Trade Dollars
(1837 - 1885)
The Trade Dollar was introduced in 1873 to facilitate commerce with Asia, particularly China, where silver coins were valued by weight. Designed by William Barber, the obverse features Liberty seated facing left, extending an olive branch toward the ocean, symbolizing trade. The reverse displays a heraldic eagle with shield.
Trade Dollars were struck in 90% silver and 10% copper but weighed slightly more than standard silver dollars at 27.22 grams to compete with foreign trade coins. Although initially intended primarily for export, they later circulated domestically, where fluctuating silver prices led to financial complications and eventual loss of legal tender status in 1876 (except for limited uses).
Regular business strikes ended in 1878, though proof-only issues were produced from 1879 through 1885, with the final two years being major rarities. Due to their unique purpose, heavier weight, and complex history, Trade Dollars occupy a distinctive place in U.S. numismatics.
Check out dates & mintages for Trade Dollars, below.Business Strikes
1873 | 396,635
1874 | 1,294,000
1875 | 4,487,000
1876 | 2,606,000
1877 | 1,312,000
1878 | 4,162,000
Proof Strikes
1873 Proof | 865
1874 Proof | 700
1875 Proof | 700
1876 Proof | 1,150
1877 Proof | 510
1878 Proof | 900
1879 Proof | 1,541
1880 Proof | 1,987
1881 Proof | 960
1882 Proof | 1,097
1883 Proof | 979
1884 Proof | 10
1885 Proof | 5
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