Oakton Coins is buying all collectible coins / paper money (U.S. and world), all forms of gold & silver.
The US 1871 three cent coin, also known as the trime, is a small and unique denomination that holds a special place in American numismatic history. This coin was minted during a period of significant societal and economic changes in the United States, adding to its appeal among collectors and enthusiasts.
The obverse side of the coin features the image of Liberty, facing leftward. Liberty is depicted wearing a crown, symbolizing her status and the spirit of freedom. She is surrounded by thirteen stars representing the original thirteen colonies, and the date “1871” is inscribed at the bottom of the coin.
The reverse side of the coin showcases the Roman numeral “III” in the center, indicating its denomination as three cents. The numeral is encircled by a wreath composed of various agricultural products, including wheat, corn, and tobacco. The wreath symbolizes the agricultural abundance of the United States during this era.
The three cent coin has a composition of 75% copper and 25% nickel, giving it a distinctive silver appearance. It has a diameter of approximately 14 millimeters and weighs approximately 1.94 grams. The coin has a plain edge, distinguishing it from other denominations.
During the mid-19th century, the United States Mint produced these three cent coins at various mint facilities, including Philadelphia (no mint mark). The mintage of the 1871 three cent coin was relatively low compared to other years, adding to its scarcity and desirability among collectors.
The three cent coin holds historical significance as it represents a transitional period in American currency. It was part of a series of three cent coins that were introduced in 1851 and lasted until 1889. These coins served primarily as small denomination currency for everyday transactions, often used for purchasing postage stamps or as change for larger transactions.
The value of the US three cent coin varies depending on factors such as condition, rarity, and demand from collectors. Coins in better condition, with sharp details and minimal wear, command higher prices. Mint errors or varieties can also significantly affect the coin’s value.
Collecting US three cent coins provides an opportunity to connect with a tangible piece of American history. It reflects the cultural, economic, and technological advancements of the era, as well as the evolving nature of US coinage during the time.
Owning an three cent coin allows collectors and enthusiasts to appreciate the craftsmanship and historical context in which it was produced. Its unique design and limited mintage make it a sought-after piece among numismatists, providing a fascinating glimpse into the coinage of the late 19th century United States.