The 1854 3-cent silver coin, also known as the Star Three Cent Silver, is a rare and highly sought-after piece that could be worth a staggering $84,000 or more today. Known for its unique design, small size, and historical significance, this coin, if found in top condition, could transform your collection. Let’s dive into the details to see if you might have one of these treasures hiding in your collection.
3-Cent Silver Coin
The 3-cent silver coin was minted from 1851 to 1872, and it stands out as the smallest silver coin produced by the U.S. Mint in both diameter and weight. Created by James Barton Longacre, this series was initially introduced to provide small denominations for convenient transactions.
The 1854 coin, struck at the Philadelphia Mint, was part of a limited mintage of 671,000 pieces, making well-preserved examples particularly valuable.
Key Features and Composition
The 1854 3-cent silver coin is notable for its small size, with a diameter of just 14.30 millimeters. Composed primarily of 90% silver and 10% copper, this coin complies with the Coinage Act of 1853, which increased the silver content to maintain the coin’s value.
Its design includes two outlines around the central star, a feature that distinguishes it from earlier years in the series.
Auction Value and Rarity
In 2021, a specimen graded PCGS MS68 sold for an impressive $84,000 at Heritage Auctions. This high grade, given by the Professional Coin Grading Service (PCGS), signifies a nearly flawless condition, which is extremely rare among surviving coins.
Typically, most examples found in collections are at a grade of MS-64 or MS-65, while fully struck coins are harder to come by.
Finest Examples
PCGS reports only two specimens certified at the MS67 level. Fully struck examples of the 3-cent silver coin are rare, and clash marks from the minting process are common. These finest specimens showcase the intricacy of the design, reflecting the challenges in producing such a small and detailed piece.
| Coin Name | Year | Metal Composition | Mintage | Diameter | Auction Value |
|---|---|---|---|---|---|
| 3-Cent Silver | 1854 | 90% Silver, 10% Copper | 671,000 | 14.30 mm | $84,000+ |
The 1854 3-cent silver coin is a valuable piece of American history. If you own one, have it graded by a reputable service like PCGS to determine its condition and potential value. With some examples reaching prices over $80,000, this coin could indeed be a life-changing find for collectors.
FAQs
What Makes the 1854 3-Cent Silver Coin Valuable?
Its low mintage, high silver content, and condition make it highly valuable.
How Can I Tell If My 3-Cent Coin Is Worth Thousands?
Professional grading from services like PCGS can determine its grade and value.
Where Can I Sell an 1854 3-Cent Silver Coin?
Coins can be sold at reputable auction houses or through certified dealers.
What Does PCGS MS68 Mean?
MS68 is a nearly flawless grade, making the coin extremely rare and valuable.
Are All 3-Cent Silver Coins Valuable?
Only well-preserved, high-grade coins or rare years like the 1854 fetch high values.