1869 Two Cent Piece - NGC AU58 - LOOKS UNC

Description: This 1869 Two Cent Piece with a Plain 5 has been graded AU58 by NGC and has an uncirculated appearance. The coin is made of copper and was struck at the Philadelphia Mint as a business strike. The denomination of the coin is 2C and it holds the KM Number 94. This highly collectible coin from the United States features beautiful details and is in excellent condition. It comes with certification from NGC and has not been modified in any way. A great addition to any coin collection, this 1869 Two Cent Piece is a must-have for serious collectors. NGC AU58 with a claim to uncirculated status! The United States 2 cent piece, also known as the 2-cent coin, was a denomination of United States coinage minted from 1864 to 1873. Here are some key points about the US 2-cent piece coinage:Introduction: The 2-cent coin was introduced during the Civil War to address the shortage of small change in circulation. At the time, there was a high demand for small denomination coins due to hoarding and the suspension of specie payments. Composition: The 2-cent coin was composed of 95% copper and 5% tin and zinc, giving it a bronze appearance. It was the first U.S. coin to bear the motto "IN GOD WE TRUST," which appeared on a ribbon above the shield on the reverse side. Design: The obverse (front) of the 2-cent coin featured a left-facing bust of Liberty wearing a coronet inscribed with the word "LIBERTY." The reverse (back) featured a large shield, with the denomination "2 CENTS" inscribed within it. The motto "IN GOD WE TRUST" appeared above the shield, and the date appeared below. Mintage: The 2-cent coin was minted in relatively small quantities compared to other denominations of the time. Mintages ranged from just over 13 million in its first year of production (1864) to under 20,000 in its final year (1873). End of Production: The production of the 2-cent coin ceased in 1873 due to declining demand and the increasing availability of other denominations. By this time, the Civil War had ended, and the need for small denomination coins had diminished. Collectibility: The 2-cent coin is popular among coin collectors due to its historical significance, relatively short mintage period, and unique design. Many collectors seek to acquire examples of the 2-cent coin in various conditions, including uncirculated and proof specimens.Overall, the United States 2-cent piece represents a fascinating chapter in the history of U.S. coinage, serving as a tangible reminder of the economic and social conditions during the Civil War era.

Price: 595 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-08-16T20:09:38.000Z

Shipping Cost: 0 USD