1862-P (Philadelphia) Silver Three Cents (Type 1)

Coin / United States of America / 1862 / Philadelphia / Silver Three Cents (Type 1) / 3¢ (Three Cents)

This coin is a 1862 Silver Three Cents piece (Type 1), minted at the Philadelphia Mint, designated by the "P" mint mark. It is part of the United States currency, specifically representing the denomination of three cents (3¢). The coin is composed of silver, reflecting the material that was characteristic of this series during that era. With a diameter of 14.00 mm and a weight of 0.75 grams, this coin was produced as a mint strike and has a total mintage of 343,000 pieces. The Silver Three Cents coin was produced during a time when the U.S. government sought to introduce smaller denominations to facilitate transactions, especially in the context of the Civil War era. As a Type 1 coin, it features a distinctive design that collectors appreciate. This piece is not just a means of currency; it holds historical significance and is valued by numismatists for its rarity and unique characteristics. With its silver composition and historical context, the 1862 Silver Three Cents coin serves as a fascinating collectible reflecting a specific period in American monetary history.