1866 2C MS66 Red PCGS. CAC....

Click the image to load the highest resolution version.

Sold on Apr 27, 2016 for:

$14,100.00 Bid Source: Live: Phone bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

1866 Two Cent Piece, MS66 Red
Unmellowed Surfaces

1866 2C MS66 Red PCGS. CAC. This lustrous peach-gold Premium Gem Red 1866 two cent piece exhibits sharply struck motifs and is devoid of mentionable abrasions. With a loupe, the determined observer can detect the infrequent tiny carbon fleck, but none are obtrusive. An exemplary, frosty coin overall, housed in an old green-label holder.

The first two years of the two cent piece saw hefty mintages (nearly 20 million in 1864 and more than 13 million in 1865), largely resulting from the Civil War coin shortage. After the war, fewer banks called for this denomination and mintages began to dwindle. Slightly more than 3.1 million pieces were coined in 1866, and this issue is scarce in full Red condition today.
Ex: Dallas Signature (Heritage, 10/2006), lot 373; FUN Signature (Heritage, 1/2011), lot 5450; purchased from Legend Numismatics (2/2011); Eugene H. Gardner (Heritage, 5/2015), lot 98093.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 274R, PCGS# 3590, Greysheet# 2685)

Weight: 6.22 grams

Metal: 95% Copper, 5% Tin & zinc

View Certification Details from PCGS