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The dollar carry trade It involves people and institutions borrowing money from the United States at low interest rate. They then deposit it in a currency that has a higher rate of interest.

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What is the value of an 1896 trade dollar?

The last trade dollars were minted in 1885. They all carry the words TRADE DOLLAR on the back. Your coin is almost certainly a Morgan dollar. Please see the Related Question for more information.


What is the value of an 1891 US trade dollar?

The last trade dollars were minted in 1885. They all carry the words TRADE DOLLAR on the back. Your coin is almost certainly a Morgan dollar. Please see the Related Question for more information.


What is the value of a 1897 silver trade dollar?

It can't be a Trade Dollar. That coin was specially produced during the years 1873-1885 for use in international commerce, and carry the wording TRADE DOLLAR on the reverse. All $1 coins minted in 1897 were Morgan dollars, named for their designer.


How can you tell an 1884 trade dollar?

The words Trade Dollar are on the reverse of the coins.


What is the value of a 1926 British Trade Dollar?

There was no 1926 British "Trade Dollar" minted.


How do you tell if a coin is a trade dollar or a Morgan?

On the front of a Trade Dollar it has Lady Liberty seated facing the left and on the back below the eagle TRADE DOLLAR. A Morgan Dollar has the head of Lady Liberty on the front.


How would you know if it is a trade dollar?

Look at the reverse for the phrase TRADE DOLLAR under the eagle.


What is value of 1798 trade dollar?

The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.


What is value of an 1798 trade dollar?

The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.


What were uses for an 1877 trade dollar coin?

They were intended to be used in Asia to compete with coins of other countries for trade, hence the name Trade Dollar.


How do you know your trade dollar is real?

Check the weight. A real trade dollar should weigh 27.2 grams.


What is the value of an 1795 trade dollar?

A US Trade Dollar dated 1795 is a fake, they were struck from 1873-1885