
π€ Can a Susan B. Anthony Dollar Really Be Worth $7.1 Million?
Most Susan B. Anthony (SBA) dollars are common. In fact, the majority sell for $1 to $50, even in nice condition.
But one extraordinary coin changed everything.
In a record-setting sale, a 1980-S Susan B. Anthony Dollar sold for an astonishing $7,115,000, making it the only U.S. coin from 1980 ever to exceed the million-dollar mark. π
So what made this small, often-ignored dollar coin so valuable β and is there any chance you could own one?
Letβs break it down step by step.
β Step 1: Why This 1980-S Susan B. Anthony Dollar Is Worth Over $7 Million
This coin isnβt valuable because of silver content or age. Its value comes from a perfect storm of rarity, mint errors, and flawless proof condition.
β 1. The Correct Mint Mark Is Critical
Only one mint produced qualifying coins.
- Must have an βSβ mint mark (San Francisco)
- Coins with P or D mint marks are automatically excluded
- San Francisco struck proof-only SBA dollars in 1980
π No βSβ mint mark = no million-dollar value.
β 2. A Nearly Impossible Triple-Error Combination
What truly sets this coin apart is the presence of three separate mint errors on a single proof strike β an extremely rare occurrence.
π§ The Three Errors Explained:
- Double-Struck Obverse
Visible doubling along the portrait, rim, and devices - Misaligned Die Error
Approximately 15% off-center between strikes - Broken Collar Error
Causes distorted or uneven edge reeding
π§ This exact combination is what made the coin historically significant.
β 3. Premium Proof Specifications (Non-Negotiable)
Even with errors, the coin must meet elite proof standards to reach top value.
To qualify, it must have:
- π Deep cameo mirror finish
- βοΈ Frosted portrait, lettering, and date
- βοΈ Exact weight: 8.1 grams
- π Certified PCGS PR-70 DCAM (perfect grade)
π Any grade below PR-70 dramatically reduces the value.
π Step 2: How to Spot a Potential $7 Million Error Coin
Use a 10Γ loupe or magnifier and inspect the coin carefully under strong light.
π 1. Surface Inspection
Look for:
- β Dual concentric strike rings
- β A ghost-like second portrait image
- β Slight misalignment between obverse and reverse
These are classic indicators of multiple strikes.
π 2. Edge Examination
Examine the edge closely:
- β Broken, uneven, or distorted reeding
- β Thickness variation between 2.8β3.1 mm
- β Any visible seam usually indicates a cast fake
π Clean, uniform edges usually mean a normal coin.
π 3. Weight & Size Test
Use a digital jewelerβs scale and calipers:
- βοΈ Weight: 8.1 g Β± 0.01 g
- π Diameter: 26.5 mm
- π Center thickness: 2.0 mm
π¨ Incorrect measurements are a major red flag.
π Step 3: Quick Comparison Table
| Feature | $7.1M Error Coin | Normal 1980 SBA Dollar |
|---|---|---|
| Strike | Double-struck | Single strike |
| Alignment | ~15% misaligned | Perfect |
| Edge | Irregular reeding | Uniform |
| Finish | Deep cameo proof | Standard |
| Typical Value | $7,115,000 π° | $1β$50 |
β οΈ Step 4: Beware of Common Counterfeits
Due to its fame, fake examples are everywhere. Avoid coins showing:
- β Electroplating (incorrect weight)
- β Tool marks near the mint mark
- β Soft or blurry details from casting
β οΈ If a coin looks too rough or too perfect, proceed with caution.
π‘οΈ Step 5: Proper Authentication Is Essential
If your coin looks promising, do not sell it raw.
β Required Steps:
- π Submit to PCGS or NGC (Errors & Varieties tier)
- π§ͺ Request XRF metal composition testing
- π Verify provenance and ownership history
π Without top-tier certification, even genuine error coins will not achieve premium prices.
β¨ Final Thoughts
The $7.1 million 1980-S Susan B. Anthony Dollar is a once-in-a-generation discovery β combining perfect proof condition with multiple mint errors on a single strike.
While finding one is extremely unlikely, understanding:
- Mint marks
- Error types
- Proof standards
- Certification
can help you spot real rarities, avoid counterfeits, and make smarter collecting decisions.
In numismatics, every detail matters. πͺπ
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