An original pattern coin for the Trade Dollar is known, and priceless. But there are innumerable copies in circulation, which legally should bear the word 'COPY' stamped into them. They are not worthless, but they are not particularly valuable either. They contain no silver or valuable metals at all.
Sellers out of Hong Kong have these replicas available for less than $2.00 USD plus about $1 shipping.
The first year Trade Dollars were issued was 1873. Many wrong-date counterfeits exist. If it does have "TRADE DOLLAR" on the reverse. It is definitely a fake. If not, it's a 1872 Seated Liberty dollar that needs to be seen for an accurate value. Take it to a coin dealer.
Check on the back to see if there's a small mint mark letter. Numismedia lists the following approximate retail values as of 02/2010:No mint mark (Philadelphia):Very worn condition - $90Moderately worn - $144Slightly worn - $180Almost no wear - $371Uncirculated - $990 to $60,630 depending on quality"CC" mint mark (Carson City):Very worn condition - $210Moderately worn - $330Slightly worn - $420Almost no wear - $1,448Uncirculated - $5,370 to $70,630"S" mint mark (San Francisco):Very worn condition - $84Moderately worn - $144Slightly worn - $168Almost no wear - $350Uncirculated - $1,020 to $26,060
200
To determine the value of $20,000 from 1872 in today's dollars, we can use historical inflation data. Adjusting for inflation, $20,000 in 1872 is roughly equivalent to about $400,000 to $450,000 today, depending on the specific inflation rate used. This estimate reflects the significant increase in prices and economic conditions over the past century and a half.
This question could mean: How much money would it take to buy the same things today that you could buy with $1 million in 1872. The answer depends greatly on what set of things you are talking about buying. For instance if you hired a bunch of (educated) people in 1872 to do some mathematicl calculation (e.g. calculating many digits of pi), then the result you could get for a million dollars in 1872 you could probably get for free online today (or for a cent or two if you count the cost of electricity, your internet access, etc.) On the other hand if you bought a million dollars worth of cheese (for instance) in 1872, it would take perhaps $50 million today to buy the same amount of cheese today ( http://www.choosingvoluntarysimplicity.com/what-did-things-cost-in-1872/ ). So it all depends - some things have become cheaper, some more expensive, some things you can get today you couldn't get at all in 1872 ( e.g. a helicopter ride, an automobile, or internet access), and some things that were available in 1872 aren't available anymore (or are almost impossible to find at any price), e.g. in 1872 you could have attended the opening of the Metropolitan Museum of Art at its original location (681 Fifth Avenue), and you could have bought passenger pigeons ($0.50 per dozen) - today you can't do either of those things for any price ( unless you can buy a time machine). It is true that there are attempts to quantify inflation by keeping track of the cost to buy a certain set of things, but 1) there is some arbitrariness in choosing which things to follow the prices of, and 2) over time things change - even wheat or corn is not quite the same as in 1872, and many items have changed drastically.
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.
Trade dollars were first issued in 1873. I assume the appeal of having a counterfeit 1872 trade dollar is in the fact that no one in the world has a genuine one? Honestly, I have no idea. Pranking, I guess?
The first Trade Dollars were minted in 1873. If your coin says Trade Dollar on the back and is dated 1872 it is a counterfeit. If it does not say Trade Dollar, then it could be a genuine Liberty Seated dollar. You should have it inspected by a dealer or certification agency because its value could range from $300 to $1000 depending on condition.
It wouldn't look like anything because no genuine Trade Dollars were minted in 1872. If you have a coin with that date it's a counterfeit. There were some silver pattern coins dated 1872 that were struck in 1873, but these are already accounted for. They are versions of the Liberty Seated Dollar. You can see pictures of genuine Trade Dollars at www.coinfacts.com
I can't display images directly, but you can easily find images of the 1872 Trade Dollar by searching online or visiting numismatic websites and databases. The 1872 Trade Dollar features an image of Liberty seated and is known for its distinct design. For detailed images, consider checking resources like the American Numismatic Association or auction sites specializing in coins.
Trade Dollars were minted from 1873 to 1885. The dollar that was minted in 1872 was the Seated Liberty Dollar, if it has a (CC) mintmark and the coin is in good condition, the coin could be worth thousands. *If it says 1872, and Trade Dollar, it is a copy (fake) of a pattern coin from 1873, which used the Seated Liberty obverse and one of two "trade dollar" reverse sides. These copies are readily and cheaply available, and some do not bear the legally-required 'COPY' imprint. Most contain no silver at all.
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 first year Trade Dollars were issued was 1873. Many wrong-date counterfeits exist. If it does have "TRADE DOLLAR" on the reverse. It is definitely a fake. If not, it's a 1872 Seated Liberty dollar that needs to be seen for an accurate value. Take it to a coin dealer.
The 1872 silver dollar should have a ribbon above the Eagle's head that says In God We Trust. If the coin is severely worn, the ribbon could be missing. It is best to have the coin examined by a collector or coin dealer, it is likely counterfeit though.
It is really impossible to say, the first trade dollars were struck for circulation in 1873, but, there were a very small amount of trade dollars struck bearing the date of 1872 but they are pattern coins. Your coin is most likely counterfeit. However, there is a small, small, small, small, chance that you actually have a very rare pattern coin. I would take it to a coin dealer and ask if it is genuine or not, if it isn't genuine I'd get it tested to see if it was at least silver, if it was silver you might be able to sell it to a refiner for $20 or so, if it isn't genuine and isn't silver, the coin is pretty much worthless. When it comes to buying trade dollars there seems to be more counterfeits than real ones out there, so unless it was slabbed or sold by a reputable coin dealer, I wouldn't buy any trade dollars.
No. The first Trade Dollars were struck in 1873. There are however many, many counterfeits, some with incorrect dates and/or mint marks.
do you know how much money a silver 1872 dollar coin is and a 1922 silver dollar coin