Three-Cent Silver Coins: The Trime’s Legacy from 1851 to 1873
- •Hey everyone, just read this super interesting article about the three-cent silver coins, also known as "Trimes" ( full article here ).
- •Seriously, had no idea these tiny things even existed!
- •The fact that they were created simply to buy postage stamps is wild to me.
Hey everyone, just read this super interesting article about the three-cent silver coins, also known as "Trimes" (full article here). Seriously, had no idea these tiny things even existed! The fact that they were created simply to buy postage stamps is wild to me. It really puts into perspective how much things have changed, and how specific a need can be for a new denomination. Made me think about how much we take digital payments and even basic currency availability for granted these days. Imagine needing a specific coin just for postage!
My first thought was, "Wow, what a niche collector's item these must be." I’ve always focused my precious metals investing on more straightforward bullion for its intrinsic value and liquidity, not really delving into numismatics much. My portfolio is pretty much gold and silver Eagles and Maples, nothing too exotic. But reading about the history and the rarity of these Trimes, especially those from the later dates, makes me wonder if I'm missing out on a whole other dimension of value appreciation. I mean, my dad’s got a small coin collection from his youth, and I remember him talking about how certain coins just held value for their scarcity and historical significance, not just their metal content. Could be an interesting angle for future generations, like my kids, to get into investing with a bit of history attached.
I'm curious what you all think. Has anyone here ever invested in historical coins like these? Or do you stick to the more traditional bullion approach for your precious metals? I’m always learning from this community, and I'd love to hear if any of you have experience with these kinds of unique pieces, or if you think it's too much of a speculative play compared to straight bullion. Building out my retirement portfolio, I'm always looking for smart diversification, and this definitely has me thinking outside the box.