Coin Specifications

Category: Three Cent Nickels (1865-1889)
Mint: Philadelphia
Mintage: 5,001
Catalog: KM-95
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 1.94grams
Diameter: 17.9mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1887 3CN MS obverse 1887 3CN MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

In a classic example of governmental inertia, the three-cent piece continued to be coined through 1889 until it was finally abolished by law in September of 1890.

The 1887 edition was typical of later dates in having a very small mintage that clearly served no role in commerce. Precious few of the 5,001 pieces struck for circulation have survived, and a disproportionate percentage of these are Mint State.

The specimen illustrated reveals one of the problems that often plagued this denomination: The dies clashed severely, leaving deep impressions of one another that were only partially effaced by aggressive buffing of the die.

There is a very minor overdate variety for the currency strikes, and this is not to be confused with the common but much more obvious proof overdate. The former is so slight that the numismatic community has largely overlooked it.

GRADE SUMMARY

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Price Guide

Last Updated: 6/18/2013

Click on a price to see historical prices, comparison charts and trends.

1887 3CN MS
  GVGFVF4045505355586061626364656667686970
Base $ 264 294 330 432 510 510 540 582 630 680 720 760 810 890 940 1530 2960 14950 - - -
$ 560 590 640 690 750 790 840 890 980 1030 1680 3200 16100 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 110
Low Grade: F
Average Grade: 60
High Grade: 66


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Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/5/2003 NGC AU 58   Teletrade Auction 1788, 1788/Lot# 1040 $374.00
4/25/2005 NGC MS 63   David Lawrence Rare Coins Richmond Sale, Internet-Only Auction, 40/Lot# 231 $500.25
9/23/2007 PCGS MS 64   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 2486 $960.00
2/15/2010 NGC MS 66   Stack's Bowers The March 2010 Baltimore Auction, 33/Lot# 438 $1,725.00
3/18/2012 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 03/18/2012, 13/Lot# 40902 $704.00
3/21/2013 PCGS MS 65   Heritage Auctions 2013 March 21 -22 & 24 US Coin Signature Auction - Dallas Session(1), 1183/Lot# 3142 $1,292.50
6/5/2013 PCGS MS 66   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(1), 1186/Lot# 3120 $2,350.00


NGC Registry

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