Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Carson City
Mintage: 1,373,200
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $19.93 (7/26/2021)
Diameter: 38.1mm
Edge: Reeded
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1874 CC T$1 MS obverse 1874 CC T$1 MS reverse
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Description & Analysis

In a year when its production of other denominations was rather small, the Carson City Mint struck well over a million trade dollars. In fact, only the following year saw a larger number of CC trades. Just small batches of four or five figures were produced each month until August, when production really too off. The numbers advanced steadily from 145,000 pieces that month to a peak in December with some 240,000 trade dollars struck.

Most of these coins were shipped to the Orient, as was the intention when authorized by Congress. Trade dollars of various nations circulated to some extent there as late as the 1940s, mostly being traded in bulk as just so much silver bullion. The newly established People's Republic frowned on the use of gold and silver in trade, and these coins began to be surreptitiously smuggled out to the West. Large numbers were repatriated to the United States in the 1950s, but most of these coins were worn, damaged and/or chop marked. Nice circulated examples are very scarce, as are Mint State coins of average quality. Gems are extremely rare, probably more so that the certified populations suggest.

Three different sizes/styles of the CC mintmark were used for this year's production. Trade dollars are not widely collected by varieties, but such naked eye distinctions make them rather appealing.

GRADE SUMMARY

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Price Guide

Last Updated: 6/17/2019

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

1874 CC T$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 240 315 450 550 1000 1100 1300 1700 2250 3100 3400 4750 6000 16500 42500 90000 - - - -
$ - - 1350 1850 2950 - - - 9750 28500 - - - -
1874 CC T$1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 4100 - - - - - - - - - -

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: 263
Low Grade: PrAg
Average Grade: 58
High Grade: 65

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.
NGC CENSUS DETAIL Last Updated: 7/20/2021 1874 CC T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1-111028710304116464927112-----262
-----------------------
-------------2--------2
-----------------------
Total1-111028710304116465127112-----264
 0%-0%0%4%1%3%3%4%11%16%6%17%19%10%4%1%----- 
1874 CC T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------1----------1
-----------------------
-----------------------
-----------------------
Total-----------1----------1
 -----------100%---------- 

NGC Registry

NGC Registry Score 1874 CC T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base46357570578710211284136914502019231526892905314934704370522493711155813229150731710019323
500618732865110813121396163921172439276129863256377046546606101001211513843157481784120289
00000013961639211724392761298632563770465466061010012115138431574800
00000014231829221625642833306733634070493979881082912672144581642400
1874 CC T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base46357570578710211284136914502019231526892905314934704370522493711155813229150731710019323
500618732865110813121396163921172439276129863256377046546606101001211513843157481784120289
00000013961639211724392761298632563770465466061010012115138431574800
00000014231829221625642833306733634070493979881082912672144581642400
Registry Image Gallery
Grade: AU 55
Points: 2315
Owner: Jeremy D.
 
Grade: AU 53
Points: 2019
Owner: Luckyliska
 
View the Registry Image Gallery

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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.