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1874-S Trade Dollar w/ Chopmark

Hello friends, I am interested in this 1874 trade dollar with chopmark from an estate sale. It is a little pricey. I am just getting back into collecting. I have read these are heavily faked and I should stay away from one's that are not slabed already but I gotta start somewhere. Do you think it is legit and if so what grade do you see for it so I can make a fair offer. Thanks

Comments

  • gumby1234gumby1234 Posts: 5,362 ✭✭✭✭✭

    It appears genuine, but I would pass on it. At best its low AU cleaned.

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  • TennesseeDaveTennesseeDave Posts: 4,726 ✭✭✭✭✭

    Looks genuine, but likely scrubbed in the past. Without any luster it shouldn't grade higher than XF. That's a very common date/mint combo that can be had for under $200 usually in that condition.

    Trade $'s
  • 291fifth291fifth Posts: 23,855 ✭✭✭✭✭

    Cleaned. Pass unless VERY cheap which you indicate it isn't.

    All glory is fleeting.
  • Walkerguy21DWalkerguy21D Posts: 11,059 ✭✭✭✭✭

    Agree with cleaned, genuine, and XF.
    Not sure of the current market for trade dollars, but I’d be well south of $200 even without the chop mark.

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  • johnny9434johnny9434 Posts: 27,321 ✭✭✭✭✭

    Pass (I'd wait for another) find someone at a good coin show, it's a start

  • TomBTomB Posts: 20,612 ✭✭✭✭✭

    I agree with those who have stated it appears cleaned since there are pretty strong hairlines going in one direction on the obverse.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • davewesendavewesen Posts: 5,676 ✭✭✭✭✭

    I question the chopmark

    • there usually is abnormal wear on the area on the other side of the coin of the chopmark
    • chopmarks decrease value of coin
    • that with the cleaning becomes a hard pass for me as I ask myself if they are trying to hide authenticity
  • lermishlermish Posts: 1,766 ✭✭✭✭✭
    edited December 30, 2023 8:36AM

    Agreed that it is authentic. On a separate note, I don't feel really great about that chop. @OriginalDan @ChopmarkedTrades What are your feelings about the chop?

    EDIT for clarity

  • gonzergonzer Posts: 2,985 ✭✭✭✭✭

    Portions of the chop appear to have been etched instead of 'chopped'.

  • CryptoCrypto Posts: 3,346 ✭✭✭✭✭

    That a chop for sure and while there has been a wipe in its past, I suspect the grey color and lightness is an over saturation of flash. I bet the different color halos on the rev have luster.

    Considering the slight grace given to chopped coins I could see that in AU 50 chop mark holder. Either way it’s about a 325$ coin

  • Apollo_23Apollo_23 Posts: 124 ✭✭✭

    Thank you all for your assistance. I will pass then.

  • OriginalDanOriginalDan Posts: 3,707 ✭✭✭✭✭

    Interesting piece. The chops look period, but they also look carefully placed / grouped and I don’t see any reciprocal damage on the reverse. Could have been chopped for a special purpose. My take is it’s not anything being faked here, but may not be your regular trade related marks on this coin.

  • tradedollarnuttradedollarnut Posts: 20,138 ✭✭✭✭✭

    My goodness that’s a great chop. Well worth buying at a reasonable price just for the intricacy of the chop. The coin’s condition is secondary in this case

  • AlanSkiAlanSki Posts: 1,657 ✭✭✭✭✭

    I wonder what it says.

  • ChopmarkedTradesChopmarkedTrades Posts: 493 ✭✭✭✭✭

    Nothing really jumps out that suggests the coin is fake, it's one of the more common dates in average condition with hairlines, probably worth about $200-250 raw given the decent eye appeal. While the chops seem to overlap, there does seem to be a large, multi-character chop, which is unusual at that size.

  • DDRDDR Posts: 1,559 ✭✭✭✭✭

    The chop is pretty neat but the coin is a dog.

    If you are buying it for the chop, go ahead. If you are buying it just to have a chopmarked Trade Dollar, wait. You can get much nicer ones fairly easily.

  • Apollo_23Apollo_23 Posts: 124 ✭✭✭

    Thanks again all. The bidding alone starts at $350.00. It is a hard pass but as others have mentioned, there are a bunch of questions about the chop

  • Apollo_23Apollo_23 Posts: 124 ✭✭✭

    This one looks too good but double the price, cleaned ?

  • ElmerFusterpuckElmerFusterpuck Posts: 4,611 ✭✭✭✭✭

    That last coin screams fake.

  • slider23slider23 Posts: 634 ✭✭✭✭

    @ElmerFusterpuck said:
    That last coin screams fake.

    What are you seeing that screams fake? The coin has been harshly cleaned and there are a few bumps, but the date and mint mark are a close match to a known die pair.

  • Apollo_23Apollo_23 Posts: 124 ✭✭✭

    @slider23 said:

    @ElmerFusterpuck said:
    That last coin screams fake.

    What are you seeing that screams fake? The coin has been harshly cleaned and there are a few bumps, but the date and mint mark are a close match to a known die pair

    Now that I saw that, it does look like the very first example with the gash next to the "D"

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