1902 B Great Britain Trade Dollar - China-hong Kong-singapore-india *high Grade* For SaleThis is a very nice example of the 1902 Trade Dollar created by Great Britain to facilitate trade and banking with a growing market in the East. Very little signs, if any, of true circulation. It looks like this one spent its time in money bags and not in the marketplace. Beautiful golden toning has begun around the outer ring, enhancing the almost perfect image of Lady Britannia.
CHECK THE PHOTOS!! There is even a closeup of the mint mark contained within the tiny center prong of Britannia's trident (amazing!).
For British trade in the East, especially after the founding of Singapore in 1819 and Hong Kong in 1842, a special Dollar was produced to remove reliance upon various foreign coins then in circulation. This Trade Dollar is from the reign of Victoria, and was minted at the Bombay mint. The “B” mint mark of Bombay is contained within the center prong of the trident held by Britannia.
In the decades that followed the Opium Wars (1839-1843, 1856-1860), international trade flourished as Britain took control of Hong Kong. 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, depict 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 minted from 1895 for Hong Kong and the Straits Settlements. But after the Straits dollar was introduced to the Straits Settlements in 1903, it became exclusively a Hong Kong coin, with the last being produced in 1935. Those with the mint mark "B" were produced at the Bombay mint; others, marked "C", were struck in Calcutta. Those with no mint mark were produced in London.
The British Trade Dollar was demonetized on August 1, 1937.
The not-so-fine print:
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