coins \ Coin \ United States of America \ 3¢ (Three Cents) \ Silver Three Cents (Type 1) \ 1862
The Silver Three Cents Type 1 coin was introduced in 1851 as part of the United States' attempt to provide a small denomination for transactions, especially for use in the growing market of postage stamps. The Type 1 variant, minted from 1851 to 1873, features a design with a shield on the obverse and a wreath of olive and oak leaves on the reverse. The 1862 issue is particularly significant as it was minted during the American Civil War, a period that influenced the coinage and currency of the time. This coin is composed of 75% silver and 25% copper, weighing 2.5 grams and measuring 17.9 mm in diameter. Collectors often seek this coin due to its historical context and relative scarcity in high grades.
| Item | Denomination | Series | Year | Mint | |
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1862-- (Unknown) Silver Three Cents (Type 1) | 3¢ (Three Cents) | Silver Three Cents (Type 1) | 1862 | Unknown |
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1862-P (Philadelphia) Silver Three Cents (Type 1) | 3¢ (Three Cents) | Silver Three Cents (Type 1) | 1862 | Philadelphia |
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1862-P (Philadelphia) Silver Three Cents (Type 1) | 3¢ (Three Cents) | Silver Three Cents (Type 1) | 1862 | Philadelphia |