Price Guide for 1856 Three Cents Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $33.00 – $2,520.00Uncirculated: $2.10 – $37,200.00
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eBayCirculated: $13.50 – $323.30Uncirculated: $290.00 – $2,336.00
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PCGS Price GuideCirculated: $65.00 – $500.00Uncirculated: $550.00 – $45,000.00
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3rd Party PriceCirculated: $460.00 – $7,700.00Uncirculated: $20.00 – $31,625.00
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PCGS Price GuideUncirculated: $3,000.00 – $45,000.00
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3rd Party PriceUncirculated: $8,338.00 – $28,200.00
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PCGS Price GuideUncirculated: $11,000.00 – $60,000.00
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3rd Party PriceUncirculated: $27,025.00
Design and Specifications of the 1856 Three Cents
The 1856 Three Cent Silver coin, also known as a ‘trime’, was part of the silver three-cent piece series minted from 1851 to 1873. This coin was introduced in response to the decrease in postage rates from five cents to three cents, making it convenient for purchasing stamps.
The year 1856 saw the continuation of the Type 2 design, which was introduced in 1854 to improve the coin’s durability and strike quality. This design featured slightly raised outer rims and more clearly defined design elements compared to its predecessor.
| Weight | 0.8 grams |
|---|---|
| Diameter | 14 mm |
| Mint Marks | Philadelphia (no mint mark) |
| Composition | 75% silver, 25% copper |
| Obverse Design | Liberty head facing right, wearing a coronet inscribed with 'LIBERTY', designed by James B. Longacre |
| Reverse Design | Roman numeral III within an ornate C-shaped design, surrounded by a wreath, designed by James B. Longacre |
Rarity Factors and Value Drivers
The condition of 1856 Three Cent Silver coins significantly impacts their value. Due to their small size and delicate design, many examples show wear or damage. Coins in uncirculated condition, particularly those with strong strikes and minimal contact marks, are highly sought after by collectors.
The presence of original luster is a key factor in determining grade and value for uncirculated specimens. Toning can also play a role, with attractive, natural toning often enhancing a coin’s appeal and value.
Mintage: 1,458,000
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in grades MS65 and above due to weak strikes and handling marks
Varieties Errors: None notable for this year
Market Demand: Moderate, with higher demand for well-preserved specimens
Strike quality is particularly important for 1856 Three Cent Silver coins. Many examples from this year suffer from weak strikes, especially on the reverse. Coins with full, sharp details command a premium.
The small size of these coins made them prone to damage during circulation. Examples free from significant marks, scratches, or other impairments are more valuable. Additionally, the composition of 75% silver makes these coins susceptible to tarnish and corrosion, so pieces with original, unblemished surfaces are highly desirable.
