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<p>[QUOTE="Treashunt, post: 379569, member: 6763"]1. They were .900 silver, not .420 (no one would have wanted that.)</p><p>[Perhaps you meant: 420 grains (27 g) of silver with a fineness of 900 (90 %), ]</p><p>2. Design flaws: really, really ugly.</p><p>3. When the price of silver dropped, they were declared not legal tender in the US. and for export only. Unscrupulous (probably misspelled) employers would use them in payroll and the workers would spend then where they were discounted in stores, usually at 80 cents on the dollar.</p><p><br /></p><p>4. became legal tender (once agiain) in 1974 -- I believe, will check date, by Richard Nixon w/ the legalization of gold ownership. [or perhaps not, per one internet source, however, I seem to remember this.]</p><p>5. In 1887 The Treasury redeemed all trade dollars that were not mutilated, but most were chop marked.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 379569, member: 6763"]1. They were .900 silver, not .420 (no one would have wanted that.) [Perhaps you meant: 420 grains (27 g) of silver with a fineness of 900 (90 %), ] 2. Design flaws: really, really ugly. 3. When the price of silver dropped, they were declared not legal tender in the US. and for export only. Unscrupulous (probably misspelled) employers would use them in payroll and the workers would spend then where they were discounted in stores, usually at 80 cents on the dollar. 4. became legal tender (once agiain) in 1974 -- I believe, will check date, by Richard Nixon w/ the legalization of gold ownership. [or perhaps not, per one internet source, however, I seem to remember this.] 5. In 1887 The Treasury redeemed all trade dollars that were not mutilated, but most were chop marked.[/QUOTE]
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