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Your Opinions Please On This 1856 Type 2 Silver Trime.

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Pillar of the Community
United States
877 Posts
 Posted 11/10/2023  9:12 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply

Quote:
Not only was their no trimes in 1953, this is an 1856.

I believe you are mistaken. According to myresearch, Three Cent Silver Trimes were first struck in 1851. Variety I. Variety II was struck 1854-1858. Variety III was struck 1859-1873. Most of which were recalled and melted.
A very misunderstood tiny coin. Minted for postage stamps primarily. US Mints smallest coin to date.
Pillar of the Community
United States
877 Posts
 Posted 11/11/2023  5:28 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply

Quote:
Not only was their no trimes in 1953, this is an 1856.

Numis.. FTW,there certainly were Trimes in 1853. The first year they were struck was 1851. The moderators kindly corrected my title,so hopefully this won't be an issue any longer
Type 1 Trimes were struck from 1851-1853. Type 2 was struck 1854-1858. Type 3 was struck 1859-1873. 1873 was the lowest mintage of only 1,000, proof only.
Mintage numbers dropped considerably beginning in 1863,at the peak of The War Between the States. To finance the conflict, the U.S. Mint began melting the silver Trimes from 1863 onward. As a result of the low mintage for these years, and the fact that MANY were melted, the value increases significantly.
Additionally, Type 1 years were 75% silver, 25% copper. 14mm dia. Type 2 & 3 were 90% silver, 10% copper, 14mm.
Also,all were struck in Philly. Except on the first year of issue. 5,447,400 were struck in Philly. 720,000 were struck in New Orleans.
I will take any of them under $50 if I can see the date.
Did you also know that this is the smallest silver coin ever produced by the US Mint?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/11/2023  6:41 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
What does any of this have to to with the original question?
Pillar of the Community
United States
2282 Posts
 Posted 11/11/2023  6:51 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
You originally said 1953 instead of 1853, which is wrong also considering this is an 1856.

Obviously I was joking about your typo, no need for anyone to get so serious.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
Edited by NumismaticsFTW
11/11/2023 6:55 pm
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panzaldi's Avatar
United States
18689 Posts
 Posted 11/12/2023  12:38 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
obverse is in pretty bad shape. I'm still at AU details. value wise I'm hoping you didn't shell out a whole lot for it. what was your purpose in getting this? fill a hole? resell it? or just have one?
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Brandmeister's Avatar
United States
6554 Posts
 Posted 11/12/2023  1:59 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply

Quote:
I will take any of them under $50 if I can see the date.

I'd like to hear that point elaborated. What is "see the date"? Like if the top edge of the date is visible, and you can determine the numbers, is that seeing the date? Is a silver trime in very low grades still worth $50?
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United States
877 Posts
 Posted 11/12/2023  4:29 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply

Quote:
I'd like to hear that point elaborated. What is "see the date"? Like if the top edge of the date is visible, and you can determine the numbers, is that seeing the date? Is a silver trime in very low grades still worth $50?
.

Your-Opinions-Please-On-This-1856-Type-2--Silver-Trime.
Your-Opinions-Please-On-This-1856-Type-2--Silver-Trime.
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IndianGoldEagle's Avatar
United States
36841 Posts
 Posted 11/12/2023  5:14 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU details, cleaned.
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Brandmeister's Avatar
United States
6554 Posts
 Posted 11/12/2023  5:29 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
Dowhat, I understand the low grade prices on PCGS to be a linear extrapolation down to 0. The list prices rarely match the auction results below a certain grade. I have checked Great Collections auction results, too, and they will show far below the PCGS prices for low grade coins.

If you personally buy low grade examples of trimes below $50, then I guess there is indeed a price floor. =)
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