This coin is a Silver Three Cents (Type 1) from the United States, minted in 1864 at the Philadelphia Mint. It carries a denomination of 3¢ and is made of silver, weighing approximately 0.75 grams. The coin features a diameter of 14 mm, which classifies it as a small yet significant piece of American numismatic history. The mintage for this particular type is relatively low, with only 12,000 pieces struck, making it a collectible item among enthusiasts of U.S. coins. The "P" mint mark indicates its origin from the Philadelphia Mint, a site known for producing some of the most iconic coins in American history. The 1864 Silver Three Cents (Type 1) reflects the economic conditions of its time, being a small denomination used during the Civil War period when silver was becoming increasingly valuable. Collectors appreciate this coin for both its historical context and its silver content, making it a desirable addition to any collection focused on U.S. currency or Civil War-era artifacts.