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Three Cent Silver

The tiny "trime" measured just 14 mm, and was introduced in 1851. Billon was initially used, an alloy of .750 silver, .250 copper. In 1854, the composition was changed to regular "coin silver" alloy of .900 silver and .100 copper. Three different varieties circulated until the series retirement in 1873. All bore a six-pointed star on the obverse and Roman numeral III on the reverse. Coins were struck at the Philadelphia Mint each year through the life of the denomination, and were coined at the New Orleans Mint for southern used only in the first year of issue. The final year was a Proof-only date, and all struck since 1863 were low mintage issues that are particularly scarce today in Mint State. There are no great rarities within the denomination, so a complete date set is within the scope of many collectors. The need for this denomination is tied directly the introduction of the 3 Cent stamp in 1849. It is said both the silver three-cent piece and the three-dollar gold piece first struck in 1854 were coined to relieve the Postmaster of the need to make change for the purchase of stamps.
Reference books include: UNITED STATES THREE-CENT AND FIVE-CENT PIECES by Q. David Bowers; A GUIDE BOOK OF UNITED STATES COINS by R.S. Yeoman; and the all encompassing COMPLETE ENCYCLOPEDIA OF U.S. AND COLONIAL COINS by Walter Breen.

A Highlight Three Cent Silver from our Auctions
Image of Three Cent Silver 1856 Proof PCGS 64
1856 Proof PCGS 64
This is a supremely toned coin as designated by Teletrade

Auction 3279  

Sunday, May 20, 2012 from 3:00pm-10:00pm ET

Three Cent SilverThis is the
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Lot Image  Description
Track
1519
1851O PCGS 35
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1520
1852 PCGS 40
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1521
1853 PCGS 45
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1522
1854 PCGS 55This is CAC verified coin
Nearly mint. Well struck.Pleasing surfaces. Toned. This encapsulation features a green CAC hologram label, indicating the coin has met CAC's grading standards.
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1523
1855 PCGS 0
This coin has been encapsulated as Genuine by PCGS. The PCGS number ending in .97 suggests Environmental Damage as the reason, or one of the reasons, that PCGS deemed this coin not gradable.
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1524
1856 PCGS 58This is CAC verified coin
Nearly mint. Well struck. Pleasing surfaces. Lightly toned. This encapsulation features a green CAC hologram label, indicating the coin has met CAC's grading standards.
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1525
1860 PCGS 63
Choice. Well struck. Pleasing surfaces. Lightly toned.
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1526
1860 PCGS 64This is a low mintage coin
Nearly Gem. Well struck. Pleasing surfaces. Toned.
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1527
1864 Proof NGC 63This is a low mintage coin
Choice. Proof. Deep mirror-like fields. Sharply contrasting heavily frosted devices. Attractively toned. There were 470 Proof coins minted for this date.
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