Coin Specifications

Category: Three Cent Silvers (1851-1873)
Mint: Philadelphia
Mintage: 21,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Silver
Fineness: 0.9000
Weight: 0.7500g
ASW: 0.0217oz
Melt Value: $0.37 (11/21/2017)
Diameter: 14mm
Edge: Plain
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1863 3CS MS obverse 1863 3CS MS reverse


  
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Description & Analysis

The issuance of non-redeemable paper money by both the CSA and USA during the war quickly drove gold and silver coins from circulation in most of the nation. The place of this denomination was taken first by small paper notes and then, in 1865, by a base metal coin. Only token mintages of the silver three-cent piece occurred for the next decade, these few coins kept on hand to make up odd sums in payment of deposits and to keep the denomination current, at least on the books.

While rare in overall numbers, the quality of 1863 trimes is uniformly high. The dies weren't used enough to become worn or even to lose their prooflike brilliance. This transferred only partially to the coins, with examples certifiable as PL being rare.

What was touted as an overdate years ago is simply a minor repunched date. While collectable, there is little interest in variety collecting for the low-mintage dates of this series.

GRADE SUMMARY

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Price Guide

Last Updated: 6/29/2015

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

1863 3CS MS
  GVGFVFXF505355586061626364656667686970
Base $ 315 335 390 430 500 625 685 785 880 940 1000 1100 1375 2300 3500 5950 9150 18500 - -
$ - - - - - - - - 1550 2600 4100 7000 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 79
Low Grade: 55
Average Grade: 64
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/15/2001 NGC MS 66   Teletrade Auction 1426, 1426/Lot# 1042 $1,728.00
11/4/2004 NGC MS 67   Heritage Auctions 2004 November Palm Beach, FL Signature Sale #358, 358/Lot# 5712 $3,047.50
11/3/2005 NGC MS 66   Heritage Auctions 2005 November Dallas, TX Signature Auction #388, 388/Lot# 441 $2,530.00
2/4/2009 NGC MS 65   Heritage Auctions 2009 February Long Beach, CA Signature US Coin Auction #1122, 1122/Lot# 621 $1,725.00
5/30/2010 PCGS Genuine Genuine   Bonhams Coins, Medals, and Banknotes, 18301/Lot# 1220 $409.00
10/30/2014 PCGS MS 67   Stack's Bowers November Baltimore 2014, 6039/Lot# 4017 $7,050.00
8/11/2015 PCGS   Stack's Bowers 2015 Chicago ANA, 6104/Lot# 185 $3,818.75


NGC Registry

NGC Registry Score 1863 3CS MS
 PrAgGVGFVF4045505355586061626364656667686970
Base820847882974103611381226130313751488158916491707179920292643323841264970661672137850
829859913995107011671252132714131522160916681738187622342841353444075519681574250
0000001252132714131522160916681738187622342841353444075519681500
0000001277135114501555162916881768195224383040383046896067701400
Registry Image Gallery
Grade: MS 66
Points: 4126
Owner: Trime Time
 
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