1862 3CS (Regular Strike)

Series: Star Three Cent Silvers 1851-1872

PCGS MS67+

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PCGS MS67+

PCGS #:: 3680

Designer:: James Barton Longacre

Edge:: Plain

Diameter:: 14.30 millimeters

Weight:: 0.75 grams

Mintage:: 343,000

Mint:: Philadelphia

Metal:: 90% Silver, 10% Copper

Auction Record:: $30,000 • MS67+ • 05-15-2019 • Stack's Bowers

ShowHide Related Coins and Varieties (2)

Major Varieties

1862 3CS
1862/1 3CS

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Price Guide (USD)

PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	10,000	R-3.0	16 / 16	22 / 25
60 or Better	2,000	R-4.6	16 / 16	23 / 25
65 or Better	600	R-5.8	16 / 16	25 / 25

Survival Estimate
All Grades	10,000
60 or Better	2,000
65 or Better	600

Numismatic Rarity
All Grades	R-3.0
60 or Better	R-4.6
65 or Better	R-5.8

Relative Rarity By Type All Specs in this Type
All Grades	16 / 16
60 or Better	16 / 16
65 or Better	16 / 16

Relative Rarity By Series All Specs in this Series
All Grades	22 / 25
60 or Better	23 / 25
65 or Better	25 / 25

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67+ PCGS grade
2	MS67 PCGS grade	Heritage 3/2013:3132, $3,818.75
2	MS67 PCGS grade	Bob R. Simpson Collection
2	MS67 PCGS grade
2	MS67 PCGS grade
2	MS67 PCGS grade
2	MS67 PCGS grade	Heritage 1/2011:3197, $2,990
2	MS67 PCGS grade
2	MS67 PCGS grade
2	MS67 PCGS grade

#1 MS67+ PCGS grade

#2 MS67 PCGS grade

Heritage 3/2013:3132, $3,818.75

#2 MS67 PCGS grade

Bob R. Simpson Collection

#2 MS67 PCGS grade

Heritage 1/2011:3197, $2,990

#2 MS67 PCGS grade

Ron Guth:

In 1862, the mintage of the Three Cent Silver dropped another 150,000 (or so) to a grand total of 343,000 circulation strikes. This has no effect on the pricing, which mimics that of the 1861 pretty much across the board. Surprisingly, the population of the 1862 is hundreds higher than the 1861, and even higher when the 1862/1 overdate is added. In fact, the 1862 has the third highest certified population of any Three-Cent Silver date except for 1851 (the first year of issue) and 1852. Why the 1862 survives in such high numbers is unkown.

This date often comes heavulky clashmarked, with clear "ghosts" of the reverse surrounding the obverse star. Also, this date can be found with an 1862/1 overdate; this can be cherrypicked often, as the overdate is subtle and almost looks like a normal date.

The PCGS Condition Census for the 1862 Three Cent Silver consists entirely of MS67 examples.