mint years (1979, 1981) had limited production runs. |
| Condition | Uncirculated or proof coins with sharp edges and no scratches are highly prized. |
| Historical Importance | As the first U.S. coin to feature a real woman, its symbolism adds cultural value. |
“Collectors are paying historic premiums for near-perfect examples of this coin,” explains Jeff Garrett, former president of the American Numismatic Association. “Condition, rarity, and story — this one has all three.”
The Parking Lot Discovery: How It Happened?
The anonymous finder reportedly noticed a bright coin near their car tire. Assuming it was a quarter, they pocketed it — only to later discover under magnification that it bore the portrait of Susan B. Anthony.
After consulting a local coin dealer and certified appraiser, the coin was confirmed to be a rare minting variant. Its value was estimated between $500,000 and $580,000, depending on the final grading.
How Experts Identified the Coin?
Professional graders use tools such as digital microscopes, calipers, and authentication databases to verify coins. In this case, analysts focused on:
- Mint Mark: A small “P,” “D,” or “S” showing where the coin was minted.
- Error Type: A wide rim and near date variety unique to early 1979 coins.
- Condition: Virtually uncirculated, with original luster intact.
- Certification: Verified by either PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
“Collectors crave coins with both historical and visual impact,” says Laura Sperber, co-founder of Legend Rare Coin Auctions. “A flawless Susan B. Anthony error coin ticks every box.”
Rare Susan B. Anthony Dollar Varieties and Their Values
| Year | Mint Mark | Special Feature | Estimated Value Range |
|---|---|---|---|
| 1979-P | Philadelphia | Wide Rim / Near Date | $500 – $580,000 |
| 1979-S | San Francisco | Clear S Proof | $100 – $10,000 |
| 1980-S | San Francisco | Proof Strike | $50 – $5,000 |
| 1981-P/D/S | Multiple | Uncirculated / Proof Only | $50 – $15,000 |
| 1999-P/D | Philadelphia / Denver | Limited Reissue | $10 – $1,000 |
Values vary depending on condition, certification, and market demand.
How to Tell if Your Susan B. Anthony Dollar Is Valuable?
Step 1: Check the Date and Mint Mark
Look for 1979, 1981, or 1999. The mint mark appears just above the left shoulder of Susan B. Anthony’s portrait.
Step 2: Examine the Rim
A “Wide Rim” or “Near Date” variety means the date appears closer to the coin’s edge — a key indicator of a high-value 1979 piece.
Step 3: Look for Errors
- Off-center strikes
- Double dies
- Clear or missing mint marks
- Die cracks or misalignments
Step 4: Assess the Condition
- Mint State (MS-65 or higher): Exceptional shine and sharpness.
- Proof Coins: Mirror-like surface, often in collectors’ cases.
- Circulated Coins: Show wear but may still have value if rare.
Where to Find Susan B. Anthony Dollars?
These coins occasionally appear in:
- Old change jars or inherited collections
- Bank rolls and coin machines
- Flea markets and garage sales
- Coin shows or estate auctions
- And, as this story proves — parking lots!
“Keep an eye on every dollar coin you handle,” advises David Ryder, former U.S. Mint Director. “Even common coins can conceal rare treasures.”
Starting Your Own Coin Collection
If the parking lot story has inspired you, getting started in coin collecting is easier than you think:
- Learn the Basics: Familiarize yourself with coin anatomy, grading, and mint marks.
- Buy a Magnifier: A 10x jeweler’s loupe helps spot key details.
- Join a Club: Local and online coin clubs offer networking and expertise.
- Store Safely: Use non-PVC coin holders or albums to prevent damage.
- Get Appraisals: For any coin that looks unusual, always verify its authenticity before selling.
Why the Susan B. Anthony Dollar Still Matters?
The coin symbolizes more than monetary value — it’s a landmark of equality and representation in U.S. history. Its revival in 1999 predated the Sacagawea dollar, showing that America was ready to honor women on its currency again.
With collectors re-evaluating modern coins, the Susan B. Anthony dollar stands as both a historic artifact and a profitable collectible.
Table: Quick Reference for Collectors
| Feature | Indicator of Value | Approximate Worth |
|---|---|---|
| 1979-P “Wide Rim” | Close date / thick rim | Up to $580,000 |
| 1979-S “Clear S” | Sharp “S” mint mark | $100 – $10,000 |
| 1981 Proofs | Mint-only release | $50 – $15,000 |
| Error Coins | Off-center / double die | Varies widely |
| Uncirculated Condition | No wear or marks | Multiples of face valu |
The Takeaway: Treasure Could Be in Your Change Jar
The $580,000 parking lot discovery shows that life-changing finds can happen anywhere. Whether in an old drawer or a parking lot, rare coins can appear in the most ordinary places.
If you find a Susan B. Anthony dollar, take a closer look — you might be holding a piece of American history worth more than a new car.
FAQs
No. Most are worth $1, but rare varieties — especially 1979-P “Wide Rim” or “Clear S” errors — can be worth thousands.
Check for off-center strikes, missing letters, or unusual spacing near the rim. A coin appraiser can confirm.
Never. Cleaning can reduce its value dramatically. Leave the natural patina intact.
Contact certified dealers or services like PCGS or NGC for authentication and grading.
Yes — though rare, some banks and coin machines still distribute Susan B. Anthony dollars.
Auction houses and reputable online marketplaces specializing in numismatics yield the best returns.
