Coin Specifications

Category: Silver Three Cents (1851-1873)
Mint: Philadelphia
Mintage: 1,458,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Silver
Fineness: 0.9000
Weight: 0.7500g
ASW: 0.0217oz
Melt Value: $0.61 (6/12/2021)
Diameter: 14mm
Edge: Plain
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1856 3CS MS obverse 1856 3CS MS reverse
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Description & Analysis

The dramatic rise in mintage, more than ten times the number coined in 1855, did not reflect any increase in demand. Instead it revealed Mint Director Snowden's illegal policy of paying out silver coins in exchange for silver bullion at above market prices. The law stipulated that only gold bullion was to be accepted in payment for fractional silver coins as a means of preventing their overproduction. In his eagerness to overcome the previous shortage of fractional silver coins, Snowden disregarded this order for the next several years.

1856 trimes are not as common as their high mintage would suggest, and gems are truly rare. The example illustrated displays a superior strike.

GRADE SUMMARY

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Price Guide

Last Updated: 10/19/2020

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

1856 3CS MS
  GVGFVFXF505355586061626364656667686970
Base $ 25.00 65.00 75.00 85.00 130 220 225 240 270 350 400 475 775 1525 3600 16000 32000 - - -
$ 140 - 235 255 300 - 420 525 925 1825 4500 - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 375
Low Grade: VG
Average Grade: 60
High Grade: 66

The chart showing VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 6/8/2021 1856 3CS MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--432311181211842116535397185----375
--------------12------3
---------------3------3
-----------------------
Total--4323111812118421165354102185----381
 --1%1%6%3%5%3%3%2%11%0%4%14%14%27%5%1%---- 

NGC Registry

NGC Registry Score 1856 3CS MS
 PrAgGVGFVF4045505355586061626364656667686970
Base102111190209255463575674695725774916974113814882124328162488153134421530717357
1051371962243245006086817057418219351029125517002510427068839916140641599018225
00000060868170574182193510291255170025104270688399161406400
000000641688715758869955108313711912289552597518116791468500
Registry Image Gallery
Grade: MS 65
Points: 3281
Owner: Trime Time
 
Grade: MS 64
Points: 2124
Owner: Cfoye130
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.