3 Cent USA (1776 - ) Silver

Metal:
Issue year(s):
1884

Catalog reference:



CoinWorldTV

1866, United States. Beautiful Copper-Nickel 3 Cents (Trime) Coin.

Mint Year: 1866 Reference: KM-95. Designer: James B. Longacre Denomination: Nickel 3 Cents (Trime) Material: Copper-Nickel Diameter: 18mm Weight: 2.21gm

Obverse: Coronet head of lady Liberty left. Legend: UNITED STATES OF AMERICA / 1866 Reverse: Roman numeral (III) within wreath.

The copper-nickel three-cent piece, often called a three-cent nickel piece or three-cent nickel, was designed by US Mint Chief Engraver James B. Longacre and struck by the United States Bureau of the Mint from 1865 to 1889. It was initially popular, but its place in commerce was supplanted by the five-cent piece, or nickel.

With precious metal federal coinage hoarded during the economic turmoil of the American Civil War, including the silver three-cent piece, and even the copper-nickel cent commanding a premium, Congress issued paper money in denominations as small as three cents to replace the hoarded coins in commerce. These small slips of paper became ragged and dirty, and the public came to hate “shinplasters”. After the issue of a lighter bronze cent, and also a two-cent piece, in 1864, both of which circulated freely, there were proposals for a three-cent piece in copper-nickel to replace the three-cent note. The advocates were led by Pennsylvania industrialist Joseph Wharton, who then controlled the domestic supply of nickel ore. On the last day of the congressional session, March 3, 1865, a bill for a three-cent piece in copper-nickel alloy was introduced in Congress, passed both houses without debate, and was signed by President Abraham Lincoln.

Although initially popular, the three-cent nickel piece became less so when the five-cent nickel was introduced in 1866, a larger, more convenient coin, with a value of five cents better fitting the decimal system. After 1870, most years saw low annual mintages for the three-cent nickel, and in 1890 Congress abolished it. The last were struck in 1889; many were melted down to coin more five-cent pieces. The issue is not widely collected, and prices for rare dates remain low by the standards of American collectible coinage.


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133 coins in the group
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Posted by: anonymous  2015-03-02
1888. PCGS graded Proof 64. Light even nickel color toning. Only 4,582 Proofs struck (PCGS # 3785) . Estimated Value $275 - 300. Categories: Three Cent Pieces

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Posted by: anonymous  2015-03-02
1884. PCGS graded Proof 62. Untoned. Only 3,942 Proofs struck (PCGS # 3780) . Estimated Value $200 - 220. Categories: Three Cent Pieces

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Posted by: anonymous  2015-03-02
1883. NGC graded Proof 66 Cameo CAC Approved. Light even toning. Only 6,609 struck. Pop 24; 22 finer. Estimated Value $650 - 700. Categories: Three Cent Pieces

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Posted by: anonymous  2015-03-02
1882. PCGS graded VF-30. Scarce low mintage date as only 22,200 were struck for circulation (PCGS # 3750) . Estimated Value $120 - 130. Categories: Three Cent Pieces

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Posted by: anonymous  2015-03-02
1882. PCGS graded Proof 64. Light even toning. Only 3,100 Proofs struck (PCGS # 3778) . Estimated Value $275 - 300. Categories: Three Cent Pieces

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Posted by: anonymous  2015-03-02
1882. PCGS graded Proof 66 Cameo CAC Approved. Hints of delicate toning on both sides. Only 3,100 struck. Pop 69; 60 finer (PCGS # 83778) . Estimated Value $700 - 750. Categories: Three Cent Pieces

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1923-S Liberty Standing Quarter Dollar. PCGS graded MS-64 PQ. Well struck with the head nearly full. Close examination suggests this is a full head. Lightly toned around the edges. A nice origin ...

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1908-S. NGC graded MS-66 Red. Nice strike with relatively fresh color. Frosty Gem. Tied for finest at NGC. Satiny matte surfaces explode with intense luster and varying shades of coppery and gol ...

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Info: http://www.goldbergcoins.com/view-auctions/catalog/id/37/lot/7999 ...
1876. PCGS graded Proof 65 Cameo. Blast white Gem Cameo Proof. Only 1,260 struck. The Twenty-cent piece, sometimes called a "double dime," had a brief appearance in the fourth quarter of the 19t ...
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