Trade Dollars were struck from 1873 to 1885 and coins were minted in Philadelphia, Carson City, and San Francisco. They were slightly heavier than Seated Liberty and Morgan Dollars as they were issued to circulate in Asia and compete with similar size dollar coins from other countries. Many were counter stamped with Oriental characters that are referred to as “chop marks”.
Trade Dollars were legal tender in the United States until silver prices plummeted in 1878 and that status was revoked. Only proofs were made from 1879 until the end of the series in 1885.
This series is very popular with collectors and a few rarities exist. 1884 and 1885 saw mintages of 5 and 10 respectively and sell for large sums of money on the rare occasions that they are offered. The 1878-CC is the ‘key’ business strike with a mintage of 97,000.
Blast white and thickly frosted with dramatic 'black & white' contrast. Only 3 DCAM's have graded numerically finer at PCGS.
Well struck with lustrous white surfaces and just a touch of 'rub'.
A needle-sharp strike with frosty champagne-white luster and touches of golden violet-blue along the periphery. An exceptional example of this scarce date with just 3 pieces grading numerically finer at PCGS.
The only major Trade Dollar variety listed in the Redbook and recognized by PCGS. It is also the rarest of all Trade Dollars in mint state. This is a very attractive example with satiny white luster, a sharp strike, and exceptionally clean surfaces for the grade.
Obverse 1, Reverse 1.
Beautiful mostly white surfaces with a very light golden tint. The design features are heavily frosted and contrast boldly with the deep reflective fields. A proof-only date with a mintage of just 1,987. Nearly flawless and truly magnificant!