1867 Nickel USA 3 Cents Very Good (VG-8)

1867 Nickel USA 3 Cents Very Good (VG-8)

In 1851, the three cent coin was proposed as a result of the decrease of the cost of postage from five cents to three cents, and to answer the need for a smaller denomination coin. The coin was initially composed of 75% silver and 25% copper, and known as "fishscales", but in 1865, a nickel version was introduced, and remained in production until 1889, but the silver three cent piece was discontinued by the Coinage Act of 1873.

Obverse: Head of Liberty facing left, with the date below and the country name around.
Reverse: Roman numeral III inside a wreath.

Specifications:
Engraver: James Barton Longacre
Composition: 0.750 copper, 0.250 nickel
Weight: 1.94 g
Diameter: 17.9 mm
Edge: Plain
Die Axis: ↑ ↓
Mint: Philadelphia, USA
Mintage: 3,915,000