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1878-S Trade Dollar - Can You Grade This And Explain The Damage?

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Bedrock of the Community
numismatic student's Avatar
United States
11896 Posts
 Posted 10/25/2025  1:58 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
For collectors it is a tough choice, deciding how to spend a limited budget. I think that I collect on the higher but not the highest end. I still have a budget and constraints.

People approach how to build a collection differently. This approach should suit your goals, preferences and budget. Sometimes you meet people that try to impose their preferences on you and tell you that their way is the only correct way and the best way to do things. Sometimes they tell you these things because they care about you and don't want you to repeat their mistakes, and sometimes they tell you this because it is the only experience they have had under their specific set of circumstances.

It looks like you have a strong sense of your goals and preferences, so just do you. There is an art to learning and growing within a community and it involves taking in what is useful and discarding what is not so useful, preferably with grace. Learning to do this over time, people used to call it growing up or maturing into something. This can happen at any age and that is the fun of collecting imho.

Nice coin BTW and I can see what attracted you to this purchase.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Pillar of the Community
Everest's Avatar
Taiwan
606 Posts
 Posted 10/25/2025  5:20 pm  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
Well said numismatic student. Bdic: Numismatically speaking your coin is not beautiful or rare. Referring to it as such
is a misnomer. I am in a similar situation as I am putting together a set of Japanese Trade dollars from 1870-1897 that
are chopmarked with a Gin counterstamp. These coins are covered with Chops and considered downright ugly and
damaged by some of my fellow collectors and I agree but to me each Chop tells a story and that is interesting to me.
When I look at your coin I think what was going on in San Francisco in 1878 (anti Chinese race riots) or the Nation.
The Bland-Allison act was passed which led to the minting of Morgan dollars.
There are so many different ways to approach and enjoy this hobby. You have the ticket and you are the conductor.
Valued Member
Bdlc's Avatar
United States
113 Posts
 Posted 10/25/2025  6:01 pm  Show Profile   Bookmark this reply Add Bdlc to your friends list Get a Link to this Reply
Everest: I agree with the perspective. I do see how someone might make a collecting career out of the chop-marks of the Trade dollars of the time. It would be a fascinating rabbit hole to be going down I'm sure.

I am going to continue to feel my TD is both rare, beautiful, and unique. It was just trying to find someone who could appreciate it's pain, it's my rescue TD.
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