1869-P (Philadelphia) Silver Three Cents (Type 1)

Coin / United States of America / 1869 / Philadelphia / Silver Three Cents (Type 1) / 3¢ (Three Cents)

The coin in question is a 1869 Silver Three Cents (Type 1) issued by the United States. It features a notable design that reflects the unique characteristics of this small denomination, which was minted in silver. This particular specimen was struck at the Philadelphia Mint, marked with the 'P' mint mark. With a diameter of 14 millimeters, this coin is quite petite, making it a collector's favorite. It weighs 0.75 grams and is made of silver, further adding to its allure and value in the numismatic community. The coin belongs to a series characterized by its distinct style, and this type is particularly noted for being produced as a Proof, indicating it underwent a special striking process to achieve a higher level of finish and detail. The mintage of this coin is notably low, with only 600 pieces produced, making it quite rare. As such, it holds significant appeal for collectors and investors alike. In terms of its monetary value, this Silver Three Cents coin, depending on its condition, rarity, and demand, can vary greatly in worth, potentially reaching a few hundred dollars or more in the market. Overall, this 1869 Proof Silver Three Cent coin stands out not only for its physical attributes but also for its historical significance within American coinage.