Country of Origin: Mainly circulated in Straits Settlements and Malay States
Denomination: 1 Dollar
Dimension: Diameter of 39.0mm
Composition: 0.9 Silver
Reference: ST KN1
Mint Mark(s): Incuse "B", appeared in the middle point of the trident.
Category: Trade Dollars
Extra Note: The obverse shows the standing Britannia with a trident and a shield in front of a sailing ship, a symbol of trade. The case of the value of name in Chinese, Yi Yuan and Malay, Satu Ringgit means One Dollar, in flower ornament. Both sides are bordered by Mäanderband.
This is a badly circulated British Trade Dollar dated 1902B in my collection. Bought it at a price of only RM40, I really think that was quite a good deal for me. Even the condition of this coin is not so appealing, but at least I am confident that this is a genuine piece. A lot of counterfeited pieces exist in the market for selling, even the prestigious auctions sometimes are vulnerable!
And beside that, the chopmarks are just too cute. See those markings on the coins? Those chopmarks are small punch marks or counterstamps applied to coin, mainly by Chinese traders through whose hands is passed. The chopmarks serves as indication that the coins are genuine and of full weight and fineness. And most of all, the chopmarks gives historical value to the coin. Should I add my chopmark to this coin?
Sadly I can't decipher the meaning of the chopmarks nor trace it of its origin. Is there any catalogue listing all the chopmarks found in trade dollars?
I had asked the dealer to decipher the meaning of the chopmark. He said the chopmark to the left of the right hand of Britannia means "debt". Is it true?