2018 1 oz .999 silver coin British Trade Dollar Restrike-St. Helena BU capsule
$44.95
2018 1 oz .999 silver coin British Trade Dollar Restrike-St. Helena BU capsule.
It became necessary to produce a special dollar for trading in the British Colony when the price of Silver rose rapidly in value between 1875 and 1895. The Silver price disturbed trading and resulted in a very serious shortage of minted dollars. To overcome the threat of a currency famine, The Royal Prerogative of the English sovereign gave approval in 1894 for the minting of a special British Dollar for general use in Far Eastern Trade.
2018 1 oz .999 silver coin British Trade Dollar Restrike-St. Helena BU capsule
Obverse: Design based on the early 1900s Silver Trade Dollars. The center of the coin features a standing helmeted Britannia looking to the left with her right hand grasping a trident and her left hand resting on an oval shield, bearing the united cross surrounded by the inscriptions “THE EAST INDIA COMPANY” and “TRADE DOLLAR”. The perimeter of the coin has a traditional Chinese scroll-pattern reminiscent of the original Silver Trade Dollars of 1895-1935. A merchant ship under full sail can be seen in the background.
Reverse: Depicts the right-facing profile of Her Majesty Queen Elizabeth II, the year of issue and the face value. A Chinese scroll-pattern is also featured around the perimeter.
It became necessary to produce a special dollar for trading in the British Colony when the price of Silver rose rapidly in value between 1875 and 1895. The Silver price disturbed trading and resulted in a very serious shortage of minted dollars. To overcome the threat of a currency famine, The Royal Prerogative of the English sovereign gave approval in 1894 for the minting of a special British Dollar for general use in Far Eastern Trade.
