Coin Specifications

Category: Three Cent Nickels (1865-1889)
Mint: Philadelphia
Mintage: 5,001
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 1.9400g
Diameter: 17.9mm
Edge: Plain
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1887 3CN MS obverse 1887 3CN MS reverse


  
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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: 6/30/2015

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

1887 3CN MS
  GVGFVFXF505355586061626364656667686970
Base $ 285 325 365 475 600 650 675 715 730 745 765 785 825 1025 1850 2800 19000 - - -
$ - - - - - - - - - - 2300 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 115
Low Grade: VG
Average Grade: 60
High Grade: 66


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
11/4/2017 AU 53   Heritage Auctions 2017 November 2 - 4 US Coins Signature Auction - Dallas Session(5), 1261/Lot# 19239


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/23/2007 PCGS MS 64   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 2486 $960.00
12/12/2011 PCGS MS 64   Teletrade Auction 3188, 3188/Lot# 1506 $600.00
3/18/2012 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 03/18/2012, 13/Lot# 40902 $704.00
4/1/2014 PCGS Genuine XF   Stack's Bowers March 2014 Baltimore Auction, 6008/Lot# 7462 $282.00
4/6/2014 PCGS AU 58   David Lawrence Rare Coins Internet Auction # 798, 807/Lot# 988 $820.00
8/5/2014 NGC MS 65   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(1), 1208/Lot# 3233 $1,057.50
10/8/2014 NGC MS 63   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(5), 1210/Lot# 7362 $881.25


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