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In 1883, members of the New York Mercantile Exchange petitioned Congress to allow redemption of the coins by the government. [39] [40] The Carson City Mint's trade dollar ledger book. Bullion prices continued to drop through the 1880s, increasing the loss by anyone forced to sell at melt value after accepting a trade dollar at face value. [40]
Spreckels supplied the bullion for the coins, at a cost of about $850,000. He paid $17,500 as the Mint's fee for striking the coins, $2,500 for designs, and $250 for dies. A final change reduced the total value in dimes to $25,000 (250,000 coins) while increasing the value in half dollars to $350,000 (700,000 coins). [15]
CPC-1 HAPAWALU (eighth dollar) 1883 - copper trial; CPC-2 HAPAHA (quarter dollar) 1883 - copper trial; CPC-3 HAPALUA (half dollar) 1883 - copper trial; CPC-4 AKAHI DALA (one dollar) 1883 - copper trial; official version. CS-1 UMI KENETA (ten cents) 1883 - silver; CS-2 HAPAWALU (eighth dollar) 1883 - silver; CS-3 HAPAHA (quarter dollar) 1883 ...
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
In 1883, Kingdom of Hawai'i official silver coinage were issued in the denominations of one dime (umi keneta in Hawaiian), quarter dollar (hapaha), half dollar (hapalua) and one dollar (akahi dala). 26 proof sets were struck by the Philadelphia Mint and contained the umi keneta, hapaha, hapalua, and akahi dala. 20 proof specimens in the ...
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.