In the realm of numismatics, the 1979 Susan B. Anthony dollar holds a special place.
While not the oldest or most visually striking, its historical significance and the nuances of its minting variations make it a coveted item among collectors.
Here we explore the factors that contribute to its value, key varieties, and recent sales that underline its rarity and demand.
Historical Significance of the 1979 Susan B. Anthony Dollar
The 1979 Susan B. Anthony (SBA) dollar was introduced as a more practical alternative to the larger Eisenhower dollar.
It was the first U.S. coin to feature a real woman—suffragist Susan B. Anthony, marking a significant step in recognizing the contributions of women in American history.
Despite its progressive intent, the coin was initially unpopular due to its similarity in size to the quarter and its distinctive design, which did not resonate with the public at the time.
Rarity and Value
The value of the 1979 dollar coin largely depends on its condition, mint mark, and variety. There are three main mint marks to look for:
- P (Philadelphia): The most common but includes a coveted variety known as the “Wide Rim” or “Near Date.”
- D (Denver): Similar in rarity to the Philadelphia coins but without any notable variations.
- S (San Francisco): Includes both the common Type I and the scarcer Type II proof coins.
The Wide Rim variant from Philadelphia is particularly valuable because it features a date that is closer to the coin’s rim, making it distinguishable from the more common Narrow Rim.
The Type II proof from San Francisco is recognized by its clear and flat mint mark, contrasting with the blob-like appearance of the Type I.
Noteworthy Sales and Market Performance
The market for the 1979 SBA dollar has seen various noteworthy sales, especially for high-grade specimens and rare varieties. For example:
- A 1979-P Wide Rim in MS67 condition fetched over $5,000 at auction.
- Type II proof coins from San Francisco can command hundreds of dollars, even more, when graded PR70 by major grading services.
How to Identify Valuable 1979 Dollar Coins
To identify potentially valuable 1979 dollar coins, collectors should:
- Check the Mint Mark: Located near the coin’s rim, this letter indicates where the coin was minted.
- Look for the Wide Rim: This is visible on the Philadelphia coins where the date appears closer to the rim.
- Examine the Proof Type: San Francisco proofs should be inspected for the type of “S” mint mark, distinguishing the rarer Type II from Type I.
Conclusion
The 1979 Susan B. Anthony dollar encapsulates a fascinating chapter of American numismatic history. From its symbolic representation of women’s rights to the subtleties that define its most valuable varieties, this coin offers both historical richness and potential financial value.
For collectors, the pursuit of the elusive Wide Rim and Type II proof coins provides an engaging challenge, with the rewards often manifesting in significant auction outcomes. As we continue to appreciate and reassess the legacy of the SBA dollar, its place in collections seems only to grow more distinguished.
FAQs
1. What makes the 1979 Susan B. Anthony dollar unique?
It was the first U.S. coin to feature a real woman and aimed to replace the larger Eisenhower dollar.
2. How can I tell a Wide Rim from a Narrow Rim 1979 dollar?
The Wide Rim version will have the date closer to the coin’s edge compared to the Narrow Rim.
3. What is the value of a 1979 Type II proof coin?
Depending on its condition, a Type II proof can range from several hundred to over a thousand dollars.
4. Are all 1979 dollar coins valuable?
While most are worth little more than their face value, certain varieties and high-grade coins can be quite valuable.
5. Where can I find these valuable 1979 dollar coins?
They can be found through coin dealers, auctions, and sometimes even in circulation for the less rare varieties.
