diff --git a/src/literal.h b/src/literal.h
index 4d09a5883cb..8b5a8052676 100644
--- a/src/literal.h
+++ b/src/literal.h
@@ -828,10 +828,19 @@ template<> struct hash<wasm::Literal> {
         wasm::rehash(digest, a.getFunc());
         return digest;
       }
-      if (a.type.getHeapType().isMaybeShared(wasm::HeapType::i31)) {
+      auto type = a.type.getHeapType();
+      if (type.isMaybeShared(wasm::HeapType::i31)) {
         wasm::rehash(digest, a.geti31(true));
         return digest;
       }
+      if (type.isMaybeShared(wasm::HeapType::any)) {
+        // This may be an extern string that was internalized to |any|. Undo
+        // that to get the actual value. (Rehash here with the existing digest,
+        // which contains the |any| type, so that the final hash takes into
+        // account the fact that it was internalized.)
+        wasm::rehash(digest, (*this)(a.externalize()));
+        return digest;
+      }
       if (a.type.isString()) {
         auto& values = a.getGCData()->values;
         wasm::rehash(digest, values.size());
@@ -841,7 +850,8 @@ template<> struct hash<wasm::Literal> {
         return digest;
       }
       // other non-null reference type literals cannot represent concrete
-      // values, i.e. there is no concrete anyref or eqref other than null.
+      // values, i.e. there is no concrete anyref or eqref other than null and
+      // internalized strings.
       WASM_UNREACHABLE("unexpected type");
     }
     WASM_UNREACHABLE("unexpected type");
diff --git a/src/wasm/literal.cpp b/src/wasm/literal.cpp
index ad5bf765daf..17c461ceb02 100644
--- a/src/wasm/literal.cpp
+++ b/src/wasm/literal.cpp
@@ -493,13 +493,17 @@ bool Literal::operator==(const Literal& other) const {
     if (type.isData()) {
       return gcData == other.gcData;
     }
-    assert(type.getHeapType().isBasic());
-    if (type.getHeapType().isMaybeShared(HeapType::i31)) {
+    auto heapType = type.getHeapType();
+    assert(heapType.isBasic());
+    if (heapType.isMaybeShared(HeapType::i31)) {
       return i32 == other.i32;
     }
-    if (type.getHeapType().isMaybeShared(HeapType::ext)) {
+    if (heapType.isMaybeShared(HeapType::ext)) {
       return internalize() == other.internalize();
     }
+    if (heapType.isMaybeShared(HeapType::any)) {
+      return externalize() == other.externalize();
+    }
     WASM_UNREACHABLE("unexpected type");
   }
   WASM_UNREACHABLE("unexpected type");
diff --git a/test/lit/passes/rse-gc.wast b/test/lit/passes/rse-gc.wast
index d00f6d3c434..bfe85398e59 100644
--- a/test/lit/passes/rse-gc.wast
+++ b/test/lit/passes/rse-gc.wast
@@ -303,4 +303,44 @@
     (local.get $s)
   )
  )
+
+ ;; CHECK:      (func $any-extern (type $3)
+ ;; CHECK-NEXT:  (local $any anyref)
+ ;; CHECK-NEXT:  (local.set $any
+ ;; CHECK-NEXT:   (any.convert_extern
+ ;; CHECK-NEXT:    (string.const "hello")
+ ;; CHECK-NEXT:   )
+ ;; CHECK-NEXT:  )
+ ;; CHECK-NEXT:  (drop
+ ;; CHECK-NEXT:   (any.convert_extern
+ ;; CHECK-NEXT:    (string.const "hello")
+ ;; CHECK-NEXT:   )
+ ;; CHECK-NEXT:  )
+ ;; CHECK-NEXT:  (local.set $any
+ ;; CHECK-NEXT:   (any.convert_extern
+ ;; CHECK-NEXT:    (string.const "world")
+ ;; CHECK-NEXT:   )
+ ;; CHECK-NEXT:  )
+ ;; CHECK-NEXT: )
+ (func $any-extern
+  ;; Test internalized strings.
+  (local $any anyref)
+  (local.set $any
+   (any.convert_extern
+    (string.const "hello")
+   )
+  )
+  ;; This set can turn into a drop, as the value is already in the local.
+  (local.set $any
+   (any.convert_extern
+    (string.const "hello")
+   )
+  )
+  ;; This is a different string.
+  (local.set $any
+   (any.convert_extern
+    (string.const "world")
+   )
+  )
+ )
 )