The worth of a United States dollar coin struck in 1979, specifically a coin commonly referred to as a Susan B. Anthony dollar, is multifaceted. Its value is contingent upon factors such as its condition, mint mark (if any), and the presence of any errors. Generally, circulated examples of this coin trade for only slightly above their face value.
Significance stems from its status as the first U.S. coin to depict a non-allegorical woman. However, production numbers were high, leading to low collectibility in typical condition. Its historical importance lies in its attempt to replace the larger Eisenhower dollar and transition to a smaller, more convenient dollar coin. The perceived benefit at the time was reduced metal usage and ease of carrying.
Subsequent discussion will cover specific mint marks, grading nuances, and notable varieties of this coin that impact its price to collectors and investors. Examination of price guides and auction records is crucial for accurately determining the current market valuation of specific examples.
1. Mint Mark
The presence and type of mint mark on a 1979 Susan B. Anthony dollar coin directly influence its potential value. The mint mark indicates where the coin was struck, and different mints produced varying quantities of the coin. The Philadelphia Mint (no mint mark), Denver Mint (“D” mint mark), and San Francisco Mint (“S” mint mark) each contributed to the overall mintage. Lower production figures from a particular mint often correlate with increased collectibility and thus, a higher potential value. A 1979-S proof coin, for example, will typically command a premium compared to a 1979-P in similar condition because of the San Francisco Mint’s role in producing proof coins for collectors.
Understanding the significance of the mint mark requires access to mintage figures and price guides. For instance, if research indicates a significantly lower number of 1979-D dollars were produced compared to 1979-P dollars, collectors may be willing to pay a higher price for the “D” mint mark example. Auction records provide real-world data points that confirm this effect. Identifying the mint mark is the first step in assessing the coin’s potential worth, informing further evaluation based on condition and other factors.
In summary, the mint mark serves as a crucial identifier when assessing the worth of a 1979 Susan B. Anthony dollar. It acts as a proxy for scarcity, impacting its market value. However, it is imperative to consult reputable numismatic resources to verify mintage figures and historical data, ensuring an accurate assessment of the coin’s worth within the broader numismatic market. The interaction between mint mark rarity and coin condition determines the final valuation.
2. Condition Grading
Condition grading is a primary determinant of the worth of a 1979 Susan B. Anthony dollar. The degree of preservation directly influences collector demand and, consequently, the coin’s monetary value. A coin’s grade reflects the extent of wear, surface preservation, and overall visual appeal.
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Impact of Wear
Wear refers to damage to the coin’s surface caused by handling and circulation. Coins graded as “Uncirculated” (MS) exhibit no wear, while coins graded as “About Uncirculated” (AU) show minimal trace of wear. Coins graded as “Extremely Fine” (EF) or lower grades will show increasingly obvious wear patterns. The presence and severity of wear directly correlate with a decrease in value; a heavily worn coin may only be worth its face value, while a pristine uncirculated specimen commands a significant premium.
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Surface Preservation
Surface preservation considers aspects such as luster, scratches, and blemishes. Original mint luster is highly desirable and enhances the visual appeal of the coin, contributing to a higher grade and value. Scratches, bag marks (small abrasions from contact with other coins), and environmental damage detract from the coin’s condition and reduce its grade. Coins with superior surface preservation will inherently be more valuable than similar coins with noticeable surface imperfections.
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Grading Standards
Professional grading services, such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC), employ standardized grading scales and expert graders to assess a coin’s condition objectively. These services encapsulate graded coins in protective holders, providing authentication and assurance to potential buyers. A coin graded by a reputable service generally commands a higher price due to the perceived guarantee of authenticity and grade accuracy. The assigned grade is then a critical factor in determining its position in the numismatic market.
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Eye Appeal
Though subjective, “eye appeal” plays a role in the grading process and, ultimately, the coin’s value. This refers to the overall aesthetic quality of the coin. Even if a coin technically meets the criteria for a particular grade, its visual attractiveness can influence its desirability. A coin with vibrant luster and minimal distractions, even if technically graded slightly lower than another coin, might command a similar or even higher price if it possesses superior eye appeal.
In conclusion, condition grading is indispensable for accurately assessing the worth of a 1979 Susan B. Anthony dollar. Elements such as wear, surface preservation, adherence to grading standards, and overall visual allure are all integral. The final grade assigned is crucial in determining its market value. Thus, expertise in condition grading or reliance on reputable grading services is fundamental for any informed transaction.
3. Circulation Status
The circulation status of a 1979 Susan B. Anthony dollar coin has a substantial and direct impact on its value. Coins that entered general circulation experienced wear and tear, diminishing their condition and, consequently, their collectibility. The duration and intensity of circulation correlate inversely with the coin’s potential worth. Uncirculated examples, those that never entered general commerce, retain their original mint luster and surface details, making them significantly more desirable to collectors.
For example, a 1979-P (Philadelphia Mint) Susan B. Anthony dollar in circulated condition might be worth only its face value, one dollar, or slightly more due to base metal fluctuations. However, an uncirculated example, graded MS-65 (Mint State 65) by a reputable grading service, could fetch a price ranging from $5 to $15 or more depending on market demand and the specific grading service’s evaluation. This difference demonstrates the pronounced effect of circulation status. Furthermore, certain varieties or mint marks, even in circulated condition, can possess a higher value due to their relative scarcity, but the baseline value is always affected by the coin’s circulation history.
In summation, understanding the circulation status of a 1979 Susan B. Anthony dollar is essential for accurate valuation. Uncirculated coins command a premium, while circulated examples generally hold minimal collector value. Accurately assessing a coin’s state relies on keen observation and, ideally, the assessment of reputable coin grading services. Despite certain rare varieties exhibiting higher values, circulation is a principal influencer.
4. Error Coins
Error coins, while generally rare, significantly impact the potential worth of a 1979 Susan B. Anthony dollar. Deviations from standard minting procedures can transform a common coin into a highly sought-after collector’s item. The presence of a discernible error substantially alters the typical valuation models applied to these coins.
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Double Die Obverse
A double die obverse occurs when the die used to strike the coin receives a doubled impression during its creation. This results in a noticeable doubling of design elements, such as the portrait of Susan B. Anthony or the inscriptions. A 1979 Susan B. Anthony dollar exhibiting a significant double die obverse commands a premium because of its rarity and the visual distinctiveness of the error. Collectors actively seek out these examples, increasing demand and, consequently, value.
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Off-Center Strike
An off-center strike arises when the coin blank is not properly aligned within the striking press. This leads to a portion of the design being missing from the coin, with a corresponding blank area. The degree of off-center strike directly affects the coin’s value; more extreme off-center strikes, where a substantial portion of the design is missing, are generally more valuable than those with minor misalignments. These errors are visually striking and relatively easy to identify, contributing to their desirability.
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Broadstrike
A broadstrike error occurs when the collar die, which normally restrains the metal during striking, malfunctions or is absent. The resulting coin is flattened and wider than a normal specimen, lacking the defined edge typically found on standard coins. Broadstrike errors are noticeable to the naked eye and represent a tangible deviation from the intended design. Their comparative scarcity enhances their collector value.
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Blank Planchet Errors
A blank planchet error occurs when a coin is struck on a planchet intended for a different denomination or composed of an incorrect metal. Although less common with the clad composition of the Susan B. Anthony dollar, instances of incorrect planchets or missing clad layers can significantly increase value. The novelty of a coin struck on the wrong material appeals to collectors specializing in mint errors, often resulting in a higher premium.
In summary, error coins represent a specialized niche within the numismatic market, particularly impacting the worth of a 1979 Susan B. Anthony dollar. These errors, including double die obverses, off-center strikes, broadstrikes, and blank planchet issues, transform otherwise common coins into valuable collectibles. Accurate identification of these errors necessitates careful examination and, often, consultation with numismatic experts. Understanding the specific error type and its severity is crucial for determining its influence on the coin’s overall value.
5. Mintage Figures
Mintage figures, representing the total number of coins struck at each mint, directly influence the worth of 1979 Susan B. Anthony dollars. Higher mintage numbers generally correspond to lower individual coin value, assuming comparable condition and lack of errors. Conversely, lower mintage numbers, relative to other years or mints, tend to elevate a coin’s market worth. The underlying principle is scarcity; fewer examples available to collectors increase demand and drive prices upward. Consider, for example, the 1979-P dollar (Philadelphia Mint). Its relatively high mintage contributed to its common availability and lower value compared to examples with significantly lower mintage figures, although the overall condition has a crucial impact.
Understanding mintage figures provides a foundational basis for assessing potential collectibility and investment value. Examining published mint records reveals the specific numbers produced at each minting facility (Philadelphia, Denver, and San Francisco). These figures, in conjunction with data on surviving populations in various grades, allow collectors and dealers to estimate the relative rarity of specific varieties. Furthermore, understanding the link between mintage numbers and value helps to make informed purchasing decisions. For instance, knowing that a particular mint mark exhibited lower production levels might incentivize investment in well-preserved examples, anticipating future appreciation due to their relative scarcity.
In summary, mintage figures represent a critical parameter in determining the value of 1979 Susan B. Anthony dollars. They are a primary indicator of potential scarcity, influencing collector demand and, consequently, market prices. However, mintage figures are not the only factor; condition, mint errors, and overall market sentiment also contribute significantly to the ultimate value of the coin. Accurate interpretation of mintage data requires referencing reputable sources and considering these figures within the context of other value-determining factors.
6. Market Demand
Market demand exerts a direct influence on the worth of the 1979 Susan B. Anthony dollar. This force reflects the collective interest and purchasing behavior of collectors and investors, shaping the prices observed in the numismatic marketplace. Understanding the dynamics of market demand is thus essential for accurately assessing the potential value of these coins.
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Collector Base and Speculation
The size and activity of the collector base dedicated to Susan B. Anthony dollars contribute significantly to demand. A larger, more enthusiastic collector base creates increased competition for available coins, driving up prices, particularly for higher-grade examples and rarities. Speculative interest, driven by anticipated future price increases, can also temporarily inflate demand and prices, although these surges are often followed by corrections.
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Economic Conditions
Broader economic conditions influence the amount of disposable income available for discretionary spending, including coin collecting. During periods of economic prosperity, increased discretionary income often leads to higher demand for collectible coins. Conversely, economic downturns can reduce demand as collectors prioritize essential spending, potentially lowering prices. Investment demand for precious metals, even if minimal in the clad Susan B. Anthony dollar, can indirectly affect interest in coins generally.
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Grading and Authentication Trends
The perceived reliability and consistency of coin grading and authentication services affect buyer confidence and, consequently, market demand. A perceived improvement in grading standards or increased trust in authentication procedures can stimulate demand, particularly for certified coins. Conversely, controversies surrounding grading practices can dampen enthusiasm and reduce prices. Collectors tend to be more confident and willing to pay premiums for coins graded by reputable services.
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Popularity of Design and Historical Context
The design and historical significance of the Susan B. Anthony dollar play a role in its ongoing appeal. While not universally admired upon its release, the coin’s status as the first circulating US coin to depict a real woman has garnered increasing attention. Heightened awareness of the coin’s historical context can generate increased demand and potentially drive up values, particularly among collectors interested in women’s history or American coinage innovations.
In conclusion, market demand encapsulates a complex interplay of factors that shape the worth of the 1979 Susan B. Anthony dollar. Collector interest, economic influences, grading trends, and the coin’s historical appeal collectively determine its position within the numismatic market. Monitoring these factors allows for a more nuanced understanding of price fluctuations and facilitates more informed decisions regarding acquisition or sale.
7. Metal Composition
The metallic makeup of the 1979 Susan B. Anthony dollar plays a role, albeit a limited one, in its valuation. While not composed of silver, the composition of copper and nickel alloys influences aspects of its condition, preservation, and inherent worth. Its non-precious metal nature distinguishes it from earlier silver dollars and directly impacts its fundamental commodity value.
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Base Metal Nature
The 1979 Susan B. Anthony dollar consists of a copper core clad with a copper-nickel alloy. The specific percentages are 75% copper and 25% nickel for the outer layers, bonded to a core of pure copper. This base metal composition sharply contrasts with older silver dollars that contained a significant amount of silver. Consequently, its intrinsic metal value remains relatively low and does not significantly contribute to its overall worth beyond its face value. Any value above face value is attributable to its collectibility, condition or error status, rather than metal content.
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Corrosion and Toning
The copper content of the coin makes it susceptible to environmental factors that can cause corrosion or toning. Exposure to humidity, pollutants, or improper storage can lead to the development of greenish or brownish discoloration on the coin’s surface. While some collectors find toning visually appealing, severe corrosion diminishes the coin’s aesthetic appeal and negatively impacts its value. Proper storage in inert materials helps mitigate these effects and preserve the coin’s condition.
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Impact on Wear Resistance
The copper-nickel cladding provides a degree of wear resistance, which influences how well the coin withstands circulation. However, compared to more durable alloys, the relatively soft metals composing the Susan B. Anthony dollar make it prone to scratches and abrasions with regular handling. Consequently, even minor circulation can result in noticeable wear, reducing the coin’s grade and potential value. Uncirculated examples maintain their original surface characteristics, avoiding the wear effects common to circulated specimens.
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Melting Value Considerations
Due to the base metal composition, the melting value of a 1979 Susan B. Anthony dollar is far below its face value. The costs associated with extracting and refining the minimal amount of nickel and copper render melting down the coins for their metal content uneconomical. This factor eliminates the potential for intrinsic value derived from its constituent metals. Therefore, the market primarily assesses it based on condition, mint mark, rarity, and numismatic appeal.
In summary, while the metal composition of the 1979 Susan B. Anthony dollar is a relevant characteristic, its impact on overall valuation is limited compared to factors like condition, mint mark, and errors. The base metal content primarily affects the coin’s susceptibility to environmental degradation and its inherent commodity value, which remains negligible. Collectors primarily assess the worth of these coins based on numismatic factors rather than the underlying metallic composition.
8. Collector Interest
Collector interest serves as a primary driver behind fluctuations in the worth of the 1979 Susan B. Anthony dollar. Shifts in collector preferences, discovery of new varieties, and the overall enthusiasm within the numismatic community directly influence the demand and, consequently, the price of these coins.
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Numismatic Novelty and Design Appreciation
The Susan B. Anthony dollar, despite its initial unpopularity with the general public, has garnered increasing interest among collectors due to its historical significance as the first U.S. circulating coin to depict a non-allegorical woman. Appreciation for its design, whether driven by feminist viewpoints or simple recognition of its place in American coinage, generates a sustained base level of demand. As awareness of its unique position in coinage history grows, collector interest and value have a tendency to correlate.
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Variety Hunting and Error Coin Appeal
The pursuit of rare varieties and error coins is a significant component of collector interest. The discovery of a new double die obverse or a particularly dramatic off-center strike instantly elevates the coin’s desirability, sparking competitive bidding and boosting its market value. The inherent scarcity of these errors attracts specialized collectors who actively seek out and are willing to pay premiums for these atypical specimens. A sudden surge in the popularity of error coin collecting could have a measurable effect on the worth of a 1979 dollar.
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Condition Sensitivity and Grading Consciousness
Collectors demonstrate a strong preference for coins in superior condition, driving up prices for graded examples certified by reputable services. The pursuit of high-grade uncirculated coins has made condition a critical determinant. Collectors place a higher value on examples that retain their original mint luster and exhibit minimal imperfections, translating to a strong demand for professionally graded specimens. A rising emphasis on preservation and grading practices can, therefore, affect valuations.
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“Completeness” and Set Building
Many collectors strive to assemble complete sets of U.S. coinage, including the Susan B. Anthony dollar series. The pursuit of completing a set incentivizes collectors to acquire all dates and mint marks, maintaining a baseline demand for even common examples. The desire to fill gaps in a collection sustains interest in the 1979 dollar, preventing its value from diminishing entirely, even for more common specimens.
In conclusion, collector interest encompasses diverse facets that shape the worth of the 1979 Susan B. Anthony dollar. These include design appreciation, the thrill of discovering rare varieties, an emphasis on condition, and the pursuit of completeness. Understanding and monitoring the ebb and flow of collector interest is therefore crucial for anyone seeking to evaluate the current or potential market value of these coins.
Frequently Asked Questions
The following questions address common inquiries concerning the valuation of the 1979 Susan B. Anthony dollar. These answers provide information based on established numismatic principles.
Question 1: What factors primarily determine the worth of a 1979 Susan B. Anthony dollar?
The primary determinants of worth are the coin’s condition, mint mark (P, D, or S), and the presence of any mint errors. Uncirculated examples, those with desirable mint marks, and those exhibiting significant errors typically command higher values.
Question 2: Are all 1979 Susan B. Anthony dollars inherently valuable?
No, the majority of 1979 Susan B. Anthony dollars in circulated condition are worth only slightly above their face value. High mintage figures contribute to their relative commonality, limiting their collectibility.
Question 3: How does the mint mark affect the value of a 1979 Susan B. Anthony dollar?
The mint mark indicates where the coin was struck. Coins with the “S” mint mark, particularly proof examples, tend to be more valuable due to lower mintage numbers and collector demand.
Question 4: What is considered a mint error that would increase the value of a 1979 Susan B. Anthony dollar?
Mint errors include doubled dies, off-center strikes, and broadstrikes. These errors result from malfunctions during the minting process, creating unique and sought-after variations.
Question 5: How does professional grading influence the perceived value of this coin?
Professional grading by reputable services (PCGS or NGC) authenticates the coin and assigns a condition grade. Certified coins, particularly those in high grades, often command higher prices due to the assurance of their condition and authenticity.
Question 6: Is the metal content a significant factor in the valuation of a 1979 Susan B. Anthony dollar?
No, the metal content of this coin, consisting of a copper core clad in copper-nickel, does not significantly contribute to its value. The primary drivers of value are condition, rarity, and collector demand, rather than the coin’s intrinsic metal worth.
In essence, assessing the worth requires careful consideration of these factors. It is essential to consult with numismatic experts for precise evaluations.
The subsequent section will discuss methods for determining an accurate appraisal.
Tips for Assessing 1979 Susan B. Anthony Dollar Value
Effective assessment of the worth of a 1979 Susan B. Anthony dollar requires a structured approach and familiarity with key numismatic principles. The following tips provide guidance for estimating the value of such coins.
Tip 1: Accurately Identify the Mint Mark. Determine the mint mark “P” (Philadelphia), “D” (Denver), or “S” (San Francisco) as it significantly impacts value. Examine the coin closely; the mint mark is located on the obverse, near Susan B. Anthonys portrait. The absence of a mint mark indicates the Philadelphia Mint.
Tip 2: Assess the Coin’s Condition. Evaluate the coins state of preservation according to established grading standards. Look for signs of wear, scratches, and loss of luster. Uncirculated coins possess a higher value compared to circulated specimens.
Tip 3: Consult Reputable Price Guides. Utilize established numismatic price guides, such as those published by PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). These guides offer estimated values based on condition and mint mark.
Tip 4: Research Recent Auction Records. Examine recent auction results for comparable 1979 Susan B. Anthony dollars. Auction records provide real-time data on market prices, reflecting current collector demand.
Tip 5: Identify Potential Mint Errors. Scrutinize the coin for potential mint errors, such as doubled dies or off-center strikes. These errors can significantly increase value; however, accurate identification requires expertise.
Tip 6: Consider Third-Party Grading. Submitting the coin to a reputable third-party grading service (PCGS or NGC) provides professional authentication and grading, increasing buyer confidence and potentially enhancing the coin’s value.
Tip 7: Beware of Overgrading. Exercise caution when evaluating the coins condition, avoiding the temptation to overgrade. Accurate grading is essential for determining a realistic value.
Adhering to these tips facilitates a more informed and accurate valuation of 1979 Susan B. Anthony dollars. The process integrates careful observation, research, and professional resources.
The concluding section will offer a final summary, highlighting the key takeaways from this comprehensive discussion.
Silver Dollar Value 1979
This examination of the worth of a 1979 Susan B. Anthony dollar underscores the multifaceted nature of numismatic valuation. Condition, mint mark, and the presence of mint errors are pivotal factors influencing its market price. High mintage figures generally limit the value of circulated specimens, while uncirculated examples and coins exhibiting rare errors command a premium. Professional grading services and up-to-date price guides are indispensable tools for accurate assessment.
Understanding these determinants allows for informed decisions regarding the acquisition or sale of such coins. The ever-evolving numismatic market necessitates continuous evaluation and a commitment to thorough research. Ongoing engagement with expert resources and a cautious approach to valuation are crucial for maximizing potential returns and minimizing risk in this specialized field.
