1865 Two Cent Piece, PR66 Red
1865 2C PR66 Red NGC. CAC. Plain 5. Identified on Eric
Newman's envelope as Adams-Woodin 520 (Judd-408), the regular dies
two cent piece, but struck in pure copper. However, NGC conducted
elemental analysis that shows this piece is the normal bronze
composition and, therefore, is a regular issue 1865 two cent piece.
Historical records suggest a proof mintage of 500 pieces, although
the actual production remains unknown.
Ex: 'Colonel' Green
The combined NGC and PCGS population in all grades totals 361 submissions, only 33% greater than for 1864. If the 1864 mintage of 100 pieces is correct, then the 1865 mintage might have been 133 proofs. If the 1865 mintage of 500 pieces is correct, then the 1864 mintage should have been 333 pieces. The real figures for both years probably fall between 100 and 500 proofs.
This lovely Premium Gem retains full, brilliant orange mint color with nicely mirrored fields and pristine surfaces showing no surface marks or spots. Slight mellowing of the fiery color is evident on the high points. Census: 6 in 66 Red, 0 finer (2/13).
Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $17.50; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection.(Registry values: N2998) (NGC ID# 274U, PCGS# 3629)
Weight: 6.22 grams
Metal: 95% Copper, 5% Tin & zinc
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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