The 1979 Susan B. Anthony Silver Dollar: Value and Authenticity

The 1979 Susan B. Anthony silver dollar is a coin that has intrigued many collectors and investors due to its unique history and distinctive characteristics. However, understanding its true worth is not a straightforward task. This article provides an in-depth analysis of the value, authenticity, and the factors that affect the price of this coin.

1. Introduction to the 1979 Susan B. Anthony Silver Dollar

The Susan B. Anthony dollar, issued in 1979, was initially intended to replace the much-debated Patricia Kerin revenant dollar coin. Despite the challenges faced in circulation, the coin has gained significant value among collectors and investors. This article focuses on the factors that determine its worth and the truth behind its scarcity and composition.

2. Circulation and Value in 1979

For coins that circulated in 1979, their value is primarily tied to their face value of one dollar. The general rule of thumb is that they are worth one dollar unless they are in very excellent mint condition or are proof coins. Circulated coins are typically valued around $1 to $2, depending on their condition.

There is a slightly more rare variant of the 1979 Susan B. Anthony dollar where the date is closer to the rim than usual. This specific coin has a higher value due to its rarity and historical significance, often fetching between $5 and $15 or more.

3. Uncirculated and Proof Coins

Uncirculated coins, which are in mint condition, generally range in value from $2 to $10 or more, based on their specific grade. Proof coins, which are minted for collectors, can be worth significantly more, ranging from $5 to $15 or higher, depending on demand and condition.

For collectors, the worth of these coins can be much higher. A circulated 1979 Susan B. Anthony dollar is typically worth one dollar, but a proof or uncirculated one can command a much higher price. The 1979 San Francisco mint “Type 2” proof is considered the holy grail of these coins and can fetch around $70.

4. Authenticity and Composition

One of the significant misconceptions about the 1979 Susan B. Anthony dollar is that it contains any silver. In reality, the coin is made of copper with a cupro-nickel plating, and no silver is present. This composition is the same for many U.S. coins minted since 1965, including dimes and quarters, and halves since 1971.

The presence of "E Pluribus Unum" on the coin does not help in identifying it or affect its value, as this motto is present on all U.S. coins. Identifying a car by saying it has headlamps and four wheels is a humorous analogy to this point, emphasizing the commonality of this coin in circulation.

5. Valuation Tips

For the most accurate valuation of a 1979 Susan B. Anthony dollar, it is advisable to consult a professional coin dealer or reference a current coin price guide. Accurate information can be crucial in determining the worth of your coin, especially when the condition and variety are taken into account.

6. Conclusion

The 1979 Susan B. Anthony dollar, while not entirely rare, holds significant value for collectors and investors. Its worth is largely determined by its condition, whether it is circulated or uncirculated, and whether it is a proof coin. Understanding these factors can help you make informed decisions about your coin's value and appreciate the historical significance of this unique U.S. coin.