The subject of this examination is a small, silver coin produced by the United States Mint in 1852. This particular denomination, valued at three cents, represents an interesting period in American coinage history. An example of its usage might be facilitating small transactions, particularly related to postal services given the rate of postage at the time.
This specific issue reflects a need for a low-value coin during a time of fluctuating economic conditions and the proliferation of foreign coinage in circulation. Its production offered a convenient medium of exchange and simplified transactions for both merchants and the general public. Moreover, surviving examples provide valuable insight into the minting practices and economic landscape of mid-19th century America.