The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
Proof 3 cent nickels were struck during the entire course of production of the 3 cent nickel, which was made from 1865 through 1889. The series, designed by United States Mint Chief Engraver James B. Longacre, is popular with type collectors and those who focus on minor-denomination coins, and thus the proofs enjoy some market activity from that standpoint.
While most of the proof issues begin at relatively affordable prices, certain dates were proof-only years. Thus, prices for those individual proof issues are significantly higher not because these proofs are any scarcer in the absolute sense but rather due to the strong demand placed on these coins from date set collectors who have only the proof specimen as an option to obtain an example of a 3 cent nickel from that year.
The proof-only years are 1877, 1878, and 1886, and prices for these issues vary from a few hundred to a few thousand dollars, based on the date and grade. There are a few significant design varieties for the proofs, including the 1873 Close 3, 1873 Open 3, and 1887 7/6 overdate.
Obverse Description
A Romanesque Liberty is portrayed facing left with LIBERTY emblazoned on her crown. UNITED STATES OF AMERICA appears on the periphery with the date at the bottom.
Reverse Description
The roman numeral III is centered in the design surrounded by a large wreath tied with a bow at the bottom. This design is one of few American coins without wording on one of the sides.
Book Reference
Designer: James B. Longacre. Weight: 1.94 grams. Composition: .750 copper, .250 nickel. Diameter: 17.9 mm. Edge: Plain. Mint: Philadelphia.
Key to Collecting: Specimens are available in most grades. Circulated coins are generally available. Attractive VF to AU coins are readily obtainable of the early dates, with 1865 being the most often seen. Well-struck Mint State coins are easier to find of the later years, 1879 to 1889. Many are partially prooflike and may have been struck as Proofs.
Aspects of Striking and Appearance: Best-struck pieces are those toward the end of the series. Choice well-struck, lustrous examples are scarce among the years 1865 to 1876, although there is no lack of certified “gems” on the market that are not choice.
Proof Coins: An easy option for a choice piece is one dated from 1879 to 1889, a range that combines high Proof mintage figures with usually well-struck details. Proofs of the 1860’s and early 1870’s are difficult to find in overall high quality. The first year of issue, sometimes selected for a type set, is quite rare.
Catalog Information
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Subject: I would like to contribute catalog info to CDN for 3-Cent Nickel 3cN 1865-1889 PR [Type]
Body: Referring page: http://dev.greysheet.com/prices/item/three-cent-nickel-tye-coin-proof-strike/gsid/73783 GSID: 73783 Title: 3-Cent Nickel 3cN 1865-1889 PR [Type]
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR68 |
|
$5,500 | $1,234 |
| PR68 | - | $4,100 | $1,234 |
| PR67 |
|
$1,234 | $1,234 |
| PR67 | - | $1,234 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
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