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Replies: 19 / Views: 1,991 |
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Valued Member
United States
216 Posts |
I have been trying to find a slabbed Trade dollar with chop marks. Do you guys think this one is too heavy on the chop marks to buy? 
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Bedrock of the Community
Australia
21786 Posts |
For me, one or two chop marks OK for Trade dollars. They can help to tell a story about the coin When they obliterate the design, not OK for me.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
2280 Posts |
Too many for me as well
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
United States
4680 Posts |
It's Interesting from the historical standpoint. The change of hands, what it was used to purchase, its travels. From that stand point I can appreciate overly chopped trades. From the numismatic side....too many chops. In my eyes is still a details coin. I could never bring myself to pay the premiums on that. Purchase it for the cost of a low grade details coin, sure!
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Pillar of the Community
United States
4468 Posts |
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Pillar of the Community
United States
4233 Posts |
Listing: https://www.ebay.com/itm/275781469254Examples like this make me question why. If it was done to give it their stamp of approval, after so many merchants already did so, what was the point of adding another one? Advertising?
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Pillar of the Community
United States
4468 Posts |
Quote: Examples like this make me question why. If it was done to give it their stamp of approval, after so many merchants already did so, what was the point of adding another one? Advertising? The chop mark was done to detect counterfeit metal. They used a punch and a hammer to imprint their stamp on the coin. When the punch was hit, they could feel the resistance of different type of metals, and they could see fresh silver where their stamp was placed. The amount of chop marks could be their lack of trust and their stamp of approval.
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Pillar of the Community
United States
4233 Posts |
@Slider23 I understand that, but in this case the most recent merchant didn't trust 20+ previous merchants who already did that. I find it curious.
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Pillar of the Community
United States
4468 Posts |
I had read that counterfeits of silver were a problem for the Chinese merchants. I would not be surprised if different types of counterfeit silver coins were in circulation with chop marks.
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Pillar of the Community
United States
4468 Posts |
The 1874 S TD was a date that was well traveled in China and is readily available with chop marks. The chop marks on this date do not add any premium and might be a negative in value. The ebay asking price is about double on where I would value the coin. Pass, unless you can get a substantial discount off the asking price.
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Pillar of the Community
2222 Posts |
What do you think? Do you like &  ? Too many for me.
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Pillar of the Community
United States
5820 Posts |
 I'm looking to replace this one I have in my type set.
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Valued Member
United States
125 Posts |
I like 0 chop marks on my Trade dollars. I always pass when I see those. But, some folks like the Chinese trade history.
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Bedrock of the Community
 United States
24918 Posts |
An unobtrusive chopmark adds a certain panache to a Trade dollar. It demonstrates that it's been there and back, which IMHO accentuates the history of the coin.
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB 06/16/2023 6:15 pm
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Moderator
 United States
94765 Posts |
chop marks are ok, but within reason - the coin above is not within reason (far too many and distracting.)
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Replies: 19 / Views: 1,991 |