1877-P U.S. LIBERTY SEATED - TRADE DOLLAR ~ EXTRA FINE CONDITION

Description

1877-P U.S. SEATED LIBERTY – TRADE DOLLAR
Date:
1877
Mint:
Philadelphia
Material:
Silver
Rim:
Reeded
Condition:
Extra Fine
This 1877-P Trade Dollar is in Extra Fine condition. The coin is well struck, and lightly toned. A few light scratches and abrasions can be seen. The date and all of the lettering (including “Liberty” on the ribbon) are distinct.
This 1877-P Trade Dollar was one of those minted between 1873-85, to be used in circulation in the Orient, and to compete with other countries dollar sized coins. These trade dollars were legal tender in the U.S., until 1887. About 3.04 million of the 1877-P coins were original minted. In 1887 the law authorizing trade dollars was repealed, and the U.S. Treasury redeemed and melted many of them.
This 1877-P Trade Dollar will make a great addition to your type coin collection, or for a coin dealer’s inventory.
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