Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 960
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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1881 T$1 PF obverse 1881 T$1 PF reverse
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Description & Analysis

When instant profits failed to materialize from the proof-only trade dollars of 1880, collectors scaled back their purchases this year. Still, the nearly 1,000 1881 proof trade dollars sold was a figure well above those for proofs of 1873-77.

This is yet another relatively common issue among proofs of the coin type, but it is still eagerly sought for its proof-only status. Most survivors fall short of the PF-65 grade, but gems are available to satisfy more advanced collectors. Certified Cameo examples have likewise been certified in sufficient quantity, but Ultra Cameo pieces were rare when new and are even more so today.

For much of this issue the dies were not set in perfect parallel, resulting in weakness at Liberty's and the adjacent stars, as well as some weakness evident opposite these features in the lowermost letters of TRADE DOLLAR. Quoting Walter Breen's work, Q. David Bowers noted in his 1993 dollar encyclopedia that some coins have slight doubling on their reverse. From the description provided this is likely just strike doubling, but little interesting is shown in varieties among proof collectors.

GRADE SUMMARY

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Price Guide

Last Updated: 6/19/2019

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

1881 T$1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 1200 - - 1750 1900 2200 2600 3300 4100 8500 12000 25000 40000 - -
$ - - - - - - - - - 4875 - 14000 - -
1881 T$1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 2400 2900 3700 4900 10000 17500 33000 64000 - -
$ - - - - - - - - - 6000 - - - -
1881 T$1 PF UC
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 6250 13500 25000 - - - -
$ - - - - - - - - - - 22500 - - -

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: 410
Low Grade: VF
Average Grade: 63
High Grade: 67

The chart showing 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, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 7/20/2021 1881 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----11-1114132036578740198---289
-----------------------
---------------21-----3
-----------------------
Total----11-1114132036578941198---292
 ----0%0%-0%0%0%1%4%7%12%20%30%14%7%3%--- 
1881 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------16152129181411---115
----------------13-2--6
-------------113------5
------------------1---1
Total-----------161622321917122--127
 -----------1%5%13%17%25%15%13%9%2%-- 
1881 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1---11-3----6
-----------------1----1
--------------1---1---2
-----------------------
Total----------1---21-41---9
 ----------11%---22%11%-44%11%--- 

NGC Registry

NGC Registry Score 1881 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base684709735762789817844874903124316341848195922242632347148025354656785411092542940
6927187447717988268548841016137317051885204723602912391549865758722593362159745087
00000085488410161373170518852047236029123915498657587225933600
000000864893113015041777192221362496319143585170616378831013000
1881 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base8608899209519831016105010841118151519652211233726383101404455276139721093221185947715
87089993096299410271061109512501665204722532437279234154538573164967914101682381150101
00000010611095125016652047225324372792341545385731649679141016800
00000010731107138318152129229525382947373050335935685386181101300
1881 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base584607629653676701727752779108514381634173519772352312643614876632482471057140628
592614637661684710735761881120315031668181621022610353845335359696590222059042659
0000007357618811203150316681816210226103538453353596965902200
0000007447709831320156917011896222728683949470458417606979600
Registry Image Gallery
Grade: PF 68 CA
Points: 9336
Owner: SLUGGO
 
Grade: PF 67 CAMEO
Points: 7883
Owner: Simpson
 
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.