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

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Sold on Dec 15, 2022 for:

$8,100.00 Bid Source: Live: Floor bidder

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1872 Two Cent, MS65+ Red and Brown
Final Year of Circulation Strikes, CAC

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. In 1872, 65,000 circulation strikes were issued before the two cent coin was retired, most of which are now lost to attrition or other factors. This example is not only a well-preserved Gem, but it has considerable reddish-orange luster to accompany the violet-brown toning that dots the obverse and occupies the central reverse. This is a warmly lustrous and amply appealing coin with minimal carbon. Few are known any finer. Population: 21 in 65 (3 in 65+) Red and Brown, 4 finer. CAC: 17 in 65, 1 finer (11/22).
Ex: Chicago Signature (Heritage, 8/2013), lot 5525; Central States Signature (Heritage, 4/2020), lot 3179, where it sold for $6,600.
From The James E. Blake Collection. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 5NAW, PCGS# 3613, Greysheet# 2705)

Weight: 6.22 grams

Metal: 95% Copper, 5% Tin & zinc

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