Sell or Auction Your 1876 Trade Dollar $1 PCGS MS65 for up to $7,975 or More at Nate D. Sanders Auctions
FREE ESTIMATE. To buy, auction, sell or consign your 1876 Trade Dollar $1 PCGS MS65 that is for sale, please email your description and photos to [email protected] of Nate D. Sanders Auctions (http://www.NateDSanders.com).
Sell Your 1876 Trade Dollar $1 PCGS MS65
The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. A number of designs were considered for the trade dollar, and an obverse and reverse created by William Barber were selected. The first trade dollars were struck in 1873, and the majority of the coins were sent to China. Eventually, bullion producers began converting large amounts of silver into trade dollars, causing the coins to make their way into American commercial channels. This caused frustration among those to whom they were given in payment, as the coins were largely maligned and traded for less than one dollar each. In response to their wide distribution in American commerce, the coins were officially demonetized in 1876, but continued to circulate. Production of business strikes ended in 1878, though the mintage of proof coins officially continued until 1883. The trade dollar was re-monetized when the Coinage Act of 1965 was signed into law.
Here is a 1876 Trade Dollar $1 PCGS MS65 we have sold:
1876 Trade $1 — PCGS Graded MS65 — Type One Obverse, Type Two Reverse — Extremely Limited Centennial Year Gem — Population 20/8. Sold for $7,975.
The following are some additional $1 coins we sold:
1895-S Morgan $1 — PCGS Graded MS64 — Rare Coin. Sold for $7,095.
1893-S Morgan $1 — PCGS Graded VF30 — Sold for $5,874.
1893-S Morgan Dollar — PCGS Graded VF35 — Sold for $5,538.
1889 Morgan $1 — PCGS Graded MS66 — Sold for $1,169.
FREE ESTIMATE. To buy, auction, sell or consign your 1876 Trade Dollar $ 1 PCGS MS65 that is for sale, please email your description and photos to [email protected] of Nate D. Sanders Auctions (http://www.NateDSanders.com).