A Japanese silver trade dollar, detailed '420 Grains 900 Fine', a Japanese silver one yen, detailed '416 900', and another coin. Hammer price: £550. ( Plus. The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia.The idea first came about in the 1860s, when the price of silver began to decline due to increased mining efforts in the western United States.A bill providing in part for the issuance of the trade dollar was eventually put The United States trade dollar is a silver (fineness of .900 or 90%) dollar coin that was issued by the United States Mint and minted in Philadelphia, Pennsylvania, Carson City, and San Francisco from 1873 to 1885. Business strike trade dollars were last produced in 1878 and proof coin production continued until 1885. Trade silver dollars were produced at three different mints: Philadelphia (no mint mark), Carson City (CC) and San Francisco (S). As illustrated in the picture link below, the mint mark is located on the reverse of the coin, near the bottom just above the words "TRADE DOLLAR". Photo of the Trade Silver Dollar Mint Mark Location; Trade Silver Trade Dollar History. The Trade Dollar coin is a silver coin minted by the US Mint between 1873-1883, being a competitor for the popular Asian silver trade coins and the Mexican peso. The Chinese were very reluctant to make any design changes to these popular coins and hesitated to accept the new ones. The Trade Dollar might have achieved its purpose for many years had it not been for events in America. By 1876, mine owners in western states were dumping massive amounts of silver onto the market, sending the silver price into a tailspin, dropping the intrinsic metal value of a Trade Dollar to levels as low as 80 cents.
11 Jan 2020 It became necessary to produce a special dollar for trading in the British Colony when the price of Silver rose rapidly in value between 1875 and Issued by The East India Company, this modern reproduction of the Trade Dollar has been re-issued in Pure Silver and strictly limited to just 2500 coins. Here is a fantastic very detailed history of the US 1873-1885 Trade Dollar. We have histories of all US coins here.
14 Feb 2020 Iconic design based on the original British Trade Dollar silver coin. Contains 1 Troy ounce of .999 fine silver. Real-time prices are locked in at the Silver Trade Dollars were produced from 1895 until 1935 (demonetised in 1937) as a specific coin for British colonies, most notably Singapore, to use while 27 Jan 2020 The most valuable U.S. rare coin sold in 2019 was a proof 1885 silver Trade dollar, graded NGC PR66, that sold for a record $3.96 million by A Buyer's Guide to Silver Dollars & Trade Dollars of the United States [Q. David Bowers, John Dannreuther] on Amazon.com. *FREE* shipping on qualifying
The trade dollar from 1876 is a silver coin that is easier to collect then the rare silver dollar coins as there are still plenty of these coins for sale at various online markets. The proofs are sold for reasonable prices up to $3000 at coin auctions. Some 1876 Trade Dollar coin facts. Mintage: Circulation The trade dollar was a heavier silver dollar issued in the late 19th century, and it was intended to supplant the Mexican peso as the standard medium of exchange for trade with China. This guide can help you if you're looking for trade dollars for sale on eBay.
Find the current Trade Dollar values by year, coin varieties, and specific grade. Find the current Trade Dollar values by year, coin varieties, and specific grade. PCGS The Standard for the Rare Coin Industry. Services; Price Guide; Silver $13.07 (-1.66) 03-16 10:48 AM EDT. Trade dollars are silver coins minted as trade coins by various countries to facilitate trade with China and the Orient. They all approximated in weight and fineness to the Spanish dollar, which had set the standard for a de facto common currency for trade in the Far East. Despite the poor quality of the image, the above 1874 Counterfeit Trade Dollar is a pretty close match to the authentic 1873 Trade Silver Dollar. However, if you look closer you can see some inconsistencies in the strike. On the reverse you can see an overall weakness and depth of the design features, letters, etc. Trade Dollar. Trade dollar, once demonetized, now legal tender again The "Commercial dollar" of 1873 to 1885, as the Trade dollar was initially known, is the only case in U.S. numismatic history Values of US Trade Dollars 1873 - 1878 . The value is approx. the average price with which US dealers sell these coins. The values depend very strongly on the grade of the coins. If the grade is better than xf the coin could be worth much more! Information about coin grading like vf and xf and mintmarks like D and S . Trade Dollars 1873 - 1878