An 1875 Trade dollar 420 grains .900 Fine was a Silver Dollar minted in the US in the 19th century.
These 'dollars' were not legal tender in the United States of America, instead intended for trade overseas, specifically in Asia. Hence the name Trade Dollars.
420 grains is roughly 27 grams of .900 Silver, which is under a troy ounce of 90% silver. These were intended to complete with other currencies being utilized in the orient at the time they were being minted.
A lot of surviving specimens have what are called chop marks; marks on them which were done by a tool the recipient of these coins hit into them to verify they were real silver. Most trade dollars are worth more for their numismatic value than their silver value (trending a $100 or more in the lowest graded conditions).
To express 15 cents as a fraction of 1 dollar, we need to recognize that there are 100 cents in 1 dollar. Therefore, 15 cents is equivalent to 15/100. Simplifying this fraction by dividing the numerator and denominator by 5 gives us 3/20. So, 15 cents is equal to 3/20 of 1 dollar.
If you're using the term "silver dollar" to mean one of the small-size Sacajawea dollars introduced that year, it's brass, not silver and is only worth $1. If you have a large (40 mm) coin that says 1 oz fine silver on the back, it's a bullion coin worth slightly more than the current price of 1 troy ounce of silver. It's sold to collectors and investors rather than being used in commerce; the $1 denomination is artificial.
fine
Well honey, if you've got 1000 nickels, that's 1000 nickels times 5 cents each, which gives you a grand total of $50. So, if you're looking to make it rain with nickels, you better start with a fat stack of 1000 of those bad boys.
The 15 is fine, thank you for asking.
This depends on if it is a Morgan or Trade dollar.
It's a fake Trade Dollar, 1879 Trade Dollars are proof only issues that were struck in Philadelphia and have no mint mark
No genuine Trade Dollars are dated 1872. 1873 was the first year issue. The entire series of Trade Dollars is known to have counterfeits.
The 420 grains is the weight of the coin. The 900 fine means it is composed of 90% silver. These coins, first issued in 1873 and called "Trade Dollars", were to be circulated in the Far East to compete with the Mexican equivalent of the dollar and were not intended for use in domestic trade although they were. Congress revoked their legal tender status in the U.S. in 1876 although they were minted in numbers until 1878. After 1878 only proof coins were struck and in 1887 the law which authorized the Trade Dollar was repealed and no more were minted.
No genuine Trade Dollars are dated 1796. 1873 was the first year issue. Wrong-date counterfeits mostly come from China and are completely worthless.
It is a fake without a doubt. Trade dollars were not struck until 1873, any trade dollar bearing the date of 1872 is a counterfeit.There are numerous iron (magnetic) fakes made of the 1872 dollar, which copied the genuine "pattern coins" struck in 1873 but dated 1872, of which 6 are known.
A genuine 1883 U.S. trade dollar is worth no less than $700 and quite possibly over $1,000 depending on condition. Note: An actual trade dollar has the Seated Liberty design on the obverse (heads) side and says "120 grains 900 fine" and "trade dollar" on the reverse (tails) side. If one side is only a woman's face, and the other side has an eagle and says "one dollar," then it's an 1883 Morgan dollar, worth about $25.
The first trade dollars were minted in 1873. If your coin has that date on the front and the words TRADE DOLLAR and 420 GRAINS 900 FINE on the back, it's a counterfeit (replica coin). It should have been plainly marked with the stamp "COPY." If it has a spread-winged eagle and the abbreviation ONE DOL. on the back, it's a Liberty Seated dollar, not a trade dollar. In that case please see the Related Question for more details.
5000.00
200$
Hello, I have a Trade Dollar coin from 1798 with a seated liberty holding an olive branch twoards the West with 13 stars on one side and on the other an eagle holding 3 arrows and an olive branch in his claws. it is marked "420 GRAINS 900 FINE" with a "S" above the "D" in "Trade Dollar". I looked online to source this coin but I could not find any info on it. I only see information about trade dollar coins from 18XX and not 1798. i will attach pics in a few. thanks! i would like to know it's price because i would like to sail it. if anybody haves any information please send me an e-mail... marksingle1@hotmail.com. regards. Mark
Large grains are easier to see than fine grains.