Chop Mark - A letter or symbol added to money by someone other than the government which issued it to indicate authenticity.
Circulated - Denotes money that is no longer in mint state, generally as a result of normal handling.
Found primarily on American Trade dollars dated 1873-1878 and Japanese Yen dated 1870-1914 which were circulated throughout the Orient. Chinese businessmen, ever watchful for fakes, placed their sign or "chop" on any of these trade coins that passed muster.
A symbol added to money by someone other than the government which issued it to indicate authenticity
circulating commemorative ...
An identification mark punched into a coin by a Chinese merchant. The mark is used to indicate that the metal of the coin has been tested and is of a known quality.
Clashed Die ...
a mark stamped into coins by Oriental merchants as a means of verifying the silver content
~ (shroff mark)
In Coin Collecting Terms A small punched impression applied by Chinese (chop) or Indian (shroff) banks or change offices to attest to the full weight and metallic content of a coin.
An insignia or an image of some kind punched into a coin by a someone in the public to indicate authenticity.
~ - Merchant's test mark (usually Chinese) punched into a coin to verify its weight.
Circulated - Released to the general public. Showing signs of wear from being passed from hand to hand.
- ~s - marks or characters stamped into previously made coins. Often found on silver trade dollars and other precious metal coins. When coins were used for trading purposes a oriental assayer would test a piece of the coin for purity.
~s Found primarily on American Trade Dollars dated 1873-8 and Japanese Yen (1870-1914) that circulated in China. Chinese businessmen, ever watchful for fakes, placed their sign or "chop" on any of these trade coins that passed muster.
~ A symbol (added to money by someone other than the government which issued it) to indicate authenticity. circulated Denotes money that is no longer in mint state, generally as a result of normal handling and exchange.
~ A type of counterstamping used by Chinese merchants to indicatet they they believe the coin is true to its value. circulated A term applied to a coin that has wear from being used in commerce. circulation A term applied to coins that have been used in commerce.
~ (shroff mark) A small stamped or punched impression applied by Chinese (chop) or Indian (shroff) banks or change offices to attest to the full weight and metallic content of a coin.
An interesting feature sometimes seen on the coins of Wan-Li are chop marks (small merchants counter marks) applied on the rims of the coins. These do increase the value of the coins, but the exact amount of the increase depends on the number, and clarity of the marks.
1874 SILVER TRADE DOLLAR w CHOP MARKS...GENUINE
1880 Trade Dollar PCGS PR63 14534137
1874-CC TRADE DOLLAR NGC AU Details CHOPMARKED ...
Fantastic endeavor! As a side note, I will pay $100 just to view a bonafide 1875-P chop marked trade dollar with no damage in the mint mark area. My personal opinion is that none went to China.or at least none came back!
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The most obvious way to detect a plated coin would be if the base metal core was damaged or worn, revealing the base metal. There are often chisel or chop marks on ancient silver coins by merchants attempting to determine if a coin was solid.
On the contrary, over 27 million went overseas and found their way into Asian commerce, many later being sent on to India in trade for opium. Numerous pieces show chop marks, distinctive Chinese symbols placed on them by merchants to attest to their authenticity.
See also: What is the meaning of Coin, Marks, Struck, Silver, Dollar?