Table of Contents
- 1 Is my 1872 Trade dollar real?
- 2 What is the value of an 1872 trade dollar?
- 3 What is the weight of a Morgan silver dollar?
- 4 How much is a 1872 silver half dollar worth?
- 5 How do you spot fake coins?
- 6 How many grains are in a US trade dollar?
- 7 What are the markings on a US trade dollar?
- 8 What was the value of a trade dollar in 1876?
Is my 1872 Trade dollar real?
1872 Counterfeit dollar are not seen regularly, but NGC graders did identify one such fake several months ago. This piece is about average quality and almost certainly imported from China in the last decade. Overall, the design details appear softer than normal, particularly on the reverse.
What is the value of an 1872 trade dollar?
The 1872 dollar with no mint mark is worth around $350 in very good condition. In very fine condition the value is around $450. In extremely fine condition the value is around $500. In uncirculated condition the price is around $2,100 for coins with an MS 60 grade.
Where is the mint mark on a trade dollar?
Trade silver dollars were produced at three different mints: Philadelphia (no mint mark), Carson City (CC) and San Francisco (S). As illustrated in the picture link below, the mint mark is located on the reverse of the coin, near the bottom just above the words “TRADE DOLLAR”.
What is the weight of a Morgan silver dollar?
26.73 g
Morgan dollar
| Value | 1 United States dollar |
| Mass | 26.73 g (412½ gr) |
| Diameter | 38.1 mm (1.5 in) |
| Thickness | 2.4 mm (0.09 in) |
| Obverse |
|---|
How much is a 1872 silver half dollar worth?
CoinTrackers.com has estimated the 1872 Seated Liberty Half Dollar value at an average of $17.00, one in certified mint state (MS+) could be worth $1,136.
What is the value of Morgan silver dollars?
Morgan silver dollars range in price from as low as $20 to as high as tens of thousands of dollars. It depends on their condition and the date they were minted, among other factors.
How do you spot fake coins?
Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. Fake coins often times will contain hole markings. Additionally, many coins have intricate designs or textures that are associated with that particular coin and its series.
How many grains are in a US trade dollar?
The Trade Dollar weighed 420 grains (.900 fine — i.e. 90% silver), compared to the peso at 416 grains (.903 fine) and the standard silver dollar at 412.5 grains (.900 fine). The US Trade Dollar design depicted Lady Liberty resting on a cotton bale by the seashore. To her back stands a shock of grain.
What was the US trade dollar in 1873?
In 1873, Congress sought to negate the peso’s advantage and promote American commerce overseas at the same time by authorizing a new coin called the US Trade Dollar. The Trade Dollar weighed 420 grains (.900 fine — i.e. 90% silver), compared to the peso at 416 grains (.903 fine) and the standard silver dollar at 412.5 grains (.900 fine).
What are the markings on a US trade dollar?
Below the eagle are the inscriptions “420 GRAINS .900 FINE” and “TRADE DOLLAR”. On the home front, silver Trade Dollars were approved as legal tender in domestic transactions up to five dollars, but nearly all of them produced during the first two years were sent overseas, where they were received enthusiastically.
What was the value of a trade dollar in 1876?
By 1876, mine owners in western states were dumping massive amounts of silver onto the market, sending the silver price into a tailspin, dropping the intrinsic metal value of a Trade Dollar to levels as low as 80 cents.