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Trade Dollar, help please.

Hello all,

I am new to this forum and the collecting of coins but I have a 1877 Trade Dollar and I can't get any round about prices on it. I have had a friend (he owns a coin shop) to estimate its grade at VF. Can anyone help? There isn't a listing for it on the current price guide.


Thanks in advance.


Chris

The forever newbie of coin collecting

Comments

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    About 105 to 125...What price guide were you referencing?...image
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
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    PCGS, wasn't on there. I'd like to get it slabbed but I don't know if its worth it. I've never had anything slabbed.



    Chris
    The forever newbie of coin collecting
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    PlacidPlacid Posts: 11,299 ✭✭✭
    Alot of fake trade dollars around so if you are going to sell it in a sight unseen manner you probably would get more.
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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭
    It's probably not worth getting slabbed, but I'd at least get it authenticated.

    Trade dollars lead to madness-- beware.
    image
    Obscurum per obscurius
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    tradedollarnuttradedollarnut Posts: 20,666 ✭✭✭✭✭
    Shiro is banned from all trade dollar threads after forgetting about the 1873 transition from the Seated Dollar to the Trade Dollar! image
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    PCGS, wasn't on there. I'd like to get it slabbed but I don't know if its worth it. I've never had anything slabbed

    It's there! Towards the bottom of the list. By no means, reference worth, using the PCGS guide!...image
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
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    BigEBigE Posts: 6,949 ✭✭✭


    << <i>Alot of fake trade dollars around so if you are going to sell it in a sight unseen manner you probably would get more. >>

    Why would you want to sell it in a sight unseen manner if there are a lot of fakes aroundimage----------BigE
    I'm glad I am a Tree
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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>Shiro is banned from all trade dollar threads after forgetting about the 1873 transition from the Seated Dollar to the Trade Dollar! image >>



    Far be it from me to forget a transition coin!

    The trade dollar and standard silver dollar were different animals. The last standard silver dollar was struck in Febrauary 1873 and the new trade dollar was struck in July, but as a bullion coin and not as a replacement for the standard silver dollar.

    For shame, TDN-- confusing the two! image
    image
    Obscurum per obscurius
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    But the trade dollar was still a legal tender dollar (Up to $5) that could and did circulate here in the US. So I would think it would qualify as a transition date.
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    tradedollarnuttradedollarnut Posts: 20,666 ✭✭✭✭✭
    Agreed! The fact that it was legal tender as a dollar overrules Shiroh's technical objection. image

    At least he doesn't have to worry about the 1878 transition, as the trade dollar was demonetized at the time!
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    EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭
    No way, Jose. That the TD was legal tender does NOT mean that it was a transitional piece following the Seated Dollar. They are two different denominations: the TD and the Standard Dollar.

    Otherwise, you can say that the Gold Dollar and the Morgan Dollar are applicable... But, they aren't 'cuz they're of two different denominations.

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

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    shirohniichanshirohniichan Posts: 4,992 ✭✭✭


    << <i>No way, Jose. That the TD was legal tender does NOT mean that it was a transitional piece following the Seated Dollar. They are two different denominations: the TD and the Standard Dollar.

    Otherwise, you can say that the Gold Dollar and the Morgan Dollar are applicable... But, they aren't 'cuz they're of two different denominations.

    EVP >>



    I knew I always liked EVP. image

    The standard silver dollar, the trade dollar, the gold dollar, $1.00 in subsidiary coin, and paper dollars all traded at different rates from 1873 until silver dollars were given unrestricted legal tender status again. The trade dollar was never intended to circulate in the US as a dollar, and the fact that bullion traders and others used them domestically after their bullion content was less than $1.00 in gold led to their discontinuation and demonetization.
    image
    Obscurum per obscurius
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    MacCoinMacCoin Posts: 2,544 ✭✭
    the only thing I know about trade dollars is to ask shirohniichan
    image


    I hate it when you see my post before I can edit the spelling.

    Always looking for nice type coins

    my local dealer
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    You guys are sounding like Trekkies discussing Hyperdrive! image
    Chill!image
    Glenn

    Live Long and Prospect.

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