Coin Specifications

Category: Three Cent Nickels (1865-1889)
Mint: Philadelphia
Mintage: 11,382,000
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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1865 3CN MS obverse 1865 3CN MS reverse


  
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Description & Analysis

This coin debuted in 1865 as a replacement for the despised three-cent fractional currency notes, themselves replacements for the hoarded silver three-cent pieces. Due to the urgency of retiring the notes, minting of this coin was very heavy before year's end. 1865 is a common date in all grades short of gem Mint State.

The copper-nickel alloy was hard on dies, with the result that a great many 1865 pieces are seen with multiple die-clash impressions, die cracks and small cuds. The challenge to the collector will be to find an example which is free of such distractions. The piece illustrated is more fully struck than most, but it reveals an inverted outline of Liberty on its reverse from die clashing.

With so many dies need for such a large production, both repunched dates and doubled-dies are numerous and highly collectable. The best of these are recognized by NGC under its VarietyPlus Service.

GRADE SUMMARY

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Price Guide

Last Updated: 6/18/2013

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1865 3CN MS
  GVGFVF4045505355586061626364656667686970
Base $ 14.95 18.00 21.60 30.00 40.80 40.80 60.00 67.20 74.40 90.00 107 126 144 175 270 575 1500 12160 - - -
$ 46.00 67.00 75.00 83.00 101 118 141 161 200 300 630 1650 13100 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 1953
Low Grade: G
Average Grade: 61
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/5/2006 NGC MS 65   Teletrade Auction 2170, 2170/Lot# 1122 $588.00
5/24/2009 PCGS MS 66   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 386 $891.25
2/2/2012 NGC MS 63   Heritage Auctions 2012 February 2-5 US Coins Signature Auction- Long Beach Session(4), 1167/Lot# 7723 $115.00
10/14/2012 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131243/Lot# 22673 $99.88
1/20/2013 PCGS Genuine AU   GreatCollections GreatCollections Coin Auctions 01/20/2013, 58/Lot# 96690 $46.00
5/11/2014 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 803, 812/Lot# 554 $226.00
6/9/2014 NGC AU 58   Stack's Bowers iAuction 3485, 6034/Lot# 20130 $68.15
8/31/2014 NGC MS 63   Heritage Auctions Internet Coin Auction Session(2), 131436/Lot# 23550 $135.13


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