1861 Three Cent Silver, PCGS MS-62, Original Toning

1861 Three Cent Silver, PCGS MS-62, Original Toning

279.00

Considered as a “common” date due to hoarding by the public at the start of the Civil War, but that is certainly relative. Less than 1/2 Million struck to start with, maybe 1000-1500 left in Unc grades today. This is an average low end BU coin showing the typical light scuffs associated with random saving by the public. Nice color however and well struck. Reverse rotated almost precisely 180 Degrees, i. e. “medal turn” - very possibly an error due to hurried production in order to get coins out into circulation. All Gold, almost all Silver and even many Copper coins disappeared from circulation in the North after the Union loss at First Bull Run (First Manassas if you are from South of the Mason-Dixie), resulting in pressure on the Mint to produce whatever they could that would stay in circulation, in this case Copper-Nickel Indian Cents and 3 Cents Silvers, with not enough Silver content to bother hoarding or melting.

PCGS 3679.62/37814708

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