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1899 B Great Britain Trade $1 Dollar NGC VF Details (Chopmarked)
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1899 B Great Britain Trade $1 Dollar NGC VF Details (Chopmarked)
This beautifully designed 1899 B (Bombay Mint) Trade Dollar from the reign of Victoria is composed of 0.78 troy oz. of .900 silver!
With the extension of British trading interests in the East, especially after the founding of Singapore in 1819 and Hong Kong in 1842, it became necessary to produce a special dollar so as to remove the reliance of a British Colony upon the various foreign coins then in circulation.
"China trade silver dollars" were a direct result of the First (1839–1842) and Second Opium War (1856–1860), which broke out when Chinese authorities tried to stop Britain from smuggling opium into the country. The loser, China, had to open up a number of ports to British trade and residence, and cede Hong Kong to Britain. In the decades that followed, merchants and adventurers flocked to these areas, and international trade flourished. Foreign banks were established and large silver coins from all over the world began arriving to pay for tea, silk and Chinese porcelain to be shipped abroad. These .900 fine silver trade dollars were then circulated throughout China, where they were readily accepted as a medium of exchange.
The British Trade Dollars, minted exclusively for use in the Far East, on its obverse depicts Britannia standing on shore, holding a trident in one hand and balancing a British shield in the other, with a merchant ship under full sail in the background. On the reverse is an arabesque design with the Chinese symbol for longevity in the center, and the denomination in two languages - Chinese and Jawi Malay. The British Trade Dollar was designed by George William De Saulles.
Like all of our other silver coins, this one is guaranteed to be 100% authentic. Item will be wrapped and packaged safe for delivery.
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