The coin in question is a 1881 Trade Dollar, minted in Philadelphia, denoted by the mint mark 'P'. This coin features a denomination of $1 (One Dollar) and is composed of silver, reflecting the high intrinsic value of its material. It was produced in a limited quantity, with only 960 pieces minted, making it quite rare and collectible. The Trade Dollar was originally intended for use in trade with Asia, catering to merchants who engaged in international commerce during that era. The design embodies themes of trade and commerce, featuring Liberty on the obverse, often surrounded by a wreath, and an eagle on the reverse, representing strength and freedom. This particular example is classified as a Proof coin, indicating that it was struck with a higher quality finish than regular circulation coins, resulting in a mirror-like surface and sharp detail. The precise diameter of this coin measures 38.1 mm, and it has a weight of 27.22 grams. Given its historical significance, limited mintage, and the high-quality proof status, this 1881 Trade Dollar is not just a numismatic item; it is also a piece of American history that holds considerable value for collectors and investors alike. The rarity and compositional quality contribute to its desirability on the market.
| currency | USD |
| currency-amount | 1 |
| diameter | 38.1 |
| height | 0 |
| material | Silver |
| mint-mark | P |
| mintage | 960 |
| type | Coins |
| weight | 27.22 |
| width | 0 |
| year-display | 1881 |