Wiki User
∙ 14y agoThe coin has no collectible value unless you find someone that wants it. But its still has some value just for the silver.
Wiki User
∙ 14y agoTrade Dollars were minted from 1873 to 1885. The dollar that was minted in 1872 was the Seated Liberty Dollar, if it has a (CC) mintmark and the coin is in good condition, the coin could be worth thousands. *If it says 1872, and Trade Dollar, it is a copy (fake) of a pattern coin from 1873, which used the Seated Liberty obverse and one of two "trade dollar" reverse sides. These copies are readily and cheaply available, and some do not bear the legally-required 'COPY' imprint. Most contain no silver at all.
The 1847 Liberty Seated Dollar reverse is not the same as a Trade Dollar dated 1874. The eagles face different directions, Liberty Seated is left and the Trade Dollar is right. Also on the obverse of the Liberty Seated coin the body is facing right with head left and with the Trade Dollar the body and head are both facing left. The only way a 1847 dollar would have the reverse of a 1874 Trade Dollar is if it's counterfeit. I suggest showing it to a collector or dealer for their opinion.
The first Trade Dollars were minted in 1873. If your coin says Trade Dollar on the back and is dated 1872 it is a counterfeit. If it does not say Trade Dollar, then it could be a genuine Liberty Seated dollar. You should have it inspected by a dealer or certification agency because its value could range from $300 to $1000 depending on condition.
Trade dollars were only struck as proof coins in that year. If your coin has a picture of Miss Liberty in a sitting position and the words TRADE DOLLAR on the back, you should have it checked for authenticity; there are many counterfeits. If it only has a picture of Miss Liberty's head you have a Morgan dollar, not a Trade dollar. See the Related Link in that case.
A genuine 1883 U.S. trade dollar is worth no less than $700 and quite possibly over $1,000 depending on condition. Note: An actual trade dollar has the Seated Liberty design on the obverse (heads) side and says "120 grains 900 fine" and "trade dollar" on the reverse (tails) side. If one side is only a woman's face, and the other side has an eagle and says "one dollar," then it's an 1883 Morgan dollar, worth about $25.
On the front of a Trade Dollar it has Lady Liberty seated facing the left and on the back below the eagle TRADE DOLLAR. A Morgan Dollar has the head of Lady Liberty on the front.
Aside from the minor differences in design, the greatest difference between the US Trade Dollar and the Seated Liberty Dollar is the weight. The Liberty Seated Dollar weighs 26.73 grams while the US Trade Dollar weighs 27.22 grams. Both contained 90% silver and 10% copper altthough the Trade Dollar had slightly more silver in it. The Trade Dollar was issued primarily for circulation in the Orient while the Seated Liberty Dollar was issued for circulation in the USA.
Trade Dollars were minted from 1873 to 1885. The dollar that was minted in 1872 was the Seated Liberty Dollar, if it has a (CC) mintmark and the coin is in good condition, the coin could be worth thousands. *If it says 1872, and Trade Dollar, it is a copy (fake) of a pattern coin from 1873, which used the Seated Liberty obverse and one of two "trade dollar" reverse sides. These copies are readily and cheaply available, and some do not bear the legally-required 'COPY' imprint. Most contain no silver at all.
The 1847 Liberty Seated Dollar reverse is not the same as a Trade Dollar dated 1874. The eagles face different directions, Liberty Seated is left and the Trade Dollar is right. Also on the obverse of the Liberty Seated coin the body is facing right with head left and with the Trade Dollar the body and head are both facing left. The only way a 1847 dollar would have the reverse of a 1874 Trade Dollar is if it's counterfeit. I suggest showing it to a collector or dealer for their opinion.
The first Trade Dollars were minted in 1873. If your coin says Trade Dollar on the back and is dated 1872 it is a counterfeit. If it does not say Trade Dollar, then it could be a genuine Liberty Seated dollar. You should have it inspected by a dealer or certification agency because its value could range from $300 to $1000 depending on condition.
Trade dollars were only struck as proof coins in that year. If your coin has a picture of Miss Liberty in a sitting position and the words TRADE DOLLAR on the back, you should have it checked for authenticity; there are many counterfeits. If it only has a picture of Miss Liberty's head you have a Morgan dollar, not a Trade dollar. See the Related Link in that case.
The Liberty Seated dollar has the same diameter as Trade, Morgan & Peace dollars, it's 38.1mm. The thickness is 2.4mm.
In 1875 silver dollars were called Trade Dollars and are valued from $200 to $125,000 depending upon the mint mark and the condition of the coin.
A genuine 1883 U.S. trade dollar is worth no less than $700 and quite possibly over $1,000 depending on condition. Note: An actual trade dollar has the Seated Liberty design on the obverse (heads) side and says "120 grains 900 fine" and "trade dollar" on the reverse (tails) side. If one side is only a woman's face, and the other side has an eagle and says "one dollar," then it's an 1883 Morgan dollar, worth about $25.
The first year Trade Dollars were issued was 1873. Many wrong-date counterfeits exist. If it does have "TRADE DOLLAR" on the reverse. It is definitely a fake. If not, it's a 1872 Seated Liberty dollar that needs to be seen for an accurate value. Take it to a coin dealer.
The first US Trade Dollar was issued in 1873 and the United States did not exist in 1704.
Seated Liberty dollars were made from 1840-1873. A US dollar coin dated 1876 is a TRADE DOLLAR (1873-1885) and is marked as this on the reverse. This coin in average circulated condition has retail values of $90.00-$225.00 depending on the actual grade of the coin. Above average circulated coins have higher values, up to $600.00