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1877-S Trade Dollar Chopped

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Bedrock of the Community
numismatic student's Avatar
United States
11894 Posts
 Posted 11/29/2016  11:15 pm Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
This one has a lot of luster and is an attractive coin in hand. The lighting does it a disservice. What grade would it be with the chops? Any idea of value? Thanks.

1877-S-Trade-Dollar-Chopped

1877-S-Trade-Dollar-Chopped
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
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IndianGoldEagle's Avatar
United States
36770 Posts
 Posted 11/30/2016  09:07 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-55 details, cleaned. Still a very nice example. I always preferred the TD's with chop marks.
Bedrock of the Community
numismatic student's Avatar
United States
11894 Posts
 Posted 11/30/2016  09:28 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thanks for all your input IGE. Any idea what the damage to the left of UNITED is in the reverse? Looks raised as opposed a chop which would be sunk.
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
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IndianGoldEagle's Avatar
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36770 Posts
 Posted 11/30/2016  09:30 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
It's caused by the chop being applied to the obverse in that location. You can also see the mark on the obverse above Liberty's head from the chop applied to the reverse over the .900 Fine. Chops were applied by hitting the coin with a hand held punch and hammer against a hard surface like an anvil or other hard surface.
Edited by IndianGoldEagle
11/30/2016 09:33 am
Bedrock of the Community
numismatic student's Avatar
United States
11894 Posts
 Posted 11/30/2016  09:30 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Also thnk the feathers on this eagle are stunning. :-)
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
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IndianGoldEagle's Avatar
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36770 Posts
 Posted 11/30/2016  09:34 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Very nice coin and has added value because of the chop marks. Years ago they were considered damage and sold for less money than unmarked coins.
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Coinfrog's Avatar
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94367 Posts
 Posted 11/30/2016  4:49 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Chops aside, certainly cleaned and pretty beat-up. Agree 55 details.
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GR58's Avatar
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11951 Posts
 Posted 11/30/2016  5:48 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I understand how it can be hard getting good pictures on Trade dollars.
It is common for them to have reflective surfaces, which makes them
hard to photograph.

I think it is a AU coin with chop marks.
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Dustin6's Avatar
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3516 Posts
 Posted 11/30/2016  8:20 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list Get a Link to this Reply
AU details here. Nice chops
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 11/30/2016  9:04 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-58 Details.
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TypeCoin971793's Avatar
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6370 Posts
 Posted 11/30/2016  9:43 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
Very nice coin and has added value because of the chop marks. Years ago they were considered damage and sold for less money than unmarked coins.


Not true. They still sell for roughly half of an unchopped specimen.
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numismatic student's Avatar
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11894 Posts
 Posted 11/30/2016  10:30 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Trying to load a better pic of the obverse and a rotated reverse which I think was ok -- I hope...

1877-S-Trade-Dollar-Chopped
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
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paralyse's Avatar
United States
12057 Posts
 Posted 12/01/2016  12:42 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply

Quote:
Not true. They still sell for roughly half of an unchopped specimen.


This may be changing now that PCGS no longer considers chop marks a details grade, but a full grade descriptor, and has, in fact, created Chop Marks registry sets.



Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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numismatic student's Avatar
United States
11894 Posts
 Posted 12/01/2016  12:52 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
I bought this coin about 10 years ago from Harlan Berk in downtown Chicago. He even invited me into his office which is cavernous and filled with huge oil paintings and antiquities. That was an experience like walking into Stack's for the first time.
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
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 12/01/2016  09:00 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
I grade this coin as AU details, cleaned.

I find the chopmark at 9:00 on the obverse quite fascinating. It is the reverse of a Wu Zhu coin with rays pointing from the hole ("4 que"). Though use of this symbol was to invoke the good ol' days of hard money, the design has a more-mythical story behind it. Wu Zhus of this design were cast in the late Eastern Han Dynasty (25-225 AD), Three Kingdoms Period (225-316 AD), and the North-and-South Dynasties Period (316-581 AD). These were times of political and economic instability in China. So it is said that the sides of the square inner rim represented the four walls of a city, and the rays represented the wealth flowing out of the said city.

Here is an example of the coin I am talking about:

1877-S-Trade-Dollar-Chopped
Edited by TypeCoin971793
12/01/2016 09:01 am
Bedrock of the Community
numismatic student's Avatar
United States
11894 Posts
 Posted 12/01/2016  09:46 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thank you for sharing your very interesting knowledge in this area. It is surprising where the study of US coinage takes us.
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
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