In 1873, the United States Trade Dollar were struck for use in export trade with Asia and much of the beginning production was exported to China. Subsequently when the price of silver went down, the silver dollars were reimported back into the United States.
The first Chinese Trade Dollars were produced in 1889, sixteen years after the U.S. Trade Dollars. The design of the coin included a dragon thus the coins were known as the Dragon Dollar.
2021 St. Helena Silver Chinese Trade Dollar
Reverse: The reverse features the graceful, serpentine form of a Chinese style dragon, as it coils itself around a stylized globe in the background. The powerful, legendary creature is depicted with a pearl in its grasp, a symbol for wisdom and enlightenment in Chinese culture. The inscription "TRADE DOLLAR" sweeps overhead.
Obverse: The obverse is adorned with a gorgeously lifelike, right facing portrait of the current British monarch, Her Majesty Queen Elizabeth II. Surrounding inscriptions include "QUEEN ELIZABETH II," "ST. HELENA," "ONE POUND" and "2021." This rendition of the Queen represents the fifth definitive coinage portrait of the monarch. The image is the work of artist Jody Clark, an award-winning sculptor/engraver for The Royal Mint since 2012.
This trade dollar was minted by the Tower Mint.
A limited mintage of 5,000 coins, this sovereign coin is backed by the St. Helena government.
American government and European counterparts transported goods, silver, and gold into and from China and Far East markets using the trade dollars.
These are the trade dollars:
Minted 1875-1877.
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The 2021 coins, I have shown so far:
Source: ModernCoinMart
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I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.
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