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How Many "Chop Marks" Is Too Many?

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gcpd35's Avatar
United States
49 Posts
 Posted 03/16/2008  1:10 pm Show Profile   Bookmark this topic Add gcpd35 to your friends list Get a Link to this Message Number of Subscribers
I picked up a 1874 CC Trade dollar a while back, and it has several "chop marks". So many that the coin actually looks mutilated. I love the history behind the coin and thinking of how many times it crossed the pond, but does it detract from the value of the coin? Just for FYI, it looks like there is 15-20 "chop marks" on the coin but it's pretty hard to count. Overall the coin does have some beautiful golden colored toning. Just curious as to how the value is effected.
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 03/16/2008  1:23 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
G'day, I have a Spanish dollar with a dozen or so shop marks. I think I got it at a good price: maybe because others weren't as interested because of the marks.
To me, that's an integral part of the story, and adds to the interest, if not the value of such a coin.
Peter in Oz
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MarkJ's Avatar
United States
130 Posts
 Posted 03/16/2008  2:24 pm  Show Profile   Bookmark this reply Add MarkJ to your friends list Get a Link to this Reply
I don't know what a chop mark looks like.

Can you post a photo or two?
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gcpd35's Avatar
United States
49 Posts
 Posted 03/16/2008  4:09 pm  Show Profile   Bookmark this reply Add gcpd35 to your friends list Get a Link to this Reply
I would love to post a picture, but I don't have the technology. I'm still amazed that when I type on this here typewriter, it shows up on this funny looking TV.
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Learjet's Avatar
Australia
655 Posts
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Bilbo's Avatar
United States
812 Posts
 Posted 03/16/2008  4:43 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Trade dollars and Spanish dollars sell for more if they do not have chop marks.

Here is a link to a Trade dollar with a lot of chop marks:

http://www.coinpage.com/coin-image-5331.html

These marks were added by merchants (typically in China) to indicate that the silver was good and of the proper weight. I believe they were also a form of advertising for the merchant.
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MarkJ's Avatar
United States
130 Posts
 Posted 03/16/2008  11:28 pm  Show Profile   Bookmark this reply Add MarkJ to your friends list Get a Link to this Reply
Thanks for the info and photos!
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hadleydog's Avatar
Canada
1267 Posts
 Posted 03/17/2008  05:16 am  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
An 1874-cc TD that's just covered with chopmarks?
At least for me, your coin has a significant coolness factor over an unmarked coin. It's unique.
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MorganNoob's Avatar
United States
533 Posts
 Posted 03/17/2008  10:25 am  Show Profile   Bookmark this reply Add MorganNoob to your friends list Get a Link to this Reply


That is a sweet looking coin. Thanks for the pics.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 03/17/2008  1:46 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Yup !........that "posting pics" thing has been haunting me too.....got em' in the camera.....but it won't let me "upload" em'.....
This "technology thing" is sure fun......but when there's a "problem".......HOLY CHRISTMAS !!......makes me want to get a sledgehammer !
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jbuck's Avatar
United States
187702 Posts
 Posted 03/17/2008  5:59 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have not gotten a Trade dollar for my 7070 yet. I have found that the ones with chop marks are cheaper, which tells me the market prefers them to be free of them.

But is this any different than people that prefer a circulated coin instead of an uncirculated one?

If the chop marks give you that feeling of "Wow, where has this thing been? What stories can it tell?" then how could there be too many?

It is always up to you. If you like it for what it is, then there are not too many! IMHO, value is only important if you need/want to sell it. Keep it!
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JimR's Avatar
United States
1490 Posts
 Posted 03/17/2008  6:48 pm  Show Profile   Bookmark this reply Add JimR to your friends list Get a Link to this Reply
Personally I like chop marks. However I prefer them to have a limited number of them so that I can still see the coins devices.

Here is one that belongs to my Dad. I especially like this one. It has one chop mark on the obverse and six on the reverse. If I could change one thing about this coin it would be to move the chop mark directly on the eagles face to another area of the coin.

Sorry the pics are so small. I guess the resolution on these pics are really high because I had to resize them alot in order to meet the 100K limit.

How-Many-




How-Many-

Edited by JimR
03/17/2008 6:51 pm
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 03/18/2008  12:04 am  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
Chop marks all the way.

If you're one of those people who talk about the "history" of a coin, I don't see how you could NOT have one with chop marks.
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