View All 1869 Silver Three Cent Piece

1869 Proof Silver Three Cent Piece - 9/8

Strike Type
1869 (P) Three Cent coin

Coin Details

Year
1869
Denomination
Three Cent
Mint Mark
P
Strike Type
Proof
Series
Silver Three Cent Pieces 1851-1873
Designer
James Barton Longacre
Mintage (whole issue)
600
Composition
90% Silver, 10% Copper
Weight
0.75g
Diameter
14mm
Edge
Plain

Auction Record

Price realized
$11,750
Sold
Grade
PR67
Auction house
Heritage Auctions

Description

This is the 1869/8 overdate variety of the 1869 Proof Silver Three Cent Piece. Dies were expensive, and a serviceable die left over at the end of a year was often kept and re-dated rather than destroyed: the new digits were punched directly over the old ones. The earlier date survives underneath wherever its strokes fall outside the digits punched over it, which is why an overdate is read from the shapes that do not belong to the date as printed. The effect is in the die, so every coin struck from it carries the same remnant in the same position. Any mintage given below counts the entire issue for this date and mint, not this variety: a variety comes from one die or a few, and how many coins they struck was never separately recorded. The 1869 Proof Silver Three Cent Piece - 9/8 is a proof silver three-cent piece struck at the Philadelphia Mint, part of the Silver Three Cent Pieces 1851-1873 series. The 1869 Proof Silver Three Cent Piece issue as a whole had a mintage of 600; how many coins carry this variety is unknown. The obverse features a six-pointed star enclosing a Union shield and the reverse displays a Roman numeral III (three) within a large letter C. Minted during Reconstruction and the Gilded Age, as the nation healed from civil war and debated the role of silver and gold in the monetary system. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements. Struck in 90% silver, 10% copper, weighing 0.75 grams, 14 mm in diameter, with a plain edge. Cataloged as PCGS #3719.

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