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Looking For Information On My Newly-Discovered Susan B. Anthony Dollar

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carleroo's Avatar
Canada
155 Posts
 Posted 02/25/2020  1:34 pm Show Profile   Bookmark this topic Add carleroo to your friends list Get a Link to this Message Number of Subscribers
I found a couple of Susan B. Anthony dollars that I stored away when I got them in 1979. I am interested in selling these, but noticed that values seem to range quite a bit, with pretty high values for some of them with unique characteristics. I am wondering what how my coins stack up. I can't comment on the condition. It looks very crisp and has been in storage for the life of the coin. Any helpful advice?
Looking-For-Information-On-My-Newly-Discovered-Susan-B.-Anthony-Dollar
Looking-For-Information-On-My-Newly-Discovered-Susan-B.-Anthony-Dollar
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John1's Avatar
United States
56855 Posts
 Posted 02/25/2020  1:59 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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carleroo's Avatar
Canada
155 Posts
 Posted 02/25/2020  2:04 pm  Show Profile   Bookmark this reply Add carleroo to your friends list Get a Link to this Reply
I'm not that familiar with US coins (I'm in Canada), but I guess my version is pretty common. If I travel to the US, I suppose I can spend it :) Thanks for the info. I was secretly hoping for a 5 figure evaluation!
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Finn235's Avatar
United States
6130 Posts
 Posted 02/25/2020  4:23 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
These coins technically still circulate; they are mechanically indistinguishable from the modern golden dollars, and when I briefly roll hunted small dollars, the rolls were about 30% SBA dollars on average with the majority of course being 1979 as the most common year by far. Yours is particularly well preserved, but there are bag marks especially on the obverse that would prevent you from getting the grade that would earn you enough profit for a coffee, even if grading didn't cost $20.

Collectors dont pay premiums for modern coins that aren't in slabs, and generally unless the grade is in the 67-70 range. It's a lovely SBA dollar and better by far than anything I ever pulled out of a roll, but IMO it isn't worth getting graded, and you'd be unlikely to break even on your costs to sell it.

The demand for SBA dollars is mostly in rare varieties, which for 1979 is mostly the wide rim, which yours is the common narrow variety.
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carleroo's Avatar
Canada
155 Posts
 Posted 02/25/2020  5:25 pm  Show Profile   Bookmark this reply Add carleroo to your friends list Get a Link to this Reply
Thanks for the info. Yes, I wouldn't be banking my retirement on this. No grading, no selling...maybe just a cup of coffee :)
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hfjacinto's Avatar
United States
7293 Posts
 Posted 02/25/2020  6:46 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Depends on how many you have and where you go for coffee :)

I recently deposited all my SBA's at the bank as they where worth face :)
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carleroo's Avatar
Canada
155 Posts
 Posted 02/25/2020  7:42 pm  Show Profile   Bookmark this reply Add carleroo to your friends list Get a Link to this Reply
I have 2 of the coins - so $2. I don't expect much change after buying a coffee :)
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Spence's Avatar
United States
34430 Posts
 Posted 02/25/2020  8:10 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Ok well when/if you do spend them, be sure to log in to our CCF thread where we track such things:

http://goccf.com/t/247499

"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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carleroo's Avatar
Canada
155 Posts
 Posted 02/25/2020  8:48 pm  Show Profile   Bookmark this reply Add carleroo to your friends list Get a Link to this Reply
It may take me a while before spend the SBA dollars, since I don't live in the country, but when I do, I will record the experience on the site. I know I am now straying away from the original thread, but I am wondering why a dollar coin never took off in the US. We, in Canada, got rid of our one dollar and two dollar bills a long time ago in favour of coins. There wasn't a whole lot of fuss about it, apart from a few grumbles. We also got rid of the penny of the penny a few years ago. I don't think anyone complained about that. Can anyone explain why the US has resisted all this?

Again, maybe this conversation doesn't belong here, but I am curious.
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