Coin Type Specifications
Region: US
Denomination: 2C
Diameter: 23 (mm)
Coin Metal Composition:
Copper [95%] 5.909 (g)
Zinc [2.5%] 0.1555 (g)
Tin [2.5%] 0.1555 (g)
Total Mass: 6.22 (g)

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Type
1864–1873 Two-cent piece
Coin Type Name

US - 1864–1873 Two-cent piece

Obscure Finds Coin Collection > US > Two Cent

This section of Obscure Finds Numismatic Collection is made up of coins from the US region and specializes in 1864–1873 Two-cent piece coins from coin category Two Cent . If you are looking for coin facts, numismatic data or simple melt value composition of the US - 1864–1873 Two-cent piece coin, you can find it here at Obscure Finds.

Looking for coin prices and suggested retail values based on a coins grade?
recommends PCGS or NGC for the most accurate coin prices and values of coins from the United States Of America (US).

Coin Type Coins
1864–1873 Two-cent piece Coin Composition
Composition Totals From 1 Coins
Copper : 5.909 Grams
Zinc : 0.1555 Grams
Tin : 0.1555 Grams
Total Mass : 6.22 Grams

Metal USD/Pound USD/Troy Ounce USD/Gram Grams/Coin USD/Coin
Copper $2.090 $0.143 $0.005 5.909 g $0.027
Zinc $1.038 $0.071 $0.002 0.1555 g $0.000
Tin $6.971 $0.478 $0.015 0.1555 g $0.002
Precious and Base Metal Melt Value For Each Coin: $0.029
Combined Precious and Base Metal Melt Value For 1 Coins: $0.029
- Metal prices updated on 08-25-2016
1 Example Coins Found...

YEAR IMG COIN NAME COIN GRADE



Coin Type Description
This information is compiled/referenced data from around the web. Linked references within.
COIN TYPE DESCRIPTION
Years Minted: 1864–1873
Mint Marks: NONE (P)
Denomination: 2C
Obverse Design: Shield, IN GOD WE TRUST on banner, date below.
Obverse Designer: James Barton Longacre
Reverse Design: Wheat wreath, UNITED STATES OF AMERICA legend, 2 CENTS in center.
Reverse Designer: James Barton Longacre
Two-cent piece (United States)

The two-cent piece was produced by the Mint of the United States for circulation from 1864 to 1872 and for collectors in 1873. Designed by James B. Longacre, there were decreasing mintages each year, as other minor coins such as the nickel proved more popular. It was abolished by the Mint Act of 1873.

The economic turmoil of the American Civil War caused government-issued coins, even the non-silver Indian Head cent, to vanish from circulation, hoarded by the public. One means of filling this gap was private token issues, often made of bronze. The cent at that time was struck of a copper-nickel alloy, the same diameter as the later Lincoln cent, but somewhat thicker. The piece was difficult for the Philadelphia Mint to strike, and Mint officials, as well as the annual Assay Commission, recommended the coin's replacement. Despite opposition from those wishing to keep the metal nickel in the coinage, led by Pennsylvania Congressman Thaddeus Stevens, Congress passed the Coinage Act of 1864, authorizing bronze cents and two-cent pieces.

Although initially popular in the absence of other federal coinage, the two-cent piece's place in circulation was usurped by other non-precious metal coins which Congress subsequently authorized, the three-cent piece and the nickel. It was abolished in 1873; large quantities were redeemed by the government and melted. Nevertheless, two-cent pieces remain inexpensive by the standards of 19th-century American coinage.

Mintage figures
All two-cent pieces were minted at the Philadelphia Mint, and bore no mint mark. Proof mintages are estimated.

Year Proofs Circulation strikes
1864 100 19,822,500
1865 500 13,640,000
1866 725 3,177,000
1867 625 2,938,750
1868 600 2,803,750
1869 600 1,546,500
1870 1,000 861,250
1871 960 721,250
1872 950 65,000
1873 Closed "3" 500
1873 Open "3" 600



Small / Large Motto 1864 2 Cent

Your 1864 2 cent coin value changes dramatically depending on the size of the Motto. The Small Motto is the more rarer of the two varieties, minimum value $144 in good condition. Its popularity to collectors has stood the test of time.

The distinction between the Small Motto and Large Motto at first is hard to detect.

Starting with the Small Motto image. A few features to notice are, the lettering is not very bold. Spacing between letters is a little wide. Evident in the "WE" of the motto. The "T" in TRUST is very close to the fold in the ribbon.

The Large Motto lettering is more bold compared to the somewhat frail Small Motto lettering. The spacing is tighter, "WE" fills more of the ribbon. The "T" in TRUST is noticeably distant of the fold in the ribbon.

With the 1864 2 cent coin value ranging from $10 into the hundreds and all depending on the size of the motto. Put your coins under the magnifying glass. Don't let these slip by you.

To quickly understand some of the differences that gives the 2 cent coin value, as well as all coins, visit rare coin dealer sites. Look for and compare coins similar to yours. Their descriptions are quite telling.

REF
REF Motto
Word Count: 493 -
If you would to like contact/report an error click HERE and use REF:T54
Metal prices on this page were last updated on 08-25-2016
Base Metals: xmlcharts - Precious Metals: packetizer


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