Lot Number:6
Start Time:4/30/2024 4:00:00 AM
End Time:5/19/2024 10:03:30 PM
Bid Count:7
Winning Bidder:r****t
Starting Bid:$1.00
Bid Increment:$1.50
Current Bid:$21.00
Bidding complete

The two-cent piece was a short-lived coin minted by the United States Mint for circulation from 1864 to 1872 and for collectors in 1873. Here's a summary of its key features:

  • Value: 2 cents (US $0.02)
  • Composition: 95% copper, 5% tin and zinc
  • Weight: 6.22 grams
  • Diameter: 23.00 millimeters
  • Edge: Plain


  • Obverse (front): Featured a variant of the Great Seal of the United States designed by James B. Longacre.
  • Reverse (back): Displayed a denomination numeral "2" within a wreath, along with the year of minting.

Reasons for Short Minting Run:

  • The two-cent piece wasn't very popular due to several factors:
    • Public confusion about its value compared to the similar-sized one-cent piece.
    • Inconvenience of carrying large quantities of the relatively low-value coins for small purchases.
    • The five-cent nickel, introduced in 1866, provided a more convenient alternative for small transactions.

Varieties and Collecting:

  • While not initially popular, the two-cent piece has gained interest among collectors due to its limited mintage and design variations.
  • There are differences in lettering size and design elements depending on the year and mint location (all were minted in Philadelphia).
  • The 1872 issue, with the lowest mintage, is especially sought after.

Value Today:

  • The value of a two-cent piece depends on its condition (grade), year of issue, and rarity.
  • Common circulated examples can be found for a few dollars, while uncirculated specimens or rare varieties can bring hundreds of dollars.
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