1886 3CN (Proof)

**1886 3CN (Proof) Numismatic Overview** The 1886 Nickel Three-Cent Piece is a captivating specimen within the coin world, offering both historical significance and numismatic rarity. As part of the United States Mint's limited production of the three-cent denomination, this particular coin draws attention from collectors due to its scarcity and unique context within American coinage history. **Mint and Mintage** The 1886 Proof Nickel Three-Cent Piece was minted at the Philadelphia Mint, which was the sole mint for this denomination. According to PCGS CoinFacts, the mintage was extraordinarily low, with only 4,290 proofs produced in this year. There were no business strikes for the 1886 issuance, which accentuates the importance of the proof strikes for collectors. **PCGS Information** For identification, the PCGS assigns this coin the number 3783. The coin's technical specifics include its nickel composition, a diameter of 17.9 mm, and a weight of 1.94 grams. It features a reeded edge, adding to its distinguished appearance. **Historical Context and Design** Introduced during a time of significant economic changes, the three-cent nickel was initially created to provide a convenient way to purchase postage stamps following their price increase to three cents. The coin's designer, James B. Longacre, emblazoned the obverse with the classic portrait of Lady Liberty, adorned with a coronet. The reverse displays Roman numerals “III” encircled by a laurel wreath. **Rarity and Value** The 1886 Proof 3-Cent Nickel is cherished for its rarity, with its limited mintage making it a sought-after acquisition for numismatists. The scarcity in high grades amplifies its appeal, leading to competitive bidding in auctions. **Auction Results and Market Trends** Although this coin’s price can fluctuate based on factors such as grade and demand, its prominent sales often reflect its numismatic value. For instance, Proof 68 Cameo examples have been known to command substantial prices, even exceeding several thousand dollars, underscoring their desirability and limited availability at such high grades. **CoinFacts Insights** According to CoinFacts, this coin not only symbolizes a distinctive era of numismatic history but serves as a key component for collectors aiming to complete a full set of Proof Three-Cent Nickels. The site's insights reveal the coin’s enduring popularity, highlighting instances of impressive luster, sharp details, and cameo contrast that elevate it above other examples from the series. **Collecting and Investment Potential** Given its rarity at higher grades and historical interest, the 1886 3CN Proof is a prudent choice for collectors seeking to enhance their collection with a piece that offers both aesthetic appeal and investment potential. As with all numismatic pieces, ensuring authenticity and quality through reputable grading services like PCGS or NGC remains paramount. Understanding the intricacies of the 1886 3CN (Proof) allows collectors to appreciate not just its financial value, but its place in the broader tableau of American numismatics. It is a testament to the artistry and utility of coinage, capturing the economic narrative of its time while continuing to captivate enthusiasts with its beauty and scarcity.