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Encyclopedia > British trade dollar

Trade Dollars were coins issued by various countries for use in foreign trade.

Contents

United States

Main article: Trade Dollar (United States coin) The Trade Dollar was a silver dollar coin issued by the United States solely for trade in the orient with China, Korea, and Japan. ...

This 1875-S US Trade Dollar was graded as an MS-60 by the PCGS grading service.
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This 1875-S US Trade Dollar was graded as an MS-60 by the PCGS grading service.

The United States Trade Dollar is a silver dollar coin that was issued by the United States Mint and minted in Philadelphia, Pennsylvania, Carson City, and San Francisco from 1873 to 1885. Business strikes ended in 1878. The coin was designed by William Barber, the mint's chief engraver. More trade dollars were minted in San Francisco than Carson City and Philadelphia combined. San Francisco was closest both to the source of the silver as well as the ultimate destination of the coins, China. Many Trade Dollars have what are called "chop marks" on them. The Chinese merchants would stamp the coins as a way to check their authenticity and to add their advertising logo. Congress authorized the mint to create a trade dollar to improve trade with the orient, China in particular. Prior to that, the Mexican peso had been the primary silver coin used in trading with China. The US trade dollar was minted of 420 grains (27 g) of silver with a fineness of 900 (90 %), about 8 grains (520 mg) more than the domestic silver dollar of the time. General Name, Symbol, Number silver, Ag, 47 Chemical series transition metals Group, Period, Block 11, 5, d Appearance lustrous white metal Atomic mass 107. ... The dollar (represented by the dollar sign: $) is the name of the official currency in several countries, dependencies and other regions. ... A coin is usually a piece of hard material, generally metal, usually in the shape of a disc, and most often issued by a government, to be used as a form of money in transactions. ... The United States Mint is responsible for producing and circulating coinage for the United States to conduct its trade and commerce. ... Nickname: City of Brotherly Love, Philly, the Quaker City Motto: Philadelphia maneto (Let brotherly love continue) Location in Pennsylvania Coordinates: Country United States State Pennsylvania County Philadelphia Founded October 27, 1682 Incorporated October 25, 1701 Mayor John F. Street (D) Area    - City 369. ... 1873 (MDCCCLXXIII) was a common year starting on Wednesday (see link for calendar). ... 1885 (MDCCCLXXXV) is a common year starting on Thursday of the Gregorian calendar (or a common year starting on Saturday of the 12-day slower Julian calendar). ... A congress is a gathering of people, especially a gathering for a political purpose. ... A mint is a facility which manufactures coins for currency. ... The term the Orient - literally meaning sunrise, east - is traditionally used to refer to Near, Middle, and Far Eastern countries. ... The peso is the currency of Mexico. ... A grain is a unit of mass equal to 0. ... The fineness of a precious metal refers to the ratio of the primary metal to any additives or impurities. ...


Japan

The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. It was minted of 27.22 grams of silver with a fineness of 900 (90 %). The Yen coin had 26.96 grams of silver at that time. BIC pen cap, about 1 gram. ... The fineness of a precious metal refers to the ratio of the primary metal to any additives or impurities. ... Japanese 10 yen coin (obverse) showing Phoenix Hall of Byodoin Yen is the currency used in Japan. ...


United Kingdom

  • See Britischer Handelsdollar on the German Wikipedia.

References

External links



 
 

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