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The Three Cent Nickel, commonly known as the 3c Nickel, holds a significant place in American numismatic history, particularly during the post-Civil War era. Introduced in 1865, this series of coins aimed to address the shortage of small denomination currency prevalent at the time. The 1867 issue is part of the early years of the series, reflecting the United States Mint's ongoing efforts to meet the demands of a changing economy.
Designed by James B. Longacre, the Chief Engraver of the United States Mint, the 3c Nickel features a distinctive Liberty head on the obverse. This Liberty head faces left and wears a coronet inscribed with the word "Liberty." Below the head is the date, 1867 for this particular coin. On the reverse, a Roman numeral III is encircled by a wreath composed of agricultural products, including corn, wheat, and cotton. Above the numeral is the inscription "United States of America," while below is the denomination "Three Cents."
The 1867 Three Cent Nickel in Extra Fine (XF) condition showcases the design and detail of the coin in a well-preserved state. Coins in XF condition typically exhibit minimal wear on the high points of the design, with most details remaining sharp and well-defined. The lettering and major features should be clear, with only slight wear visible.
During the late 19th century, coins like the 3c Nickel were circulated widely in everyday transactions, serving as a vital part of the nation's currency system. As such, they were not packaged in any special manner for distribution. Instead, these coins were handled and exchanged frequently, gradually making their way into collections over time.
The 1867 Three Cent Nickel was produced by the United States Mint, which operated mint facilities in Philadelphia, San Francisco, and Carson City at the time. The majority of these coins were struck at the Philadelphia Mint, with smaller mintages at the other two facilities. Mintages for the 1867 issue were relatively high compared to later years of the series, reflecting the continued demand for small denomination currency.
Exact mintage figures for the 1867 Three Cent Nickel vary depending on the source, but they are generally higher compared to subsequent years of production. The Philadelphia Mint, as the primary mint facility, struck the bulk of these coins, with smaller numbers minted at San Francisco and Carson City. Despite their higher mintage, examples in Extra Fine condition are less common due to circulation and wear over time.
In summary, the 1867 Three Cent Nickel in Extra Fine condition offers collectors a tangible connection to American history and numismatic heritage. As part of the early years of the series, it reflects the United States Mint's ongoing efforts to adapt to the economic challenges of the post-Civil War era. Whether as a standalone piece or as part of a larger collection, the 1867 3c Nickel remains a fascinating artifact of its time.