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Other than numismatists,
most people do not
realize that the United States minted coins with face values of two
cents and three cents. The Two Cent coin was
produced from 1864-1873.
There are two design types of the Three Cent coin: the Silver "Trime" of 1851-1873 and the Copper-Nickel composition, minted 1865-1889.
The Coinage Act of April 22, 1864, which created the small bronze cent,
also brought about the Two Cent coin. The obverse depicted a Union
Shield, a common image during the Civil War years. The Two Cent coin
never caught on with the public, and was discontinued in 1873. The most
significant aspect of this short-lived coin is that it was the first
United States coin to bear the motto "In God We Trust". This was in
response to the religious sentiment embracing the nation during those
troubled times.
Small Motto vs. Large Motto
Determining the difference between 1864 Two Cent Small Motto
and Large Motto varieties is fairly easy. On the obverse of the
Small Motto (top image above), the D in GOD is wide, and there is a
stem touching the ribbon. The D in the Large Motto (lower image) is
taller and narrower, and there is no stem touching the ribbon.
The Small Motto variety is much scarcer than the Large Motto variety,
and is considered a key date.
In 1851, the cost to mail a letter was three
cents. Purchasing a
postage stamp always required multiple coins or receiving change back.
Mint officials sought to make it easier to purchase stamps and reduce
the demand for coinage by releasing the Three Cent coin. Composed
mostly of silver, it was a tiny coin, and earned the nickname "fish
scale" because that's what it resembled in size and appearance. "Trime"
was the name later applied to the coin, a word resulting from the
combination of "tri" (for three) and "dime" (another small silver coin).
Concerns over the smallish nature of the trime led to the larger
copper-nickel Three Cent coin in 1865. It lasted until 1889, but never
achieved the popularity that was expected of
it.
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| Three Cent Silver
Specifications |
| Diameter: |
Weight: |
Minted: |
Composition: |
Designer |
Edge: |
| 14.0 mm |
0.80 g |
1851-1854 |
.250 Cu .750 Ag |
James Longacre |
Plain |
| 14.0 mm |
0.75 g |
1854-1873 |
.100 Cu .900 Ag |
James Longacre |
Plain |
| Coin Photos courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc.,
Beverly Hills, CA |
 |
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| Three Cent Nickel
Specifications |
| Diameter: |
Weight: |
Minted: |
Composition: |
Designer |
Edge: |
| 17.9 mm |
1.94 g |
1868-1889 |
.250 Cu .250 Ni |
James Longacre |
Plain |
| Coin Photos courtesy of Ira & Larry
Goldberg Coins & Collectibles, Inc., Beverly Hills, CA |
Because these oddball denominations were never
in widespread demand by the American consumer, microscopic mintages
were produced for many dates, and all of them have exceptionally high
value. Rather than list each key date individually, we'll
indicate a date range, where applicable:
Key date Two Cent and Three Cent cent coins are
offered for sale below. The left hand side of each "Sales Box" is value
trend data over a very long period of time for a coin of that date in
Fine-12 or Proof-65 condition. The percent annual increase is computed
for comparative purposes. For date ranges, a representative sample date
was selected to typify
value trends of the group. The coin pictured for sale in the right
hand side, if any, is not necessarily
the same condition coin or the same date as that represented in the
value trend analysis on left hand side.
1864
SM
Two Cent
Condition: F-12 |
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1872
Two Cent
Condition: F-12 |
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Value Trends
1950: $17.50
1980: $80.00
1995: $95.00
2003: $125
2011: $375
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Value Trends
1950: $6.50
1980: $80.00
1995: $175
2003: $225
2011: $650
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% Annual Increase Since
1950 =
5.15%
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% Annual Increase Since
1950 =
7.84%
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1873
open 3
Two Cent
Condition: PF-65R |
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1855
Three Cent Silver
Condition: F-12 |
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Value Trends
1950: $50.00
1980: $1250
1995: $6000
2003: $6000
2011: $6000
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Value Trends
1950: $4.00
1980: $32.00
1995: $50.00
2003: $50.00
2011: $90.00
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% Annual Increase Since
1950 =
8.16%
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% Annual Increase Since
1950 =
5.24%
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1863-1873
Three Cent Silver
Condition: PF-65 |
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1877
Three Cent Nick
Condition: PF-65 |
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| 1865 Trends
1950: $20.00
1980: $1100
1995: $1500
2003: $1400
2011: $1500
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Value Trends
1950: $75.00
1980: $1750
1995: $1750
2003: $2250
2011: $5000
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% Annual Increase Since
1950 =
7.33%
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% Annual Increase Since
1950 =
7.13%
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1878
Three Cent Nick
Condition: PF-65 |
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1883-1887
Three Cent Nick
Condition: F-12 |
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Value Trends
1950: $20.00
1980: $600
1995: $650
2003: $650
2011: $1500
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1884 Trends
1950: $1.25
1980: $175
1995: $325
2003: $450
2011: $650
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% Annual Increase Since
1950 =
7.33%
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% Annual Increase Since
1950 =
10.80%
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