Lot 1505
1876-S Chop Mark. PCGS graded EF-45. Gray toning. The chop mark is well hidden on the obverse. Pop 3; 81 finer (PCGS # 87043) .
Historic note: Many trade dollars went overseas and circulated in China, where local merchants would note their acceptance of the coins with their particular stamp or signature. These merchant stamps of approval would be hammered into the coin with a punch, or chop, and have since become known as chop marks. Some individual coins show a few to dozens of these chop marks reflecting their days in commerce on the Asian continent.
Estimated Value $70 - 90.
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| Realized $207 |
