But after the Straits dollar was introduced to the Straits Settlements in 1903, it became exclusively a Hong Kong coin produced until 1935. Free shipping . Those with no mint mark were produced in London. The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. No major marks. Ending Nov 29 at 6:10PM PST 9d 14h. However, if you look closer you can see some inconsistencies in the strike. C $374.62. 1877 Trade Dollar. More trade dollars were minted in San Francisco than Carson City and Philadelphia combined. 1877 trade t$1 pcgs ms 65. $324.30. Collectors are warned that recently a large number of U.S. Trade dollars have been forged in China made with base metal. $19.95 shipping. 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. Trade Dollar. However, generous numbers found their way … $1,195.00. The Osaka mint placed the mark on the left side of the reverse, the Tokyo mint on the right. High Grade: 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. 1877 S TRADE DOLLAR XF DETAILS . Trade Dollar. San Francisco was closest both to the source of the silver as well as the ultimate destination of the coins, China. Opens image gallery. The mintages ranged from a low of 97,000 to a high of more than 9 million. In fact, the eagle on the trade dollar's reverse looks quite similar to the peso's. 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. [6], The coin was designed by William Barber, the mint's chief engraver. 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. 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. 1877-S Trade Dollar √Free worldwide shipping on all orders over $49.9 √14 days easy returns. Do you have a 1877worth $9,775? Chinese merchants would stamp the coins in order to verify their correct weight and value.[6]. 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. 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. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. 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. The piastre was initially equivalent to the Mexican peso. Click here to Learn How to use Coin Price Charts. 1877-S Trade Silver Dollar T$1 - XF Details (EF) - Rare Early Type Coin! The coins were then released for use in Japanese-occupied Taiwan, Korea and Lüshunkou.[3]. Coinage Context. 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). [7], Media related to Trade dollars at Wikimedia Commons. $1.00. The majority of the trade dollars were counterstamped with the character "gin" (Japanese for "silver"). Total Graded: However, generous numbers found their way into domestic commerce. Mass / Weight: 27.22 grams. In some cases, the date on an already manufactured coin die was altered. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides. Free shipping. The 1877 trade dollar with no mint mark is worth around $165 in very good condition. 0 bids. 1877-S Trade Dollar AU/BU Details Great Eye Appeal Strong Strike. The Trade Dollar’s design is widely viewed as an attractive upgrade to Gobrecht’s Seated Liberty on which it was loosely based. Prices provided are averages, not specific prices for individual coins. 67. Free shipping. 1877 trade dollar pcgs rated au 50 no chop marks some nice toning. 1877 Trade Dollar pictures, facts and information. 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. Deep color over what appear to be very nice surfaces save for some hairlines. or Best Offer. This was reduced to 24.3 grams in 1895. Picture Information. [2] When Japan introduced the gold standard in 1897, the silver 1 yen coins, including the trade dollars, were demonetized. Third party encapsulation is recommended due to the presence of counterfeit Trade Dollars on the market. The loser, China, had to open up a number of ports to British trade and residence, and cede Hong Kong to Britain. Why a dollar today is worth only 4% of a dollar in 1877 Updated: December 12, 2020. 1878 S TRADE DOLLAR HIGH GRADE WITH SOME ORIGINAL MINT LUSTER SEE DESCRIPTION. Low Grade: The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar. Also, click here to Learn About Grading Coins. $550.00. [1], 2,736,000 coins of this type were minted, the vast majority in 1876-77. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. 20 watching. $19.99 40 sold Quantity. These coins were made of the same 90% silver alloy as standard silver dollars, but were slightly larger and heavier. Trade dollars are silver coins minted as trade coins by various countries to facilitate trade with China and the Orient. Average Grade: 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. 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. 1877 silver trade dollar icg au53 really nice . Click here to Learn How to use Coin Price … 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. 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. Trade Dollars were struck for circulation for less than five years during the period from July 1873 to April 1878. These coins were minted during the suspension of the standard silver dollar denomination and were intended primarily for export. 1877 S TRADE DOLLAR. 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). $4.60 shipping. Was: $345.00. The piastre was therefore a direct lineal descendant of the Spanish pieces of eight that had been brought to the Orient from Mexico on the Manila Galleons. ... 1877. With the extension of British trading interests in the East, especially after the founding of Singapore in 1819 and Hong Kong in 1842, it became necessary to produce a special Dollar so as to remove the reliance of a British Colony upon the various foreign coins then in circulation. PrAg 1877 us trade dollar chopmarks pcgs genuine. The United States Congress authorized the U.S. Mint to create a trade dollar to improve trade with the Orient, China in particular. 1875-S Silver Trade Dollar NGC AU Details Toned Pretty Rare Great Deal. 27.2 grams) and fineness .900 (90%), the Spanish-Mexican coins so long trusted and valued in China. These so-called trade dollars would approximate in specification, weight 7 mace and 2 candareens (approx. Coin Date: 1877: Denom: Trade$ / Trade dollar Desg: MS: Mint Mark: P: Mint Location: Philadelphia: Mintage: 3,039,200: Coinage Type: Trade dollar: Coinage Years: 33 watching. These IDs are a simple organization of all coins prior to variety attribution and grading. Many Trade dollars have what are called "chopmarks" on them. 1877-S Trade Dollar, Uncirculated, PCGS MS-62, Original Early Silver Type Coin. The British Trade Dollar was demonetized on 1 August 1937. As such the specifications of this trade dollar are the same as the US counterpart. 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. 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. Careful testing or purchasing from known dealers or buying sealed and certified coins may be necessary to avoid these fakes. 55 1753 The series includes significant rarities such as the 1884 and 1885 Trade Dollars. Coin, issued from 1875 to 1877 of exchange of a dollar Coin, issued 1875. Dollars at Wikimedia Commons $ 1 - XF Details ( EF ) - Rare Early Type Coin accepted... 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Trading with China, Original Early silver Type Coin = 24.4935 grams silver.
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