Tuesday, June 4, 2013

British Trade Dollar Year 1904 (Rare and Unique Years with Multiple Variants)

British trade dollar for year 1904 across the all varieties are RARE.
It has a combined mintage of only 648,847 pieces.
Its rarity makes this coin the either 4th or 5th most expensive trade dollar year to own.

It existed in 4 different varieties.
One normal BTD and 3 are overdates varieties.
And all are from Bombay Mint, hence the B mint mark can be seen at the center of the prong.

Variety One: Normal British Trade Dollar 1904 B
This is the normal variety.

This coin is NGC certified XF details.
Higher grade coins then this can be very expensiove due to its rarity


Variety Two: British Trade Dollar 1904 over 3 B
This Variety has the "4" struck over the "3" and can be seen at the 4th digit.
It is retooled from the 1903 die. 
This variety is rare.


This is also NGC graded XF details 1904/03B overdate.
This coin overdate "3" shadow can still be seen very clearly on the shadow



Variety Three: British Trade Dollar 1904 over 0 B
This variety has the "4" struck over the "0" 
This is retooled from a 1900 die
My copy showed the "0" very faintly and can easily miss.
This variety is even rarer.
This is 1904/0 B However, the 0 can only be faintly seen.
There are only a little bit of remnants left.
This is among my collections that needs upgrading to clearer overdate sample piece.


Variety Four: British Trade Dollar 1904 over "898" B
This is the most unique of all the 4 variants.
It is retooled from a old year 1898 die.
Hence due to the cross of a century. It resulted in an overdate over 3 digits.
This variety is extremely rare.
This is NGC graded AU details 1904/898B
The AU grading is quite generous by NGC
8 is seen behind the 9 and 4
The 9 tail can be seen sticking out from the 0



In my next post, will give my hypotheses why 1904 British trade dollar recorded such a low mintage.

Thanks for vieiwng

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