.jpg) 1884 T$1 Trade Dollar (Judd-1732) Image by United States Mint (coin),NNC (image), via Wikimedia Commons. Licensed Public domain |
The Two Dollar QuestionTrade dollar (United States coin) Trade dollar (United States coin) Silver coin for use in East Asia (1873–1885) The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States. A bill providing in part for the issuance of the trade dollar was eventually put before Congress, where it was approved, and signed into law as the Coinage Act of 1873. The act made trade dollars legal tender up to five dollars. A number of designs were… (Source: Wikipedia)
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