new!!!!!!! for me unbelieveable trade dollar informstion wow wild!!!!!!!!!!!! from old book first
michael
Posts: 9,524 ✭✭
when i read this based on my experiences i think it is true
i think trades are extremely undervalued coins monster sleepers
there is a bookcalled "" coins in chinas history "" a really grewat book one of the greatest books on chinese old ancient coins kind of like the sheldon book for early large cents
this china coin book was written by arthur b. coole an englishman first edition 1937 i haved an original copy in my............ LI-bARY....................lol
he was an american who started collecting chhinese coinge in 19o5? he was at the time the treasurer of the tientsan won academy and headof the commercial dept
here is a quote from him in his book all first hand inflrmation!!
lots more information but i just cant typeit allout here but here are the more interesting parts to mee!!!
the congress of the usa passed an act in 1873 to have special silver dollars coined for use in the far east
well too long to type here are excerps of the more exciting infor to mee
these became known as american trade dollars and because of their silver content being 3/4 of a grain more than the mexican dollar they immediately became popular in indo china, hong kong the straits settlements and the important ports of china for a period they began to threaten the mexican dollar on the market but due to two main causes they WENT OUT OF EXISTance
the first was the value of silver changed in relation to the american giold dollar and made these coins worth more then the actual paper and silver dollars used in the homeland hence they began to be returned to the states aloth they were not reconized as legal tender in the usa they had the words united states of america printed on them and so they were passed and accepted in common use
THE FACT THAT the stANDARD american dollAR WAS GUARANTEED TO BE OF PAR VALUE WITH THE GOLD DOLLAR by the govt of the usa but intrinsically it was worth less than the trade dollar issued by the same govt from the same mints thnis anomaly was stopped by a decree of the treasury deptwhich ordered the mints to stop making the trade dollar the trade dollars in circulation ib the home land were redeemed at par for a period of 6 months in order to retract them and remint them into the standard dollar
the second reasdon for disapperaance in the far east was that due to their silver content beding greater
than those of other coins the silversmiths melted themand used them in their manufactures
over 28 million trade dollars of the 36 million minted were never returned tothe usa!!!!!!!!!!!!!!!!!!!!!!!!
they disappeared frojm the market
lots more infor but too much to type for me this is really interesting and for me relaable infor!
hope you trade dollar fanatics oliked this!
also heere is the top undervalued traxe in gem minstate ms grade an original 1874 traDE undipped and white thick skinned ms 64 pcgs and a really nice 64 1874 uis a monster underval;ued sleeper date!
sincerely michael
i think trades are extremely undervalued coins monster sleepers
there is a bookcalled "" coins in chinas history "" a really grewat book one of the greatest books on chinese old ancient coins kind of like the sheldon book for early large cents
this china coin book was written by arthur b. coole an englishman first edition 1937 i haved an original copy in my............ LI-bARY....................lol
he was an american who started collecting chhinese coinge in 19o5? he was at the time the treasurer of the tientsan won academy and headof the commercial dept
here is a quote from him in his book all first hand inflrmation!!
lots more information but i just cant typeit allout here but here are the more interesting parts to mee!!!
the congress of the usa passed an act in 1873 to have special silver dollars coined for use in the far east
well too long to type here are excerps of the more exciting infor to mee
these became known as american trade dollars and because of their silver content being 3/4 of a grain more than the mexican dollar they immediately became popular in indo china, hong kong the straits settlements and the important ports of china for a period they began to threaten the mexican dollar on the market but due to two main causes they WENT OUT OF EXISTance
the first was the value of silver changed in relation to the american giold dollar and made these coins worth more then the actual paper and silver dollars used in the homeland hence they began to be returned to the states aloth they were not reconized as legal tender in the usa they had the words united states of america printed on them and so they were passed and accepted in common use
THE FACT THAT the stANDARD american dollAR WAS GUARANTEED TO BE OF PAR VALUE WITH THE GOLD DOLLAR by the govt of the usa but intrinsically it was worth less than the trade dollar issued by the same govt from the same mints thnis anomaly was stopped by a decree of the treasury deptwhich ordered the mints to stop making the trade dollar the trade dollars in circulation ib the home land were redeemed at par for a period of 6 months in order to retract them and remint them into the standard dollar
the second reasdon for disapperaance in the far east was that due to their silver content beding greater
than those of other coins the silversmiths melted themand used them in their manufactures
over 28 million trade dollars of the 36 million minted were never returned tothe usa!!!!!!!!!!!!!!!!!!!!!!!!
they disappeared frojm the market
lots more infor but too much to type for me this is really interesting and for me relaable infor!
hope you trade dollar fanatics oliked this!
also heere is the top undervalued traxe in gem minstate ms grade an original 1874 traDE undipped and white thick skinned ms 64 pcgs and a really nice 64 1874 uis a monster underval;ued sleeper date!
sincerely michael
0
Comments
I have recently added my chop marked sets to the set registry - even some of those are quite scarce! I am especially proud of the 1874CC chopmark - it is grade MS64 with the chop - without the chop it is probably the second finest of that date and mintmark known!!
Stop showing off my future coin!
EVP
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com
It is great to see you have found a new reference on Trade Dollars. I think we need to promote the scholarly side of Numismatics. The joys of collecting for me have many facets but one of the most appealing is the history of coinage. This is a complex story of economics, politics and special interests.
I love the TD you showed. As always, you have the ultimate eye for pristine coin beauty.
One of my never to be fantasies would be to collect a great collection of Chinese coins.
thanks trime /evp also if any on here would like me to go to kinkos and copy the tital page and also the traded diollat information in the book they list other trade dollars also and lots of information1 this book is like a really great ref with photos
i could go to kinkos and get good cpoies the pages would copy well and then gwt envevopeds and mail you trhe informatiojn
just pm me your addrsss and send me 4 dollars for the copies and postage and envelops and i will do this for anyone
and get good copies and the copies from waht i can see will come out good even the photos of the coins
it is funny the book says that the trades were issed till 1887!!!!!!!!!!!!!!!!...........lol 1873 to 1887 does this man know something we do not??
sincerely michael
Okay, take a deep breath now, Michael.
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
sincerely michael
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
sincerely michael
Chopmarked Registry
and i thought about it and i am not going to send anyone the trade dollar information i am going to try to go to the university of rochester and see if a student there cannhelp me scan it into my e mail and then i can send it to anyone who is interested in it i thnink that is best and easiest and then maybe i can learn how to do it obver the computer
sincerely michael
That's interesting information. I was not aware that PCGS had a chopmarked Trade dollar registry. I wasn't even aware that they slabbed chopmarked Trade dollars. I had thought that only ANACS and PCI did that.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
For some life lasts a short while, but the memories it holds last forever.
-Laura Swenson
In memory of BL, SM, and KG. 16 and forever young, rest in peace.
The 1874 Trade dollar is beautiful. I think to find one undipped and thick-skinned like this is something special.
Joe T
<< <i>And here's the Registry:
Chopmarked Registry >>
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!
what really makes the 1874 trade really extra special besides being a super undervalued RARE sleeper date that is really a gem and undipped and with this eye appeal and fully original thick skinned
is that the coin is white
or a better explaination is that it is untoned
and many just do not understand this as coins like this 1874 trade dollar i posted on here just do not come like this ever!
since most have not ever seen or heard of this
so
they can't understand it let alone look for it
thus no demand is created and coins is bASICALLY only ABOUT three things demand
demand
demand
sincerely michael