Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 396,635
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $21.85 (6/15/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1873 T$1 MS obverse 1873 T$1 MS reverse
Expand All    Collapse All

Description & Analysis

Coining of the first trade dollars at the Philadelphia Mint commenced July 11, 1873, and the first distribution of these occurred three days later when 40,000 were issued to depositors of silver bullion. Since this coin was intended for export to the Far East, it was inevitable that production at this facility would always be overshadowed by that of the San Francisco Mint. So it was in 1873 when Philly's mintage was a modest 396,900 pieces, little more than half that of its western cousin.

The vast majority of these coined were indeed shipped overseas and ultimately lost to the melting pot. This was the fate of most silver coins imported into China and neighboring seaports, as bullion bars were easier to store. In his 1993 silver dollar encyclopedia, Q. David Bowers estimated that only about 1250-2000 examples survive in circulated grades and perhaps a couple hundred in Mint State. Precious few of the latter are gems, most examples peaking in the MS 62-64 range.

The peculiar "billboard" font used for this coins reverse legends left the letters vulnerable to chipping of the hub. This and other entries in the series are known with these letters intact and also with missing or manually repaired serifs.

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
FIND IT ON EBAY

Select Grade

Price Guide

Last Updated: 1/20/2020

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

1873 T$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 175 195 250 320 400 685 710 900 1150 1300 1500 1850 2900 4500 10000 21500 67000 - - -
$ - - 720 950 1200 - - 2250 3550 6250 15750 - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 199
Low Grade: PrAg
Average Grade: 60
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 6/8/2021 1873 T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1-111271478111811925323272----198
-----------------------
--------------21------3
-----------------------
Total1-111271478111811925343372----201
 0%-0%0%6%3%7%3%4%5%9%0%9%12%17%16%3%1%---- 
1873 T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
-----------------------
--------------1-------1
-----------------------
Total-------------11-------2
 -------------50%50%------- 

NGC Registry

NGC Registry Score 1873 T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base308389456502560705793874119713751607174419362079302338385986706210336118771358215461
335411471521608734820982125614521653180819842394329545546345815310850124451420816234
0000008209821256145216531808198423943295455463458153108501244500
00000084710891316153016981872203127083566527067039245113631301400
Registry Image Gallery
Grade: MS 63
Points: 3023
Owner: Jeremy D.
 
Grade: MS 62
Points: 2079
Owner: 123cents
 
View the Registry Image Gallery

Related Articles

E Pluribus Unum, Part Two

8/17/2009 — In the second part of a new series, David W. Lange continues to de-mystify a great legend in numismatics.
View full article >
A Challenging Time for Coin Authenticators

8/11/2008 — Skip Fazzari looks at steady improvements in counterfeiting technique, and discusses why the 21st century is a challenging time for coin authenticators. Learn more about why it’s more important than ever to have your collectibles authenticated.
View full article >


NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.