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Chopmarked Unc Trade Dollars

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man2004's Avatar
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338 Posts
 Posted 04/02/2018  04:29 am Show Profile   Bookmark this topic Add man2004 to your friends list Get a Link to this Message Number of Subscribers
In general, how much does a chopmark reduce the value of an Unc Trade dollar? I have an unc details Trade dollar 75-S with a very inconspicuous chopmark on the Reverse Eagle.
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John1's Avatar
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 Posted 04/02/2018  04:34 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
There are those that collect chop marks,so it may not reduce the value at all.
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Edited by John1
04/02/2018 04:35 am
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vermontensium's Avatar
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 Posted 04/02/2018  04:41 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Agree, given the coin is genuine.
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scstrawn's Avatar
United States
536 Posts
 Posted 04/02/2018  08:09 am  Show Profile   Bookmark this reply Add scstrawn to your friends list Get a Link to this Reply
If it has a chop mark, it's not uncirculated.
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SilverDollar2017's Avatar
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 Posted 04/02/2018  09:06 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I don't consider that the value is reduced, but I prefer Trade dollars that don't have any chop marks.


Quote:
If it has a chop mark, it's not uncirculated.

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moxking's Avatar
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 Posted 04/02/2018  10:55 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
. Photos would be helpful. Although a smaller group collect the chop marked examples, the possible valuable reduction would depend on the technical grade AND eye appeal, plus the date/mm, plus the position of the cm.

All those factors make each TD unique and there is no set percentage deduction.
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man2004's Avatar
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338 Posts
 Posted 04/02/2018  11:40 am  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply

Chopmarked-Unc-Trade-Dollars
Chopmarked-Unc-Trade-Dollars
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Slider23's Avatar
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4469 Posts
 Posted 04/02/2018  12:11 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
You should consider getting the coin in a PCGS holder, as PCGS will straight grade Trade dollars with chopmarks. It looks like a nice original Trade dollar.
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nfine's Avatar
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3470 Posts
 Posted 04/02/2018  12:26 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
Chopmarked Unc Trade dollars. Oxymoron of the day.

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Slider23's Avatar
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 Posted 04/02/2018  12:31 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Looking a past PCGS auction results at Heritage a 1875 S MS62 with chopmarks were selling for about $500 and the MS62 coins without chopmarks were in the $900 range. With the chopmark the coin is most likely going to sell at a reduction.
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Imthealphaomega's Avatar
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3210 Posts
 Posted 04/02/2018  12:48 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
I have an 1874CC au50 PCGS chopmarked Trade dollar. I got like $400ish into it. I don't consider the coin damaged I consider the chopmarks part of the coins history since the vast majority that were sent to Asia were chopmarked in some way. Some have many some have one. I like them either way, and it acts as a conversation piece.

I also agree to send it over to PCGS cause they will straight grade the coin as long as it doesn't have anything else wrong with it like cleaning, rim damage, etc.
Edited by Imthealphaomega
04/02/2018 12:50 pm
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Imthealphaomega's Avatar
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3210 Posts
 Posted 04/02/2018  12:51 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
If you are looking to sell this chopmarked Trade dollar I may be interested in it for myself or a friend of mine. You can PM me.
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ron6788's Avatar
United States
655 Posts
 Posted 04/02/2018  12:57 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply

Chopmarked-Unc-Trade-Dollars
Chopmark is minor. Toning looks uneven, if the photos are accurate.
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