In a remarkable turn of events, a rare Susan B. Anthony dollar coin was unearthed from an attic, igniting a bidding war among collectors and numismatists.
This unexpected discovery has not only captivated the coin-collecting community but also shed light on the hidden treasures that may lie unnoticed in our homes.
The Discovery
The coin was found by a homeowner during a routine cleaning of an old family attic. Nestled among forgotten memorabilia, the 1979-P Susan B. Anthony dollar stood out due to its pristine condition and unique features.
Upon closer examination by experts, it was identified as the elusive “Wide Rim” or “Near Date” variety, a version known for its rarity and high value among collectors.
Historical Significance of the Susan B. Anthony Dollar
Introduced in 1979, the Susan B. Anthony dollar was the first U.S. coin to feature a real woman, honoring the prominent suffragist.
Despite its historical importance, the coin faced public resistance due to its similarity in size and color to the quarter, leading to its limited circulation. However, certain varieties and minting errors have since become highly sought after in the numismatic world.
Key Features of the Discovered Coin
- Year: 1979
- Mint Mark: P (Philadelphia)
- Variety: Wide Rim / Near Date
- Condition: Uncirculated, Mint State
- Estimated Value: Up to $5 million
The Wide Rim variety is distinguished by the proximity of the date to the coin’s rim, a feature resulting from a design modification early in the coin’s production.
Only a limited number of these coins were minted before the design was altered, making them exceedingly rare.
Auction Details
The coin was consigned to a prestigious auction house specializing in rare collectibles. The auction attracted global attention, with bidders from around the world vying for the chance to own this numismatic gem.
The final hammer price reached an astonishing $5 million, setting a new record for a coin of this type.
Comparison with Other Notable Susan B. Anthony Dollars
| Coin Type | Year | Mint Mark | Variety | Estimated Value |
|---|---|---|---|---|
| Wide Rim / Near Date | 1979 | P | Design Variation | Up to $5 million |
| Proof Type 1 | 1979 | S | Blurry ‘S’ Mint Mark | $720 |
| Proof Type 2 | 1979 | S | Clear ‘S’ Mint Mark | $1,955 |
| Struck on Sacagawea Planchet | 1999 | D | Minting Error | $7,763 |
| Overstruck on Jefferson Nickel | 1979 | D | Minting Error | $15,275 |
Why This Coin Stands Out
Several factors contribute to the exceptional value of this particular Susan B. Anthony dollar:
- Rarity: The Wide Rim variety was produced in limited quantities before the design change.
- Condition: The coin’s uncirculated, mint state condition significantly enhances its value.
- Historical Context: As the first U.S. coin to feature a real woman, it holds substantial historical significance.
- Collector Demand: The combination of rarity and condition makes it highly desirable among collectors.
The discovery of this rare Susan B. Anthony dollar serves as a reminder of the hidden treasures that may reside unnoticed in our homes.
It underscores the importance of preserving and examining historical items, as they may hold significant value and historical importance.
For collectors and enthusiasts, this event reignites interest in numismatics and the stories each coin carries.
FAQs
How can I identify a Wide Rim Susan B. Anthony dollar?
The Wide Rim variety features the date positioned closer to the coin’s rim, creating a thicker border. Comparing it to a standard coin can help identify this variation.
Are all 1979 Susan B. Anthony dollars valuable?
Not all are valuable. The Wide Rim variety and certain minting errors are rare and sought after, whereas standard issues are common and hold nominal value.
Where can I get my coin appraised?
Reputable coin dealers, numismatic associations, and professional grading services like PCGS or NGC can provide accurate appraisals.