- USA Coin Book
- 1885-P : Proof Only
1885 Trade Dollars : Proof Only
Early Silver Dollars
Metal Composition: 90% Silver - 10% Copper
Diameter: 38.1 mm
Mass / Weight: 27.22 grams
What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
1885 Trade Silver Dollars were struck only as Proof coins and only 5 of these coins were ever produced and were intended for collectors. This coin wasn't known to exist until almost 25 years after they were minted. The first of these coins (Granberg Specimen) appeared at auction in 1913 and only sold for $1140. All of these coins are known to exist after 1954. This is one of the rarest and most valuable of all US coins ever made! Each coin is valued well over $1 million each. A recent auction in 2006 for the Atwater specimen sold for $3.3 million by Heritage Auction Galleries. Source of example image above is courtesy of Stack's Bowers.
USA Coin Book estimated value of 1885 Trade Silver Dollar (Proof Only Variety) is worth $2,032,807 or more. Click here to learn how to use coin price charts. Also, click here to learn about grading coins. The Melt Value shown below is how valuable the coin's metal is worth (bare minimum value of coin). Click here to see the Melt Value of every US coin.
MELT VALUE: $13.00
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