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Coin Library

$1 · Silver · Circulating

United States Trade Dollar

A heavier silver dollar created for commerce in East Asia, with later proof-only dates and a significant counterfeit-detection burden.

Definitive guideResearch reviewed · 2026-08-17
Designer
William Barber
Classic dates
1873–1885; circulation production through 1878
Mint facilities
Philadelphia, Carson City, and San Francisco

01 · Overview

Why the United States Trade Dollar matters

Authorized by the Coinage Act of 1873, the Trade dollar was designed for international commerce and contains more silver than the standard Seated Liberty dollar. Regular issues ran through 1878, followed by proofs through 1885.

The series requires careful authentication. Genuine circulation in Asia produced historically meaningful chopmarks, while widespread counterfeits make weight, diameter, edge, die diagnostics, and expert certification especially important.

02 · Design

Reading the design

Liberty facing the Pacific

William Barber's seated Liberty extends a trade branch toward the sea. Head, hand, breast, bale, and field are principal focal areas.

Weight and fineness stated

The reverse states 420 GRAINS and 900 FINE around the eagle, reflecting the coin's commercial purpose.

03 · Specifications

Nominal issue specifications

Denomination
$1
Composition
90% silver, 10% copper
Nominal weight
27.22 g
Diameter
38.1 mm
Edge
Reeded
Series dates
1873–1885; circulation production through 1878

Nominal specifications describe regular classic issues. Patterns, proofs, special strikes, production tolerances, and later commemorative or modern versions may differ.

04 · Grading population

How many have been certified at each grade

No static census copied here. Full grade-by-grade counts change and are not republished without the exact issue, service, strike, designation, source, and as-of date. Use the official tools below; verified figures for an individual Nucoins coin appear on that coin's listing.

Population reports count submissions certified by a grading service. They do not count every surviving coin, and a series-wide total is not a substitute for the exact date, mint, variety, strike, designation, and grade. Nucoins listings show the population in the listed grade and the number graded higher when those figures have been checked against an official report.

Population in grade
Coins recorded by that service for the exact issue and assigned grade.
Higher / finer
Coins recorded by the same service in numerically higher applicable grades.
Report date
The date the figure was checked; counts can change after submissions, resubmissions, and database updates.
A grading population is not a rarity estimate, a count of unique survivors, or a guarantee of value. Coins may be resubmitted, and economically common grades may be underrepresented because certification costs exceed the coin's value.Read how to use a population report.

05 · Issue map

The series in stages

  1. 01 · 1873–1878

    Commercial circulation strikes

    Philadelphia, Carson City, and San Francisco issues circulated internationally and include recognized hub combinations.

  2. 02 · 1879–1883

    Proof-only continuation

    Collector proofs continued after regular production ended.

  3. 03 · 1884–1885

    Restricted issues

    Extremely rare clandestine pieces sit outside a normal date-set pathway.

Notable issue checkpoints

Production figures describe coins struck, not coins surviving or certified. Linked issue records provide the context for each figure.

06 · Examination

What photographs should help you examine

01

Obverse

Liberty, hand, and bale

Inspect high points and fields while recording chopmarks rather than treating them as ordinary contact.

02

Reverse

Eagle and hub type

Confirm lettering, berry and claw relationships, mintmark, and reverse hub.

03

Edge / holder

Weight and authenticity

Verify 27.20 g nominal weight, 38.1 mm diameter, reeded edge, and certification.

07 · Before buying

Questions the listing should answer

01

Date and mint are only the beginning

A mintage figure records production, not the number surviving in a particular grade. Distribution, melting, storage, bag handling, and later collector demand all affect availability. Compare the complete issue and condition before drawing conclusions from mintage alone.

02

Surface quality can separate coins in the same grade

Two coins with the same assigned grade can differ in luster, strike, marks, toning, and overall visual balance. Review the focal areas and protected fields appropriate to the design rather than treating the grade number as a complete description.

03

Verify attribution before paying for it

Mint mark, recognized variety, special finish, and holder designation should agree with the coin and its certification record. Do not assume that an undocumented nickname or seller description establishes a variety.

08 · Sources

Primary references

This guide is educational and intentionally type-level. Issue-specific attribution, mintage, certification, and condition should be verified for the individual coin.