Trade Dollar

Brief Description

The coin clearly shows the reverse side of a U.S. Trade Dollar. It features an eagle with outstretched wings, holding arrows and an olive branch. Above the eagle, it reads "UNITED STATES OF AMERICA," and below, "TRADE DOLLAR." The coin appears to be made of a silvery metal and has some toning or discoloration on its surface.

Historical Significance

The U.S. Trade Dollar was authorized by the Coinage Act of 1873, primarily to compete with Mexican silver dollars in trade with East Asian countries, particularly China. It was heavier than a standard silver dollar, designed to contain more silver to be accepted in international commerce. Although initially intended for export, they were legal tender in the U.S. until 1876 when their legal tender status was revoked due to a drop in silver prices. This made them largely obsolete as circulating currency in the U.S., but they continued to be used for trade.

Estimated Value

The estimated value of a Trade Dollar varies greatly depending on its year, mint mark, condition (grade), and any special varieties. Given the visible toning and apparent circulation, its value could range from \"good\" to \"fine\" condition. For an accurate valuation, professional grading by a third-party service (like PCGS or NGC) would be necessary. In general, circulated Trade Dollars can range from $150 to $1,000+, with uncirculated examples fetching thousands.

Care Instructions

Handle the coin by its edges to avoid transferring oils from your skin. Store it in a cool, dry place, ideally in a non-PVC holder (such as Mylar or archival-safe flips) or a slab certified by a reputable grading service. Do not clean the coin, as cleaning can significantly devalue it.

Created At: 2025-08-13T17:08:04.725768