Although this 420 grain/27.22gm. .900 fine silver coin was originally authorized by the act of February 12 1873, to compete with other trade coins of the day in the Orient, it was also provided with legal tender status. The legal tender provision was erased by a June 22, 1876 law.
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.
Is the 1872 trade dollar really a fake?
Patterns were made in 1871 and 1872, but they are quite different from the coin that was eventually coined in 1873. So an 1872-S trade dollar is a fake. Click to expand… Good to know! I didn’t even notice the date an 1872 Trade dollar is worse than an 1805 dRAPED DOLLAR i ONCE SAW ON EBAY . Click to expand…
What is the weight of a US trade dollar?
Under the eagle is the weight and fineness of the coin, appearing as 420 GRAINS, 900 FINE. The inscriptions UNITED STATES OF AMERICA and TRADE DOLLAR appear above and below, with E PLURIBUS UNUM appearing on a banner directly above the eagle.
How can you tell if a dollar is a counterfeit?
Tips of how to detect counterfeit US trade dollars. 1) The best and true way to identify fake coins is through their weight, fake coins are silver washed over copper or alloyed metals and weight much lighter whereas a real Trade Dollar will weigh 27.22 grams.
When did the US trade dollar become legal tender?
The US trade dollars is the only US monetary obligation that has ever been in effect demonetized. Although this 420 grain/27.22gm. .900 fine silver coin was originally authorized by the act of February 12 1873, to compete with other trade coins of the day in the Orient, it was also provided with legal tender status.
