I have an 1862 penny. Going up the shoulder there are incuse letters. The first looks like "W" (or M); the second is a C; the third is hard to make out.
I have tried in vain to find a readable example of the aforementioned penny, and I don't have the photographic tools to present a good enough image of my coin.
Does anyone know of a good example of this coin? Can my description be of a common feature that I don't understand?