OVERDATE DETAIL
PCGS MS67
- PCGS #:
- 3681
- 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:
- $12,000 • MS67 • 06-20-2021 • Heritage Auctions
Rarity and Survival Estimates Learn More
| Survival Estimate | |
|---|---|
| All Grades | 3,000 |
| 60 or Better | 1,000 |
| 65 or Better | 300 |
| Numismatic Rarity | |
|---|---|
| All Grades | R-4.4 |
| 60 or Better | R-5.0 |
| 65 or Better | R-6.4 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 13 / 16 TIE |
| 60 or Better | 14 / 16 TIE |
| 65 or Better | 14 / 16 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 16 / 25 TIE |
| 60 or Better | 20 / 25 TIE |
| 65 or Better | 20 / 25 TIE |
Condition Census What Is This?
#1 MS67+ PCGS grade
Heritage 9/2003:5824, $3,450 - Bob R. Simpson Collection |
#2 MS67 PCGS grade
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#2 MS67 PCGS grade
|
#2 MS67 PCGS grade
|
| #2 MS67 PCGS grade |
| #2 MS67 PCGS grade |
| #2 MS67 PCGS grade |
| #2 MS67 PCGS grade |
| #2 MS67 PCGS grade |
| #2 MS67 PCGS grade |
The 1862/1 Three-Cent Silver is a popular variety that collectors have known about since 1963, when it was discovered by John Cobb (according to Walter Breen). The overdate itself is weak and appears mainly as a burr extending downward from the bottom of the 2 on the left side. A more noticeable diagnostic is a die break that runs through the 1 of the date, connecting the left side of the star point with the rim.
In terms of rarity, the 1862/1 Three-Cent Silver is roughly three times as scarce as the "normal" 1862, but the overdate commands only a small premium except in the highest grades. Because collectors have known about the variety for such a long time, numerous Mint State examples have been discovered. The most frequently seen Mint State grade is, surprisingly, MS-65. The finest 1862/1 Three-Cent Silvers are a dozen MS-67's certified by PCGS as of December 2011. No Proof Overdates have been seen.
Most 1862/1 Three-Cent Silvers exhibit a strong strike, and some examples show evidence of die clashing (mostly on the reverse, where lines of the shield can be seen around the bottoms of the Roman numeral III).