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China Trade Dollar

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Author Previous TopicReplies: 9 / Views: 1,630Next Topic  
Pillar of the Community
Petrus's Avatar
Belgium
2895 Posts
 Posted 09/27/2014  4:09 pm Show Profile   Bookmark this topic Add Petrus to your friends list Get a Link to this Message Number of Subscribers
Can anyone tell me the story of the chinees ' Trade dollars'.
Text on this kind of coins say that they are 0.900 silver.
But they don't feel or look silver.
I think they are modern tourist reproductions.
The owner of that coin told me that they are actually not silver but only a representation of silver and were used by traders and only by traders.
The coin is about 40mm.
I am sorry but I do not have a picture.
One side says in chinese : 1 yen
It looks very much like this : http://china-mint.info/forum/index....h=8726;image
but in place of '1 yen' I can read ' Trade dollar'

Thanks for your help
Pillar of the Community
Petrus's Avatar
Belgium
2895 Posts
 Posted 09/27/2014  4:13 pm  Show Profile   Bookmark this reply Add Petrus to your friends list Get a Link to this Reply
this is the one I mean :
http://www.google.be/imgres?imgurl=http://i00.i.aliimg.com/wsphoto/v0/1842841996_1/JAPAN-font-b-1875-b-font-font-b-Trade-b-font-font-b-Dollar-b-font.jpg&imgrefurl=http://www.aliexpress.com/promotion/bargain-deals_trade-dollar-1875-promotion.html&h=480&w=640&tbnid=QUi17gvw_C0CeM:&zoom=1&docid=Jb8IW4wQm187qM&itg=1&ei=QgUnVMvXCMmUaumlgOgN&tbm=isch&ved=0CIgBEDMoYzBj&iact=rc&uact=3&dur=15391&page=5&start=85&ndsp=22
(I hope this link will work here)
Valued Member
Oysterk's Avatar
United States
88 Posts
 Posted 09/27/2014  8:59 pm  Show Profile   Bookmark this reply Add Oysterk to your friends list Get a Link to this Reply
I'll wait for the experts, but those look fake to me. I don't think they're silver, either.
Pillar of the Community
Petrus's Avatar
Belgium
2895 Posts
 Posted 09/28/2014  11:45 am  Show Profile   Bookmark this reply Add Petrus to your friends list Get a Link to this Reply
Indeed, no silver
Pillar of the Community
Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 09/28/2014  12:03 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
I can't see the pics, but are you talking about a Japanese Trade dollar?
http://lmgtfy.com/?q=Japanese+trade+dollar
Pillar of the Community
Petrus's Avatar
Belgium
2895 Posts
 Posted 09/28/2014  4:33 pm  Show Profile   Bookmark this reply Add Petrus to your friends list Get a Link to this Reply
One side is like last picture here and other side is like 3th picture.
https://goccf.com/t/105854
I know it is fake but I have been told that they are really used to trade.
Valued Member
ProAmerica's Avatar
United States
64 Posts
 Posted 09/28/2014  4:59 pm  Show Profile   Bookmark this reply Add ProAmerica to your friends list Get a Link to this Reply
It is kinda like silverware now a days: they arent silver, despite the name.
New Member
Coinpicker's Avatar
Canada
29 Posts
 Posted 09/28/2014  6:06 pm  Show Profile   Bookmark this reply Add Coinpicker to your friends list Get a Link to this Reply
Those Japanese Trade dollars were made for the China trade back in the 1800's. The "yen" denomination was specifically removed to make sure people treated them as a bullion silver piece and not try to redeem them for a Japanese yen in Japan if silver value went down. If it does not contain .900 silver like is guaranteed written on the coin, then it is a modern copy. Should be 38.5mm in diameter and 27 grams in weight for the real thing. Only made for 3 years: Meiji Yr 8, 9, & 10(1875,1876, &1877). Chinese merchants used to add chop marks to check if they were really silver as well as to identify them as received by their company. Took me years to build up an affordable 3 coin set and some chop marked examples as well.
Pillar of the Community
Petrus's Avatar
Belgium
2895 Posts
 Posted 09/28/2014  6:46 pm  Show Profile   Bookmark this reply Add Petrus to your friends list Get a Link to this Reply
Thanks everybody for your reactions!
Pillar of the Community
Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 09/28/2014  7:44 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
Two types of Japanese one yen silver coins were used in China as far as I know:
There was the Japanese Trade dollar and normal one yen coins that were counterstamped with the character meaning "Silver" next to the big "1 Yen" on the back, like the one in the first link.
Those were also the same idea as the Trade dollars, and they were counterstamped to prevent them from being treated as normal one yens and exchanged for face value when silver went down, but treated as bullion.
The counterstamped ones also circulated in Korea.
Edited by Matteproof
09/28/2014 7:45 pm
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