Ceylon / Sri Lanka
Assam, India
Japan
Taiwan
Nepal
China
Kenya
Egypt
South Africa
Specification
-
Alloy
Fine Silver - 999Ag
-
Denomination
£1
-
Weight
1oz
-
Authority
St Helena
-
Diameter
38.61mm
-
Edge
Milled
-
Issue limit
1000
-
Total Mintage
1000
BEHIND THE CRAFT
Behind the Craft - US Trade Dollar
Trade Dollars were introduced in the 15th Century when the ‘Spanish Dollar’ became a standardised currency in international trade. Worth eight Spanish Reales, these Spanish Dollars were the original “pieces of eight”!
By the 19th Century the Mexican peso had followed the Spanish Dollar as a key currency in trade with China, where it was preferred to the $US due to its higher silver content.
This meant US businesses had to convert their dollars into pesos in order to trade with China, losing money in commission fees each time, a problem that was resolved in 1873 with the introduction of the US Trade Dollar.
|
150 years after the original coin’s release the 2023 US Trade Dollar features a design by Chiara Principe, whose beautiful Lady Liberty reflects the modern diversity of the United States. Liberty’s hair tumbles freely over one shoulder to become clouds against which flies an eagle, the proud and independent symbol of the USA, with an outline of North America in the background.
|
• Our exclusive ‘Modern Trade Dollar’ series continues
• Strictly limited edition of just 1000 coins worldwide • One ounce of sparkling 999 fine silver • Stunning contemporary ‘Lady Liberty’ design by Chiara Principe • Struck to our finest Proof quality finish • Bespoke presentation case and storytelling booklet |
Product Detail
|
150 years after the original coin’s release the 2023 US Trade Dollar features a design by Chiara Principe, whose beautiful Lady Liberty reflects the modern diversity of the United States. Liberty’s hair tumbles freely over one shoulder to become clouds against which flies an eagle, the proud and independent symbol of the USA, with an outline of North America in the background.
|
• Our exclusive ‘Modern Trade Dollar’ series continues
• Strictly limited edition of just 1000 coins worldwide • One ounce of sparkling 999 fine silver • Stunning contemporary ‘Lady Liberty’ design by Chiara Principe • Struck to our finest Proof quality finish • Bespoke presentation case and storytelling booklet |
Stories
History of the US Trade Dollar
United States Trade Dollars were introduced in the Coinage Act of 1873. Primarily struck for use in export trade with China they were also legal tender within the US for payments up to $5 and many found their way back into the domestic market.
However, due to an increase in mining in the US the price of silver soon dropped below the face value of the coin, leading many banks and businesses to refuse to accept them and the Trade Dollar’s domestic legal tender status to be revoked in 1876.
However, due to an increase in mining in the US the price of silver soon dropped below the face value of the coin, leading many banks and businesses to refuse to accept them and the Trade Dollar’s domestic legal tender status to be revoked in 1876.
Production continued the following year purely for export purposes but, in 1878, minting of the circulating-standard coin ceased altogether, although a number of collector-issue Proof quality coins were struck until 1885.
To this day the Trade Dollar remains the only US coin ever to be demonetized. This left many US citizens holding silver coins that they had no chance of spending, a hardship which was eased in 1887 when people were given a one-off six-month window to redeem their US Trade Dollars at face value.
To this day the Trade Dollar remains the only US coin ever to be demonetized. This left many US citizens holding silver coins that they had no chance of spending, a hardship which was eased in 1887 when people were given a one-off six-month window to redeem their US Trade Dollars at face value.
The 2023 ‘Modern’ US Trade Dollar pays tribute to its historic predecessor with a new design by celebrated artist Chiara Principe struck in one ounce of fine gold, every fine detail emphasised by our highest Proof quality finish.
The design sets Lady Liberty, a symbol of freedom and diversity, against a backdrop of a simple globe to represent the coin’s role in international trade, upon which stands a map of North America outlined from the flag of the United States.
-
FAQ
What is the difference between maximum mintage and issue limit?
Maximum mintage is the total number of individuals coins which will be struck, this includes coins presented is sets. The Issue limit refers to the number of coins which will be sold in the specific presentation.
What if the maximum mintage and issue limit is the same?
This means the coin will only be available in the presentation shown and will not be issued in any other way.
How do I make sure I have access to the next coin in the collection?
By subscribing to our newsletter you can ensure you benefit from early access offers, pre-notification of releases and are the first to hear of our next release. Please ensure you mark any emails from us as trusted to ensure they don’t end up in your junk emails.
Do you have any offers or run promotions?
From time to time we will offer customers incentives or promotions. You can also subscribe to the newsletter sign up which is the best way to access special offers available only to our newsletter database. -
Delivery & Returns
UK Standard Delivery: £9.95
See our delivery page for more information and overseas delivery. - Reviews
