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- Product ID: 56479
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Coin Details: Denomination: $1 (Trade Dollar) Mint Year: 1877 Mint Mark: S (San Francisco) Composition: 90% Silver, 10% Copper Weight: 27.22 grams Diameter: 38.1 mm Edge: Reeded
Obverse: The front of the coin features Lady Liberty, seated on a bale of goods, symbolizing trade and commerce. She extends an olive branch with her right hand toward the ocean, representing peace and diplomacy. Her left hand rests on a bundle of wheat, signifying agriculture. The motto “IN GOD WE TRUST” appears on a ribbon below. The date "1877" is inscribed at the bottom. Thirteen six-pointed stars surround the design, representing the original thirteen colonies.
Reverse: The back of the coin showcases a majestic eagle clutching an olive branch and arrows, representing both peace and military readiness. Above the eagle is a scroll with the Latin phrase “E PLURIBUS UNUM” (Out of many, one). Below the eagle, the inscriptions "420 GRCalculatorNS .900 FINE" indicate the coin’s silver content. The words "TRADE DOLLAR" are prominently displayed at the bottom. A small “S” mintmark is found beneath the eagle, signifying that this coin was minted in San Francisco.
Historical Context: The Trade Dollar series was introduced in 1873 to facilitate U.S. trade with China and other Asian markets. These coins were specifically made to compete with other silver trade coins, such as the Mexican peso. The San Francisco Mint produced Trade Dollars in large quantities due to its proximity to Pacific trade routes. The 1877-S Trade Dollar is one of the more common dates in the series, often found in circulated condition.