| Survival Estimate | |
|---|---|
| All Grades | 400 |
| 60 or Better | 150 |
| 65 or Better | 50 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-6.2 |
| 60 or Better | R-7.5 |
| 65 or Better | R-8.5 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 6 / 16 |
| 60 or Better | 7 / 16 |
| 65 or Better | 7 / 16 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 6 / 25 |
| 60 or Better | 7 / 25 |
| 65 or Better | 8 / 25 |
#1 PCGS MS69
Stack's Bowers, August 23, 2024, Lot 3033 - $180,000. |
#2 PCGS MS68+
Stack's Bowers, November 26, 2024, Lot 3006 - $84,000. |
#2 Est. MS68+
"The Bob R. Simpson Collection, Part VII," Heritage Auctions, January 16, 2022, Lot 3750 - $75,000; Dell Loy Hansen. This coin is no longer in a PCGS holder. |
#4 PCGS MS68
|
#4 PCGS MS68
|
#4 PCGS MS68
|
#4 PCGS MS68
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#4 PCGS MS68
|
In keeping with a trend established a couple of years earlier, the mintage of the 1865 Three Cent Silver dropped to a mere 8,000 circulation strikes. The survival of high-grade examples of this date is similar to that of the higher-mintage 1863, but it is harder to find comparable quality examples of the former. This drops the median grade of Mitn State 1865s to the MS63 to MS64 range, with fewer MS66 examples. At the very top of the condition ladder, the 1865 is represented by a single PCGS MS68.
Survivors included fully struck, unclashed examples and frosty, lightly clashed examples. Prooflike examples exist, which creates confusion because Mint State examples are decidely more rare than Proofs.