USA 3 cents Three cent Nickel 1881

USA, Philadelphia
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Rarity

Extremely Rare

Attributes of Coins

RegionUSA
Denomination3 cents
Krause numberKM# 95
Mintage3,575
MetalCopper-Nickel
thickness0.9 mm
diameter17.9 mm
weight1.94 g
Obverse:
coin obverse image
Liberty
Creators:
James Barton Longacre
LIBERTY
UNITED STATES OF AMERICA
Reverse:
coin reverse image
Wreath
Creators:
James Barton Longacre
III

Introduction of Coins

This is the only date in the 1880s for which the demand is limited to actual collectors of proofs. The abundance of currency strikes for this date alone applies no price pressure on the proofs.  This is another fairly common entry in the proof series, with a generous mintage that left many unsold pieces at the end of the year. Philadelphia coin dealers were known to visit the mint early in each year to buy up these unsold remainders at face value, accounting for the hoards which surfaced years later. Gems are readily available for a price, though true cameo examples are in the minority.  The coin illustrated displays an obviously repunched date, yet there is little or no premium attached to such varieties when found on proofs.Read More
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