The value of an 1867 2 cent coin depends on several factors, primarily its condition (grade) and whether it’s a regular strike or a doubled die obverse variety.
Here’s a breakdown of the value range for different grades and varieties, according to various sources:
- Good: $20
- Fine: $30
- Extremely Fine: $50
- Uncirculated: $80
- MS BN (Mint State Brown): $15.00 – $1,350
- MS RB (Mint State Red and Brown): $275 – $3,250
- MS RD (Mint State Red): $725 – $15,000
- VF (Very Fine): $2,500
- EF (Extremely Fine): $6,000
- MS-60: $10,000+
- MS-65: $20,000+
- MS BN (Mint State Brown): $100.00 – $13,500
- MS RB (Mint State Red and Brown): $5,500 – $20,000
- MS RD (Mint State Red): $12,000 – $21,500
- Doubled Die Obverse: The 1867 Doubled Die Obverse (DDO) is a significant variety where the motto “IN GOD WE TRUST” and sometimes the arrows appear doubled due to a mint error. This variety is much rarer and more valuable, especially in higher grades and with better color preservation.
- Coloration: The value of uncirculated and mint state coins can be significantly influenced by their coloration, with Red (RD) being the most desirable, followed by Red and Brown (RB), and then Brown (BN).
- Professional Grading: For accurate valuation, especially for higher-grade or DDO examples, it is highly recommended to have your coin professionally graded by a reputable service like PCGS or NGC.
- Market Trends: Prices are subject to change based on market demand and trends, [notes Coin ID Scanner].
The 1867 2 cent coin, particularly the Doubled Die Obverse, is a sought-after piece due to its historical significance as one of the first U.S. coins featuring the motto “IN GOD WE TRUST” and its relatively limited mintage compared to other dates in the series. If you have an 1867 2 cent coin, especially if it appears to be in good condition or exhibits doubling in the motto, it would be wise to consult with a professional numismatist for a proper evaluation.
Are 2 cent coins rare?
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.
How rare is a two cent coin?
The Small Motto coins are scarce in all grades and are great rarities in Proof. Great things were expected for the two-cent denomination, and in the first year, 1864, nearly 20 million pieces were coined. Enthusiasm and public acceptance waned, and in 1865 the mintage dropped sharply to just below 14 million pieces.
Which two cent coins are valuable?
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.