1870-P (Philadelphia) Nickel Three Cents

Coin / United States of America / 1870 / Philadelphia / Nickel Three Cents / 3¢ (Three Cents)

The coin in question is a 3-cent nickel, minted in 1870 in Philadelphia, USA. This particular piece belongs to the Nickel Three Cents series and showcases the unique characteristics of the copper-nickel alloy, which gives it its distinctive appearance. This coin features a diameter of 17.9 mm and weighs approximately 1.94 grams, making it a compact yet significant piece of numismatic history. The 1870 issue is particularly noteworthy due to its low mintage of only 1,000 pieces, indicating its rarity among collectors. The coin was produced as a Proof type, which typically means it was struck with higher precision and typically exhibits a mirror-like finish compared to standard circulation coins. This specific mint mark is “P,” indicating its production at the Philadelphia Mint, which is one of the oldest and most renowned mints in the United States. As a 3-cent denomination coin, this piece represents a fractional currency that was in circulation during a period of economic variability in the United States. Its historical context and limited mintage contribute to its appeal among coin enthusiasts and collectors. In the current market, this rare coin is likely to hold significant value due to its unique attributes and the interest surrounding coins from this era.