Price Guide for 1878 Three Cents Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $264.00 – $863.00Uncirculated: $6.50 – $10,925.00
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eBayCirculated: $451.00 – $795.00Uncirculated: $388.00 – $4,987.49
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PCGS Price GuideCirculated: $800.00 – $985.00Uncirculated: $1,000.00 – $10,000.00
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3rd Party PriceUncirculated: $575.00 – $10,575.00
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eBayUncirculated: $750.00 – $2,362.50
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PCGS Price GuideUncirculated: $1,100.00 – $12,500.00
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3rd Party PriceUncirculated: $2,100.00 – $12,925.00
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PCGS Price GuideUncirculated: $4,000.00 – $17,500.00
Design and Specifications of the 1878 Three Cents
The 1878 Three Cent Nickel was part of the Three Cent Nickel series, which was produced from 1865 to 1889. This coin was introduced during the Civil War to help alleviate coin shortages and remained in production even after the war ended. 1878 marked one of the final years of regular production for this denomination, as its usefulness in commerce was declining.
| Weight | 1.94 grams |
|---|---|
| Diameter | 17.9 mm |
| Mint Marks | None (Philadelphia only) |
| Composition | 75% copper, 25% nickel |
| Obverse Design | Liberty head facing left, designed by James B. Longacre |
| Reverse Design | Roman numeral III within a floral wreath, designed by James B. Longacre |
Rarity Factors and Value Drivers
Condition is crucial for the 1878 Three Cent Nickel, as it was only produced as a proof issue. High-grade examples with strong strikes and minimal contact marks are highly sought after by collectors. The presence of cameo or deep cameo contrast can significantly increase the value and desirability of the coin.
Coins with original surfaces and attractive toning are particularly prized. Any signs of mishandling, cleaning, or environmental damage can severely impact the coin’s value.
Mintage: 2,350
Rarity Scale: Scarce
Circulation Status: Not Intended for Circulation
Preservation Rarity: Rare in grades PR65 and above with good eye appeal
Varieties Errors: None significant
Market Demand: High, especially for well-preserved specimens
Rarity and historical significance play major roles in the value of the 1878 Three Cent Nickel. As a proof-only issue with a low mintage, it is inherently scarce and desirable to collectors.
The quality of strike is particularly important for this issue. Well-struck examples with full design details and sharp rims are more valuable. Additionally, the presence of original mint luster and attractive, even toning can enhance the coin’s appeal and value.
Provenance can also be a factor, with coins from famous collections or with a documented history of ownership potentially commanding a premium.
