The value of an 1864 two-cent coin depends on its condition and whether it’s a “Small Motto” or “Large Motto” variety.
- Small Motto: Features smaller lettering in the “IN GOD WE TRUST” motto on the obverse. These are rarer and generally more valuable.
- Large Motto: Features larger, bolder lettering in the motto. These are more common.
| Condition | Small Motto Range | Large Motto Range | Source |
|—|—|—|—|
| Good | $225 | $15 | |
| Fine | $400 | $25 | |
| Extremely Fine | $850 | $50 | |
| Uncirculated | $1,000 | $80 | |
| Mint State (MS) – Brown | $145 – $5,500 | $13.50 – $7,500 | |
| Mint State (MS) – Red-Brown | $1,450 – $11,500 | $155 – $9,500 | |
| Mint State (MS) – Red | $2,750 – $84,000 | $310 – $29,000 | |
It’s important to note that these are estimates, and the actual value may vary depending on the specific characteristics of your coin and the current market conditions.
- Condition/Grade: The state of preservation, as determined by professional grading services like [NGC] and [PCGS] , significantly impacts value.
- Motto Variety: Small Motto coins are inherently more valuable than Large Motto coins.
- Strike: The sharpness of the coin’s details can affect its grade and value.
- Color: The amount of original red coloration remaining on the coin’s surface can also influence its value, particularly for higher grades.
To get an accurate valuation of your 1864 two-cent coin, it’s recommended to:
- Carefully examine your coin to determine whether it has a Small or Large Motto. You can compare your coin to images of both varieties online or in coin collecting guides.
- Assess the condition of your coin as best as you can based on descriptions of coin grades (e.g., Good, Fine, Extremely Fine, Uncirculated).
- Consult a professional numismatist or coin dealer for a more precise valuation, especially if you believe your coin is in good condition or is a Small Motto variety.
Is a 2-cent coin rare?
Good point! From a practical standpoint, the two-cent piece was one of the least successful coins in U.S. history: The United States Mint produced it for only ten years, and each year the mintage declined, reflecting steadily falling public interest in the coin.
What is the difference between 1864 2-cent large and small motto?
Great question! There are two key differences: The “We” in “God We Trust” is further from the rim of the ribbon than the large date “We.” But more importantly, the small motto has a stem on the leaf.
What is a 2-cent penny worth today?
I can help with that. Two Cent Piece Value
On average, Two Cent Pieces are a fairly valuable collector item. They generally range from $20-500, depending on their condition.