Trade Dollar
Coin Value Price Chart for Trade Dollars $1. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. How much Trade Dollars are worth. Coins for sale for Trade type Dollars items.
The trade dollar from 1876 is a silver coin that is easier to collect then the rare silver dollar coins as there are still plenty of these coins for sale at various online markets. The proofs are sold for reasonable prices up to $3000 at coin auctions.
History of the Trade Dollar In the early 1870s, The Treasury Department decided to create a special coin for international commerce. It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar. List of Trade Dollars. Here is a comprehensive list of the trade silver dollars produced by the US Mint: 1873 Trade Dollar: available as minted in Carson City (1873-CC) and San Francisco (1873-S). The coin bears the original William Barber design. 1874 Trade Dollar: 1874-CC and 1874-S with the same design as the 1873 edition. William Barber (2 May 1807 – 31 August 1879) was the fifth Chief Engraver of the United States Mint from 1869 until his death. Barber is best known for his 'Britannia'-inspired trade dollar design, and his adaptation pf the long-standing Seated Liberty design for use on the ill-fated 20-cent piece, which saw circulation only in 1875 and 1876. NGC's Coin Price Guide for Trade Dollars (1873-1885).
Some 1876 Trade Dollar coin facts.
- Mintage: Circulation strikes: 455.000 / Proofs:1150.
- Designer: William Barber.
- Diameter: 38.1 mm.
- Composition: Silver (90%) and Copper (10%).
- Weight: 27.2 grams.
- Edge: Reeded.
- Mintmark: Above the D from Dollar. (None for Philadelphia)
Here below are the images from an 1876 trade dollar and an 1876 trade dollar counterfeit coin from Chinese origin. The coin forgery details are not so bad and for the quick eye, only a slick surface can be noticed.
Authentic 1876 Trade Dollar Coin – Obverse
Counterfeit 1876 Trade Dollar Coin – Obverse
When comparing both 1876 trade dollars the following differences are to be noticed on the counterfeit coin and not on the authentic coin.
- The numbers are not exactly the same. (but very hard to notice).
- The stars are not sharp or detailed and too flat.
- In general softer details than most authentic 1876 trade dollars.
Authentic 1876 Trade Dollar Coin – Reverse
Counterfeit 1876 Trade Dollar Coin – Reverse
Value Of The Us Dollar 2020
The reverse side of the counterfeit 1876 trade dollar has also a very slick surface that can be found on most Chinese made forgeries like this.
Popular US dollar tracking ETFs like these four enable all traders—even those who operate outside the currency markets—to capitalize on US dollar price movement.
The US dollar and US dollar ETFs rose in value late this week after the Fed failed to mention any plans about further easing of the economy through lower interest rates or bond-buying programs. The PowerShares DB US Dollar Index Bullish ETF (UUP), which directly tracks the performance of the US dollar, rose .83%, while the PowerShares DB 3x Long US Dollar Futures Index ETN (UDNT), which amplifies gains on the US dollar performance, rose 2.277%.
The US dollar and dollar ETFs likely rose due to the fact that Dr. Bernanke did not mention any form of further easing for the US economy in his testimony before Congress. Typically, US dollars go down in value when Dr. Bernanke and the Fed ease or flood the market with more dollars; the more dollars in the system, the lower the US dollar typically goes.
Since Dr. Bernanke did not specify any form of easing for the dollar, US dollar prices spiked instead.
Likewise, markets typically go down when dollars go up, as US dollars are seen as a safer means of exchange than stocks. The US dollar rise likely accounts for part of Thursday’s sell off of major markets.
Here are four ETFs you can trade to take advantage of US dollar movement:
Trade Dollar
PowerShares DB US Dollar Index Bullish ETF (UUP):
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PowerShares DB 3x Long US Dollar Futures Index ETN (UUPT):
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PowerShares DB US Dollar Index Bearish ETF (UDN):
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PowerShares DB 3x Short US Dollar Index Futures ETN (UDNT):
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Bottom line, the dollar and US dollar ETFs likely rose after Dr. Bernanke did not mention any ideas to continue easing the economy. Since lack of easing likely means fewer dollars in the system, dollar prices went up.
Trade Dollar Coin
Keep in mind that whenever the Fed intervenes in the monetary system, US dollars typically sink and markets rally; the opposite was true this time because the Fed indicated indirectly that it will likely be less involved.
See related: Tradable Set-ups in 2 Dollar-Based Pairs
Trade Dollars Fake
By John Nyaradi of ETFSectorSelector.com