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Is this Trade Dollar has any value?

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Does it have value? Yes. Is it real? I would not bet on it. There is alot things I do not like about this coin. Just my thoughts.

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Well, since it's couterfeit then the only value would be either as a novelty (perhaps $1 or so) or for whatever silver that it is made of (likely not much).

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That Trade Dollar is a very nice example of what active corrosion looks like underneath a plated metal. The active corrosion products are releasing the surface bonded plating from the base metal and it is erupting through to the surface.

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