Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Carson City
Mintage: 97,000
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $19.94 (7/26/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1878 CC T$1 MS obverse 1878 CC T$1 MS reverse
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Description & Analysis

Treasury Secretary John Sherman believed the trade dollar to be an abomination, and he informally ordered a halt to their distribution in October of 1877. This action proved unenforceable, as the mints already had existing deposits to fulfill. Production resumed for the time being, but Sherman struck back on February 22, 1878 with a more formal command to halt their production and sale. The Carson City Mint had already coined 97,000 pieces in anticipation of continued demand, but only a portion of these were already committed to depositors of silver. The remaining 44,148 coins were withheld from release and destroyed on July 19, leaving a net mintage of 52,852 pieces.

As a consequence, the 1878-CC trade is very scarce in any grade, with the popular chop-marked specimens being rare. The number of Mint State survivors is a bit high in relation to the total population, but gems are quite rare.

All 1878-CC trade dollars have the Tall CC mintmark. Three positional varieties are known, with the one having its mintmark centered above letters DO of DOLLAR being rare.

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.

1878 CC T$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 675 1050 1450 3350 4900 6250 7500 10000 13750 17000 19000 24500 34500 91500 190000 200000 - - - -
$ - - - - 14400 - - - 47500 - - - - -

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: 98
Low Grade: VG
Average Grade: 50
High Grade: 66

The chart showing 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: 7/20/2021 1878 CC T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--4222518226121728511----98
-----------------------
--------------1-------1
-----------------------
Total--4222518226121729511----99
 --4%2%22%5%18%2%2%6%12%1%7%2%9%5%1%1%---- 

NGC Registry

NGC Registry Score 1878 CC T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base9831177130515432388323735853890476952355827617165717283774011413141521556017635199072239025095
10471219138418242671335336864183492454325941630468087435896412326146211625118392207342329126350
000000368641834924543259416304680874358964123261462116251183922073400
0000003788447650795629605664377045758710188132391509016943191492156200
1878 CC T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base9251110123314612274309434313726457850315606593963297022746611047137231510017129193552178724438
9871151130917322547320635294010472952235717606965607170866011939141821577617871201662267125660
000000352940104729522357176069656071708660119391418215776178712016600
000000362842944880541458286199679173189853128311464116453186132097600
Registry Image Gallery
Grade: XF 45
Points: 3431
Owner: Jeremy D.
 
Grade: XF Details
Points: 1547
Owner: ElizabethJinks
 
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.