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<p>[QUOTE=&quot;okbustchaser, post: 2031340, member: 72642&quot;]It wasn&#039;t that the trade dollars were not good silver.&nbsp; It was the fact that they had no legal tender status requiring that they be accepted at face value as other silver coinage did.&nbsp; For that reason, they traded on the basis of melt value which ran from a low of 37 cents following the Panic of 1893 to a high of 1.06 cents in 1919.&nbsp; Overall, the average melt value was approximately 82 cents.</p><p><br /></p><p>Edit to change year for highest melt value.&nbsp; I missed it on the chart.[/QUOTE]</p><p><br /></p>

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