CMCC's Blog

23 Feb 2015

The Three Old Proof Years

Coins-United States | CMCC

The Three Old Proof Years: 1873, 1877, and 1878:

I find these years interesting. Two-Cent pieces ended their short production with 600 proofs in 1873, and the silver three-cent pieces did likewise. Nickel Three-Cent pieces minted business strikes in 1873, but only proofs in 1877 and 1878, and nickels did likewise. I have pondered over these strange coins, but unsuccessfully. Can anybody explain these three strange years?



Level 4

There is a book. The authoritative reference on two cent coins by kevin Flynn met help you.

Mr. Wheatie

Level 5

I can't really tell you much about the proof years, but the 2 cent coinage was a government effort to keep money available to the public to use since silver coinage was horded ( eventually so was copper coinage). The 2 cent piece never gained much popularity and was eventually done away with The 3 cent silver was actually supposed to be a coin of convenience. Postage stamps went from 4 cents to 2 cents so a person was able to pay with a single coin. An interesting side note would be that they were only legal tender in amounts of no more than ten. Isn't that odd? Most people did not like the coin very well due to its small size (they were very easy to lose), and once again was done away with. Now this is a little off subject but the $3.00 gold piece was minted during the same time for the very same reason! The $3.00 pieces were minted so a person could easily purchase a whole sheet of 100 stamps and not have to worry about change. And the nickel 3 cent piece like the others was not liked by the public very well and once again had a relatively short lifespan.


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