And I'm also sure that the coin is a fake because the first Trade Dollars were not made until 1873. There are no known errors where an entire digit in a date is incorrect.
The market is flooded with counterfeit dollar coins, most made in the Far East. Some of them are extremely good fakes and difficult to to detect, but far more of them have major goofs such as spelling errors and impossible dates or designs.
There are also counterfeits of other denominations. A few years ago some "Washington quarters" showed up on the West Coast. Yes, they looked like genuine quarters except for one little teeny-weeny detail: they were dated 1865, i.e. 100 years before the first of the current clad series and 67 years before the start of the Washington design. So just because they looked real didn't mean they were. Remember, a counterfeit is designed to trick all but the best experts.
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Note that coins are MINTED, not "printed" because printing uses paper and ink.
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.
420 grains
It's a fake Trade Dollar, 1879 Trade Dollars are proof only issues that were struck in Philadelphia and have no mint mark
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.
No genuine Trade Dollars are dated 1872. 1873 was the first year issue. The entire series of Trade Dollars is known to have counterfeits.
Morgan dollars contain 412.500 Grains of silver.
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.
To determine if an 1882 US Trade Dollar is counterfeit, first check its weight and dimensions: it should weigh 420 grains (about 27 grams) and have a diameter of 38.1 mm. Next, examine the coin's design details, looking for any inconsistencies in the engraving or lettering compared to authentic examples. Additionally, use a magnet to check for magnetic properties; genuine silver coins are non-magnetic, while some counterfeits may contain metals that are. Finally, consider having the coin assessed by a professional numismatist or grading service for a definitive evaluation.
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.
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420 grains
The weight tolerance is +or- 1.5 grains
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
The dollar value of 1,000 grains of silver can vary based on the current market price of silver. As of now, silver is typically priced around $25 per ounce. Since there are 480 grains in a troy ounce, 1,000 grains is approximately 2.08 ounces. Therefore, 1,000 grains of silver would be valued at about $52, assuming a price of $25 per ounce.
Kennedy half dollars are not made of gold'
current silver troy ounce value
This depends on if it is a Morgan or Trade dollar.