bigjarofwasps Posted August 12, 2007 Share Posted August 12, 2007 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 More sharing options...
Andwwils Posted October 25, 2007 Share Posted October 25, 2007 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. Link to comment Share on other sites More sharing options...
bigjarofwasps Posted October 28, 2007 Author Share Posted October 28, 2007 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.That is interesting, you`d think that the chop marks would add to the value? Like with Maria Dollars... Link to comment Share on other sites More sharing options...
Tom Y Posted October 28, 2007 Share Posted October 28, 2007 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 More sharing options...
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