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The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States .
The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. It was minted of 27.22 g of silver with a fineness of .900 (90%). The Yen coin had 26.96 g of silver at that time, and otherwise nearly identical in design to the trade dollar.
Spanish Real de a Ocho coin (sometimes referred to as a "dollar") minted in Mexico City c. 1809. Following independence in 1821, Mexican coinage of silver reales and gold escudos followed that of Spanish lines until decimalization and the introduction of the peso worth 8 reales or 100 centavos. It continued to be minted to Spanish standards ...
The Spanish dollar continued to dominate the Eastern trade, and the peso of eight reales continued to be minted in the New World. The coin was sometimes called a Republican dollar, but eventually any peso of the old Spanish eight-real standard was generally referred to as a Mexican dollar, Mexico being the most prolific producer.
1888 Mexican 8 reales silver coin having multiple chop marks made by Chinese merchants Silver coin: 8 reales Carlos III - 1778 FF Silver coin: 8 reales Carlos IV - 1808. Chop marks on coins are Chinese characters stamped or embossed onto coins by merchants in order to validate the weight, authenticity and silver content of the coin.
The value of U.S.-Mexico trade is over $100 billion a year, but the growth of Chinese imports into Mexico has been limited somewhat by rules-of-origin provisions in the North American Free Trade ...
The widespread circulation of the Spanish silver dollar not only affected the Ming but also became widespread across many countries in the Far east as a standard for trade and it remained embedded even till the Qing dynasty when banknotes started to be printed labeled as "Mexican Dollars" and later Western powers also later issued trade dollars ...
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