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2-Cent Piece 2c 1864-1872 MS RD

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2-Cent Piece 2c 1864-1872 MS RD

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Greysheet Catalog Details (GSID: 72349)

The 2-Cent Piece Two cents is part of a series of Two cent piece coins struck from 1864-1872. The specific variety is 1864-1872. Struck in Philadelphia and designated as a Business (MS) strike, this coin is made of 0.95 copper; 0.05 tin & zinc.
The 2 cent coin was struck by the United States Mint from 1864 through 1873 and was created to fill a need for small change during a massive Civil War-era coin shortage. The bronze 2 cent coin, designed by United States Mint Chief Engraver James B. Longacre, barely lasted a decade. Despite its relatively brief existence, it became historic for at least one reason, it was the first United States coin to bear the motto IN GOD WE TRUST, which today is seen on all United States coins.

While a popular series, the 2 cent piece is not widely collected as anything more than a type coin. However, there are series specialists who enjoy pursuing 2 cent coins. There are few big-ticket 2 cent pieces. Most in the lower circulated grades are priced at well less than $50. However, there are a couple regular-issue business-strike pieces that command three figure prices or greater. These include the scarce 1864 Small Motto that trades for about $200 and up and the 1872, which has a mintage of only 65,000 pieces and generally commands $300 or more. The 1867 doubled die is the major die variety of the series.
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: 72349
Coin Date: 2-Cent Piece
Denomination: 2c / Two cents
Designation: MS
Mint Mark: P
Mint Location: Philadelphia
Coinage Type: Two cent piece
Coinage Years: 1864-1872
Composition: 0.95 copper; 0.05 tin & zinc
Variety: 1864-1872
Strike Type: Business
Diameter: 23 mm
Weight: 6.22 gr
Designer: James B. Longacre
PCGS #: 3575
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