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Lot
5525

1872 2C MS65+ Red and Brown PCGS. CAC....

2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188

 
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Auction Ended On: Aug 9, 2013
Item Activity: 4 Internet/mail/phone bidders
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Location: Hyatt Rosemont
6350 N. River Road
Rosemont, IL
60018
Description:
1872 Two Cent Piece, MS65+ Red and Brown
Final Year of Circulation Strikes
1872 2C MS65+ Red and Brown PCGS. CAC. The bronze two cent piece was created to address the need for small coinage
during the Civil War, but the denomination had no place in the postwar era, and
dwindling mintages reinforced the fact. By 1872, the last year of business
strikes before the two cent coin was retired, just 65,000 pieces were struck, and most have been lost. By contrast, this example is not only a Gem, but it has considerable reddish-orange luster to go along with the violet-brown dotting the obverse and occupying the central reverse. A warmly lustrous and amply appealing coin with minimal carbon. Population: 10 in 65 (1 in 65+) Red and Brown, 0 finer (6/13).
(Registry values: N2998) (NGC ID# 22NG, PCGS# 3613)

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