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1878 S Trade Dollar Help

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babysitr
Valued Member
United States
336 Posts
 Posted 04/15/2012  4:19 pm Show Profile Check babysitr's eBay Listings Bookmark this topic Add babysitr to your friends list Get a Link to this Message

I'm a new member and need some help....this is my new trade dollar....it weigs 27.3g....several other collectors looked at it and all feel it's legit...looking for opinions of the grade and anything else any of you can help me with!...i've done a lot of research and know there are a lot of fakes out there...thank you all!



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United States
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 Posted 04/15/2012  4:27 pm  Show Profile Check SsuperDdave's eBay Listings Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The technical details of the coin are accurate-enough for it to be given serious consideration of authenticity. However, it's been heavily polished, which pretty much kills its' value. It looks as if it may never have seen circulation, so what could have been a $1500 coin is now a $250 coin at best.

It's a crying shame.
The best thing about a bicycle is that it uses no gasoline, therefore the chance of fiery death is greatly reduced.

First Catman, then Gary Burke and now Bigg Fredd - there's one heck of a coin club in Heaven.
Valued Member
United States
336 Posts
 Posted 04/15/2012  4:33 pm  Show Profile Check babysitr's eBay Listings Bookmark this reply Add babysitr to your friends list Get a Link to this Reply
thank you super dave....just paid $215 for this coin...hope that was a fair deal?
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United States
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 Posted 04/15/2012  5:10 pm  Show Profile Check SsuperDdave's eBay Listings Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
If it's genuine, yes, I'd call it a decent deal. It's the most common Trade Dollar, but that's a relative term with Trade Dollars, and they don't exactly grow on trees with as much detail as yours shows. Even worse, the polishing was so hard that it likely removed details itself, so the technical grade of the original coin might even have been higher.

Either way, that coin has changed hands from someone (some past owner, not necessarily the one who sold it to you) who had so little knowledge and respect that they wrecked a valuable coin in the interest of making it "pretty," into the hands of someone who can appreciate and respect it. This is a win.
The best thing about a bicycle is that it uses no gasoline, therefore the chance of fiery death is greatly reduced.

First Catman, then Gary Burke and now Bigg Fredd - there's one heck of a coin club in Heaven.
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Canada
1722 Posts
 Posted 04/15/2012  6:23 pm  Show Profile Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
That sure has been polished. Like Dave said that is a very high grade coin and it sucks that it was shined up.
2003 silver eagle for sale. Pics are on the link.http://www.coincommunity.com/forum/...ctionID=4491
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United States
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 Posted 04/15/2012  8:28 pm  Show Profile Bookmark this reply Add argentum to your friends list Get a Link to this Reply
From what I've read around here (no personal experience), it could not hurt to have a TPG look at it and slab it.

I may be wrong in this case though.
Oldest US coin in my collection: 1851 Large Cent
Oldest Foreign coin in my collection: 1945 Australian Sixpence
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