Jump to content
News Ticker
  • I am now accepting the following payment methods: Card Payments, Apple Pay, Google Pay and PayPal
  • Latest News

    United States silver trade dollars...

    Recommended Posts

    The United States Trade Dollar is a silver 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 strikes ended in 1878. The coin was designed by William Barber, the mint's chief engraver. More trade dollars were minted in San Francisco than Carson City and Philadelphia combined. San Francisco was closest both to the source of the silver as well as the ultimate destination of the coins, China. Many Trade Dollars have what are called "chop marks" on them. The Chinese merchants would stamp the coins as a way to check their authenticity and to add their advertising logo.

    The United States Congress authorized the U.S. Mint to create a trade dollar to improve trade with the Orient, China in particular. Prior to that, the Mexican peso had been the primary silver coin used in trading with China. The US trade dollar was minted of 420 grains (27 g) of silver with a fineness of 900 (90 %), about 8 grains (520 mg) more than the domestic silver dollar of the time.

    Link to comment
    Share on other sites

    • 2 months later...

    The odd thing with these is that coins with "chop" marks are degraded because of such markings. It's really hard to find some dates in this series of coins.

    I may be strange (I've been told that often enough), but I think the chops make them more desireable. Unfortunately my one example is long gone, probably to finance an EK.

    Link to comment
    Share on other sites

    Create an account or sign in to comment

    You need to be a member in order to leave a comment

    Create an account

    Sign up for a new account in our community. It's easy!

    Register a new account

    Sign in

    Already have an account? Sign in here.

    Sign In Now
    • Create New...

    Important Information

    We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.