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The 1870 Two Cent Piece is a scarcer type coin as the mintage drops again from recent previous issues, by half, to below a million for the first time. Extremely common in all grades up to the finest of gems which are just slightly scarce. The color designations show a very gradual increase in value and rarity with only the highest graded red gems being rare.
Obverse Description
An ornate shield flanked on the left and right by leaves with arrow heads and shanks (crossed behind) appear protruding at the four corners. A ribbon above the shield bears the words IN GOD WE TRUST, making this coin design the first usage this now-ubiquitous motto. The date is positioned at the bottom center.
Reverse Description
A large numeral 2 with the word CENTS below (smaller) in the center is framed by a well-defined wheat wreath tied at the bottom center by a simple ribbon. UNITED STATES OF AMERICA appears around the periphery.
Catalog Information
GSID:
392849
Designer:
James B. Longacre
Obverse Designer:
James B. Longacre
Obverse Lettering:
IN GOD WE TRUST, 1870
Reverse Designer:
James B. Longacre
Reverse Lettering:
2, CENTS, UNITED STATES OF AMERICA
Weight (gr):
6.22 gr
Weight (oz):
0.2 oz
Strike Type:
Business
Diameter:
23
Coin Shape:
Round
Edge:
Plain
Variety:
Doubled Die Obverse
Variety 2:
FS-101
Coin Date:
1870
Denomination:
2c
Designation:
MS
Mint Location:
Philadelphia
Mintage:
861,250
Coinage Type:
Two cent piece
Coinage Years:
1864-1872
Composition:
0.95 copper; 0.05 tin & zinc
PCGS #:
38287
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2-Cent Piece 2c 1864-1872 MS BN [Type]
Worth: $10 – $6,000
2-Cent Piece 2c 1864-1872 MS RB [Type]
Worth: $120 – $7,680
2-Cent Piece 2c 1864-1872 MS RD [Type]
Worth: $240 – $24,000
1864 2c Small Motto MS BN
Worth: $110 – $4,400
1864 2c Small Motto MS RB
Worth: $1,175 – $9,000
1864 2c Small Motto MS RD
Worth: $2,200 – $70,000
1864 2c Large Motto MS BN
Worth: $10 – $6,000
1864 2c Large Motto MS RB
Worth: $120 – $7,680
1864 2c Large Motto MS RD
Worth: $240 – $24,000
1865 2c MS BN
Worth: $10 – $6,000
1865 2c MS RB
Worth: $120 – $7,680
1865 2c MS RD
Worth: $240 – $24,000
1865 2c Plain 5 MS BN
Worth: $12 – $7,200
1865 2c Plain 5 MS RB
Worth: $144 – $9,216
1865 2c Plain 5 MS RD
Worth: $288 – $28,800
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