1876-CC Trade Dollar Prices And Grades Range Wide

Numismatic News - If you had been handed a Trade dollar back in 1877, you might have been unsure how to handle it as it just had had its legal-tender status revoked. Some were saying they were silver dollars and worth as much while others correctly said they were worth their silver value. At the time, their silver value was declining to where they were worth less than a dollar.


The 1876-CC Trade dollar with a mintage of 509,000 coins varies widely in price,
going from $225 in G-4 to $64,000 in MS-65 where just one coin is known.

Everyone in numismatics seems uncertain what to do with Trade dollars. Price guides sometimes have them before Morgan dollars and other times have them in back of all silver dollars.

The 1876-CC Trade Dollar mintage was average with 509,000 struck. In 1876, many Trade dollars were shipped to ports of China for commerce. If that happened, the 1876-CC handed to a merchant in China might never return to the United States. If returned it would do so with chops of acceptance from a Chinese merchant. It is possible some coins returned to the United States without chops and joined those released in circulation.

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