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Trade Dollars (1873 - 1885)

This coin was issued for circulation in Asia to compete with dollar-sized coins of other countries. They were legal tender in the United States, but when silver prices declined, Congress repealed the provision and authorized the Treasury to limit coinage to export demand. Many pieces that circulated in the Orient were counterstamped with Oriental characters, known as chopmarks. In 1887, the Treasury redeemed trade dollars that were not mutilated. The law authorizing trade dollars was repealed in February 1887. Modifications to the trade dollar design are distinguished as follows:

• Reverse 1: Berry under eagle’s left (viewer’s right) talon; arrowhead ends over 0. Used on all coins from all mints in 1873 and 1874, and occasionally in 1875 and 1876.

• Reverse 2: Without extra berry under talon; arrowhead ends over 2. Used occasionally at all mints from 1875 through 1876, and on all coins from all mints 1877 through 1885.

• Obverse 1: Ends of scroll point to left; extended hand has only three fingers. Used on coins at all mints 1873 through 1876.

• Obverse 2: Ends of scroll point downward; hand has four fingers. Used in combination with Reverse 2 on varieties of 1876 and 1876-S, and on all coins at all mints from 1877 through 1885.

Trade Dollars (1873 - 1885)
1873 - 1885

Liberty Seated (1873 - 1885)

Coin Attributes

  • Design Years: 1873 - 1885
    Designer: William Barber
    Weight: 27.220 grams
    Diameter:38.1 mm
    Composition:
    • 0.9000 silver, 0.1000 copper
    Edge: reeded
    Metal Oz: 0.78740
    Melt Value (silver): $14.74
Grade Price Guide
Circ|MS|PF
  • Description
  • Mintage
  • VG-8 Very Good. Very Good. About half of mottoes IN GOD WE TRUST (on Liberty's pedestal) and E PLURIBUS UNUM (on reverse ribbon) visible. Rim on both sides well defined.
  • F-12 Fine. Fine. Mottoes and LIBERTY legible but worn.
  • VF-20 Very Fine. Very Fine.
  • EF-40 Extremely Fine. Extremely Fine. Mottoes and LIBERTY sharp. Only slight wear on rims.
  • AU-50 About Uncirculated. About Uncirculated. Slight trace of wear on Liberty's left breast and left knee and on hair above ear, as well as on eagle's head, knee, and wing tips.
  • MS-60 Uncirculated. Uncirculated. No trace of wear. Light blemishes.
  • MS-62 Choice Unc.. Choice Unc..
  • MS-63 Choice Uncirculated. Choice Uncirculated. Some distracting contact marks or blemishes in prime focal areas. Impaired luster possible.
  • MS-64 Very Choice Unc.. Very Choice Unc..
  • MS-65 Gem Uncirculated. Gem Uncirculated.
  • PF-40 PF-40. PF-40.
  • PF-60 PF-60. PF-60.
  • PF-63 Choice Proof. Choice Proof. Reflective surfaces with few blemishes in secondary focal places. No major flaws.
  • PF-64 Gem Proof. Gem Proof.
  • PF-65 Gem Proof. Gem Proof.
  • 1873CC
  • 124,500
    • 1875CC
    • 1,573,700
      • 1875S
      • 4,487,000
        • 1876
        • 455,000
          • 1876CC
          • 509,000
            • 1876S
            • 5,227,000
              • 1876S
              • 5,227,000
                • 1877

                  1877

                  Trade Dollars Trade Dollars (1873 - 1885) 1877
                  Trade Dollars Trade Dollars (1873 - 1885) 1877
                • 3,039,200
                • 160
                • 1877S
                • 9,519,000
                  • 1878S
                  • 4,162,000
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