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1877-S US Seated Liberty Trade Dollar, Chopped and Unique

$ 71.25

Availability: 96 in stock
  • Grade: Ungraded
  • Year: 1877
  • Strike Type: Business
  • Modified Item: Yes
  • Mint Location: San Francisco
  • Denomination:
  • Modification Description: Chopped
  • Country/Region of Manufacture: United States
  • Circulated/Uncirculated: Circulated
  • Composition: Silver
  • Coin: Trade Dollars
  • All returns accepted: ReturnsNotAccepted
  • Certification: Uncertified

    Description

    This is an
    1877 US Trade Dollar from the San Francisco Mint.
    Trade dollars were larger than regular silver dollars for a reason – they were designed to be exported to help expand trade with China, whose merchants wanted silver coins, not gold.  This is a chunky 27 grams of .900 Silver.
    When a Trade dollar reaching the ports in China was accepted by a merchant as being full value, the merchant would
    chop
    the coin, which was to stamp his unique
    Chinese character on it. As a coin changed hands from one merchant to another, it could receive a number of different chops from the various merchants. The coins
    with such chops have always been an
    interesting
    but not a well understood group, as they present a problem in terms of how collectors evaluate them.
    Each one is unique and carries a bit of history with it..
    This is the coin you will receive.  If you want more photos, just ask
    I ship USPS
    , no international sales, please.