1864 Proof Two Cent Piece - Small Motto

Coin Details

Auction Record

$54,050 PR65BN 06-21-2017 Stack's Bowers

Description

The 1864 Proof Two Cent Piece - Small Motto is a proof cent struck at the Philadelphia Mint, part of the Two Cent Pieces 1864-1873 series. With a mintage of 30, this is an extremely rare issue — the lowest mintage among 4 mint variants, representing only less than 1% of total production. The obverse features a shield with a banner inscribed IN GOD WE TRUST — the first U.S. coin to bear this motto and the reverse displays a wreath enclosing 2 CENTS. First year of the denomination and the first U.S. coin to bear IN GOD WE TRUST. The Small Motto variety, with thinner lettering, was produced in limited quantities before the bolder Large Motto replaced it. The Small Motto is the key to the series. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $1.2K. Struck in bronze, weighing 6.22 grams, 23 mm in diameter, with a plain edge. Cataloged as PCGS #3624.