2018 St. Helena Silver 1 oz BRITISH Trade Dollar Restrike | E. India Co. | MS 70

Description

2018 St. Helena Silver 1 oz BRITISH Trade Dollar Restrike | E. India Co. | MS 70
'2018 St. Helena S
£1
| East India Company | Trade Dollar Design |
MS70
| xxxxxxx-0xx'
This is an NGC 'Top Pop' coin of 49.  Only 49 (forty nine) of these
specimens have been certified by NGC as MS70
worldwide a/o 5/1/2021! (see pictures).
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.
Max Mintage of 10,000.
In 2018, the East India Company launched a remarkably well-produced new 5-coin series.
This coin (U.S.) is the
1st coin i
n the St. Helena 5-coin Trade Dollar restrike series:
(1) Great Britain (2)
U.S. (3) China (4) Japan (5) France.
Upgraded NGC Scratch-resistant holder (a per coin value/ upgrade). Traditional Brown label.
Coin(s) and coin holder(s) have been kept in a smoke-free, temperature & humidity controlled environment since I purchased them.
Coin, coin holder in perfect shape.
The coin in the pictures (NGC#
2855270-008
)
is one of the MS-70 coins I am selling
(actual images)
, and an accurate representation of what you are buying.  Other 'stock' photos also used.
Coin ships with an Intercept Technologies CoinArmour 3 1/4" x 4" bronze storage bag for long(er) term preservation & protection.  See pictures for the advantages of the CoinArmour technology.
Sovereign coin backed by the St. Helena government.
Free shipping & insurance in the USA
Additional Information below courtesy of APMEX, and other (public) web sites
Product Details
The original Silver British Trade Dollar was issued at a time when trade in the East needed a medium of payment. The East India Company was linked to the British empire. Limited mintage of 10,000 coins.
Coin Highlights:
·
Mintage of 10,000 coins.
·
Contains 1 oz of .999 fine Silver.
·
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.
These coins were given an Eastern look to help ensure acceptance by countries outside of British dominion. They also did not indicate a country of origin on the coin which helped allow them to circulate throughout China where they were readily accepted as a medium of exchange. To indicate that the coin was genuine, Chinese merchants would occasionally stamp the coins with a "chopmark" or "counterstamp" to indicate that the coin was genuine or perhaps to advertise their businesses. Chopmarks do not adversely affect the value of these coins in the secondary marketplace.
PRODUCT SPECIFICATIONS
·
Year:
2018
·
Grade:
MS69
·
Grade Service:
NGC
·
Denomination:
One Pound
·
Mint Mark:
Not Shown
·
Metal Content:
1 troy oz
·
Purity:
.999
·
Diameter:
38.6 mm