1879 Trade Dollar (PF-65 Condition) The 1879 Trade Dollar is considered by many numismatists to be a key date in a historically significant coin series, which is why it was chosen to belong to the Rare Coin Values Index. Amazingly, the 1879 Trade Dollar in PF-65 condition has a very mediocre rate of appreciation.
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 kind of reverse does 1878 trade dollar have?
Thus, many of the fake 1878-cc Trade dollars for sale raw have a type 1 reverse. It’s also common to see a type-2 reverse on fake 1873 and 1874 coins. Next: the basics of dentistry (dentil analysis) Vess1, john65999, Molon Labe and 27 others like this.
What was the value of a trade dollar in 1876?
The Trade Dollar might have achieved its purpose for many years had it not been for events in America. 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.
What kind of money was used in 1879?
During the late 1800s, silver dollars were a popular form of currency in the United States. The 1879 Silver Dollar was one of the coins produced during this time. We’ll learn about the various mints of the 1879 Morgan Dollars and what influences their values in today’s market.
Who was the creator of the 1879 silver dollar?
History of the 1879 Silver Dollar. The 1879 Silver dollar was created by George T. Morgan. Morgan was the engraver who became famous for designing many popular coins, including the Morgan dollars. The 1879 silver dollar was a result of the Bland-Allison Act.
How much is a 1873 trade dollar worth?
Trade Dollar, MS Price Changes PCGS # De PCGS # Description Desig 65 PCGS # Description Desig 4 66 7030 Type MS + 175 ▲22,500 ▲35,000 7031 Shop 1873 Trade MS + 175 ▲27,500 ▲45,000 7032 Shop 1873-CC MS + 375
