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3-Cent Silver Set 3cS no 1862/1, 23 Coins MS

Greysheet & CPG® Values
Melt Value (Silver): 0.0217 oz +0.41%
$1.17
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3-Cent Silver Set 3cS no 1862/1, 23 Coins MS
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3 cent silver "trimes" were struck from 1851 through 1873 and were produced with the primary purpose of paying for postage, which at the time was 3 cents for a first-class letter mailed in the United States. While the "trime," designed by James B. Longacre, indeed became popular with the public for this reason, 3 cent coins also served a larger role in commerce, and the denomination circulated well for many years.

The 3-cent coin also has the reputation of being the nation's lightest coin, weighing in at only 0.80 grams upon its debut and eventually being scaled back to only 0.75 grams. There are three major varieties or subtypes within the series. These include the Type I, which was struck from 1851 through 1853 and has the plainest design and is also the most common design variant of the series. The Type II, struck from 1854 through 1858, exhibits a border around the obverse star and has greater ornamentation around the "III" on the reverse. Further border enhancements on the obverse star created the third and final subtype, which was minted from 1859 until the end of the series in 1873.

All regular-issue dates minted from 1863 through 1872 are extremely scarce, as most of the production from those years was melted in 1873. There are a few notable varieties, including the 1851 1/inverted 2 and 1862 2/1 overdate. Proofs were also made during most years the series was issued, and all of these proof issues are scarce. All of the 1873 pieces were struck only as proofs.

Obverse Description

A six-pointed star with a harp in the center is surrounded by UNITED STATES OF AMERICA on the periphery and the date positioned at the bottom.

Reverse Description

The roman numeral III is centered in the design ensconced in a large, bejeweled letter C surrounded by 13 stars on the periphery.

Catalog Information

GSID: 77935
Designer: James B. Longacre
Obverse Designer: James B. Longacre
Obverse Lettering: UNITED STATES OF AMERICA, [Date]
Reverse Designer: James B. Longacre
Reverse Lettering: III
Fineness: 0.9
Weight (gr): 0.75 gr
Weight (oz): 0.0241 oz
Precious Metal Weight: 0.0217 oz
Strike Type: Business
Diameter: 14
Coin Shape: Round
Edge: Plain
Variety: no 1862/1
Variety 2: 23 Coins
Coin Date: 3-Cent Silver Set
Denomination: 3cS
Designation: MS
Coinage Type: Three cent silver
Coinage Years: 1851-1872
Composition: 0.75 silver; 0.25 copper
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Coin Value History
3-Cent Silver Set 3cS no 1862/1, 23 Coins MS
Value By Grade
3-Cent Silver Set 3cS no 1862/1, 23 Coins MS
CPG (retail) values
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Values

Greysheet & CPG® Values
Melt Value (Silver): 0.0217 oz +0.41%
$1.17
GSID:77935 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 3-Cent Silver Set 3cS no 1862/1, 23 Coins MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS67 CAC $456,500 $1,234
MS67 - $374,000 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

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