Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 900
Catalog: KM-108
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $12.66 (12/27/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1878 T$1 PF obverse 1878 T$1 PF reverse


  
Expand All    Collapse All

VarietyPlus®

There are no varieties for this coin.

Description & Analysis

As 1878 unfolded the silver interests of the West combined forces to cause Congress to act. Simply stated, the bowels of Nevada had been opened wide, and silver was flooding into the mine owners coffers. Great wealth was had by a few lucky persons, but what to do with all this silver. The price of silver on the open market fell. Such events were not to be tolerated, and soon Congress authorized the purchase of large quantities of silver for coinage. Naturally the mints had no more desire for the silver than anyone else, they were coining along quite happy up to that time with the normal influx of gold, silver, nickel and copper. Congress imposed the Sherman Silver Act in early 1878 which authorized the purchase of millions of ounces of silver for coinage into the new Morgan silver dollars. With all the pressure to stamp out millions of the new silver dollars, the Trade dollar was virtually shelved save for a dwindling number of proof issues starting in 1879 which petered out entirely in 1885.

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


GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS*
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE

Select Grade

*To view the Census details for this coin, please sign in or sign up.

Price Guide

Last Updated: 12/10/2014

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

1878 T$1 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - 1275 1275 1425 1475 1550 1750 1875 2150 2700 3500 4900 11250 19000 29500 - - -
$ - - - - - - - - - - - - - -
1878 T$1 PF Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 2450 3050 3900 6000 13500 23000 42500 - - -
$ - - - - - - - - - 7000 - 30000 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 330
Low Grade: 45
Average Grade: 63
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
1/12/2015 PF 66   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(3), 1216/Lot# 5409
1/12/2015 PF 63  Cameo Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(3), 1216/Lot# 5410


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/15/2001 NGC PF 64   Heritage Auctions 2001 November Santa Clara Signature Sale #275, 275/Lot# 7054 $5,060.00
5/28/2006 PCGS PF 66   Cameo Goldberg May 28-31, 2006 Pre-Long Beach Coin and Currency Auction, 36/Lot# 3115 $17,825.00
1/4/2009 PCGS PF 62   Teletrade Auction 2635, 2635/Lot# 2299 $2,242.50
1/3/2012 PCGS PF 63   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(2), 1166/Lot# 3872 $2,530.00
5/30/2012 NGC PF 65   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 3311 $7,618.75
8/18/2013 PCGS PF 64   David Lawrence Rare Coins Internet Auction # 765, 774/Lot# 66 $4,400.00
1/26/2014 NGC PF 62   Cameo Goldberg January 26-28, 2014 January Pre-Long Beach Sale 17.5% BP, 78/Lot# 1271 $2,468.00
2/27/2014 NGC PF 61   Cameo Heritage Auctions 2014 February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta Session(1), 1203/Lot# 3680 $1,703.75
9/28/2014 PCGS PF 64   Cameo GreatCollections GreatCollections Coin Auctions 09/28/2014, 194/Lot# 215780 $3,194.40


NGC Registry

NGC Registry Score 1878 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base33333333779108514381634173519772335311344314935644483921074641209
333333326188112021503166718152096259435524599543870939176209000
00000032618811202150316671815209625943552459954387093917600
00000035209831320156817011896221528533991476759417742996100
1878 T$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base10661271140816582653343738004118503455206135649165717646811911917147431619318329206672321825996
1134131614911989291435583906442351965725625365176929780393851285915226169051910821517241440
000000390644235196572562536517692978039385128591522616905191082151700
0000004012472853585930637265447287796110651138011570917617198872236700
1878 T$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base333333331118151519652211233726383080402856106209734294811204948369
33333333741250166520472253243727853396455558096586805510337241550
0000003374125016652047225324372785339645555809658680551033700
0000003746138218152129229525372932371250826009696487681119300
Registry Image Gallery
Grade: PF 67 CA
Points: 6690
Owner: SLUGGO
 
Grade: PF 67
Points: 6444
Owner: Jon Lorenzo
 
View the Registry Image Gallery

Related Articles

NGC Certifies BRS Legacy Collection

12/21/2004  — Proof Trade Dollars are Superb
View full article >


NGC Auction Central Disclaimer