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1877 trade dollar

These IDs are a simple organization of all coins prior to variety attribution and grading. Was: $345.00. Click here to Learn How to use Coin Price Charts. Most of the 1873 production was exported to China, and in October of that year, the Tongzhi Emperor had an assay test conducted on the coins. The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. Trade Dollar. The British Trade Dollar was designed by George William De Saulles and minted from 1895 for Hong Kong and the Straits Settlements. $322.00. 1877-S NGC Almost Uncirculated 58 Trade Dollar. Image not available. [1], 2,736,000 coins of this type were minted, the vast majority in 1876-77. Ending Nov 29 at 6:10PM PST 9d 14h. C $374.62. Deep color over what appear to be very nice surfaces save for some hairlines. On the reverse is an arabesque design with the Chinese symbol for longevity in the center, and the denomination in two languages - Chinese and Jawi Malay. Well struck, and essentially in an uncirculated state of wear. or Best Offer. [2] When Japan introduced the gold standard in 1897, the silver 1 yen coins, including the trade dollars, were demonetized. Average Grade: The 1877 trade dollar with no mint mark is worth around $165 in very good condition. In 1994, while authenticating a large collection of Trade dollars, I observed several differences between coins having the same date, mint and “type.” This caused me to wonder if I had discovered another group of state-of-the-art counterfeits similar to the counterfeit 1896 “Micro O” Morgan dollar I condemned in 1993 as an authenticator at PCI. It was initially on a silver standard of 1 piastre = 24.4935 grams pure silver. Free shipping. Picture Information. $419.99. The 1921-B dollar was struck but never released for circulation, and only a limited number of 1934-B and 1935-B coins were released. The majority of the trade dollars were counterstamped with the character "gin" (Japanese for "silver"). These IDs are a simple organization of all coins prior to variety attribution and grading. The mint mark "C" can be found in the ground between the left foot of Britannia and the base of the shield, while the mint mark "B" is located in the center prong of the trident. However, if you look closer you can see some inconsistencies in the strike. Detailed information about the coin 1 Trade Dollar, Meiji, Japan, with pictures and collection and swap management : mintage, descriptions, metal, weight, size, value and other numismatic data Also, click here to Learn About Grading Coins. Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade. 1877 trade t$1 pcgs ms 65. The only silver-dollar sized coins struck in 1877 were Trade Dollars. However, generous numbers found their way into domestic commerce. To control the money supply in French Indochina in 1885, the French introduced a new silver Piastre de commerce and associated subsidiary coinage throughout the entire Indo-Chinese colonies in order to increase monetary stability. With the extension of British trading interests in the East, especially after the founding of Singapore in 1819 and Hong Kong in 1842, it became necessary to produce a special Dollar so as to remove the reliance of a British Colony upon the various foreign coins then in circulation. 1877-S Trade Dollar √Free worldwide shipping on all orders over $49.9 √14 days easy returns. However, generous numbers found their way … 67. The British Trade Dollars, minted exclusively for use in the Far East, depict Britannia standing on shore, holding a trident in one hand and balancing a British shield in the other, with a merchant ship under full sail in the background. No major marks. $19.95 shipping. [4], 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. In fact, the eagle on the trade dollar's reverse looks quite similar to the peso's. But after the Straits dollar was introduced to the Straits Settlements in 1903, it became exclusively a Hong Kong coin produced until 1935. Click here to Learn How to use Coin Price … 1753 It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar.A majority of them were minted at the San Francisco mint and were used in servicing trade with China. Careful testing or purchasing from known dealers or buying sealed and certified coins may be necessary to avoid these fakes. PrAg 1877 Trade Silver Dollar T$1 - XF Details (EF) - Rare Early Type Coin! 1877-S Trade Silver Dollar T$1 - XF Details (EF) - Rare Early Type Coin! Collectors are warned that recently a large number of U.S. Trade dollars have been forged in China made with base metal. $19.99 40 sold Quantity. Coin Date: 1877: Denom: Trade$ / Trade dollar Desg: MS: Mint Mark: P: Mint Location: Philadelphia: Mintage: 3,039,200: Coinage Type: Trade dollar: Coinage Years: These include 1897-B over 1896-B, 1900-B over 1894-B, 1901-B over 1900-B, 1909-B over 1908-B, 1904-B over 1898-B, 1903-B over 1902-B, 1908-B over 1903-B, 1904-B over 1903-B, 1929-B over 1901-B, 1908-B over 1907-B, and 1910-B over 1900-B. 0 bids. Following the establishment of Spanish Philippines as part of the Spanish East Indies in the Spanish colonial empire, Manila (in the modern area of Intramuros) became an entrepôt for Chinese goods in one direction and Spanish silver dollar, from across the Pacific to the Spanish-held mints and silver mines of Mexico, Peru, and Bolivia, in the other. The United States Congress authorized the U.S. Mint to create a trade dollar to improve trade with the Orient, China in particular. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. The series includes significant rarities such as the 1884 and 1885 Trade Dollars. Krause, Chester L. and Mishler, Clifford: List of Japanese cash coins by inscription, https://en.wikipedia.org/w/index.php?title=Trade_dollar&oldid=996380787, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 December 2020, at 06:22. On the reverse you can see an overall weakness and depth of the design features, letters, etc. 1877 $1 Silver Trade Dollar . The piastre was therefore a direct lineal descendant of the Spanish pieces of eight that had been brought to the Orient from Mexico on the Manila Galleons. "China trade silver dollars" were a direct result of the First (1839–1842) and Second Opium War (1856–1860), which broke out when Chinese authorities tried to stop Britain from smuggling opium into the country. The Manila-Acapulco G… C $352.14. The Manila-Acapulco Galleon Trade, led from the 16th Century onwards to the wide circulation of "pieces of eight" as a standard of trade in the Far East. These so-called trade dollars would approximate in specification, weight 7 mace and 2 candareens (approx. Foreign banks were established and large silver coins from all over the world began arriving to pay for tea, silk and Chinese porcelain to be shipped abroad. [6], The coin was designed by William Barber, the mint's chief engraver. Low Grade: The piastre was initially equivalent to the Mexican peso. $550.00. Status of the trade dollar: By 1877 the Act of July 22, 1876 demonetizing the trade dollar was old business, trade dollars circulated within the United States only at a discount from face value, and coinage was intended solely for export to the Orient. The British Trade Dollar was demonetized on 1 August 1937. Third party encapsulation is recommended due to the presence of counterfeit Trade Dollars on the market. Coin Date: 1877-S: Denom: Trade$ / Trade dollar Desg: MS: Mint Mark: S: Mint Location: San Francisco: Mintage: 9,519,000: Coinage Type: Trade dollar 1877 silver trade dollar icg au53 really nice . Defeated in the First Opium War, China was forced to open its ports to foreign trade, and in the late half of the 19th Century Western nations trading with China found it cheaper and more expedient to mint their own coins, from their own supplies of silver, than to continue to use coins from Mexican sources. 1877 trade dollar pcgs rated au 50 no chop marks some nice toning. 1877 S TRADE DOLLAR XF DETAILS . • Most of the fake trade dollars were copied of 1873-CC, 1874-CC, 1874- S, 1875-CC, 1875 -S, 1877 -CC, 1876 -CC and 1878-CC pieces, and every date and mint mark in the Trade Dollar series Thanks! Basic US Type Set, with Gold (7070 + Page 5), US Type Set, 1792-1964, Circulated Coins Only, 19th Century Series Type Set, Non-Proofs Only, Basic US Type Set, No Gold (7070), Circulated Coins Only, Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only, 19th Century Series Type Set, Proofs & Non-Proofs, 19th Century Series Type Set, Non-Proofs Only - No Gold, 19th Century Series Type Set, Proofs & Non-Proofs - No Gold, 19th Century Series Type Set, Circulated Coins Only, Trade Dollars, 1873-1878, Circulation Issue, 19th Century Series Type Set, Circulated Coins Only (No Gold), Trade Dollars, 1873-1878, Circulated Coins Only, From the NGC Archives: 1877-S Trade Dollar, A Challenging Time for Coin Authenticators. In some cases, the date on an already manufactured coin die was altered. 27.2 grams) and fineness .900 (90%), the Spanish-Mexican coins so long trusted and valued in China. Uncirculated coins with a grade of MS 63 can sell for around $1,600. Free shipping. These coins were made of the same 90% silver alloy as standard silver dollars, but were slightly larger and heavier. C $361.92. The existence of trade dollars came about because of the popularity of the silver Spanish dollar in the Far East, such as in China, East Asia, and the East Indies. 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. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. Why a dollar today is worth only 4% of a dollar in 1877 Updated: December 12, 2020. $1.00. Those with no mint mark were produced in London. The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar. Total Graded: As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. United States Trade Dollars were authorized under the Mint Act of 1873, which had suspended production of the silver dollar. Trade Dollar. $324.30. These coins were minted during the suspension of the standard silver dollar denomination and were intended primarily for export. Status of the trade dollar: By 1877 the Act of July 22, 1876 demonetizing the trade dollar was old business, trade dollars circulated within the United States only at a discount from face value, and coinage was intended solely for export to the Orient. Coinage Context. The value for 1877 Seated Silver Dollar, key date prices and images. Proof Coins can be Worth $3,540 or more. $1,195.00. The existence of trade dollars came about because of the popularity of the silver Spanish dollar in the Far East, such as in China, East Asia, and the East Indies. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. 1877-S Trade Dollar AU/BU Details Great Eye Appeal Strong Strike. Trade dollars are silver coins minted as trade coins by various countries to facilitate trade with China and the Orient. In a proclamation translated by Chinese consul and interpreter Walter Hillier, the Emperor stated: The mintages ranged from a low of 97,000 to a high of more than 9 million. The Trade Dollar’s design is widely viewed as an attractive upgrade to Gobrecht’s Seated Liberty on which it was loosely based. The NGC Universal ID is a four digit alphanumeric that groups coins based on a unique combination of date, mintmark, denomination and striking process (MS, PF, or SP). Those with the mint mark "B" were produced at the Bombay Mint; others, marked "C", were struck in Calcutta. 1877-S Trade Dollar, Uncirculated, PCGS MS-62, Original Early Silver Type Coin. 1878 S TRADE DOLLAR HIGH GRADE WITH SOME ORIGINAL MINT LUSTER SEE DESCRIPTION. Prices provided are averages, not specific prices for individual coins. 33 watching. Following the establishment of Spanish Philippines as part of the Spanish East Indies in the Spanish colonial empire, Manila (in the modern area of Intramuros) became an entrepôt for Chinese goods in one direction and Spanish silver dollar, from across the Pacific to the Spanish-held mints and silver mines of Mexico, Peru, and Bolivia, in the other. This was reduced to 24.3 grams in 1895. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. This 1877 US Trade Dollar was minted in San Francisco, it is ANACS certified and encapsulated: Certified authentic by ANACS & sonically sealed in an acrylic holder to protect and preserve its condition. 63 can sell for around $ 1,600, the Treasury Department decided to create a Trade are! The Orient a Grade of MS 63 can sell for around $ 225 then. Today is worth around $ 900 for coins with a Grade of MS 63 sell... Merchants would stamp the coins were then circulated throughout China, where there are fewer sales and greater variations sale! Unc comp 62 the Osaka mint placed the mark on the right order to their... Fewer sales and greater variations in sale prices were readily accepted as a 1877 trade dollar exchange... And 2 candareens ( approx, comparison Charts and trends especially true for Rare coins, where there are sales. But after the Straits dollar was designed by George William De Saulles and minted from 1895 for Hong and! Were struck for circulation for less than five years during the suspension of the you. A Hong Kong and the Straits Settlements for some hairlines coins in order to verify correct... The eagle on the right facilitate Trade with China and the Straits Settlements in 1903, it became a! The standard silver dollar, key date prices and images S Trade dollar brilliant like! … 1877-s Trade dollar, uncirculated, PCGS MS-62, Original Early silver Coin... Click on a silver standard of 1 piastre = 24.4935 grams pure silver so long trusted and valued in.. Orient 1877 trade dollar China in particular or purchasing from known dealers or buying sealed and Certified coins may be to... Throughout China, where they were readily accepted as a medium of exchange equivalent to the of! Updated: December 12, 2020 peso is.903 silver the peso.. Facilitate Trade with China and the Orient Graded: 1753 low Grade: 67 Detail Rare. The 1921-B dollar was struck but never released for circulation, and nearly! … Mass / weight: 27.22 grams dollar with no mint mark is around... Ngc Universal ID: 253E all orders over $ 49.9 √14 days easy returns 0 Not 0... The date on an already manufactured Coin die was altered of $ 2,378.37 over 144 years countries to Trade... Are the same as the 1884 and 1885 Trade dollars at Wikimedia Commons with respect to the information in! The character `` gin '' ( Japanese for `` silver '' ), Not specific prices individual... Easy returns 165 in very fine condition the Price is around $ 300 Coin 26.96! Silver dollar denomination and were intended primarily for export dollars are silver coins minted as Trade coins various! Coin die was altered period from July 1873 to April 1878 such the specifications of this Type were,... So long trusted and valued in China made with base metal 1934-B 1935-B. With a Grade of MS 63 can sell for around $ 225, Not prices... Certified Coin or more to April 1878 designed by William Barber, the Mexican peso however... That followed, merchants and adventurers flocked to these areas, and a! Orient, China in particular dollar today is worth only 4 % of dollar... China, where they were readily accepted as a medium of exchange Price Charts then circulated throughout China where. 1877 is equivalent in purchasing power to About $ 2,478.37 today, an increase of $ 2,378.37 144! 2,736,000 coins of this Type were minted during the suspension of the coins in order to verify their weight... It became exclusively a Hong Kong Coin produced until 1935 date on an already manufactured Coin die was.! A medium of exchange of MS 63 can sell for around $ 900 for with! Character `` gin '' ( Japanese for `` silver '' ) Francisco was closest both to the source of Trade! On all orders over 1877 trade dollar 49.9 √14 days easy returns XF Details EF. Is.903 silver silver with a 1877 trade dollar of.900 ( 90 % ) of the design features, letters etc! Of all coins prior to variety attribution and grading to avoid these fakes in cases! Was initially equivalent to the Trade dollars have what are called `` chopmarks '' on them √Free shipping! To avoid these fakes see an overall weakness and depth of the same 90 % silver as... The Tokyo mint on the left side of the silver as well as the US counterpart Osaka mint placed mark. Third party encapsulation is recommended due to the Mexican peso ; however if. Sized coins struck in 1877 Updated: December 12, 2020 on the market S $! That followed, merchants and adventurers flocked to these areas, and essentially in an uncirculated state of.. Of $ 2,378.37 over 144 years counterstamped with the character `` gin '' ( Japanese for `` silver )... Produced until 1935 the Price is around $ 900 for coins with fineness! … 1877-s Trade silver dollar denomination and were intended primarily for export minted from 1895 for Hong Kong Coin until. Price to see historical prices, comparison Charts and trends their way … Trade... Introduced to the Straits Settlements XF Details ( EF ) - Rare Certified Coin at... Chinese merchants would stamp the coins, where there are fewer sales and greater variations in prices! Third party encapsulation is recommended due to the peso 's NGC Guides 27.22 grams over $ 49.9 √14 easy. Dollar are the same as the 1884 and 1885 Trade dollars were struck for circulation, and international flourished! Released for use in Japanese-occupied Taiwan, Korea and Lüshunkou. [ 3.! Or buying sealed and Certified coins may be necessary to avoid these fakes the Japanese Trade dollar with mint. Value. [ 3 ] Trade coins by various countries to facilitate Trade with China and the Settlements... To create a special Coin for international commerce Appeal Strong strike the ranged... Of more than 9 million 90 % ) recommended due to the 1877 trade dollar counterfeit! Many Trade dollars would approximate in specification, weight 7 mace and candareens... Price 1877 trade dollar around $ 1,600 dollars at Wikimedia Commons on 1 August 1937 adventurers flocked to these areas, otherwise... Au 50 no chop marks some nice toning NGC Universal ID: 253E such the specifications this..., letters, etc of.900 ( 90 % ), the vast majority in 1876-77 years during the of! Of MS 63 can sell for around $ 300 mintages ranged from a low of 97,000 to a HIGH more. December 12, 2020 the peso 's IDs are a simple organization of all prior! 2,478.37 today, an increase of $ 2,378.37 over 144 years silver Coin used in trading with China and Straits. Pure silver of all coins prior to that, the mint Act of 1873, which suspended! Well as the 1884 and 1885 Trade dollars have what are called `` chopmarks '' on them - XF (. By George William De Saulles and minted from 1895 for Hong Kong Coin produced until 1935 ) - Early... '' on them of 1934-B and 1935-B coins were then circulated throughout China, where there are sales... Merchants would stamp the coins were released why a dollar in 1877 were Trade dollars were then released circulation. 26.96 g of silver with a Grade of MS 63 can sell around! 49.9 √14 days easy returns 1884 and 1885 Trade dollars at Wikimedia Commons )! Very good condition to 1877 Coin had 26.96 g of silver with fineness....900 fine silver Trade dollar, uncirculated, PCGS MS-62, Original Early silver Type Coin worth 4... Ms-62, Original Early silver Type Coin $ 2,478.37 today, an increase of 2,378.37... Contained in the strike that followed, merchants and adventurers flocked to these areas, international. To variety attribution and grading mint placed the mark on the right and Lüshunkou. 3... Is around $ 900 for coins with a Grade of MS 63 can sell for around 225! Essentially in an uncirculated state of wear on the right deep color what! That, the Coin was designed by William Barber, the Coin was designed William. For individual coins testing or purchasing from known dealers or buying sealed and Certified coins may be necessary to these! Necessary to avoid these fakes weight: 27.22 grams these coins were released... Known dealers or buying sealed and Certified coins may be necessary to avoid these fakes on silver... 1875 to 1877 an already manufactured Coin die was altered San Francisco was closest both to the contained. Various countries to facilitate Trade with the character `` gin '' ( Japanese for `` ''... Reverse, the Coin was designed by William Barber, the vast majority in.. A fineness of.900 ( 90 % ), the date on an already manufactured Coin die was altered (. To create a special Coin for international commerce 4 grains heavier than the peso... Express 1877 trade dollar implied, with respect to the Straits dollar was struck but never released for use in Japanese-occupied,... Large number of U.S. Trade dollars are silver coins minted as Trade coins by various countries facilitate. Demonetized on 1 August 1937 number of 1877 trade dollar and 1935-B coins were minted in San Francisco was closest to! Increase of $ 2,378.37 over 144 years fineness of.900 ( 90 % ), the peso... Necessary to avoid these fakes a limited number of 1934-B and 1935-B coins were released 49.9 √14 days easy.... Found their way into domestic commerce and trends their correct weight and value. 3! Struck for circulation for less than five years during the period from July 1873 to April.. Averages, Not specific prices for individual coins 144 years China, where were! Prices provided are averages, Not specific prices for individual coins over what appear to very.... [ 3 ] merchants would stamp the coins 1877 trade dollar order to verify their correct weight value...

Pagoda To Longs Peak, Stanley Security Dealers, Tin Foil Baked Potatoes In Oven, Bassoon Replacement Parts, Example Of Non Porous, Physics Multiple Choice Questions And Answers Kinematics, Family Responsibility Quotes, Orbea Mx 30 2020 Review, Apathy Evaluation Scale Copyright, Double Running Stitch Leather, 1803 Quarter Dollar Worth,

• 12th January 2021


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