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Chopmarked trade dollars are cool... this one has over 30!

airplanenutairplanenut Posts: 22,704 ✭✭✭✭✭
I posted this when I got it, but it's time for a repost image AU details, slightly chopmarked. It is a CC image

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    CapstickCapstick Posts: 263 ✭✭✭
    What is that all over the coin? Chinese?
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    Just entirely too cool, Jeremy....

    image
    Rufus T. Firefly: How would you like a job in the mint?

    Chicolini: Mint? No, no, I no like a mint. Uh - what other flavor you got?



    image
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    Anyone have any of the actual chop punches that were used on these?
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    That is REALLY cool.
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    FletcherFletcher Posts: 3,294
    Great pictures! Here is my 1874-CC PCGS MS62 Chopper ...

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    ddbirdddbird Posts: 3,168 ✭✭✭
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    OpusOpus Posts: 282
    I've seen "chopped" in reference to other Trade dollars. What exactly does that mean?
    "Never attribute to malice that which can be adequately explained by stupidity"
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    NICE image
    image
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    SmittysSmittys Posts: 9,877 ✭✭✭✭✭
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    BillJonesBillJones Posts: 35,798 ✭✭✭✭✭
    The Chinese used these like “certificates or authenticity.”

    You might have thought that the 30th guy would have taken the first 29 guys’ word for it that it was real!
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    A guy in my local coin club is President of the Chopmarked Coin Collectors club. He's had some pretty wild stuff shown off at our meetings.
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    TorinoCobra71TorinoCobra71 Posts: 8,099 ✭✭✭

    CHOP SUEY........ image

    TorinoCobra71

    image
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    Did someone say show your "Chopped CC trade dollars"? Obverse, reverse of same coin - 74CC
    imageimage
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    Lot of History there...image
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    airplanenutairplanenut Posts: 22,704 ✭✭✭✭✭
    For those asking about chopmarks...

    In the mid-1870s, the US began using the trade dollar for Oriental trade; it's larger silver content than the Mexican equivalent made it the money source favored by the Chinese. When the coins would get to a Chinese port, some would be tested to be sure they were genuine and had the stated silver content. The "seal of approval" of a batch was the chopmark. Each port had its own mark, and as you can see, this coin went to a lot of ports.

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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    tradedollarnuttradedollarnut Posts: 20,608 ✭✭✭✭✭
    Ooohhh - a 74CC chopfest! image

    image
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    Here's my other one. I think I'm going to call it the "stick man" Trade Dollar.

    image
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    coinkatcoinkat Posts: 24,397 ✭✭✭✭✭
    great coins and terrific pictures... I need to look into this more... Very cool

    Experience the World through Numismatics...it's more than you can imagine.

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    fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    APN, that mega chopped marked trade dollar is very image .
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    ShamikaShamika Posts: 18,785 ✭✭✭✭

    That's freak'n awsome. imageimageimage

    Buyer and seller of vintage coin boards!
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    HTubbsHTubbs Posts: 4,138 ✭✭✭
    Is there really a coin under that?image
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    PerryHallPerryHall Posts: 47,532 ✭✭✭✭✭


    << <i>For those asking about chopmarks...

    In the mid-1870s, the US began using the trade dollar for Oriental trade; it's larger silver content than the Mexican equivalent made it the money source favored by the Chinese. When the coins would get to a Chinese port, some would be tested to be sure they were genuine and had the stated silver content. The "seal of approval" of a batch was the chopmark. Each port had its own mark, and as you can see, this coin went to a lot of ports.

    Jeremy >>



    Every source I've seen says the chop marks where made by individual merchants rather than ports. With more than 30 chopmarks, your coin would have entered and left china through the ports more than 30 times which is unlikely. I also read that there were two other types of chop marks: some merchants used small paper stamps pasted onto the coins and other merchants used ink to create their chops by drawing chinese characters onto their coins. Naturally these types of chops were less durable and were less likely to survive.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>

    << <i>For those asking about chopmarks...

    In the mid-1870s, the US began using the trade dollar for Oriental trade; it's larger silver content than the Mexican equivalent made it the money source favored by the Chinese. When the coins would get to a Chinese port, some would be tested to be sure they were genuine and had the stated silver content. The "seal of approval" of a batch was the chopmark. Each port had its own mark, and as you can see, this coin went to a lot of ports.

    Jeremy >>



    Every source I've seen says the chop marks where made by individual merchants rather than ports. With more than 30 chopmarks, your coin would have entered and left china through the ports more than 30 times which is unlikely. I also read that there were two other types of chop marks: some merchants used small paper stamps pasted onto the coins and other merchants used ink to create their chops by drawing chinese characters onto their coins. Naturally these types of chops were less durable and were less likely to survive. >>



    The so-called "paper chops" were not to verify weight and fineness (as were the regular chops). From what I have read, paper chops were used on coins given as gifts (esp. for weddings and the like).

    I have an 1875-CC chopped almost as badly as that one, and it's a type I/II to boot! image
    image
    Obscurum per obscurius
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    LALASD4LALASD4 Posts: 3,602 ✭✭✭
    Very interesting coin, how did they test the silver content?
    Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
    San Diego, CA


    image
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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>Very interesting coin, how did they test the silver content? >>



    Most likely by weighing suspect coins vs. genuine ones. There are some coins with test cuts and drill marks to see if the coins were plated, but those are cruder testing methods.
    image
    Obscurum per obscurius
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    StuartStuart Posts: 9,831 ✭✭✭✭✭
    Jeremy: That one's been chopped up to hell and back!!

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>Anyone have any of the actual chop punches that were used on these? >>



    I haven't heard of anyone having any authentic punches. There was a dealer back in the 1960's who chopped common pieces to raise their value, and there are some doing it again these days. It would be hard to certify a punch, especially since they won't fit in a PCGS slab. image
    image
    Obscurum per obscurius
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    PerryHallPerryHall Posts: 47,532 ✭✭✭✭✭
    I've heard of people using screw drivers (both philips and slotted) to create chop marks in a low grade common date trade dollar to increase its value. I've also heard about people who have high grade better date trade dollars with one or two chops expertly removing the chops by tooling or burnishing to create a more valuable coin. Caveat emptor.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    Hokay ...... here is one that I used to own. I purchased it for 10 bucks! And traded it for three $10 gold pieces. I wish I would have kept it image
    image
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    Yummy!

    I love chops!



    PCGS MS62

    image




    image
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    tradedollarnuttradedollarnut Posts: 20,608 ✭✭✭✭✭
    My, dem 74-CC's are common! image

    I've heard of people using screw drivers (both philips and slotted) to create chop marks in a low grade common date trade dollar to increase its value. I've also heard about people who have high grade better date trade dollars with one or two chops expertly removing the chops by tooling or burnishing to create a more valuable coin.

    There are no low grade common date trade dollars whose value could be increased by a screwdriver. And the days of removing chops to increase the value of a high grade coin are over as well.
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    FatManFatMan Posts: 8,977
    That's a great looking Chopped Trade Dollar. I like it a lot.image
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    DDRDDR Posts: 1,675 ✭✭✭✭✭
    TDN,

    Absolutely true. However, I have seen fake Trade dollars that have had chops added by a screwdriver or whatever, in order to make the Trade dollar appear genuine.
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    PerryHallPerryHall Posts: 47,532 ✭✭✭✭✭


    << <i>My, dem 74-CC's are common! image

    I've heard of people using screw drivers (both philips and slotted) to create chop marks in a low grade common date trade dollar to increase its value. I've also heard about people who have high grade better date trade dollars with one or two chops expertly removing the chops by tooling or burnishing to create a more valuable coin.

    There are no low grade common date trade dollars whose value could be increased by a screwdriver. And the days of removing chops to increase the value of a high grade coin are over as well. >>



    This did happen in the past before chopped trade dollars became respectable. Those coins are still out there and occasionally make an appearance in the market place. As I said once before, caveat emptor!

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    However, I have seen fake Trade dollars that have had chops added by a screwdriver or whatever, in order to make the Trade dollar appear genuine.

    Like Jeremy's coin. I'm pretty sure the coin is a modern counterfeit. Those chopmarks don't look anything like what you would see on a real TD.

    Jeremy, please look closer at your coin and tell us what you think.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    So we're done with the oohs and ahs?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    tradedollarnuttradedollarnut Posts: 20,608 ✭✭✭✭✭
    I'm pretty sure the coin is a modern counterfeit

    Dunno - too beat to heck to tell. However, if you were gonna do that intentionally, wouldn't you leave the CC mintmark nice and clear? image
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    airplanenutairplanenut Posts: 22,704 ✭✭✭✭✭
    Andy, no one I've ever shown it to has mentioned the idea of authenticity, and I never looked at it thinking it might be counterfeit... I can take another look when I go home in a few weeks. The coin definitely doesn't look crude or cast...
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    The coin definitely doesn't look crude or cast...

    Let us know when you figure it out!
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    messydeskmessydesk Posts: 20,744 ✭✭✭✭✭


    << <i>Hokay ...... here is one that I used to own. I purchased it for 10 bucks! And traded it for three $10 gold pieces. I wish I would have kept it image
    image >>


    I was hoping you'd post that one. I remember shooting that for you a long time ago with film. Too bad you don't have it anymore, but it sounds like it didn't get away cheap.
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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    For those inclined to figure out if the chopmarks on these pieces are "right", try looking around this site.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    airplanenutairplanenut Posts: 22,704 ✭✭✭✭✭
    I'll try to remember, Andy. Perhaps I'll get to show you at some show in the next year or two, pending my remembering, and schedule being free image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>I'm pretty sure the coin is a modern counterfeit

    Dunno - too beat to heck to tell. However, if you were gonna do that intentionally, wouldn't you leave the CC mintmark nice and clear? image >>



    Both Jeremy's and Craton's trade dollars look good to me.
    image
    Obscurum per obscurius
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    LongacreLongacre Posts: 16,717 ✭✭✭
    Really cool. I hope to get one of those in my travels.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
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    DDRDDR Posts: 1,675 ✭✭✭✭✭
    I agree with Shiro, they both look good to me.
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    << <i>

    << <i>Hokay ...... here is one that I used to own. I purchased it for 10 bucks! And traded it for three $10 gold pieces. I wish I would have kept it image
    image >>


    I was hoping you'd post that one. I remember shooting that for you a long time ago with film. Too bad you don't have it anymore, but it sounds like it didn't get away cheap. >>



    That's your pic that you took. I have it hanging on my wall. It was such a sweet coin and I really didn't want to get rid of it. The person who I traded with wanted it so badly and I know I could have gotten more for it but I knew he would give it a better home then I so I went ahead.
    By the way, your pic is much better in person. From paper to scanner doesn't do it justice.
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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    Craton - On your coin, what's that thing under Liberty's right armpit?

    image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 24,687 ✭✭✭✭✭
    Anyone else?
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    Please share a little bit more with us Andy--- maybe a little bone????
    Some coins are just plain "Interesting"

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