Very interesting "Opium Dollar." In the late 1800s and early 1900s, United States Trade Dollars and some Morgan Dollars were hollowed out so that they have a secret compartment. These are often called "Opium Dollars".
- Originally contained .7834 oz of Silver.
- Obverse: Features Lady Liberty seated upon a bale of merchandise, with a foundation of “In God We Trust,” with a ribbon in her left hand and a bundle of wheat behind her. Liberty holds an olive branch in her right hand, and thirteen stars fan out from Liberty’s head.
- Reverse: Depicts an eagle with its wings outstretched clutching three arrows and an olive branch.
- Coins minted in Philadelphia do not feature a mintmark.
Being minted for only 13 years, the Trade Dollar remains highly collectible due to its uniqueness and high Silver content. Build your collection by including this 1878 Trade Dollar in your cart today!
The U.S. Trade dollar was created for use in the Orient, in hopes that American trade could be carried out with them instead of Spanish dollars. In the five-year run that Trade Dollars were minted, less than 36 million pieces were struck.
In the late 1800s and early 1900s, Trade Dollars and some Morgan Dollars were hollowed out so that they have a secret compartment. These are often called "Opium Dollars." Opium was prevalent in the Orient, which is where these coins got their nickname, despite the fact that they likely did not carry opium.