1 Dollar "Trade Dollar" 1873-1885 front 1 Dollar "Trade Dollar" 1873-1885 back
1 Dollar "Trade Dollar" 1873-1885 photo
© Heritage Auctions

1 Dollar "Trade Dollar"

 
Silver (.900) (.100 copper) 27.22 g 38.1 mm
Description
Issuer
United States
Period
Federal republic (1776-date)
Type
Standard circulation coin
Years
1873-1885
Value
1 Dollar (1&nbspUSD)
Currency
Dollar (1785-date)
Composition
Silver (.900) (.100 copper)
Weight
27.22 g
Diameter
38.1 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
22 July 1876
Updated
2024-10-09
References
Numista
N#16466
Rarity index
15%

Reverse

An eagle holding branches with berries on them and arrows.

Script: Latin

Lettering:
UNITED STATES OF AMERICA
E PLURIBUS UNUM
420 GRAINS, 900 FINE.
S
TRADE DOLLAR.

Engraver: William Barber

Edge

Reeded

Comment

These were the only US coins ever to be demonetized (to force usage of the Morgan dollar, which had a slightly lower silver content). However, the Coinage Act of 1965 re-monetized it via section 102, which makes all coins and currency of the United States legal tender without limit.

1875

1876

Interesting fact

The Trade Dollar was a dollar coin minted by the United States from 1873 to 1885. It was designed to compete with the Mexican peso in the Asian trade market. The coin was made of silver and copper, weighing 27.22 grams, and had a diameter of 38.1 millimeters. Despite its intended use in international trade, the coin was not widely accepted and was eventually discontinued. Today, the Trade Dollar is a sought-after collector's item, with some rare versions selling for thousands of dollars.

Price

Date Mintage VG F VF XF AU UNC
1873  600 - - - - - -
1873 CC 124500 - - - - - -
1873 S 703000 - - - - - -
1874  700 - - - - - -
1874 CC 1373200 - - - - - -
1874 S 2549000 - - - - - -
1875  218200 - - - - - -
1875 CC 1573700 - - - - - -
1875 S 4487000 - - - - - -
1876  1150 - - - - - -
1876 CC 509000 - - - - - -
1876 S 5227000 - - - - - -
1877  510 - - - - - -
1877 CC 534000 - - - - - -
1877 S 9519000 - - - - - -
1878  900 - - - - - -
1878 CC 97000 - - - - - -
1878 S 4162000 - - - - - -
1879  1541 - - - - - -
1880  1987 - - - - - -
1881  960 - - - - - -
1882  1097 - - - - - -
1883  979 - - - - - -
1884  10 - - - - - -
1885  5 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Dollar "Trade Dollar" 1873-1885 coin.