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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.

2 LAS VEGAS

LOCATIONS

East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday Closed
Sunday Closed

WHY CHOOSE US?

READ OUR REVIEWS

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

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.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

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.

Always a good experience here! Definitely the place in town I enjoy buying coins from, and I’d recommend them to anybody. Helpful staff, reasonable prices, and wide selection.

Daniel B.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.

Doris

A great selection of coins and other numismatic related material. Very professional.

While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.