There was no US trade dollar minted in 1894. Trade dollars are extensively counterfeited, particularly in the far east. The majority of these counterfeits have obvious inaccuracies (such as having a date that doesn't exist) but others are higher quality and may be struck in silver.
The US did not make a gold dollar in 1894. They stopped production of the gold $1 coin in 1889.
As of February 2012 the bullion value is $832.24.
No Trade dollars were struck in 1889
A US Trade Dollar dated 1795 is a fake, they were struck from 1873-1885
Trade dollars are made by the US not Canada.
No such (genuine) coin exists, the first US trade dollar was struck in 1873.
A 1884 Trade Dollar was only minted in proof condition by the US Treasury and carried NO mint mark. If you happen to possess this coin, its value is: $125,000!
Please look at the coin again and post new question, no US Trade dollars were issued until 1873 and all have the words TRADE DOLLAR on the reverse. With a date of 1796 the coin should be a Draped Bust dollar.
This depends on if it is a Morgan or 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.
It's a Trade Dollar not a Morgan dollar. If you look at the back of the coin, the phrase "Trade Dollar" is under the eagle. As to value, take it to a coin dealer for an assessment it may not be genuine. The entire series is known to have had copy's and fakes made.
JMD - Jamaica Dollar. But they do a lot of trade in USD too.