Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 1,150
Catalog: KM-108
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $16.25 (7/29/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1876 T$1 PF obverse 1876 T$1 PF reverse


  
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Description & Analysis

The Act of July 22, 1876 demonetized the Trade dollar, revoking its legal tender status. The denomination nearly vanished from domestic circulation, and was used almost exclusively in the China trade after the Act took effect. Collectors continued to order proof sets every year, and 1,150 proof Trade dollars were included in the sets for 1876. Even as proofs, the coins were worth very little at the time. An example in the Stickney Collection (Henry Chapman, 6/1907), lot 901, realized only $1.20 thirty-one years later. Today these coins are prized by collectors, and Premium Gem examples are extremely rare.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 6/19/2013

Click on a price to see historical prices, comparison charts and trends.

1876 T$1 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - 960 1050 1680 1860 2440 3310 4690 10190 17500 - - - -
$ - - - 1060 1160 1850 2050 2680 3600 5100 11000 18900 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 277
Low Grade: 58
Average Grade: 62
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/24/2001 PCGS PF 63   Teletrade Auction 1451, 1451/Lot# 1136 $1,728.00
6/27/2005 NGC PF 61   David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 1120 $1,092.50
3/1/2006 NGC PF 62   Cameo Heritage Auctions 2006 March Palm Beach, FL Signature Auction #412, 412/Lot# 1673 $2,185.00
9/10/2006 PCGS PF 64   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 2841 $3,105.00
8/7/2010 NGC PF 64   Stack's Bowers The August 2010 Boston Rarities Sale, 34/Lot# 1363 $16,100.00
9/4/2011 PCGS PF 62   Cameo Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1504 $2,300.00
10/21/2012 PCGS PF 62   Cameo GreatCollections GreatCollections Coin Auctions 10/21/2012, 45/Lot# 72384 $2,530.00
7/27/2013 PCGS   Cameo Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2776 $6,462.50


NGC Registry

NGC Registry Score 1876 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333721101013451531167819362385311343895148644483921074641415
333333324281711211407158017642085262735384642558070939176209690
00000032428171121140715801764208526273538464255807093917600
00000034819131233146916291850223528703963489560127742996100
1876 T$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333838116015311736189621792668345748325405669086911110443527
333333328194512831599178919902342293139155023583373579495219110
00000032819451283159917891990234229313915502358337357949500
0000003559105214071667184220842505319443735214626180241029900
1876 T$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base333333331041141818472082226625883140402855606195734294811204948349
33333333491166156119252143237327723436453857716577805510337241490
0000003349116615611925214323732772343645385771657780551033700
0000003695129217042003220424802956373250495983695987681119300
Registry Image Gallery
Grade: PF 65 ULTRA CAMEO
Points: 5560
Owner: Aurora Borealis Collection
 
Grade: PF 66 CAMEO
Points: 5405
Owner: Simpson
 
View the Registry Image Gallery

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