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2-Cent Piece 2c 1864-1873 PR BN

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2-Cent Piece 2c 1864-1873 PR BN

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Greysheet Catalog Details (GSID: 73777)

The 2-Cent Piece Two cents is part of a series of Two cent piece coins struck from 1864-1873. The specific variety is 1864-1873. Struck in Philadelphia and designated as a Proof (PR) strike, this coin is made of 0.95 copper; 0.05 tin & zinc.
Proof 2 cent pieces are popular among 19th-century type and copper enthusiasts, who also enjoy collecting business-strike 2 cent coins, which were designed James B. Longacre. Ranging in price from the mid hundreds to the many thousands of dollars, proof 2 cent coinage is considerably scarce and especially sought after in the higher grades.

A typical proof 2 cent is encountered in Brown grade from PF60 to PF64, with higher-grading pieces and Red-Brown or Red specimens coming along much less frequently. Premiums are paid for nice Red Cameo or Red-Brown Cameo proofs or any specimen with especially nice surfaces and few detractions.

The 1864 Small Motto proof is the rarest issue of all in the series, with Professional Coin Grading Service (PCGS) estimating only five in existence across all grades; even the lower-level proof examples trade in the five figures. Only proof specimens were struck in 1873, and these scarce pieces generally start in the four-figure range. All other dates saw mintages in the hundreds of greater and usually range from $300 to $1,000 for typical specimens.
Obverse: An ornate shield flanked on the left and right by leaves with arrow heads and shanks (crossed behind) appear protruding at the four corners. A ribbon above the shield bears the words IN GOD WE TRUST, making this coin design the first usage this now-ubiquitous motto. The date is positioned at the bottom center.
Reverse: A large numeral 2 with the word CENTS below (smaller) in the center is framed by a well-defined wheat wreath tied at the bottom center by a simple ribbon. UNITED STATES OF AMERICA appears around the periphery.

Catalog Details    Dealers Only

Catalog Detail

GSID: 73777
Coin Date: 2-Cent Piece
Denomination: 2c / Two cents
Designation: PR
Mint Mark: P
Mint Location: Philadelphia
Coinage Type: Two cent piece
Coinage Years: 1864-1873
Composition: 0.95 copper; 0.05 tin & zinc
Variety: 1864-1873
Strike Type: Proof
Diameter: 23 mm
Weight: 6.22 gr
Coin Shape: Round
Designer: James B. Longacre
Obverse Lettering: IN GOD WE TRUST, [Date]
Obverse Designer: James B. Longacre
Reverse Lettering: 2, CENTS, UNITED STATES OF AMERICA
Reverse Designer: James B. Longacre
PCGS #: 3618
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CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

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