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Trade Dollar

The only coin ever made obsolete by the United States government, the Trade Dollar stands alone as an American numismatic anomaly. Allusive and very valuable in high grades, the Trade Dollar, made in the United States between 1873 and 1885, carries with it a numismatic appeal enjoyed by very few coin series produced in the United States.

As part of a stop gap program between active legislation to produce silver dollars, the United States government authorized the mints produced the Trade Dollar to release into Asia to compete with similar sized coins from other countries as part of the new trade partnerships being built in that region of the world. The Trade Dollar quickly became successful overseas but due to the declining prices of silver at the time, the United States government revoked the legal tender status of the Trade Dollar within the United States and limited production to meet only the demand for overseas trade. Many coins of the Trade Dollar series that still exist today carry hallmarks from their travels abroad as the warlords or merchants in Asia would punch a character representing their operation onto the Trade Dollar. These counterstamp marks on the Trade Dollar are called chop marks. There is a niche collector market for a chop marked Trade Dollar and depending on the condition of the Trade Dollar, some could carry a significant premium.

The Trade Dollar weighs slightly more than the standard American silver dollar and is also the only American coin ever to put its exact weight in silver right on the coin: 420 Grains. .900 Fine. As with any collectible, the Trade Dollar is condition sensitive and could command a wide spectrum of pricing depending on where the Trade Dollar falls on the scale of coin grading.

Examples of the Trade Dollar that are worn or show great usage that fall lower on the coin scale of 1-70 can trade for anywhere from 50-100 dollars on today’s open market and better coins and dates of the Trade Dollar series can go for much higher. To best determine the value of your Trade Dollar, bring it in to the coin experts at Nevada Coin & Jewelry.

With our combined experience spanning decades, we can quickly and efficiently authenticate and evaluate your Trade Dollar, at no cost to you, and provide you with the highest cash offer available in the Las Vegas Area.

OUR

LOCATION

East Flamingo

Monday – Friday: 9:30 am – 4:30 pm
Saturday and Sunday: Closed

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READ OUR REVIEWS

What inspired me to go to NV Coin and Jewelry was I was an ad on the TV for the shop. I was not too sure about going to NV Coin and Jewelry to sell my jewelry because I have been to many other pawn shops but haven’t found a good deal for my jewelry. After I went to Nevada Coin and Jewelry it was a big relief for me selling my jewelry for a good price.

Bubba

Great family run store. I’m well taken care of every time I show up at this location. Thank you Nick.

We were really pleased with the help that AJ gave us concering our gold coins and watches. I don’t think we could have received a better deal anywhere. All of the personnel at Nevada Coin & Jewelry were very professional. We will recommend them to our friends.

Dean & Judy

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

My friend and I came here to sell some coins and jewelry. We first saw Scott about some coins. He was very friendly and knew his stuff. Afterwards, he brought us over to Sheila who looked at our jewelry. She was also very nice and professional. We will definitely come back here again. GREAT PLACE!!!!

Susanne T.

This dealer was beyond excellent in all respects! No low-ball games, no fooling around. These people are honest, and the transaction was handled smoothly with complete transparency. I will definitely recommend Nevada Coin & Jewelry to everybody I know!

Richard C.

The staff are quick at work but not too quick to make you feel pressured into buying items or selling your items. They teach you about the items and tell you if they have use for your items or not. If they don’t have use for your items they call other places to see if they have a use for the items. Great staff!

Ramon

After visiting a couple of the “traveling gold & silver merchants” who came to Mesquite, I made a call to Nevada Coin & Jewelry in Las Vegas… David was very helpful and professional. Their prices were the best I had seen… I left very satisfied with my trip and the deals we made. I will definitely go there again.

Carol R.

As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

My wife cashed in some coins and we got top dollar. We have sold to others before but no more, we found a real professional store in Nevada Coin & Jewelry. “Thank You”

Steve

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

A.J. and Robert are so friendly and make it so you have the best deal with the items you bring them. They have so much knowledge about all the items they have in their shop and they like to teach others about what they know…

B.C.