What is the history of the three cent coin?
Three Cent Silver (1851-1873) This coin has an interesting history, and came about due to the lowering of postage rates from five cents to three cents in 1851. The 3-Cent silver piece was initially produced with 75 percent silver and 25 percent copper in order to try to discourage the melting of the coins for their silver content.
What is the value of a 1851 3 cent silver coin?
This coin is a favorite among dealers and collectors because the 1851-0 is the only 3-Cent silver piece that was minted at a branch location and not in Philadelphia where all other 3-Cent silver pieces were produced. These coins may be valued at $25 for a coin in good condition.
What is a 3-cent silver piece?
The 3-Cent Silver piece was produced by the U.S. Mint from 1851 to 1873 in very limited quantities. This coin has an interesting history, and came about due to the lowering of postage rates from five cents to three cents in 1851.
How much silver is in your silver coins?
Dimes, quarters, half dollars, and dollar coins minted before 1965 are 90% silver. Nickels minted from 1942-1945 are 35% silver. Half dollars minted from 1965-1970 are 40% silver. Eisenhower dollars minted from 1971-1973 are 40% silver. We remind you that in most cases, these junk silver coins will be worth more than their silver melt value.