1872 2C MS65 Red PCGS....

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Sold on Jan 6, 2011 for:

$25,300.00 Bid Source: Live: Floor bidder

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Enchanting MS65 Red 1872 Two Cent

1872 2C MS65 Red PCGS. The 1872 two cent piece was the last gasp of circulating coinage for the variety, as the final-year 1873-dated pieces, both varieties, come in proof-only format. Much like the low-mintage three dollar gold pieces of a decade or so later, the 1872's tiny emission of 65,000 coins was the death knell for the denomination, a fate sealed in the following year by the sweeping "Crime of '73."
But unlike the three dollar gold pieces of the 1880s, the 1872 two cent pieces mostly circulated, and today examples are in demand in all grades and expensive from Good 4 on up. In MS65 Red this piece is one of only five so certified at PCGS, with three finer (11/10). This specimen, which offers a solid strike and gorgeous sunrise-gold color, would make a splendid type coin or addition to a date set.
From The John H. Twist Collection.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 22NG, PCGS# 3614, Greysheet# 2706)

Weight: 6.22 grams

Metal: 95% Copper, 5% Tin & zinc

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