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New Addition To The Trade Dollar Collection

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TDColl's Avatar
United States
161 Posts
 Posted 04/10/2010  07:55 am Show Profile   Bookmark this topic Add TDColl to your friends list Get a Link to this Message Number of Subscribers
Found this chopmarked Trade dollar on ebay. It has something I had not seen before; quite a few obverse rim Cuds along the right side. It also has a die crack almost all the way around the periphery of the reverse.

I believe that the dark material in the crannies on the reverse is from storage in an old coin folder. There are stories about Trade dollars being smuggled out of China in barrels of tar, but if that were the case with this coin, why is there no residue on the obverse?

It has plenty of luster, the chops are interesting, and PCGS graded it AU55.

New-Addition-To-The-Trade-Dollar-Collection
New-Addition-To-The-Trade-Dollar-Collection
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jakeW's Avatar
United States
689 Posts
 Posted 04/10/2010  08:12 am  Show Profile   Bookmark this reply Add jakeW to your friends list Get a Link to this Reply
are those chinese symbols stamped into it?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/10/2010  09:27 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
are those chinese symbols stamped into it?


Yes, "chopmarks." Chinese merchants stamped their marks into them to verify their authenticity.

Nice coin, TDColl. You don't often see them with die damage.
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numismo's Avatar
United States
3039 Posts
 Posted 04/10/2010  09:54 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
nice coin but I thought chopmarks were cuts along the rim. I've never seen characters stamped in like that. Interesting.
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TDColl's Avatar
United States
161 Posts
 Posted 04/10/2010  11:08 am  Show Profile   Bookmark this reply Add TDColl to your friends list Get a Link to this Reply
Yes, sometimes test cuts were put into the rims to make sure it wasn't a plated fake.
These are fairly common with chopmarks, however, many also went to India and were melted.
Finding one in upper AU, or even MS, can be a matter of good luck.
here are a couple more with chopmarks (one is bright from a cleaning)

New-Addition-To-The-Trade-Dollar-Collection
New-Addition-To-The-Trade-Dollar-Collection
New-Addition-To-The-Trade-Dollar-Collection
New-Addition-To-The-Trade-Dollar-Collection
Edited by TDColl
04/10/2010 11:09 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/10/2010  11:20 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Trade dollars were minted for the specific purpose of overseas trade in the Orient. That's why so many were minted in San Francisco - the closest mint to the ultimate destination.
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