Trade Dollars
The United States Mint began production of the trade dollar in 1873 in an attempt to compete with foreign silver dollars that were commonly used in international trade. They are now quite rare and are highly prized by collectors, especially the 1884 and 1873 Trade Dollars.
The coin was larger and heavier than the standard silver dollar, and it contained a higher percentage of silver. However, the trade dollar failed to gain traction in foreign commerce, and production was discontinued in 1878.
Today, trade dollars are highly prized by collectors. Because of their relatively low mintage, they are considered to be quite rare. In addition, the fact that many were melted down for their silver content means that even fewer examples survive today. For these reasons, trade dollars are eagerly sought after by those who collect US coins.
