1921 - 1950  Prices

 

John Zug, of Bowie, Maryland, who had one of the largest stocks of any dealer in the 1920s, 1930s, and 1940s, advertised in the February 1921 issue of The Numismatist that he could supply each date of Proof trade dollar from 1873 to 1883 for $1.75 each.

 

B. Max Mehl’s sale of the Hon. James H. Manning Collection, May 17, 1921, was sprinkled with mintmarks. Mehl departed from tradition here and discussed mintmark positions for certain dates.

1873 Unc. $2.00.

1873-S Good. $1.25.

1874 Br. Proof. $1.75.

1874 Unc., but light scratches on obverse. $1.25.

1874-CC VG. $1.25.

1875 Perfect Br. Proof. $2.25.

1875 Another just as last. Br. Proof. $1.75.

1875-S VG. $1.00.

1875-CC Wide CC. VG. $1.10.

1876 Unc. $1.65.

1876 VF. $1.00.

1876-S Fine. $1.00.

1877 Br. Proof. $1.75.

1877 Unc. Frosty mint lustre. $1.00.

1877-S AU. $1.00.

1877-S VG. (Total: 3 pieces) $1.00.

1878-CC CC over and to right of D. Practically Unc. $2.60.

1878-S Bright semi-proof. $1.00.

1878-S EF. $1.00.

1879 Proof. $2.10.

1880 Sharp Br. Proof. $2.10.

1880 Br. Proof. (Total: 2 pieces) $1.75 each.

1880 Proofs. (Total: 2 pieces) $1.25 each.

 

John Zug offered these trade dollars in The Numismatist, September 1921:

1873 Proof. $2.00.

1874 Proof. $2.00.

1874-S Unc. $2.00.

1875 Proof. $2.00.

1875-CC Unc. $3.75.

1876 Proof. $2.00.

1877 Proof. $2.00.

1877-CC Fine. $4.50.

1877-S Unc. $2.00.

1878 Proof. $2.00.

1878-S Unc. $2.00.

1879 Proof. $2.00.

1880 Proof. $2.00.

1881 Proof. $2.00.

1882 Proof. $2.00.

1883 Proof. $2.00.

B. Max Mehl’s sale of the Langfelder & Jaedicke Collections, November 22, 1921, included a little hoard of 1880 Proofs.

1873-CC EF. $1.10.

1874 Br. Proof. $1.75.

1874-CC Good, surface slightly rough. $1.50.

1875-CC About Fine. $1.65.

1876 Br. Proof, partly wire edge. $1.80.

1877 Purple Proof. $1.75.

1878 Br. Proof. $2.00.

1879 Br. Proof. $2.00.

1880 Proof. $2.10.

1880 Proof. (Total: 2 pieces) $1.00 each.

1880 Proof. (Total: 3 pieces). $1.00 each.

1882 Br. Proof. $1.75.

1883 Br. Proof. $1.75.

 

In the July 1923 issue of The Numismatist, Edward Flieder offered Proof trade dollars from 1874 through 1883 for $1.75 each. The first year of issue, 1873, was absent from the listing. As can be seen from advertisements and auction prices to this point, there was little or no differentiation in price among different dates of Proof trade dollars of the 1873-1883 era, although occasionally a specific date such as 1873 or 1878 would be singled out for attention.

 

B. Max Mehl’s sale of the E.E. Wright Collection, March 10, 1925. In the catalogue, Mehl made ample use of the adjective "scarce":

1873 Proof. Scarce. $2.25.

1873-S Small S. Unc., frosty mint lustre. Scarce. $1.50.

1874 Proof, not in full brilliancy. Scarce date. $2.60.

1874-CC Wide CC. VG. Scarce. $1.50.

1875-CC Wide CC. Fine. Scarce. $1.50.

1876 AU. $1.60.

1877 Proof. $2.10.

1878 Proof. Scarce. $2.00.

1879 Br. Proof. $2.10.

1880 Proof, slightly purple surface. $1.90.

1881 Proof. $2.10.

1882 Br. Proof. $2.10.

1883 Proof, almost in full brilliancy. Scarce. $1.90.

B. Max Mehl’s sale of the Mose Marcuson Collection, October 20, 1925, saw the highest realization go to a "box dollar" (1876 locket) of the type that was a popular souvenir at the World’s Columbian Exposition.

1873 VF. $0.80.

1874 VF. $0.80.

1875-S Fine. $1.30.

1876 AU. $1.10.

1877-S Good. $0.75.

1877-S Fine. $1.00.

1878-S Good. $0.75.

1878-S Fine. $1.00.

1876 Made into a locket. Requires two coins to make. Good. $3.50.

1879 Proof. $1.75.

1880 Br. Proof. $1.75.

1881 Br. Proof. $2.10.

1882 Br. Proof. $2.00.

1883 EF, struck as Proof. $1.85.

 

In advertisements in The Numismatist during the early twentieth century, little was ever mentioned about trade dollars. They were of low value, and virtually no one wasted print on them. Commentary was sparse. However, an interesting exception is furnished by a listing of the New York Coin & Stamp Company (David Proskey) in the January 1928 issue. To my knowledge, this is the first advertisement that endeavored to educate collectors concerning the history and numismatic appeal of the series:

United States Silver Trade Dollars:

The Act of Congress taking effect April 1st, 1873, made the trade dollar of 420 grains weight legal tender, together with all minor silver coins to the value of $5, and any owner of silver bullion could deposit it in any mint to be coined into trade dollars only. All preceding laws relative to dollars were repealed, and in effect abolishing the old 412 1/2-grain dollar. The premium of all gold and silver at that time prevented the common use of either metal as currency, east of the Rocky Mountains, until February 1878, when bullion silver ceased to be received at the mints for trade dollar coinage, the Philadelphia Mint stopping their coinage for circulation December 1877, and San Francisco in April 1878. The total coinage having been nearly $36,000,000, of which nearly $26,000,000 were exported in addition to $5,000,000 held mainly by banks in California, after demonetization.

Those struck at the Philadelphia Mint in 1878, and all succeeding years until 1883, a few hundred each year, were only for the Proof sets made for coin collectors, and sold in the mint at about 50% profit. Great quantities of the currency issues have since been turned into bullion bars and minor coins, and it is doubtful if $500,000 of all issues could be gathered in the entire world. Therefore, taking into consideration the scarcity of some dates, they are the cheapest U.S. coins ever issued.

NOTE—After word "GRAINS" sometimes a period, others a comma, on same date and mint.

1873 VF, $1.50; Uncirculated, $2.00; Proofs, $4.00.

1874 VF, $2.00; Uncirculated, $2.50; Proofs, $5.00.

1875 VF, $1.50; Uncirculated, $2.00; Proofs, $4.00.

1876 VF, $1.50; Uncirculated, $1.75; Proofs, $3.00.

1877 VF, $1.25; Uncirculated, $1.50; Proofs, $4.00.

1878 VF, $1.00; Uncirculated, $1.50, Proofs, $6.00. (Only 900 coined in Philadelphia.)

1879 only 1,541 coined, all Proofs, $4.50.

1880 only 1,987 coined, all Proofs, $4.50.

1881 only 960 coined, all Proofs, $6.00.

1882 only 1,087 coined, all Proofs, $4.00.

1883 only 979 coined, all Proofs, $5.00.

In addition to providing a commentary about the trade dollar series, the preceding advertisement is typical in that it ignores mintmarks. The listing "1878 VF, $1.00; Uncirculated, $1.50; Proofs, $6.00," referred to 1878-S coins for the VF and Unc. categories and Philadelphia Mint coins for the Proofs. Probably, David Proskey might have even sold an 1878-CC in Uncirculated grade for $1.50 if he had one for, as noted earlier, many dealers did not pay attention to mintmarks. Proskey’s prices for Proofs seem to be higher than typical listings and prices realized of the time. However, it is probably the case that the coins were gems. Proskey had an immense stock of nineteenth century Proof coins, including unsold remainders from the Mint. In the 1930s, many of these went to Wayte Raymond.

 

In the February 1928 issue of The Numismatist, Barney Bluestone, a well-known dealer from Syracuse, New York, offered these trade dollars:

1874 Proof. $2.75.

1876 Proof. $2.25.

1877 Proof. $2.50.

1879 Proof. $2.85.

1881 Proof. $2.95.

 

In The Numismatist, February 1928, Ambrose J. Brown offered these two trade dollars:

1875-CC Unc. $2.25.

1880 Uncirculated [sic ] $1.50.

 

The Arnold Numismatic Company, of Providence, Rhode Island, offered the following trade dollars in The Numismatist, February 1928. It is virtually a certainty that the listings for 1876, 1877, and 1878 Uncirculated coins referred to San Francisco Mint pieces, not Philadelphia issues. At the time, some professional numismatists still ignored mintmarks!

1873 Unc. $1.50; Proof, $3.00.

1874 Unc. $2.25; Proof, $4.00.

1875 Unc. $1.50; Proof, $3.00.

1876 Unc. $1.50; Proof, $2.50.

1877 Unc. $1.50; Proof, $3.50.

1878 Uncirculated $1.50; Proof, $4.50.

1879 Proof, $3.50.

1880 Proof, $2.50.

1881 Proof, $5.00.

1882 Proof, $3.50.

1883 Proof, $4.00.

B. Max Mehl’s sale of the Alex J. Rosborough Collection, April 9, 1929, offered several trade dollars as follows. Over the years the adjective "purple" was used by Mehl to indicate Proofs with iridescent toning.

1873 First year of issue. VF, was a Proof. $2.10.

1876 Purple Proof. Getting scarce. $2.20.

1876-S Microscopic S. VF. $2.20.

1876-S Larger S. EF. $2.20.

1877-S AU. $1.00.

1879 Proof. $2.00.

1882 Purple Proof. Scarce. $2.40.

 

In The Numismatist, May 1930, Frederick C.C. Boyd offered the following trade dollars for sale. At the time, Boyd was a very active dealer and a major advertiser.

1873 Proof. $3.00.

1874 Proof. $3.00.

1875 Proof. $3.50.

1876 Proof. $3.00.

1877 Proof. $3.00.

1878 Proof. $3.00.

1879 Proof. $3.00.

1880 Proof. $3.00.

1881 Proof. $2.50.

1882 Proof. $2.50.

1883 Proof. $2.50.

 

B. Max Mehl’s sale of the Foster Lardner and H.N. Walton Collections, June 24, 1930, included several Proofs as follows:

1876 Br. Proof. $2.00.

1876 Another as last. Br. Proof. $2.40.

1877 Br. Proof. $2.00.

1879 Br. Proof. $2.20.

 

John Zug offered these trade dollars in the September 1930 number of The Numismatist:

1873 Proof. $2.50.

1873-S Unc. $2.50.

1874 Proof. $2.50.

1875 Proof. $2.50.

1875-CC Unc. $5.00.

1876 Proof. $2.50.

1876-CC, VF, $4.00.

1877 Proof. $2.50.

1877-S Unc. $1.50.

1878 Proof. $2.50.

1878-S Unc. $1.50.

1879 Proof. $2.50.

1880 Proof. $2.50.

1881 Proof. $2.50.

1882 Proof. $2.50.

1883 Proof. $2.50.

 

B. Max Mehl’s sale of the F.H. Knoop Collection, December 8, 1931, contained a date run of trade dollars. Among Proofs, the 1883 took top price at $2.50, followed by 1873 and 1878 tied at $2.25 each.

1873 Proof. Very scarce in Proof, as are all. $2.25.

1874 Proof. Slight spot on reverse. $1.90.

1875 Br. Proof. $1.75.

1876 Proof, with complete wire edge on obverse. $1.75.

1877 Fine. $1.75.

1878 Purple Proof. Scarce. $2.25.

1878-CC Good. $2.50.

1879 Proof. $1.75.

1880 Proof. $2.25.

1881 Proof. $1.60.

1882 Proof. $1.60.

1883 Proof. $2.50.

 

In the May 1932 issue of The Numismatist, Don Corrado Romano of Romano’s Coin Shop, Springfield, Massachusetts, took issue with dealers and collectors who claimed to work on a 10% margin:

In the last five years that I have been in the numismatic business I have found that it is impossible for any dealer to sell coins at less than 25% profit if he wants to make a legitimate profit.

He went on to say that people who sold for less gave unsatisfactory services, had poor selections, etc. Romano determined to fight the situation, said this in boldface print:

Out with the 10% dealer, unless he wants to work on a legitimate profit. I am listing for sale below, coins at less than 10% profit, or practically cost, and will keep on doing it if it takes every dollar that I have, in the hopes of getting…a small dealer to sell at a better profit, so that we can all make a living. As soon as I see coins selling at normal prices, I will do likewise. In the meantime, while the war on low prices is on, the collector will benefit, so come on collectors, and send some orders, for coins won’t be given away for very long at these prices.

Among the items he offered were these trade dollars:

1875-S Unc. $1.25.

1876-S Unc. $0.85.

1877-S Fine $0.75, Unc. $1.25.

 

In an advertisement in The Numismatist, February 1934, Ambrose J. Brown offered the trade dollars described below. This listing indicates that one of the more active dealers of the time had little on hand in the way of Uncirculated trade dollars from the branch mints. At the time there were no yearly price guides published (this would begin later in the same year, 1934), and nothing was in print concerning standard market values or the rarity of various trade dollars at different grade levels.

1873 VF. $1.10.

1873-CC VF. $2.25.

1873-S Fine. $1.50.

1874 Proof. $2.25.

1874-CC VF. $1.65.

1874-S Unc. $1.25.

1875 Unc. $1.50.

1875-CC VF. $1.25.

1875-S Unc. $1.50.

1876 Unc. $1.50.

1876-S EF. $1.10.

1877-CC Fine. $1.25.

1877-S Unc. $1.00.

1878 Proof. $1.50.

1878-S VF. $1.10.

1879 Proof. $1.60.

1880 Proof. $1.60.

1881 Proof. $2.10.

1882 Proof. $2.10.

 

John Zug advertised these trade dollars in The Numismatist, December 1934. Note that at the time there was still very little difference in value between a worn coin and an Uncirculated or Proof example. An 1873 cost $1.50 in VF grade and $3.50 Unc.; an 1875-CC cost $1.75 in well-worn Fine grade and only slightly more, $2.50, in Uncirculated preservation. Truly great differentials between grades did not occur until the 1960s.

1873 Proof $3.50; VF $1.50.

1873-S Unc. $4.50.

1873-CC Fine. $2.00.

1874 Proof $3.50; EF, $2.00.

1875 Proof $3.50; Unc., $2.25.

1875-CC Unc., $2.50; Fine, $1.75.

1875-S EF. $2.00.

1876 Proof $3.50; Unc. $1.50; VF. $1.25.

1876-CC VF $2.50; Fine, $2.00.

1877 Proof $3.00.

1877-CC Fine $3.50.

1877-S Unc., $1.50; VF $1.25.

1878 Proof $3.00.

1878-CC Fine. $3.50.

1878 Proof. $4.50.

1878-S Unc., $1.50.

1879 Proof. $3.00.

1880 Proof. $3.00.

1881 Proof. $3.50.

1882 Proof. $3.00.

1883 Proof. $3.00.

 

In the February 1935 issue of The Numismatist, F.C.C. Boyd advertised these trade dollars for sale. It is not known whether Boyd had specimens of 1884 and 1885, or was simply notifying readers that each is "very rare."

1873 Unc. $2.50, Proof $3.50.

1873-S VF $2.00, Unc., $10.00.

1873 CC VF $3.00; Unc., $6.75.

1874 Unc. $2.50, Proof $3.50.

1874-S VF $2.00, Unc. $5.00.

1874-CC VF $3.00, Unc., $6.75.

1875 Unc. $2.50, Proof $3.50.

1875-S VF $1.75, Unc. $5.00.

1875-CC VF $2.00, Unc. $3.25.

1876 Unc., $2.00; Proof, $3.50.

1876-S VF $1.50, Unc. $2.25.

1876-CC VF $2.50, Unc. $4.75.

1877 Unc. $2.00, Proof $3.50.

1877-S VF $1.50, Unc. $2.00.

1877-CC VF $4.50.

1878 Unc. [sic] $2.00, Proof $3.50.

1878-S VF $1.50, Unc. $2.00.

1878 CC VF $4.50.

1879 Proof $3.50.

1880 Proof $3.50.

1881 Proof $3.50.

1882 Proof $3.50.

1883 Proof $3.50.

 

Thomas L. Elder’s Sale of the Adams and Parker Collections, April 11-23, 1935, included the following trade dollars:

1873-S EF. $1.10.

1874 Br. Proof. $3.10.

1875 Br. Proof. $3.10.

1876 Br. Proof, 1877-S Fine. (Total: 2 pieces) $1.90 each.

1876-S EF. $1.10.

1877-S EF. $1.10.

1878 Proof. $3.70.

1878-S EF. $1.10.

1879 Br. Proof. $2.60.

1880 Br. Proof. $2.70.

1881 Br. Proof. $2.70.

1882 Br. Proof. $2.80.

1883 Br. Proof. $3.20.

 

The J.C. Morgenthau & Co. sale of December 21, 1937 offered this tempting item:

Complete set of Proofs 1873 to 1883. In special coin pages. Very scarce. $42.50.

 

The June 1939 issue of The Numismatist printed an advertisement from John R. Stewart, Milwaukee, Wisconsin, which included a number of high grade branch mint trade dollars. Little is known about Stewart, but he must have been a connoisseur of the series.

1873-CC Unc. $7.50.

1873-S Very rare, Unc. $17.50.

1874-CC Unc. $7,50.

1874-S Unc. $7.50.

1875-CC Unc. $5.00.

1875-S Unc. $3.50.

1876-CC Unc. $5.00.

1876-S Unc. $3.50.

1876 Proof $4.00.

1877-CC Unc. $7.50.

1877-S Unc. $2.50.

1878-S Unc. $2.50.

1882 Proof $4.00.

1883 Proof $4.50.

 

 

The J.C. Morgenthau Sale of October 5-6, 1939, catalogued by Wayte Raymond and James G. Macallister, included the following trade dollars, mostly Philadelphia Mint Proofs, but with memorable specimens of 1873-S and 1874-CC.

1873-S Unc., very rare in this condition. $7.00.

1874-CC Unc., Proof surface. $7.50.

1874 Br. Proof. $4.50.

1875 Br. Proof. $3.50.

1876 Br. Proof. $3.50.

1876 Br. Unc. $2.75.

1877 Br. Unc. $2.75.

1878 Br. Proof. $3.25.

1879 Br. Proof. $3.00.

1880 Br. Proof. $3.50.

1881 Br. Proof. $3.00.

1882 Br. Proof. $3.50.

1876, 1877, 1878, All S mint. Br. Unc., 3 pcs. $7.00.

 

The J.C. Morgenthau Sale of the George B. Hussey Collection, March 14, 1940, included this item:

Lot 136: "1873-1883 [trade dollars]. Complete set of Proofs. Choice lot in album pages. Scarce." $46.00.

 

In the April 1940 issue of The Numismatist, Frank MacNeill, Omaha, Nebraska, offered a nice selection of trade dollars in various grades:

1873-S Unc. Rare $13.50.

1874-S $4.75.

1875 Proof $5.25.

1875-S Unc. $3.50.

1876 Proof $4.75.

1876-S EF $1.75.

1877 Proof $5.25.

1877-S Unc. $2.00.

1878 Proof $4.50.

1878-S Unc. Proof surface $2.00.

1879 Proof $4.50.

1880 Proof $4.50.

1881 Proof $5.00.

1882 Proof $4.50.

1883 Proof $5.25.

 

B. Max Mehl’s sale of the William Forrester Dunham Collection, June 3, 1941. The Dunham set of trade dollars was complete by date and mint except for the 1877-CC and the exceedingly rare 1885.

1873 First year of issue. Perfect brilliant Proof. Very scarce and in demand. $6.10.

1873-CC VF. Very scarce. $10.50.

1873-S Strictly VG. Very scarce. $2.75.

1874 Perfect Br. Proof with wire edge. $5.25.

1874-CC VF, with some lustre. Scarce. $3.00.

1874-S EF, with some lustre. $1.90.

1875 Perfect Br. Proof. $5.25.

1875-CC About Fine. $2.40.

1875-S Nearly Unc., with frosty mint surface. Listed at $5.00. $2.75.

1876 Perfect Br. Proof. $5.50.

1876-CC Fine. $2.25.

1876-S Unc., with full frosty mint surface. Scarce so choice. $3.15.

1877 Perfect Br. Proof; wire edge. $5.25.

1877-S So-called Large S. Unc., with frosty mint surface; slightest cabinet friction. $2.85.

1877-S Microscopic S. Bright Unc. Very scarce. $3.15.

1878 Perfect Br. Proof. Only 900 struck. $5.75.

1878-CC About Fine; lightly nicked on obverse, hardly noticeable. Rare. $4.10.

1878-S Last year of issue. EF, with frosty mint surface. $2.35.

1879 Br. Proof. Only 1,541 coined. $5.75.

1880 Perfect Br. Proof. Only 1,987 coined. $5.25.

1881 Perfect Br. Proof. Only 960 coined. $5.75.

1882 Perfect Br. Proof. Only 1,097 coined. $5.65.

1883 Perfect Br. Proof. Only 979 coined. $5.65.

1884 Same type as regular issue. Beautiful perfect brilliant Proof. Only 10 specimens said to have been struck. Of excessive rarity. I know of one specimen which sold for $500.00. Considering the number of specimens minted and known, it is just about as rare as any U.S. silver dollar. This is one of the real great rarities of the dollar series. Obtainable only when great collections come on the market. $315.00.

 

Stack’s sale of October 22, 1943 offered a complete set of trade dollars through 1883 and was one of the finest quality groupings to be auctioned up to this point in time. The owner was obviously a connoisseur. Even so, while the Philadelphia Mint coins are all represented by Proofs, not all of the branch mint pieces were Uncirculated. There were three notable rarities: Uncirculated examples of 1873-S, 1876-CC, and 1878-CC.

1873 Br. Proof. $10.00.

1873-CC VF. $6.75.

1873-S Brilliant Unc., scarce. $22.00.

1874 Br. Proof. $9.00.

1874-CC AU. $7.50.

1874-S Brilliant Unc. $9.00.

1875 Br. Proof. $9.00.

1875-CC, VF. $6.50.

1875-S VF. $2.50.

1876 Br. Proof. $8.00.

1876-CC Brilliant Unc. $14.00.

1876-S Brilliant Unc. $4.00.

1877 Br. Proof. $8.50.

1877-CC edge nicks. VF, scarce. $5.50.

1877-S EF. $2.00.

1878 Br. Proof. $8.50.

1878-CC Brilliant Unc. $25.00.

1878-S Brilliant Unc. $4.00.

1879 Br. Proof. $6.00.

1880 Br. Proof. $6.00.

1881 Br. Proof. $9.50.

1882 Br. Proof. $6.50.

1883 Br. Proof. $10.00.

 

In the June 1944 issue of The Numismatist, the Celina Coin Company, Celina, Ohio, offered the following trade dollars for sale. These were acquired from the Virgil Brand estate via St. Louis dealer B.G. Johnson, and included the famous 1884 and 1885 rarities.

1873 Proof. $12.00.

1874 Proof. $10.00.

1875 Proof. $11.00.

1876 Proof. $8.50.

1877 Proof. $10.00.

1878 Proof. $9.00.

1879 Proof. $7.50.

1880 Proof. $7.50.

1881 Proof. $7.50.

1882 Proof. $7.50.

1883 Proof. $10.00.

1884 Very rare. $400.00.

1885 Excessively rare. $1,000.00.

 

The "World’s Greatest Collection" (F.C.C. Boyd Collection) sold by Numismatic Gallery, May 11-12, 1945, included a nearly complete set of trade dollar varieties 1873-1883, lacking just the 1878-CC. Why Boyd, who could have afforded them, did not have the 1884 and 1885 rarities is not known.

Frederick C.C. Boyd was the first prominent numismatist to collect business strikes of the same dates for which he also had Proofs, recognizing that Uncirculated and Proof coins represent different finishes and, thus, two collecting opportunities. Unfortunately for posterity, the catalogue descriptions are completely bereft of numismatic research information. How interesting it would be to know how long it took Boyd to find the Uncirculated 1873 Philadelphia Mint trade dollar or the 1875 in the same grade.

As most of the mintmark issues are just in average condition and probably were acquired without much effort, one can conjecture that Boyd first collected the Philadelphia Mint coins in Proof, then added Uncirculated Philadelphia coins (which must have required much time to find), and then as an afterthought added the mintmarks, by which time he concluded to stop expending much energy on the series. However, Boyd did own many high-grade mintmarks at one time, and offered them for sale (see February 1935 advertisement from The Numismatist quoted earlier). Presumably, this was before he desired to have them as part of his own collection.

1873 Br. Proof. $13.00.

1873 Unc. $4.50.

1873-CC EF. $11.50.

1873-S VG. $2.50.

1874 Beautiful steel-blue Proof. $13.00.

1874 Unc. $4.50.

1874-CC Unc. $19.00.

1874-S About EF. $6.50.

1875 Br. Proof. $15.00.

1875 Unc. $4.50.

1875-CC Unc. $13.00.

1875-CC Fine. $3.00.

1875-S Unc. $15.00.

1876 Br. Proof. $9.00.

1876 Unc. $4.00.

1876-CC About EF. $4.50.

1876-CC VF. $4.25.

1876-S Unc. $4.00.

1877 Br. Proof, turning purple. $10.00.

1877 Unc. $4.00.

1877-CC Fine. $3.00.

1877-S Unc. Steel blue. $3.50.

1878 Br. Proof. $13.00.

1878-S Unc. $3.50.

1879 Br. Proof, turning steel blue. $10.00.

1880 Br. Proof. $10.00.

1881 Br. Proof. $10.00.

1882 Br. Proof. Purple. $10.00.

1883 Br. Proof. Purple. $13.00.

 

The August 1945 issue of The Numismatist, printed the following advertisement for trade dollars by John Zug. Included are notable specimens of the 1873-CC and 1876-CC.

1873 VF $4.50, Proof $15.00.

1873-CC Unc. $17.50.

1874 Proof $15.00.

1874-CC Unc. $17.50.

1875 Proof $15.00.

1875-CC VF $10.00.

1876 VF $2.50, Unc. $5.00, Proof $12.50.

1876-CC Unc. $10.00.

1876-S VF. $2.50.

1877 VF $2.50, Unc. $3.50, Proof $12.50.

1877-S VF $2.50, Unc. $3.50.

1878 Proof. $12.50.

1878-S VF $2.50, Unc. $3.50.

1879 Proof $10.00.

1880 Proof $10.00.

1881 Proof $10.00.

1882 Proof $10.00.

1883 Proof $17.50.

 

B. Max Mehl’s sale of the William Cutler Atwater Collection, June 11, 1946, included a superb offering of trade dollars, absolutely complete by date and mint, indeed the finest ever auctioned up to this time. Replete with AU (Uncirculated with "cabinet friction") or better examples of the branch mints, and Proofs including the famous 1884 and 1885, the Atwater Collection remains is a landmark in trade dollar market history.

1873 Perfect Br. Proof with sharp wire edges. $15.00.

1873-CC Unc. with frosty mint surface. Just the barest touch of cabinet friction. $27.00.

1873-S Unc. with full mint lustre. $20.00.

1874 Br. Proof. $15.00.

1874-CC Br. Unc. with semi-proof surface. The field is slightly rubbed and has a small scratch to right of eagle on reverse. $20.00.

1874-S Unc. with full mint lustre. Just the very slightest trace of slight purple surface. $10.50.

1875 Br. Proof. Just barest hairline on obverse. $16.00.

1875-CC Unc. with full frosty mint surface. $13.50.

1875-S Unc. with frosty mint surface. Slight evidence of being handled with other coins. $10.

1876 Sharp Br. Proof. $12.50.

1876-CC Unc. with full mint lustre; slight Proof surface. $15.75.

1876-S VF. $3.50.

1877 Sharp Br. Proof. $12.80.

1877-CC Bright Unc. with frosty mint surface. $27.50.

1877-S Br. Proof. The field on obverse shows just the very slightest touch of cabinet friction. $15.

1878 Sharp Br. Proof. $15.50.

1878-CC Unc. with mint lustre. Just the very slightest touch of cabinet friction. $57.50.

1878-S Br. Unc. $8.40.

1879 Perfect Br. Proof, sharp. $12.50.

1880 Perfect Br. Proof. $11.50.

1881 Perfect Br. Proof. $13.75.

1882 Br. Proof, perfect. $13.25.

1883 Perfect Br. Proof. $15.

1884 Perfect Br. Proof. $800.00.

1885 Perfect brilliant gem Proof. $1,450.00.

 

In the January 1947 issue of The Numismatist, John Zug of Bowie, Maryland offered the following trade dollars for sale:

1873 Proof $17.50.

1874 Proof $20.00.

1876 Proof $15.00.

1877 Proof $17.50.

1877 Unc. $4.00.

1877 EF $2.50.

1877-S Unc. $3.50.

1877-S EF $2.50.

1878 Proof $17.50.

1878-S EF $2.50.

1879 Proof $15.00.

1800 Proof $15.00.

1881 Proof $17.50.

1882 Proof $17.50.

1883 Proof $20.00.

William Pukall of Union City, New Jersey offered trade dollars for sale in the February 1947 issue of The Numismatist. By 1947 he had been in business for over 30 years and had a wide following of mail order customers.

1873 EF $5.00.

1873-S AU. Very Rare $25.00.

1874-CC Unc. $35.00.

1875 Proof $19.00.

1875-S Unc. $15.00.

1875-CC EF $10.00.

1876 Proof $16.50.

1876 EF $4.75.

1876-S Unc. $6.50.

1876-S EF $5.00.

1877 Proof $16.50.

1877-S Unc. $6.50.

1877-S EF $5.00.

1878-S Unc. $5.00.

1878-S EF $4.00.

1878-S VF $3.25.

1879 Proof $15.00.

1882 Proof $15.00.

1883 Proof $20.00.

 

B. Max Mehl’s sale of the Will W. Neil Collection, June 17, 1947, included a set of trade dollars by date and mint complete through the rare 1884. The grades of the branch mints did not measure up to the Atwater coins sold the year before, but nonetheless the Neil cabinet was one of the finest of its era.

1873 Br. Proof, one hairline. $12.50.

1873-CC VF. $11.50.

1873-S Unc. $21.50.

1874 Br. Proof. $15.00.

1874-CC AU. $3.15.

1874-S Unc. $11.00.

1875 Br. Proof. $15.25.

1875-CC AU. $5.35.

1875-S Unc. $10.15.

1876 Br. Proof. $14.50.

1876-CC Unc., handling marks. $14.50.

1876-S AU. $6.30.

1877 Br. Proof. $13.00.

1877-CC EF. $3.15.

1877-S Unc. $2.25.

1878 Br. Proof; hairlined. $14.

1878-CC Fine. $22.50.

1878-S Unc. $5.25.

1879 Br. Proof. $13.25.

1880 Br. Proof. $15.00.

1881 Br. Proof. $14.25.

1882 Br. Proof. Tiny spot on obverse. $13.25.

1883 Br. Proof. $15.00.

1884 Perfect Br. Proof. $551.00.

The Dr. Charles W. Green Collection sold by B. Max Mehl on April 26, 1949, included the following trade dollars. The Proof 1873 is notable for its absence; same for the Proof 1883. Branch mint coins are incomplete and lack issues of 1873 and the 1878-CC.

1873 EF. $5.50.

1874 Perfect Br. Proof. $10.00.

1874 AU. $5.00.

1874-CC EF. $6.30.

1874-S VF. $5.00.

1875 Perfect Br. Proof. $15.00.

1875 EF. $3.00.

1875-CC EF, marks. $8.00.

1875-S Unc. $11.50.

1876 Perfect Br. Proof $14.75.

1876 AU. $4.20.

1876-CC AU. $12.60.

1876-S AU. $5.25.

1877 Perfect Br. Proof. $10.50.

1877 AU. $3.55.

1877-CC EF. $7.50.

1877-S "Semi-Proof." $5.75.

1878 Perfect Br. Proof. $13.00.

1878-S EF. $4.50.

1879 Perfect Br. Proof. $13.00.

1880 Perfect Br. Proof. $14.50.

1881 Br. Proof. $10.50.

1882 Perfect Br. Proof. $12.50.

 

B. Max Mehl’s Golden Jubilee Sale, May 23, 1950, contained a complete set of trade dollars by date and mint, including the formidable 1884 and 1885 rarities.

1873 Perfect Br. Proof gem. $21.00.

1873-CC AU. $31.00.

1873-S Unc. with brilliant mint lustre. Tiny hairlines and pin-point nick on reverse as a result of having been handled with other coins, but the coin was certainly never in circulation. $33.00.

1874 Perfect Br. Proof. Partly wire edge. $18.25.

1874-CC Br. Unc. $32.50.

1874-S Unc. with full mint lustre. $11.00.

1875 Perfect Br. Proof. $21.00.

1875-CC Br. Unc. $15.50.

1875-S Br. Unc. with full mint lustre, sharp and perfect. $16.00.

1876 Perfect Br. Proof. $18.25.

1876-CC AU. $16.00.

1876-S Unc. with full mint lustre. $8.25.

1877 Perfect Br. Proof, partly wire edge. $17.25.

1877-CC AU. $31.00.

1877-S Microscopic S. Brilliant mint condition. $6.25.

1878 Perfect Br. Proof; wire edge. $16.50.

1878-CC Unc., or practically so. The field and very highest portions show just the very slightest touch of cabinet friction, but it has considerable lustre. $52.50.

1878-S Br. Unc. $7.25.

1879 Perfect Br. Proof. $14.25.

1880 Perfect Br. Proof. $14.25.

1881 Perfect Br. Proof. Raised borders. A gem coin. $18.50.

1882 Perfect Br. Proof. $18.50.

1883 Perfect Br. Proof. $21.00.

1884 Perfect Br. Proof gem. $760.00.

1885 Perfect Br. Proof gem. $1,450.00.

 

The Adolphe Menjou Collection sold by Numismatic Gallery (Abe Kosoff and Abner Kreisberg), June 15-17, 1950. Menjou was a well-known movie star of the era. While he had an interest in numismatics, it is believed that many of the coins in the catalogue bearing his name are believed to have been the property of other consignors. The offering of trade dollars was complete by date and mint and included the famous 1884 and 1885. Here is another landmark sale in the annals of trade dollar history.

As is the norm for even the most extensive trade dollar sets, the branch mint pieces were mostly in worn grades. Even collectors who could afford just about anything were not able to acquire Mint State specimens of such issues as 1873-CC, 1873-S, 1876-CC, and 1878-CC. As obvious as the situation is today to the numismatic researcher, relatively little attention was paid in print to the rarity of these pieces a few decades ago. Condition censuses, population reports, and detailed studies awaited another generation of enthusiasts.

1873 Br. Proof with a few light hairlines. $14.50.

1873-CC VF. $7.50.

1873-S VF. $4.50.

1874 Br. Proof, sharp wire edge. $14.00.

1874-CC VF. $7.00.

1874-S AU. $5.00.

1875 Br. Proof, wire edge. $20.

1875-CC Fine-VF. $3.75.

1875-S Fine. $3.00.

1876 Br. Proof. $13.00.

1876-CC Unc. $14.00.

1876-S AU. $5.00.

1877 Br. Proof. $15.00.

1877-CC VG. $6.00.

1877-S Unc. $6.00.

1878 Br. Proof. $18.00.

1878-CC Fine. $17.50.

1878-S Unc. $7.00.

1879 Br. Proof. $13.00.

1880 Br. Proof. $13.00.

1881 Br. Proof, sharp. $13.00.

1882 Steel-blue Proof. $13.00.

1883 Br. Proof. $19.00.

1884 Br. Proof Gem. $765.00.

1885 [No grade listed.] $1,350.00.