The value of an 1866 2 cent coin can range significantly depending on its condition (grade) and other factors like color and potential errors.
Here’s a breakdown of the estimated values based on different grades, as found in some sources:
- Good: Around $19.
- Fine: Around $27.
- Extremely Fine: Around $50.
- Uncirculated: Around $80.
However, other sources, like Greysheet and PCGS, indicate a much broader range for uncirculated coins based on specific designations like “MS BN” (Mint State, Brown), “MS RB” (Mint State, Red-Brown), and “MS RD” (Mint State, Red), and some notable varieties:
- 1866 2c MS BN: Values ranging from $15 to $2,500.
- 1866 2c Doubled Die Reverse, FS-801 MS BN: Values from $16.50 to $2,750.
- 1866 2c MS RB: Values from $295 to $3,200.
- 1866 2c MS RD: Values from $575 to $10,500.
- Grade (condition): The most significant factor. Coins in better condition (higher grades like uncirculated) are considerably more valuable.
- Color: Coins are categorized as “brown”, “red-brown”, or “red”, with “red” coins being the most desirable and thus more valuable.
- Die Varieties/Errors: Coins with known die varieties or errors, such as the 1866 doubled die reverse, can command higher premiums.
Note: It’s important to understand that these are estimated values, and the actual price a coin might fetch can vary based on market demand, the specific venue of sale (auction vs. private sale), and the buyer’s interest.
For accurate valuation, it’s recommended to have your coin professionally graded by a reputable service like PCGS or NGC.
Which two cent coins are valuable?
Good point! Rare Australian 2 cent coins
While two-cent coins were minted from 1966 to 1991, the 1981 “NO SD” edition stands out as an exceptional Australian rare coin.