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About: Chop marks on coins     Goto   Sponge   NotDistinct   Permalink

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Chop marks on coins are Chinese characters stamped or embossed onto coins by merchants in order to validate the weight, authenticity and silver content of the coin. Depending on particular technique coins said to have been "chopmarked", "countermarked" and "counterstamped". Starting with the 18th century, a number of European, American and Japanese silver coins (generically known as the trade dollar) began circulating in the Far East. Each merchant's firm had its own mark and, after heavy circulation, the design of the coin became completely obliterated by the chop marks.