Representative image of the United States Trade Dollars design · Public domain — Unknown authorUnknown author
Dollar · $1.00
1873-P Business Strike United States Trade Dollars
Intriguing History
The Trade dollar was created by the Coinage Act of 1873 to compete with the Mexican dollar in trade with China. William Barber's design carries 420 grains of 90% silver, stated right on the reverse. Philadelphia began striking them in July 1873. Congress revoked the Trade dollar's legal tender status in 1876.
Key Features
- Mintage: 396,635 (PCGS; CoinWeek lists 396,900). About 1,500 estimated survivors, about 225 in Mint State. PCGS auction record: $60,000 for an MS66 (Heritage, May 2022). First year of issue. Sources: PCGS CoinFacts; CoinWeek.
Total Weight27.22 g