Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
LOEWENBAUM G WALTER II
   2. Issuer Name and Ticker or Trading Symbol
3D SYSTEMS CORP [TDSC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O 3D SYSTEMS CORP, 26081 AVENUE HALL		 3. Date of Earliest Transaction (Month/Day/Year)
12/30/2004
(Street)

VALENCIA, CA 91355		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/30/2004   C   25,000 A $ 12 510,066 D  
Common Stock 12/30/2004   C   58,332 A $ 12 356,138 I See Footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
7% Subordinated Convertible Debentures $ 12 12/30/2004   C     $ 300,000 12/19/2001 12/31/2006 Common Stock 25,000 $ 12 0 D  
7% Subordinated Convertible Debentures $ 12 12/30/2004   C     $ 700,000 12/19/2001 12/31/2006 Common Stock 58,332 $ 12 0 I See footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LOEWENBAUM G WALTER II
C/O 3D SYSTEMS CORP
26081 AVENUE HALL
VALENCIA, CA 91355		   X      

Signatures

 /s/ Robert M. Grace, Jr., Attorney-in-fact   12/30/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes (a) 45,371 shares held in the name of Lillian Shaw Loewenbaum, the Reporting Person's wife, (b) 6,181 shares held in the name of The Lillian Shaw Loewenbaum Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees, (c) 62,719 shares held in the name of The Loewenbaum 1992 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees, (d) 151,900 shares held in the name of G. Walter Loewenbaum CGM Profit Sharing Custodian, G. the Reporting Person's pension plan, (e) 39,510 shares held in the name of the Anna Willis Loewenbaum 1993 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees, (f) 39,510 shares held in the name of the Elizabeth Scott Loewenbaum 1993 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustes, (g) 10,947 shares held in the name of Wally's Trust u/w/o Joel Simon Loewenbaum for which the Reporting Person serves as trustee. See DISCLAIMER in footnote 2.
(2) Prior to the converson, (a) $60,000 was held in the name of The Lillian Shaw Loewenbaum Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees, (b) $90,000 was held in the name of The Loewenbaum 1992 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees, (c) $275,000 was held in the name of the Anna Willis Loewenbaum 1993 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees and (d) $275,000 was held in the name of the Elizabeth Scott Loewenbaum 1993 Trust for which the Reporting Person and Mrs. Loewenbaum serve as trustees. DISCLAIMER: The Reporting Person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.