Chopped Trade Dollar Question ?

CarsonCityGold · June 13, 2005 12:26AM

I've started (hopefully very carefully) picking up a few Trade Dollar, both chopped and not. In looking at the chopped Trade dollar registry sets, I noticed that several are graded in the MS range. If the theory is that they were "chopped" by Asain merchants as a mark that thay had weighed them while being used in commerce, wouldn't the highest possible grade for a chopmarked dollar be an AU58?? Just a thought. Any opinions? - P.S. - Any books or reference material on the chop marks - like what marks were which merchants? Thanks, CCG

morgannut2 · June 13, 2005 12:54AM

Uncirculted = never in commerce. Mint State = appearing to have never been in commerce, looks as not circulated (but might have). MS superb chopped Trade Dollars= certain collectors will mow your lawn this summer to earn them..

tradedollarnut · June 13, 2005 12:55AM

If you pull a shiny quarter out of your pocket and send it to PCGS for grading, theoretically the highest grade it should receive is AU58... but odds are it will receive an uncirculated grade.

'Uncirculated' in the context of grading is a statement of condition, not an absolute. It doesn't mean the coin hasn't circulated.

CarsonCityGold · June 13, 2005 3:20AM

Thanks. Anyone know of any info on the various chop marks?

tradedollarnut · June 13, 2005 3:44AM

There is a website that goes into that matter - but I don't remember it. Ask Shiro or try a google search.

Chopped Trade Dollar Question ?

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