Category Archives: John Sherman

Proof Trade Dollars: Why Were They Made After Circulation Strikes Ended?

By Joshua McMorrow-Hernandez for PCGS …… The Trade Dollars of 1873-1885 represent one of the more curious areas of American numismatics. Authorized by the Coinage Act of 1873, the Trade Dollar was struck for the purpose of facilitating export transactions with China and was expressly created to compete against the silver Mexican Peso, a large, […]

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The Coin Analyst: Silver’s Important Role in American History, Politics and Finance

  By Louis Golino for CoinWeek ….. If you’re reading this article, then you likely have more than a passing interest in silver. But while you may be familiar with the role the white metal has played in our coinage for thousands of years, you probably do not know the entire story of how the […]

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A Brief History of the U.S. Trade Dollar

By Blanchard & Company ……   In the late 1860s and early ’70s, trade between the United States and China was increasing. However, a threat to this trading emerged from the unlikeliest of places: the Mexican peso. Many Chinese businesses preferred the peso to U.S. currency because the peso contained more silver than the standard […]

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