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<p>[QUOTE="medoraman, post: 934324, member: 26302"]The chopmark was applied in Asia. Remember that these were Trade dollars and at the time weren't even legal tender in the US. Chop marks do not increase the value to US collectors, as they view them as detractions. They are very interesting though.</p><p> </p><p>In Asia, like in ancient times, merchants applied chop marks to show that they personally had inspected the coin and it was authentic. China making forgeries is nothing new, and any coin of value in China had to be viewed suspiciously by merchants By applying their own mark to the coin they could easily know it was valid if they ever got it back for payment. I have seen many of these with 20 or 30 chops on them. Of course, the forgers back then would also fake the chop marks lol.</p><p> </p><p>Like I said, US collectors view it as a distraction. Personally, I view it as the coin functioned as it should have. Nice and interesting coin![/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 934324, member: 26302"]The chopmark was applied in Asia. Remember that these were Trade dollars and at the time weren't even legal tender in the US. Chop marks do not increase the value to US collectors, as they view them as detractions. They are very interesting though. In Asia, like in ancient times, merchants applied chop marks to show that they personally had inspected the coin and it was authentic. China making forgeries is nothing new, and any coin of value in China had to be viewed suspiciously by merchants By applying their own mark to the coin they could easily know it was valid if they ever got it back for payment. I have seen many of these with 20 or 30 chops on them. Of course, the forgers back then would also fake the chop marks lol. Like I said, US collectors view it as a distraction. Personally, I view it as the coin functioned as it should have. Nice and interesting coin![/QUOTE]
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