The 1999-P Susan B. Anthony Dollar Coin is a hidden gem in the world of coin collecting. This small, unassuming coin, often overlooked, has captured the attention of collectors due to a rare find that reportedly sold for an astonishing $14 million. In this article, we’ll explore the history, value, and excitement surrounding this coin, breaking it down in simple terms to help you understand why it’s so special. Whether you’re a seasoned collector or just curious, this guide will explain everything you need to know about this thrift store treasure.
What Is the Susan B. Anthony Dollar Coin?
The Susan B. Anthony Dollar Coin was introduced by the U.S. Mint to honor Susan B. Anthony, a key figure in the women’s rights movement. Minted from 1979 to 1981 and briefly again in 1999, this coin was meant to replace the larger Eisenhower dollar. Its smaller size (26.5 mm in diameter) and silver-colored appearance caused confusion with the quarter, leading to its unpopularity and limited production. By 1999, the coin was reintroduced to meet the demand for dollar coins in vending machines and public transit systems before the Sacagawea dollar was launched in 2000.
Why the 1999-P Coin Stands Out
The 1999-P Susan B. Anthony Dollar, minted in Philadelphia, is special because of its limited production and rare varieties. Only 29,592,000 were struck for circulation, making it less common than earlier years. The real excitement, however, comes from rare error coins and unique varieties that have driven its value sky-high in some cases. A thrift store find reportedly sold for $14 million due to its rarity, likely an error coin struck on a Sacagawea planchet, which gives it a golden hue and distinct weight.
Why Is the 1999-P Susan B. Anthony Dollar So Valuable?
Several factors make certain 1999-P Susan B. Anthony Dollar Coins incredibly valuable. Here’s a breakdown:
| Factor | Details |
|---|---|
| Limited Mintage | Only 29.6 million coins were minted in 1999 at Philadelphia, fewer than earlier years. |
| Error Coins | Some coins were mistakenly struck on Sacagawea planchets, creating a rare, gold-colored variety. |
| Condition | Uncirculated or proof coins in pristine condition (e.g., MS65 or PF70) fetch higher prices. |
| Collector Demand | Growing interest in Susan B. Anthony coins has increased demand for rare varieties. |
Rare Varieties and Errors
One of the most sought-after versions is the 1999-P Susan B. Anthony Dollar struck on a Sacagawea planchet. This error occurred when a Sacagawea dollar’s gold-colored planchet was used by mistake, creating a coin with the Susan B. Anthony design but a golden appearance. Only a few of these exist, making them highly prized. For example, one such coin, graded MS65, sold for $7,763 at auction, with others fetching even higher prices due to their rarity.
Condition Matters
The condition of a coin greatly affects its value. Coins graded by professional services like PCGS or NGC, especially those in mint state (MS) or proof (PF) condition, can be worth significantly more. For instance, a 1999-P proof coin in PF70 condition is highly valuable due to its flawless finish and rarity. Even circulated coins in good condition can fetch a premium if they’re part of a rare variety.
How to Identify a Valuable 1999-P Susan B. Anthony Dollar
To spot a valuable 1999-P Susan B. Anthony Dollar, check these features:
- Mint Mark: Look for the “P” mint mark above Susan B. Anthony’s right shoulder, indicating it was minted in Philadelphia.
- Color and Weight: Error coins on Sacagawea planchets have a golden hue and weigh differently (around 8.1 grams).
- Condition: Check for minimal wear, scratches, or stains. Uncirculated or proof coins are more valuable.
- Edge Design: The coin has a distinctive 11-sided inner border, unlike the quarter’s reeded edge.
Where to Find These Coins
You might stumble upon a 1999-P Susan B. Anthony Dollar in unexpected places like thrift stores, coin rolls, or even pocket change. Many were used in vending machines or public transit, so checking coin jars or asking at local banks could lead to a lucky find. For serious collectors, reputable coin dealers, online marketplaces like eBay, or auction houses are great places to buy or sell these coins. Always ensure authenticity by purchasing graded coins from trusted sources.
Tips for Collectors
- Get Coins Graded: Professional grading by PCGS or NGC ensures authenticity and value.
- Store Properly: Keep coins in protective holders to prevent damage.
- Research Auctions: Check recent auction results to understand current market values.
- Join Coin Communities: Connect with other collectors for tips and opportunities to trade or buy.
Conclusion
The 1999-P Susan B. Anthony Dollar Coin is more than just a piece of change—it’s a piece of history with the potential to be worth millions. From its unique design honoring a women’s rights pioneer to its rare error varieties, this coin is a thrilling find for collectors. Whether you’re hunting for a thrift store treasure or building a collection, understanding its value and rarity can lead to exciting discoveries. Start checking your coins—you might just find a fortune!
FAQs
What makes the 1999-P Susan B. Anthony Dollar valuable?
Its value comes from limited mintage, rare error coins (like those struck on Sacagawea planchets), and high-grade conditions like MS65 or PF70.
Where can I find a 1999-P Susan B. Anthony Dollar?
Look in thrift stores, coin rolls, bank change, or purchase from reputable coin dealers and auction sites.
How do I know if my coin is an error coin?
Check for a golden color, unusual weight, or a “P” mint mark. Error coins may have the Susan B. Anthony design on a Sacagawea planchet.
Are all 1999-P Susan B. Anthony Dollars worth millions?
No, only specific error coins or those in exceptional condition (e.g., PF70) reach high values. Most circulated coins are worth around $1-$5.
How can I sell my 1999-P Susan B. Anthony Dollar?
Sell through coin shops, online marketplaces like eBay, or auction houses. Get the coin graded for maximum value.