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1873 Trade Dollar

Strike Type
1873 Trade Dollar

Coin Details

Year
1873
Denomination
Dollar
Mint Mark
P
Strike Type
Regular Strike
Series
Trade Dollars 1873-1885
Designer
William Barber
Mintage
396,635
Composition
90% Silver, 10% Copper
Weight
27.2g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$244 - $3,550

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$60,000 MS66 05-08-2022 Heritage Auctions

Description

The 1873 Trade Dollar is a dollar produced at the Philadelphia Mint as part of the Trade Dollars 1873-1885 series. With a mintage of 396,635, this is a scarce issue — ranked 2nd of 3 mint variants by mintage, with 32% of production. The obverse features Liberty seated facing left, holding an olive branch extended to the viewer, with a sheaf of wheat behind and the reverse displays an eagle perched on a bale of goods, with an olive branch and three arrows. First year of the Trade Dollar, authorized under the Coinage Act of 1873 to compete with the Mexican peso in Asian silver markets. At 420 grains, it was deliberately heavier than the standard silver dollar. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $244 to $3.5K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 27.2 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7031.

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