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1862 Silver Three Cent Piece - 2/1

Strike Type
1862 Silver Three Cent Piece - 2/1

Coin Details

Year
1862
Denomination
Three Cent
Mint Mark
P
Strike Type
Regular Strike
Series
Silver Three Cent Pieces 1851-1873
Designer
James Barton Longacre
Mintage
343,000
Composition
90% Silver, 10% Copper
Weight
0.75g
Diameter
14.3mm
Edge
Plain

Value Estimates

$70 - $439

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-67). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$12,000 MS67 06-20-2021 Heritage Auctions

Description

The 1862 Silver Three Cent Piece - 2/1 is a cent produced at the Philadelphia Mint as part of the Silver Three Cent Pieces 1851-1873 series. The U.S. Mint produced 343,000 examples. The obverse features a six-pointed star enclosing a Union shield, while the reverse displays a Roman numeral III (three) within a large letter C. Designed by James Barton Longacre. Struck in 90% silver, 10% copper, weighing 0.75 grams, 14.3 mm in diameter, with a plain edge. Cataloged as PCGS #3681. The Silver Three-Cent Piece (trime) was introduced in 1851, primarily to facilitate the purchase of postage stamps which had just been reduced to three cents. The unusual denomination and small size (14mm) make this a fascinating series. Many dates from 1863-1873 are proof-only with very low mintages.

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