Coin Specifications

Category: Trade Dollars (1873-1885)
Mint: Philadelphia
Mintage: 10
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

1884 T$1 PF obverse 1884 T$1 PF reverse
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Description & Analysis

The U. S. Mint did not offer proof trade dollars for sale in 1884, and yet a handful of examples exist. A single pair of dies for this issue was furnished by the Philadelphia Mint's Engraving Department on January 3 of that year, and shortly thereafter copper trial strikes were struck. A total of 264 proofs were delivered to the mint's cashier on the 19th, and presumably these were all silver pieces. Before any were distributed, however, instructions were received from Washington to discontinue production of trade dollars for sale to collectors. Nevertheless, some ten proof sets including the trade dollar were acquired by the well-connected Philadelphia coin collector/dealer William Idler, probably with the assent of Philadelphia Mint Superintendent A. Loudon Snowden. On January 2 of the following year the sole pair of dies created for 1884 trade dollars was destroyed along with all other obsolete dies.

Though the existence of this date was rumored at the time, collectors remained in the dark about this emission for more than 20 years. It was not until 1908 that dealer John W. Haseltine, Idler's son-in-law, announced that he had found 10 1884 proof sets and five 1885 sets containing trade dollars within Idler's collection. In reality, these were known to him all along, and he and partner Stephen K. Nagy already had secretly sold five of the 1884 edition to Virgil Brand.

Given its great rarity and value, the 1884 trade dollar is an entry in the series that will forever be exclusive to very well-heeled collectors. Coin albums for this series have never included the 1884-85 issues.


GRADE SUMMARY

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Price Guide

Last Updated: 8/20/2019

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

1884 T$1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 180000 225000 285000 425000 580000 1300000 1500000 - - - -

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: 7
Low Grade: 63
Average Grade: 64
High Grade: 66

The chart showing 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 7/20/2021 1884 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------14-1----6
-----------------------
-----------------------
-----------------------
Total--------------14-1----6
 --------------17%67%-17%---- 
1884 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------1-------1
-----------------------
-----------------------
-----------------------
Total--------------1-------1
 --------------100%------- 

NGC Registry

NGC Registry Score 1884 T$1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333333333333333
3333333333333333333333
0000003333333333333300
0000003333333333333300
1884 T$1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333333333333333
3333333333333333333333
0000003333333333333300
0000003333333333333300
1884 T$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333333333333333
3333333333333333333333
0000003333333333333300
0000003333333333333300
Registry Image Gallery
Grade: PF 63 CAMEO
Points: 0
Owner: Simpson
 
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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.