The 1853 3 cent coins have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: 3 Cent Coin
Year: 1853
Face Value: $0.03
Composition: 75% silver, 25% copper
Silver Weight: .0193 oz.
Total Weight: .80 grams
Current Silver Bullion Value: $0.58
The US minted the 1853 3 cent coin with no mint mark. No other series varieties were minted for this year.
| Series | Location | Quantity Minted |
|---|---|---|
| 1853 | Philadelphia | 11,400,000 |
Value
This coin in circulated condition is worth much more than its weight in silver. But just for reference, the silver melt value for this coin is $0.58. This melt value is calculated from the current silver spot price of $30.25 per ounce.
The 1853 3 cent coin is worth around $45 in good condition. In very fine condition the value is around $75. In uncirculated condition the price is around $225 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $300.
Grading System
Good- The star is worn and smooth. The legend and the date are both readable.
Very fine- The star ridges only show a small amount of wear.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
Sources:
The Red Book
See also: