Trade Dollars

coincollecter15

Do trade dollars with chop marks make it worth more, less or the same?

DennisH

I'd be hard-pressed to come up with an instance where chop marks would make a coin worth more.

ColonialCoinUnion

If a chop mark made a Trade Dollar more valuable, I suspect there would be some enterprising entrepreneurs making new chops and hammering them into Trade Dollars as we speak.

coincollecter15

I was thinking they were worth less but wasnt sure so i thought i would ask.

stephunter

There is a date (1875 maybe?) that is very tough to find with a chopmark and therefore would probably be worth a premium.

291fifth

My own opinion is that chop marks decrease the value of the coin sharply.

nwcs

<< <i>If a chop mark made a Trade Dollar more valuable, I suspect there would be some enterprising entrepreneurs making new chops and hammering them into Trade Dollars as we speak. >>

Absolutely true.

PerryHall

I've read that certain higher grade, better date trade dollars have had their chop marks removed by the coin doctors to restore their value.

Coxe

<< <i>If a chop mark made a Trade Dollar more valuable, I suspect there would be some enterprising entrepreneurs making new chops and hammering them into Trade Dollars as we speak. >>



Not long ago blast white silver was all the rage and people were dipping like mad. Then monster toners were hip and it was time go baking. I have no doubt that you are very correct, as horrible as it would be. The business fringe will go too far at times to make more $$$. The problem is that there are some on the hobby side that are not bothered by it at all. (There are folks out there who don't care AT from NT as long as it's pretty.)

tradedollarnut

<< <i>Do trade dollars with chop marks make it worth more, less or the same? >>



Yes.

Conder101

<< <i>If a chop mark made a Trade Dollar more valuable, I suspect there would be some enterprising entrepreneurs making new chops and hammering them into Trade Dollars as we speak. >>


For awhile back in the 50's in circulated chopmarked were worth more and there were cases of people chopping unmarked pieces.



<< <i>There is a date (1875 maybe?) that is very tough to find with a chopmark and therefore would probably be worth a premium. >>


I believe t was 1878-S or CC. By the time they were struck silver was falling in value and the coins could be circulated in the US at a higher value, even though they were no longer legal tender, than they could in China where they passed at the bullion value. So most of the coins stayed here and very few made it to China where they could be chopped.

shirohniichan

<< <i>There is a date (1875 maybe?) that is very tough to find with a chopmark and therefore would probably be worth a premium. >>



There are some dates that would command a premium. The 1873 is probably the most expensive chopmarked vs. unchopped. Common trade dollars with rare chopmarks make the coins more valuable than unchopped, also.