1872 Trade Dollar

HBCC#:

6101

Breen#:

n/a

BD#:

n/a

Judd#:

1220

Pollock#:

1362

This pattern issue features the same obverse die presented at HBCC-6099, with a revised reverse design proclaiming this to be a “trade dollar.” Essentially, the concept was the same as the commercial dollar, to promote trade with the Orient. The reverse features a wreath with the denomination, statutory legend, and motto on a scroll. The addition of the weight and fineness, expressed on two lines as 420 GRAINS, 900 FINE was included to promote confidence among the oriental parties who would receive these coins.

Provenance:

Vickery Collection; Paramount's ANA Sale of August 1972, Lot 980.

Obverse:

Longacre's "Indian Princess" design, here seated to left, liberty pole and cap in right hand, left hand on globe, Western Hemisphere depicted on globe, ribbon on globe reads LIBERTY, furled flags behind Liberty, 13 stars around, date below.

Reverse:

UNITED STATES OF AMERICA arcs above a laurel wreath, TRADE DOLLAR 420 GRS. 900 FINE on four lines within wreath, ribbon at bottom of wreath reads IN GOD WE TRUST.

Commentary: