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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
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
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Comments
Chris
Trade dollars lead to madness-- beware.
Obscurum per obscurius
It's there! Towards the bottom of the list. By no means, reference worth, using the PCGS guide!...
<< <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 around
<< <i>Shiro is banned from all trade dollar threads after forgetting about the 1873 transition from the Seated Dollar to the Trade Dollar!
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!
Obscurum per obscurius
At least he doesn't have to worry about the 1878 transition, as the trade dollar was demonetized at the time!
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
<< <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.
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.
Obscurum per obscurius
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
Chill!
Live Long and Prospect.