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Trade dollar and chop mark prices.
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<p>[QUOTE="Spooner, post: 2204994, member: 75293"]Chop marks on a trade dollar are in a unique position. Trade dollars were specifically created to export American silver to China rather than use the coinage of other countries. As such, the chop mark furthers the original intent of the coinage. Love tokens, advertising marks and all other counter marks, serve secondary functions. Chop Marks are the only alterations that specifically further the original intent of the coinage. Perhaps it can be viewed as a crude and damaging authentication used prior to NCGS green slabs. </p><p><br /></p><p>It therefor seems totally appropriate for PCGS and NCG to certify them as problem free. As I see it Proofs are a bigger divergence of purpose than chop marks. Proofs accentuate the artistic value of a coin but at the expense of it's trade function.</p><p><br /></p><p>I put chop marks in the same class as steel pennies, silver in war nickels, and the clad coinage forced on us because of the devaluation of our money. Each of these is historically important precisely because it is an adaptation to the realities of the times and is an attempt to extend the usefulness of coinage as a medium of trade. In this sense, chop marks increase the numismatic importance of the coin at the expense of it's artistic qualities.</p><p><br /></p><p>Just another point of view, my two cents so to speak. Interesting topic. I am looking forward to other perspectives from this thoughtful group of informed people.[/QUOTE]</p><p><br /></p>
[QUOTE="Spooner, post: 2204994, member: 75293"]Chop marks on a trade dollar are in a unique position. Trade dollars were specifically created to export American silver to China rather than use the coinage of other countries. As such, the chop mark furthers the original intent of the coinage. Love tokens, advertising marks and all other counter marks, serve secondary functions. Chop Marks are the only alterations that specifically further the original intent of the coinage. Perhaps it can be viewed as a crude and damaging authentication used prior to NCGS green slabs. It therefor seems totally appropriate for PCGS and NCG to certify them as problem free. As I see it Proofs are a bigger divergence of purpose than chop marks. Proofs accentuate the artistic value of a coin but at the expense of it's trade function. I put chop marks in the same class as steel pennies, silver in war nickels, and the clad coinage forced on us because of the devaluation of our money. Each of these is historically important precisely because it is an adaptation to the realities of the times and is an attempt to extend the usefulness of coinage as a medium of trade. In this sense, chop marks increase the numismatic importance of the coin at the expense of it's artistic qualities. Just another point of view, my two cents so to speak. Interesting topic. I am looking forward to other perspectives from this thoughtful group of informed people.[/QUOTE]
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Trade dollar and chop mark prices.
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