How Much Are Trade Dollars Worth?
145 years.
That's how long ago the first U.S. Silver Trade Dollar was originally minted. It's hard to imagine that. It's even harder to imagine it when you're holding one in your hand!
A lot of questions come to mind when you're looking at one of these coins in person. Who all has held this coin in their hand? Were they famous? How long did they keep it? What did they buy with it? These coins are definitely a piece of United States history and that's why they are so collectible.
The Trade Dollar is one of the more valuable U.S. coins. It's made of 90% silver and 10% copper. The U.S. Mint produced these coins from 1873-1885 to compete with other large silver trade coins in the market at the time.
Plenty of these coins are still floating around today, and they're EXTREMELY valuable. Take a look.
U.S. Trade Dollar (1873-1885)
Image via usacoinbook.com
Year Released
1873
Value Back in the Day
Face value of $1
What's it Worth Today?
This one is kind of tricky.
Prices for these coins have a wide range. Many factors go into the value of the coin, but the top three factors are: Date of the coin, Mint of the coin, and condition. Many coins have also been graded, which adds even more to the value.
A trade dollar with an average condition, common mint and date, might go anywhere from $100 to $200. However, key date and graded coins will go for MUCH more.
For example, this 1879 PR64 Trade Dollar sold for $3,500!
Our Offer
If you have a more common trade dollar that sells on average of $150, our offer would be somewhere around $75-$100 depending on condition.
These prices are so 'iffy' however because it really depends on that particular coin that you have.
We'll definitely say this. Whether you have the worst condition coin, or you have a 1879 PR64 Trade Dollar, we're gonna offer you cash! We never turn down a deal that we can make a little money on!
Wrap UP
The U.S. Silver Trade Dollar is one of the coolest coins you'll come across. It also happens to be one of the more expensive coins you'll see. While the odds of you finding one of these coins for a low price is not very good, it's still possible! Thrift shops and flea markets are probably out of the question. Finding one of these coins in a pawnshop for a low price is probably a long shot as well. Your best bet to find one of these is through a family inheritance, such as an estate sale.
Have you checked out our Pull List yet? It's our daily blog where we tell you exactly what items are coming out for sale at Pocket Pawn each day! Check it out!