Three Cent Nickels (1865-1889)

Three Cent Nickels: Bridging the Gap in American Currency (1865-1989)

The United States Three Cents coin is a unique denomination that was first introduced in 1851, following earlier patterns minted in 1849 and 1850. Its creation aimed to fill the gap between the Cent and Half Dime, facilitating transactions during a time when various foreign coins were legal tender in America. The timing was particularly significant, as postal rates were reduced from five to three cents in 1851. While three Large Cents could pay for a postage stamp, their bulk made them impractical. Thus, the Three Cents coin served a dual purpose: it provided a necessary intermediate denomination and met the new postal rate.

In 1865, the "Nickel" version of the Three Cents was introduced, primarily made of copper but given a nickeled appearance. This nickel variant was minted alongside the silver versions until 1873, when production of the silver type ceased. The nickel coins continued to circulate until the denomination was ultimately discontinued in 1889.

Notably, some of the Nickel Three Cents were only struck as Proofs, such as the 1877, 1878, and 1886, while others like the 1884 and 1885 are rarely found in circulation. Collectors often seek out interesting varieties, including the 1873 Open 3, 1873 Closed 3, and the 1887/6 Overdate, which showcase the unique history and craftsmanship of these coins.