3 kopecks in 1924: description, history, cost

Coins with a nominal value of 3 kopecks in 1924 issue today are actively collected by collectors. The price for them is steadily growing, and in the market of old coins they are considered a good investment. Single specimens already now become a collector's rarity, for which collectors organize this hunt.

From Altyn to Three Kopecks

In 1924, the regular issue of Soviet coins began. Since 3 kopecks, despite the small significance, still had weight when making purchases, they were actively put into circulation, retaining the old denomination. It was first introduced in 1839 by decree of Nikolai the First. The nominal value of 3 kopecks from the old altyn was calculated, which was equal to three "Novgorod" ones.

3 kopecks in 1924 became a successful bargaining chip, which existed until the collapse of the Soviet Union.

Material and dimensions

Coin 3 kopecks in 1924 was produced exclusively from copper. It weighed 9.8 grams, and in diameter it was equal to 27.7 millimeters. A heavy and very impressive size metal disc was inconvenient to handle from a practical point of view. Within two years, both the weight and the size of the coin have significantly decreased.

These parameters serve as one of the indicators of the authenticity of the coin. A characteristic reddish hue of 3 cents in 1924 with a yellow-brown earthy patina is also one of the signs of their originality. In the year of their release, only searches for optimal alloys for coinage were made, and early Soviet coins with a face value of 3 and 5 cents were made of red copper. However, this material proved to be unprofitable, and was quickly abandoned.

Already in the following year, red copper in coins of petty dignity was replaced by an alloy of aluminum bronze. Coins of large denomination continued to be minted from silver. However, the saving of state resources forced to refuse from this and to replace the precious metal with cheaper and more economical nickel.

Features of registration of a coin of 3 copecks 1924

1924 was marked by the release of the first copper coins of the Soviet Union. Like other denominations of that time, the obverse of "treshki" adorns the arms of the new state. The central part is filled with the image of the globe with a crossed sickle and hammer. Wheat ears, bandaged with a ribbon, bend it from both sides. The tape wraps each bundle three times and bandages it in the middle. Rays rising from a bunch of sunlight illuminate the globe. Above him is a star between the converging ends of the ears.

In the lower part, under the wreath of ears, the abbreviation "USSR" in large letters through the dot. The coat of arms is surrounded by a thin rim. Between him and the edge of the coin in a large, well-readable font, it was minted: "Workers of all countries, unite!"

The nominal value of the coin on the reverse is indicated by the number "3". It occupies almost half the diameter of the disk and is framed by two spikelets interlaced from below. Their stems form a circular rim of the reverse. Under the figure is located in two rows of the inscription "pennies 1924" smaller rounded symbols. Under the date is a decorative point.

In general, 3 kopecks in 1924 are not distinguished by the original design. Nevertheless, in it there are nuances that significantly affect its price. Most of the first three-kopecks were issued with a smooth coat. However, a small circulation was produced with a scarred rib. Today this option is considered a numismatic rarity and noticeably surpasses the rest of the copies. The exact circulation of these coins, as well as coins with a smooth coat, remains unknown.

Cost and forecasts

How much are 3 kopeks in 1924? Currently, their price has been steadily increasing. The cost of an ordinary coin starts from 500 rubles. The price of a rare specimen with a ribbed coat on average is 38-40 thousand rubles.

The final price is affected by a number of factors, such as condition, cleaning and other interventions, demand. First of all, the cost is determined by the degree of disc wear. In total, the numismatic scale of the state assessment includes seven gradations:

• Excellent (Uncirculated, UNC).
• Almost excellent (About Uncirculated, AU).
• Excellent (Extremely Fine, XF).
• Very good (Very Fine, VF).
• Good (Fine, F).
• Satisfactory (Very Good, VG).
• Weak (Good, G).

In the market of old coins there are no copies of 3 cents in 1924 in the category "Excellent". These include coins that were not in circulation, that is, in an ideal state, and there are none among them. Usually the safety of the samples offered ranges from "Almost excellent" to "Good". Instances in the state of "Satisfactory" and "Weak" do not represent a numismatic value, so serious dealers and auction houses do not accept such samples for sale.