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What is a trade dollar worth?

Updated: 9/15/2023
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11y ago

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It depends greatly on the date/mintmark.

HOWEVER, the Trade dollar is perhaps the most faked US coin. Look for characteristic "strike weakness" where the coin might have areas that look "worn" but aren't the highest point of the coin, if it has them, its a good indicator that the coin could be a fake. Next, weigh the coin, a US trade dollar should weigh 27.2 grams. If the coin weighs much more or less than it, its a fake. Fakes that are the same weight will be thicker or larger than a genuine trade dollar.

At a minimum a genuine (fakes have little to no value) coin will be worth about $30 for a very worn coin, while $80-150 in the common range for better condition pieces that are common dates (and genuine!).

However, there are several rare dates that command much higher prices.

But I cannot stress this enough, make sure your trade dollar is genuine before thinking $$$, I'd imagine that there are about 5-10 fake trade dollars for every real one. If you plan to sell it online, I'd go to a coin shop and have it evaluated in person before putting it on eBay and the like to avoid selling a fake coin and having to suffer through negative feedback and returns.

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11y ago
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