The name signifies that it was the 273rd object (ordered by right ascension) of the Third Cambridge Catalog of Radio Sources (3C), published in 1959.
 After accurate positions were obtained using lunar occultation by Cyril Hazard at the Parkes Radio Telescope,
the radio source was quickly associated with an optical counterpart, an unresolved stellar object.
 In 1963, Maarten Schmidt and Bev Oke published a pair of papers in Nature reporting that 3C 273 has a substantial redshift of 0.158, placing it several billion light-years away.

Prior to the discovery of 3C 273, several other radio sources had been associated with optical counterparts, the first being 3C 48.
 Also, many active galaxies had been misidentified as variable stars, including the famous BL Lac, W Com, and AU CVn.
 However, it was not understood what these objects were, since their spectra were unlike those of any known stars.
Its spectrum did not resemble that of any normal stars with typical stellar elements.
3C 273 was the first object to be identified as a quasar—an extremely luminous object at an astronomical distance.

3C 273 is a radio-loud quasar, and was also one of the first extragalactic X-ray sources discovered in 1970.

However, even to this day, the process which gives rise to the X-ray emissions is controversial.

The luminosity is variable at nearly every wavelength from radio waves to gamma rays on timescales of a few days to decades.

Polarization with coincident orientation has been observed in radio, infrared, and optical light being emitted from the large-scale jet; these emissions are therefore almost certainly synchrotron in nature, radiation that is created by a jet of charged particles moving at relativistic speeds.

Such jets are believed to be created by the interaction of the central black hole and the accretion disk.
 VLBI radio observations of 3C 273 have revealed proper motion of some of the radio emitting regions, further suggesting the presence of relativistic jets of material.
The name signifies that it was the 273rd object (ordered by right ascension) of the Third Cambridge Catalog of Radio Sources (3C), published in 1959.  After accurate positions were obtained using lunar occultation by Cyril Hazard at the Parkes Radio Telescope,
the radio source was quickly associated with an optical counterpart, an unresolved stellar object.  In 1963, Maarten Schmidt and Bev Oke published a pair of papers in Nature reporting that 3C 273 has a substantial redshift of 0.158, placing it several billion light-years away.
Prior to the discovery of 3C 273, several other radio sources had been associated with optical counterparts, the first being 3C 48.  Also, many active galaxies had been misidentified as variable stars, including the famous BL Lac, W Com, and AU CVn.  However, it was not understood what these objects were, since their spectra were unlike those of any known stars. Its spectrum did not resemble that of any normal stars with typical stellar elements. 3C 273 was the first object to be identified as a quasar—an extremely luminous object at an astronomical distance.
3C 273 is a radio-loud quasar, and was also one of the first extragalactic X-ray sources discovered in 1970.
However, even to this day, the process which gives rise to the X-ray emissions is controversial.
The luminosity is variable at nearly every wavelength from radio waves to gamma rays on timescales of a few days to decades.
Polarization with coincident orientation has been observed in radio, infrared, and optical light being emitted from the large-scale jet; these emissions are therefore almost certainly synchrotron in nature, radiation that is created by a jet of charged particles moving at relativistic speeds.
Such jets are believed to be created by the interaction of the central black hole and the accretion disk.  VLBI radio observations of 3C 273 have revealed proper motion of some of the radio emitting regions, further suggesting the presence of relativistic jets of material.
3C 273