No, an 1874 Trade Dollar should not stick to a magnet if it is genuine. Trade Dollars were minted in silver, which is not magnetic. If a Trade Dollar sticks to a magnet, it is likely a counterfeit or altered coin.
you trade in one dollar every day and you get 100 dollars...
No Trade dollars were struck in 1889
The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.
The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.
Please look at the coin again and post new question, no US Trade dollars were issued until 1873 and all have the words TRADE DOLLAR on the reverse. With a date of 1796 the coin should be a Draped Bust dollar.
The United States never issued a "trade half dollar," although there may be a few local souvenir trade half dollars that have been issued from time to time. US Trade Dollars were issued from 1873 to 1885, British Trade Dollars from 1895 to 1935, and Japanese Trade Dollars from 1875 to 1877.
Trade dollars were only struck as proof coins in that year. If your coin has a picture of Miss Liberty in a sitting position and the words TRADE DOLLAR on the back, you should have it checked for authenticity; there are many counterfeits. If it only has a picture of Miss Liberty's head you have a Morgan dollar, not a Trade dollar. See the Related Link in that case.
Trade dollars are made by the US not Canada.
Trade dollars were only minted from 1873 to 1885, and no dollar coins of any kind were minted for circulation from 1804 to 1835. Trade dollars are among the most widely counterfeited dollar-sized coins so if your coin purports to be a trade dollar dated 1817 it's a fake.
If you've got a bronze trade dollar coin, it is a fake. Real trade dollars were made out of silver, not bronze.
Trade dollars were not made in 1886. Please check your date again.