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What is a trade silver dollar?

Updated: 9/14/2023
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14y ago

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They were actually just called "trade dollars" to distinguish them from normal circulating Morgan-design silver dollars.

Trade dollars were slightly heavier and were minted for use overseas where they competed with special trading coins that were issued by various countries. The major powers were vying for economic supremacy and a standard coin that would be accepted in other parts of the world was one way to help "smooth the way" for such commerce.

Enter the term "trade dollar" (with the quotes) into Google, Ask, or any other decent search engine for oceans of information.

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The only silver dollar minted by the US Treasury in 1900 was the Morgan Dollar.


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This depends on if it is a Morgan or Trade dollar.


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Aside from the minor differences in design, the greatest difference between the US Trade Dollar and the Seated Liberty Dollar is the weight. The Liberty Seated Dollar weighs 26.73 grams while the US Trade Dollar weighs 27.22 grams. Both contained 90% silver and 10% copper altthough the Trade Dollar had slightly more silver in it. The Trade Dollar was issued primarily for circulation in the Orient while the Seated Liberty Dollar was issued for circulation in the USA.


What is an 1884 Trade Silver Dollar?

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