3c Silvers Three Cents Coins: US Coins & Paper Money
Another one of James Longacre’s designs, the three cent silver pieces are the first three cent pieces to be minted, starting in 1851. They were measured at 14 millimeters in diameter, 1.55 millimeters thick, and weighed 0.8 grams in their conception. These coins loss weight in 1854, dropping the mass of the three cent silver piece from the 0.8 grams to 0.75 grams. The coin was composed of 75% silver and 25% copper; to insure that the coin would still be accepted currency yet not so heavy in silver that it would be melted down to extract it. All of these coins were minted in Philadelphia, Pennsylvania, except the first year where they were also created in New Orleans, Louisiana. This created the lightest coin to ever be minted by the United States.
Discount & Bargain
In 1954, the reduction in weight was contributed to the adding more silver to the compound, taking the 75% silver content to 90%. This was done to encourage circulation of the three cent silver piece, which seemed to be lacking at that time. And there was some backlash at the decision to raise the content of the three cent silver piece higher, especially with the Civil War breaking out.
Citizens decided to hold onto these silver pieces instead of keeping them in circulation, understanding that there was a great need for the metal. This was the birth of the three cent nickel. These three cent silver pieces are worth induction to the collection, as they are the first three cent pieces made.
Cheap
- Chinese Paper Money Coins and Paper Money -> Paper Money - World -> China The Chinese actually invented paper money, and the process of making it dates back to the early 9th century. Collectors are always seeking Chinese paper money due to its rich history and value, and this is a currency that...
- Silver Bullion Coins Coins & Paper Money -> Bullion -> Silver People buy silver bullion coins for a few different reasons. Some buy them because of the precious metal content as an investment and buffer against inflation. Some people buy them because they fear that one day our popular currency will become worthless,...
- 1925 Coin Penny Coins & Paper Money -> Coins: World -> Australia The 1925 coin penny is the 3rd rarest copper coin from Australia. According to records from their Royal Mint, this coin was struck late in the year to make sure that Australian merchants had plenty of pennies during the Christmas season....
- Euro Coins Coins & Paper Money -> Coins: World -> Europe Euro coins were first put into circulation in 2002 by the European Union. There are 8 coins: 1, 2 5, 10 and 20 cent coins, as well a the 100 and 200 cent coins, which equal 1 and 2 Euros, respectively....
- Gold Eagle Coins Coins & Paper Money -> Gold -> American Eagle Gold Eagle coins are American currency, first released in 1986, that contains the stated amount of actual gold weight claimed in troy ounces, with a silver and copper alloy added to make the coins less soft and more wear resistant. The...
- 1896 Silver Dollar Coins & Paper Money -> Coins: US -> Dollars An 1896 silver dollar is one of the Morgan dollars that were minted from 1868 to 1904, and then later again in 1921. The image on these coins was designed by George T. Morgan, and while his dollar is a collector...
- Paper Money Coins and Paper Money -> Paper Money: US -> United States Notes Paper money has a long and varied history that dates back centuries. Although we are used to dealing with paper money on a constant basis it was not too long ago that it wasn’t even used. Let’s take...
- Russian Coins Coins & Paper Money -> Coins: World -> Russia Russian coins have recently become a popular investment, with many of the popular dealers selling out of supplies, and some older and more rare coins earning over $45,000 at auction. Many people gave up on Russian coin collecting in 2007 because...
- Palladium Coins Coins and Paper Money -> Bullion -> Platinum and Palladium Palladium coins are extremely rare and they are one of the most valuable types of money that you can collect. If you have never heard of palladium before, or if you are curious as to what these coins are, there...
Do Pennies Still Make Cents? A Penny For Your Thoughts... Ah, the penny. The bright, shiny, Abraham Lincoln adorned, copper (cough, zinc) penny. If you haven't already heard, the United States Mint announced four new one-cent coins for 2009. The redesign is in recognition of the bicentennial of President Abraham Lincoln's birth and the 100th anniversary of the first minted...
10 Online Store Search Results
Autographs Scripophily Coins Paper Money
1930-38 Buffalo 1913-38 Nickels Coins US Coins Paper Money
1 Gold Coins US Coins Paper Money
Collections, Lots Coins World Coins Paper Money
Kennedy 1964-Now Halves Coins US Coins Paper Money
Africa Coins World Coins Paper Money
1894-98 Morgan 1878-1921 Dollars Coins US Coins Paper Money
1859-79 Indian Head 1859-1909 Small Cents Coins US Coins Paper Money
North, Central America Paper Money World Coins Paper Money
Farthing UK Great Britain Europe Coins World Coins Paper Money
