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<p>[QUOTE="Conder101, post: 979467, member: 66"]When they were first made back in 1873 - 74 they were worth their face value and they were accepted as such overseas. But as the value of the silver fell the Chinese would no longer accept them as dollars but only for their bullion value. Once that happened it became advantageous to ship the trade dollars back from China where they were worth bullion (maybe 85 cents) to the US where they were legal tender for a dollar.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 979467, member: 66"]When they were first made back in 1873 - 74 they were worth their face value and they were accepted as such overseas. But as the value of the silver fell the Chinese would no longer accept them as dollars but only for their bullion value. Once that happened it became advantageous to ship the trade dollars back from China where they were worth bullion (maybe 85 cents) to the US where they were legal tender for a dollar.[/QUOTE]
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