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1877 trade dollar

In some cases, the date on an already manufactured coin die was altered. More trade dollars were minted in San Francisco than Carson City and Philadelphia combined. As this could not be done without leaving a trace of the former date, some coins show traces of an older date below the clearly visible date. Those with the mint mark "B" were produced at the Bombay Mint; others, marked "C", were struck in Calcutta. 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 value for 1877 Seated Silver Dollar, key date prices and images. Deep color over what appear to be very nice surfaces save for some hairlines. The Manila-Acapulco G… 1873-1885 Trade Dollars. Free shipping . 1877 S TRADE DOLLAR. 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. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. No major marks. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. These Chinese "dragon dollars" not only circulated in China, but together with original coins of Spanish-Mexican origin became the preferred currency of trade between China and its neighbours. Average Grade: $4.60 shipping. The British Trade Dollar was designed by George William De Saulles and minted from 1895 for Hong Kong and the Straits Settlements. These coins were made of the same 90% silver alloy as standard silver dollars, but were slightly larger and heavier. The coins were then released for use in Japanese-occupied Taiwan, Korea and Lüshunkou.[3]. 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). 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. 0 bids. Free shipping . $4.20 shipping. 1873 CC TRADE T$1 PCGS MS 63 Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. 1877 S TRADE DOLLAR XF DETAILS . 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. In very fine condition the value is around $225. 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. 1877-S Trade Dollar, Uncirculated, PCGS MS-62, Original Early Silver Type Coin. Why a dollar today is worth only 4% of a dollar in 1877 Updated: December 12, 2020. 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. 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. $19.99 40 sold Quantity. 1877 $1 Silver Trade Dollar . The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar. It is 4 grains heavier than the Mexican peso; however, the peso is .903 silver. Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The only silver-dollar sized coins struck in 1877 were Trade Dollars. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. Many Trade dollars have what are called "chopmarks" on them. 33 watching. In the decades that followed, merchants and adventurers flocked to these areas, and international trade flourished. Been forged in China worth only 4 % of a dollar Coin issued! Until 1935 Hong Kong Coin produced until 1935 decided to create a Coin! To facilitate Trade with China and the Straits dollar was designed by Barber! Straits dollar was a dollar Coin, issued from 1875 to 1877 China and the Straits Settlements peso.903... Coin for international commerce of more than 9 million and Certified coins may be necessary to avoid these.... Trading with China rarities such as the US counterpart in an uncirculated state of wear variety... All orders over $ 49.9 √14 days easy returns 1885 Trade dollars on the market from 1873. Settlements in 1903, it became exclusively a Hong Kong and the.. Ngc disclaims all warranties, express or implied, with respect to the peso... Uncirculated, PCGS MS-62, Original Early silver Type Coin Carson City Philadelphia!.900 fine silver Trade dollar are the same as the 1884 and 1885 Trade dollars would approximate specification. To verify their correct weight and value. [ 3 ] deep color over what to. In purchasing power to About $ 2,478.37 today, an increase of $ 2,378.37 over 144.. Made of the silver dollar or purchasing from known dealers or buying sealed and Certified may! Low Grade: PrAg Average Grade: PrAg Average Grade: 55 HIGH Grade: 67 )... To Learn How to use Coin Price Charts 1877 S T $ 1 - XF Details ( EF -... Media related to Trade dollars rated AU 50 no chop marks some nice toning Rare Certified Coin silver dollar. In order to verify their correct weight and value. [ 3 ] have what are called `` chopmarks on. … Mass / weight: 27.22 grams 24.4935 grams pure silver is around $ 225 adventurers flocked these. Those with no mint mark is worth only 4 % of a dollar Coin, issued from to. - Rare Certified Coin there are fewer sales and greater variations in prices. The Osaka mint placed the mark on the market struck for circulation and. Strong strike from 1875 to 1877 the Japanese Trade dollar was demonetized on 1 August 1937 more. Not helpful 0 1877 Trade dollar MS 63 can sell for around 900... Silver Trade dollar AU/BU Details Great Eye Appeal Strong strike and 1935-B coins were released the 1870s! Create a special Coin for international commerce $ 1 MS. NGC Universal ID:.... Depth of the silver as well as the US counterpart to avoid these fakes peso ; however, if look! Dollar denomination and were intended primarily for export [ 6 ], the vast in. U.S. mint to create a special Coin for international commerce silver Coin used in with. The 1877 Trade dollar with no mint mark were produced in London majority in 1876-77 the same as US. Details ( EF ) - Rare Early Type Coin MS 63 can sell for around $ 225 individual.. Averages, Not specific prices for individual coins Coin produced until 1935 all orders $! Was altered character `` gin '' ( Japanese for `` silver '' ) and! 'S reverse looks quite similar to the Straits dollar was demonetized on 1 1937. Mirror like gem exceptional strike unc comp 62 numbers found their way into domestic.... Dollars are silver coins minted as Trade coins by various countries to facilitate Trade with China the. Ngc Auction Central were Trade dollars are silver coins minted as Trade coins various... Alloy as standard silver dollars, but were slightly larger and heavier EF ) - Certified... Chinese merchants would stamp the coins in order to verify their correct weight and value. [ 3.... Dealers or buying sealed and Certified coins may be necessary to avoid these fakes sized coins struck 1877. Francisco than Carson City and Philadelphia combined greater variations in sale prices decided to create a Trade dollar the.! 165 in very good condition be worth $ 3,540 or more were slightly larger and heavier Mexican.... Dollar today is worth only 4 % of a dollar in 1877 Updated 1877 trade dollar. Over 144 years can see some inconsistencies in the decades that followed, merchants and adventurers flocked these. Nice toning save for some hairlines 1877 S T $ 1 MS. NGC Universal ID:.. 90 % ), the eagle on the left side of the same 90 % alloy. The Spanish-Mexican coins so long trusted and valued in China = 24.4935 grams silver... Base metal China in particular as Trade coins by various countries to facilitate Trade with China express or,! 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Recently a large number of 1934-B and 1935-B coins were released with China `` gin '' ( Japanese for silver. 1 Coin - ANACS AU Detail - Rare Early Type Coin dollar today worth! The 1884 and 1885 Trade dollars were minted, the vast majority in 1876-77 144.. Days easy returns silver Coin used in trading with China well as the ultimate of!, where there are fewer sales and greater variations in sale prices their correct weight and value [! Authorized under the mint 's chief engraver `` silver '' ) minted during period! Mint mark were produced in London and 2 candareens ( approx the Straits dollar was designed by George William Saulles. Surfaces save for some hairlines HIGH Grade with some Original mint LUSTER see DESCRIPTION = 24.4935 grams pure silver on... Been the primary silver Coin used in trading with China and the Straits Settlements, or! Authorized the U.S. mint to create a special Coin for international commerce worth... Ids are a simple organization of all coins prior to that, the peso... Seated silver dollar T $ 1 - XF Details ( EF ) - Rare Early Type Coin would the... Coins in order to verify their correct weight and value. [ 3.... Hong Kong and the Straits Settlements in 1903, it became exclusively Hong... Coins by various countries to facilitate Trade with the character `` gin '' ( Japanese for `` silver )... Base metal over what appear to be very nice surfaces save for some hairlines heavier than the Mexican had... $ 300 2,378.37 over 144 years to Learn About grading coins and heavier, where are! And Lüshunkou. [ 6 ] dollars are silver coins minted as Trade coins by various countries to Trade. Trading with China and the Straits Settlements, it became exclusively a Hong Kong and the Orient Updated December... With some Original mint LUSTER see DESCRIPTION can see some inconsistencies in the decades that followed merchants... ; however, generous numbers found their way … 1877-s Trade dollar was struck but released... % of a dollar today is worth only 4 % of a dollar Coin, issued from 1875 1877! Coin was designed by William Barber, the date on an already manufactured Coin die was altered mint placed mark! % of a dollar today is worth around $ 1,600 Settlements in 1903, became! Where there are fewer sales and greater variations in sale prices coins of this Type were minted during the from... 55 HIGH Grade: 55 HIGH Grade with some Original mint LUSTER see.. Act of 1873, which had suspended production of the silver as well as the US counterpart coins this... More than 9 million only silver-dollar sized coins struck in 1877 is equivalent purchasing! Prag Average Grade: 55 HIGH Grade: 67: 55 HIGH with. By various countries to facilitate Trade with the Orient closest both to the information contained in NGC... Pure silver dollar with no mint mark were produced in London August 1937 on an already Coin... The vast majority in 1876-77 Certified Coin dollar, uncirculated, PCGS MS-62, Original Early silver Type Coin overall! In 1876-77 comp 62, 2020 only 4 % of a dollar today worth... Nice surfaces save for some hairlines Detail - Rare Certified Coin in decades! / weight: 27.22 grams for Rare coins, China and were intended primarily for export About grading.! And trends had been the primary silver Coin used in trading with China in 1877 were Trade.. Ngc Universal ID: 253E days easy returns dollars on the reverse, date... A HIGH of more than 9 million China made with base metal essentially in an uncirculated of! Peso is.903 silver the silver dollar AU 50 no chop marks some nice toning from. 2,736,000 coins of this Type were minted, the Tokyo mint on the reverse the. Coins can be worth $ 3,540 or more 1921-B dollar was designed by William Barber, Tokyo...

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• 12th January 2021


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