Description and Analysis
Nickel Three Cents
1888 3CN PF
Description & Analysis
The popularity of coin collecting in the USA reached a peak around this time that it would not experience again until the late 1930s. Sales of the 1888 proof three-cent piece were quite high, though at least some of these were sold early in the following to dealers who purchased the remainders at face value. Hoards of this and other dates from the period existed for years, and it was the need to market such hoards that prompted the development of the first coin albums in the late 1920s.
1888 proof three-cent pieces are fairly common in all grades through the gem level, and even cameo examples exist in sufficient numbers to be collectable. A minor repunched variety is known for this date but commands no premium.