3 Cent Nickels (1865-1889)

Three Cent Nickels

APMEX offers a superb selection of Three Cent Nickels. One of the most unusual of America’s coins, the Three Cent Nickel played a pivotal role in changing the way people think about money. Before the release of the Three Cent Nickel in 1865, it was commonly believed that coins had to be worth as much as the precious metal content they contained. This coin challenged that notion and demonstrated that fiat coinage could effectively serve the needs of commerce.

The Three Cent Nickel was introduced to address the need for small change during the Civil War when widespread hoarding of silver coins caused severe shortages. Its nickel composition made it durable and affordable, ensuring it was an immediate hit with the public. This innovation helped pave the way for future changes in U.S. coinage.

Equally important in early American coinage history is the American Half Cent, the smallest denomination minted in the United States. Like the Three Cent Nickel, the Half Cent played a critical role in meeting the practical needs of commerce, particularly during a time when small denominations were essential for daily transactions. Both coins serve as fascinating reminders of how U.S. coinage adapted to economic challenges and reflect the innovative spirit of the nation's minting history.