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<p>[QUOTE="silvermonger, post: 684375, member: 12490"]<span style="color: Sienna">For TD collectors, how do you feel about chopmarked coins being graded MSxx?</span> <span style="color: Sienna">Isnt that a contradiction?</span></p><p>I know all circulation strikes of any coin got beat up a bit in bags and handling before ever passing to the publics pockets but could still be considered MS if not debagged. Later if sent by the Fed to the bank and on to the public if that coin went to a cabinet instead of a pocket its going to be MSxx. It seems to me a chopmarked coin would have to have been put into actual circulation or the Chinese counting houses/merchants would never have the opportunity to inspect and mark a Trade Dollar. It just seems so unlikely a chopped coin would survive its first exposure as a trade unit that it could be later found in 'MS' condition. Didnt all Trade Dollars actually see heavy use as opposed to a Morgan or Peace, each of which, in general had little appeal or need to the US public and millions of new coins were melted or sat for a hundred years in storage.</p><p>Ive always believed the Trade Dollar was heavily used in international trading and especially in the far east where they didnt like the regular dollars due to their light weight.[/QUOTE]</p><p><br /></p>
[QUOTE="silvermonger, post: 684375, member: 12490"][COLOR=Sienna]For TD collectors, how do you feel about chopmarked coins being graded MSxx?[/COLOR] [COLOR=Sienna]Isnt that a contradiction?[/COLOR] I know all circulation strikes of any coin got beat up a bit in bags and handling before ever passing to the publics pockets but could still be considered MS if not debagged. Later if sent by the Fed to the bank and on to the public if that coin went to a cabinet instead of a pocket its going to be MSxx. It seems to me a chopmarked coin would have to have been put into actual circulation or the Chinese counting houses/merchants would never have the opportunity to inspect and mark a Trade Dollar. It just seems so unlikely a chopped coin would survive its first exposure as a trade unit that it could be later found in 'MS' condition. Didnt all Trade Dollars actually see heavy use as opposed to a Morgan or Peace, each of which, in general had little appeal or need to the US public and millions of new coins were melted or sat for a hundred years in storage. Ive always believed the Trade Dollar was heavily used in international trading and especially in the far east where they didnt like the regular dollars due to their light weight.[/QUOTE]
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