1887/(6) 3CN (Proof)

The 1887/(6) 3CN is a noteworthy variety in the Three-Cent Nickel series, struck at the Philadelphia Mint. This variety is especially intriguing to numismatists due to its overdate feature, where the numeral '7' is punched over the original '6' in the date. This type of error offers insight into the minting practices of the late 19th century, when mint workers manually punched dates onto dies and occasionally reused dies from previous years to avoid waste, leading to such anomalies. ### Rarity and Mintage As part of the 1887 Three-Cent Nickel issue, this variety is relatively scarce. The overall mintage for the 1887 3CN was 5,000 pieces, but only a portion of these display the overdate, making the 1887/(6) 3CN an elusive find for collectors. The limited surviving population further enhances its rarity, garnering significant interest from collectors and investors alike. ### PCGS Information - **Mint**: Philadelphia - **PCGS Number**: 3754 - **Mintage**: Part of the 5,000 pieces minted in 1887 ### Market Value and Sales The market value of the 1887/(6) 3CN can be considerable, fluctuating based on its condition and grading. Coins graded by PCGS or NGC tend to fetch higher prices, especially examples in Mint State. Over the years, auction sales have demonstrated the coin's desirability and the premiums collectors are willing to pay for high-grade specimens. Notable sales of the 1887/(6) 3CN have occurred at prestigious auctions, with prices reflecting the coin's condition and rarity. For instance, well-preserved examples with full luster can command prices ranging from several hundred to several thousand dollars. Auction results frequently spotlight pieces achieving record prices, underscoring the high demand for this numismatic rarity. ### Historical Context The Three-Cent Nickel was first introduced during the Civil War era, designed by James B. Longacre, aiming to alleviate small denomination coin shortages common at the time. The denomination, minted from 1865 to 1889, served as a utility coin that facilitated everyday transactions, especially as the nation shifted to fiat currency. In 1887, economic conditions had stabilized, yet production of the Three-Cent Nickel was minimal, with mintages declining toward the series' cessation. The 1887/(6) variety provides a unique glimpse into mintage practices as it encapsulates a transitional period when the need for the denomination slowly dwindled, and minting errors were increasingly uncommon. ### Collecting and Investment Potential For collectors, the pursuit of the 1887/(6) 3CN represents an opportunity to own a piece of minting history replete with scarcity and charm. Its status as an overdate makes it a must-have for those assembling a complete set of Three-Cent Nickels or specializing in error coins. Additionally, its low availability ensures that it retains value, thereby serving as both a collector's piece and a solid investment for enthusiasts within the numismatic community.