Please look at the coin again and post new question, no us trade dollars were issued until 1873 and all have the words trade dollar on the reverse.
Com has estimated the 1796 draped bust dollar value at an average of 794, one in certified mint state (ms) could be worth 59,548.
The 1796 draped bust dollar was designed by robert scot and first appeared in 1795. It represents the second major silver dollar type following the flowing hair dollar that was also designed by scot and was first released in 1794.
1796 p draped bust dollar all varieties coin value prices, price chart, coin photos, mintage figures, coin melt value, metal composition, mint mark location, statistics & facts. This page also shows coins listed for sale so you can buy and sell.
Authentic 1796 draped bust dollar reverse side (bolender 5) counterfeit 1796 draped bust dollar reverse side (bolender 5) the counterfeit coin has a reverse side with a wrong eagle on it means the maker of it did not have knowledge enough from the 1796 coins. Still, there are counterfeit coins know from the year 1796 who come very close to the authentic ones.
Coin does not match any known obverse or reverse dies for 1796 silver dollars. Detail is slightly mushy and flat for the amount of wear the coin shows.
In the early 1870s, the treasury department decided to create a special coin for international commerce. It was initially called the commercial dollar and then finally the name was changed to the trade dollar. A majority of them were minted at the san francisco mint and were used in servicing trade with china. The denomination denoted on the coin wasnt as important as the silver contained within the coin.
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