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The 1881 NGC PF 67 ULTRA CAMEO Trade Dollar is a rare and highly coveted American numismatic treasure. Struck at the Philadelphia Mint, this proof-only silver dollar boasts a composition of 90% silver and 10% copper, with a weight of 27.22 grams and a classic diameter of 38.1 mm. Only 960 proof specimens were produced for collectors, making 1881 one of the lowest-mintage years for Trade Dollars and ensuring premium demand among those seeking truly special pieces.
The PF 67 grade from NGC certifies this coin as having nearly flawless surfaces and exceptional eye appeal, while the ULTRA CAMEO designation highlights the dramatic contrast between mirror-like fields and frosted, sculpted devices. The obverse, designed by William Barber, features Lady Liberty seated atop a bale of goods, holding an olive branch toward the horizon—symbolizing peace and global commerce. The reverse shows a majestic eagle clutching arrows and an olive branch, embodying America’s strength and diplomatic aspirations.
Ultra Cameo proofs from this era are especially admired for their bold, deep mirrors and thick frost, making every detail pop. Both numismatists and investors are drawn to the mystique and elegance of these coins, which reflect the heyday of American silver trade and artistry. With so few surviving in anything approaching gem condition, a PF 67 Ultra Cameo is a showstopper—an item that stands out in any high-end collection.
These proofs did not circulate, and their pristine preservation is a testament to careful stewardship and the exquisite skills of Philadelphia’s mint engravers. Decades later, the 1881 NGC PF 67 ULTRA CAMEO Trade Dollar remains a dazzling example of what American coinage can achieve: a piece that still glimmers with proof brilliance from a transformative age in global trade.