Two Cent Piece Value
1864-1873 · 2¢ · 95% copper 5% tin+zinc
Value by Grade
| Grade | Est. Value |
|---|---|
| Poor (P-1) | $15.00 |
| Good (G-4) | $28.00 |
| Fine (F-12) | $65.00 |
| Uncirculated (MS-63) | $250.00 |
| Gem (MS-65) | $750.00 |
| Perfect (MS-70) | $3,750 |
Key Dates & Rare Varieties
| Date/Variety | Why It's Special | Value Range |
|---|---|---|
| 1864 | Small Motto variety is far rarer than Large Motto | $200–$3,500 |
| 1872 | Proof-only issue with just 950 struck | $800–$2,500 |
| 1873 | Final year, proof-only with closed 3 and open 3 varieties | $800–$3,000 |
| 1867 | Lower mintage of 2.94 million, scarce in uncirculated | $40–$400 |
Coin Specifications
- Designer
- James B. Longacre
- Years
- 1864-1873
- Denomination
- 2¢
- Composition
- 95% copper 5% tin+zinc
- Diameter
- 23 mm
- Weight
- 6.22 g
Quick Value
Where to Buy/Sell
Two Cent Piece: History & Background
The Two Cent Piece holds the distinction of being the first U.S. coin to bear the motto IN GOD WE TRUST, which appeared on the obverse shield starting in 1864. Designed by James B. Longacre during the Civil War when hoarding caused severe coin shortages, its initial 1864 mintage exceeded 19 million pieces. However, demand dropped sharply as fractional currency and other small denominations returned to circulation, and by 1872 only proof specimens were struck. The series was officially discontinued in 1873 as part of the Mint Act, and it remains a popular one-type-coin target for collectors.
How to Grade a Two Cent Piece
Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →