Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: San Francisco
Mintage: 4,162,000
Obverse Designer: William Barber
Reverse Designer: William Barber
Composition: Silver
Fineness: 0.9000
Weight: 27.2200g
ASW: 0.7876oz
Melt Value: $19.92 (7/26/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

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

The order to halt production of trade dollars came on February 22, 1878, but at that time the San Francisco Mint already had deposits of silver for this coin amounting to millions of ounces. It was not until April that the last of these committed coins was produced, and the further striking of trade dollars was thereafter limited to proofs until the series was discontinued by law in 1887.

The 1878-S edition is among the most commonly seen of trade dollars across all grades. Mint State coins are plentiful, as well. While gems certainly are not common in an absolute sense, this issue and 1877-S account for most of the high grade pieces known.

All 1878-S trade dollars display the Large S mintmark. A couple of doubled-die reverse varieties may be found and some popularity beyond just those specializing in the trade dollar series.

GRADE SUMMARY

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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.

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Price Guide

Last Updated: 6/17/2019

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

1878 S T$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 125 175 200 250 350 400 435 530 680 900 1050 1350 1900 2600 11000 25000 62500 270000 - -
$ - - 480 560 740 - - - 2600 3700 14000 30000 - -
1878 S T$1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 2100 2300 - - - - - - - -

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: 1362
Low Grade: PrAg
Average Grade: 53
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: 7/20/2021 1878 S T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base410172517712411944581361812612911889642410----1355
-------------1-1------2
----------1--2131-----8
-----------------------
Total410172517712411944581361822612912190682510----1365
 0%1%1%2%13%9%9%3%4%10%13%2%9%9%7%5%2%1%---- 
1878 S T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------141-1------7
-----------------------
-----------------------
-----------------------
Total-----------141-1------7
 -----------14%57%14%-14%------ 

NGC Registry

NGC Registry Score 1878 S T$1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base9831177130515432388323735853890476952355827617165717283774011413141521556017635199072239025095
10471219138418242671335336864183492454325941630468087435896412326146211625118392207342329126350
000000368641834924543259416304680874358964123261462116251183922073400
0000003788447650795629605664377045758710188132391509016943191492156200
1878 S T$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base248317456502532667729787114213341580172518171953270531855478732410263117961349215362
271363471512577688748905120614161628175618622204286539496093830410774123611411516130
0000007489051206141616281756186222042865394960938304107741236100
00000076810241270149816771786190824543025471467099283112851292700
Registry Image Gallery
Grade: MS 61 PL
Points: 6571
Owner: Anthony Klick
 
Grade: MS 63
Points: 2705
Owner: JTO
 
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.