Newp from Todd-1862 Three Cent Silver-GTG Thru the toning. "Grade Revealed"
HighRelief
Posts: 3,674 ✭✭✭✭✭
I have always been fascinated with these little 3 cent silver coins and have now started collecting nicely toned examples of the series. Todd was able to find me this exceptionally toned 1862 NGC Old Fatty Slab example and took some great close up pictures of it. Try and take a crack at guessing the grade through the toning, it will be a good challenge.
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.
After adding up the average grades guessed it came out to 63.83 so it looks like it might have some upgrade potential. Thank you for your comments and grading opinions on this tough to grade toner.
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.
After adding up the average grades guessed it came out to 63.83 so it looks like it might have some upgrade potential. Thank you for your comments and grading opinions on this tough to grade toner.
0
Comments
Great coin though.
edit:
Never mind not a 62/1
I'll go MS-63
64
.
<< <i>Nicely struck example. I'll say at least 65. >>
type2,CCHunter.
if that is all die polish (don't think so) as on the rev then 64 or north of 64 with such nice eye appeal and colorful surfaces.
Best wishes,
Eric
edit for spelling.
-Paul