Description: The 1870 Three Cent Nickel is circulated in VF+ grade, and exhibits a rich all-over toning. All surfaces are original and the coin has not been altered or cleaned. The unusual denomination makes the three-cent nickel a favorite among collectors. From PCGS Coin Facts: The United States Three Cents is an unusual denomination that first appeared in 1851, although pattern coins for the denomination were produced in 1849 and 1850. The original purpose of the Three Cents coins to provide an intermediate denomination between the Cent and Half Dime, making it easier to change some of the odd foreign coins that were legal tender in America at that time. In 1851, postal rates were dropped from five to three cents. While three Large Cents could have been used to purchase a postage stamp, the bulky copper coins were expensive to produce. Thus, a coin of three cents value had two purposes, enough to get the denomination started in 1851. In 1865, a "Nickel" Three Cents was introduced (the predominant metal in the coin was actually copper, but because the color was more whitish than brown, "nickel" was considered a better descriptor). These were minted side-by-side with the silver versions until 1873, when the silver type was discontinued. The nickel versions were minted until 1889, when the entire denomination was discontinued.
Price: 30 USD
Location: New York, New York
End Time: 2024-11-06T04:20:10.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Denomination: 3C
Circulated/Uncirculated: Circulated
Composition: Nickel
Year: 1870
Strike Type: Business
Mint Location: Philadelphia
Grade: Ungraded
Country/Region of Manufacture: United States
Certification: Uncertified
