The Silver Three Cents Type 1 coin was minted by the United States from 1851 to 1873 as part of a series designed to facilitate small transactions in an era of high inflation. The Type 1 variant, produced from 1851 to 1853, features a unique design with a circular wreath on the reverse and a prominent "III" on the obverse, distinguished by its larger size and weight compared to later types. Composed of 75% silver and 25% copper, these coins were struck during a time when silver coinage was critical to the economy, and the 1853 date marks a notable year in its production, with a relatively low mintage compared to later years. Collectors value the Silver Three Cents Type 1 for its historical significance and distinctive design.

Item Denomination Series Year Mint
1853-P (Philadelphia) Silver Three Cents (Type 1) 3¢ (Three Cents) Silver Three Cents (Type 1) 1853 Philadelphia
1853-P (Philadelphia) Silver Three Cents (Type 1) 3¢ (Three Cents) Silver Three Cents (Type 1) 1853 Philadelphia