United Kingdom. 1 Pound 2018,2019 - Trade Dollar - 3 x 1 Oz

Description
United Kingdom. 1 Pound 2018,2019 - Trade Dollar - 3 x 1 Oz
Silver - Ungraded

3 x 1 oz silver 2018, 2019, 2020: 2 X 1 oz Trader Dollar 1st and 2nd of the series, 1 oz Chinese Trade Dollar:

1 oz silver BRITISH TRADE DOLLAR 2018 - 1st from the series +

Legal tender: $1
Year: 2018
Mintage: 10,000
Minimum metal weight: 31.15 g

The original British Trade Dollars were silver coins designed to facilitate trade with eastern countries. It is to them that this limited coin pays tribute, created jointly with the legendary East India Trade Company.
The reverse side of the coin bears the same image of the iconic Britannia as the original trading dollar of the 1800s, standing proud with its eyes fixed on a distant horizon, its fast shield and trident in its hands. Britannia is located in an artistic framework of oriental design, surrounded by the title East India Trade Company, as well as the title of the coin; behind it, a ship loaded with goods for trade leaves for distant shores.
The obverse houses a magnificent rendering of Elizabeth II, each strand of hair and each jewel of her meticulously crafted crown. Around her, in the same frame of the oriental drawing, her title, as well as the denominational value of the coin and the date of issue.
The circulation of specialised trade dollars was a popular practice not only in Britain; in the late 1800s and early 1900s, it was used by many civilised nations, including France, the United States, and Japan.

Face:
Detailed portrait of Elizabeth II and her title followed by the words "St. Helena" followed by the year of issue and the denomination.
Reverse:
Britannia in a standing pose with a merchant ship in the background, surrounded by the words "The East India Company - Trade Dollar"

1 oz Trade Dollar, 2nd of the 2018 series:

This beautiful coin at a limited edition of 10,000 coins is a tribute to a currency born from trade and commerce.

Coins' strong points:

Mintage: 10,000 coins
Containing 1 ounce of .999 fine silver
Obverse: Features the classic Seated Lady Liberty sitting with a unique pattern surrounded by the inscriptions "THE EAST INDIA COMPANY" and "TRADE DOLLAR". Liberty is sitting on a throne of balls. A wheat sheaf lies behind her, and she is holding an olive branch symbolising peace in her right hand. In her left hand, a scroll with the word "FREEDOM" unfolds along the side of her throne.
Reverse: Represents the right profile of Her Majesty Queen Elizabeth II, the year of emission and the face value. A Chinese scrolling pattern is also presented around the perimeter.

During the era of exploration and the era of imperialism that followed, the Spanish silver dollar became perhaps the most important coin in the world. To compete, many countries produced their own trade silver dollar, and in the second half of the 19th century, the United States produced their trade dollar. Originally designed by William Barber, the Trade Dollar was minted for five years and only 36 million coins were minted.

The first Trade Dollar was minted in 1873 and the majority of the coins were sent to China. Eventually, ingot producers began to convert large amounts of silver into Trade Dollars, which caused the coins to make their way through American trade channels. This caused frustration amongst those to whom they were given as payment, as the coins were widely decried and traded for less than a dollar each. In response to their wide distribution in American commerce, the coins were officially demonetised in 1876 but continued to circulate. The production of commercial strikes ended in 1878, although the circulation of proof coins officially continued until 1883. The Trade Dollar was re-monetised when the Coinage Act of 1965 was enacted.

1 oz silver Chinese Trade Dollar St Helena 2019:

This silver coin is inspired by a Chinese silver coin that was minted in 1889, following the reorganisation of Chinese weights and measures. This stunning coin has a mintage of only 5,000!

Coins' strong points:

Mintage: 5,000 coins
Containing 1 ounce of .999 fine silver
Obverse: Drawing of a mythical dragon in traditional Chinese style based on a new Chinese silver coin minted in 1889. The dragon is surrounded by the inscriptions "THE EAST INDIA COMPANY" and "TRADE DOLLAR". The perimeter of the coin has a traditional Chinese scroll motif.
Reverse: Represents the right profile of Her Majesty Queen Elizabeth II, the year of emission and the face value. A Chinese scrolling pattern is also presented around the perimeter.

It became necessary to produce a special dollar for trade in the British colony when the price of silver rose rapidly between 1875 and 1895. The price of silver disrupted trade and caused a very serious shortage of struck dollars. To overcome the threat of a currency famine, the royal prerogative of the English sovereign approved in 1894 the minting of a special British Dollar for general use in Far Eastern trade.

The legendary Dowager Empress Cixi had the objective of modernising the Chinese economy, and the new Chinese silver coin of 1889 was minted following the reorganisation of Chinese weights and measures. The need for the commercial dollar was the surge of Western merchants seeking to trade with China after the opening of the Opium War. The Chinese Trade Dollar was struck in the same specification as the Spanish 8 Reales and became known as 'silver dragons' or 'dragon Dollars'.

Lot details
Country/province
United Kingdom
Denomination
1 Pound
Year/Period and Variation
2018,2019 - Trade Dollar - 3 x 1 Oz
Precious metal
Silver
Condition
Ungraded
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