Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 979
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
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1883 T$1 PF obverse 1883 T$1 PF reverse
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Description & Analysis

This was the final year for public sales of trade dollars, and all were coined as proofs. The two subsequent issues of 1884-85 were available only to those well-connected to the Mint.

Sales of the 1883 edition fell a bit from 1882, and it's likely that collectors were growing bored with this obsolete coin type that lacked legal tender status and, as a result, was now worth well below its nominal face value. The Mint was certainly weary of producing dies and planchets to sell a modest number of proofs annually when the mark-up was so slight. The nuisance that circulating trade dollars presented in commerce upset many government officials, and the continued coining of proofs ran counter to their efforts to eliminate the coin type altogether.

Though it is somewhat scarcer than most of the preceding issues of proof-only trade dollars, this year's edition is fairly available at the gem level. Certified Cameo pieces are fewer than for 1882, and Ultra Cameo examples are genuinely rare. It's possible that some of this mintage was destroyed after the end of the year.

There are no varieties worth noting, and interest by collectors is tepid at best.

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.

1883 T$1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - 1300 1400 1500 1600 1750 1900 2200 2600 3200 4500 8500 12000 27000 47000 - -
$ - - - - - - - - - 5350 - - - -
1883 T$1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 2400 3250 3900 4900 10000 16000 30000 65000 - -
$ - - - - - - - - - 6250 - - - -
1883 T$1 PF UC
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 9500 16500 - - - - -

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: 477
Low Grade: PrAg
Average Grade: 63
High Grade: 69

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, 67 series, 68 series, 69 series.
NGC CENSUS DETAIL Last Updated: 7/20/2021 1883 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1----1-1324822266713959261111-372
---------------1-1----2
--------------1122----6
-----------------------
Total1----1-1324822266814161291111-380
 0%----0%-0%1%1%1%2%6%7%18%37%16%8%3%0%0%- 
1883 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------6121724171413---103
---------------1-111--4
---------------1------1
-----------------------
Total------------61217261715141--108
 ------------6%11%16%24%16%14%13%1%-- 
1883 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------1-1----2
-----------------------
-----------------------
-----------------------
Total---------------1-1----2
 ---------------50%-50%---- 

NGC Registry

NGC Registry Score 1883 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base1824184718721941200820722113215422332308241725252699312634063783515862487960105151135412241
1832185518951963202920862127218022582344245325832841321935324241552168198812107951165012853
00000021272180225823442453258328413219353242415521681988121079500
00000021402207228323812489264129843313365747005885738996631107400
1883 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base1954198020042078214722152259230223852464257826852885334038175049632467498383111331200712932
1963198820292101217022302273233024112502261427523037349942285474646672949300114241231513579
00000022732330241125022614275230373499422854746466729493001142400
000000228823572438254026492818318836584638589966077838102161171600
1883 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base173017531776184319071969200920482124219723022401258528073103352548175563765193791015010968
173817611798186419281982202220732148223223352462265929063244395650666259822796361042311516
0000002022207321482232233524622659290632443956506662598227963600
0000002035209921732267236825242733300433844386531469558803989300
Registry Image Gallery
Grade: PF 67 CAMEO
Points: 7960
Owner: NW Collections
 
Grade: PF 67 CA
Points: 7960
Owner: SLUGGO
 
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.