1873 2C Open 3 PR66 Red PCGS. CAC....

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1873 Two Cent, PR66 Red
Rarer Open 3 Variety

1873 2C Open 3 PR66 Red PCGS. CAC. A lack of commercial demand is often blamed for the demise of the two cent piece, although the denomination was initially popular, according to the Mint Director's Annual Report of 1864. Coinage for circulation amounted to only 65,000 pieces in 1872, and none was accomplished thereafter. In 1873, only proof two cent pieces were struck. As with other 1873 minor coins, this issue is known with both a Closed 3 and Open 3 date. It is accepted by many numismatists that the Closed 3 proofs are original 1873 strikings, while Open 3 coins are restrikes. This is supported by the fact that all other proof minor coinage of this date is only known with the Closed 3 logotype.

The Open 3 two cent proof is significantly rarer than the Closed 3 variety in full Red condition. Moreover, PCGS has not graded a single Cameo example of the later issue. This Premium Gem Red coin displays glimmering fields and sharp devices. Copper-orange surfaces show traces of lilac and amber when studied beneath a loupe, but only a few minor specks are visible. Housed in a green label holder. Population: 6 in 66 Red, 0 finer. CAC: 2 in 66, 0 finer (6/18).
From The Red Headed Copper Collection. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 2754, PCGS# 3656, GSID# 2762)

Metal: 95% Copper, 5% Tin & zinc
Weight: 6.22 grams
Weight: 0.20843oz
Mintage: 500

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