1864 2C Large Motto, RB MS(PCGS#3577)

June 2023 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3022

等级

MS66+RB

价格

22,034

详细说明

1864 Two-Cent Piece. Large Motto. MS-66+ RB (PCGS). CAC. Glowing rose-orange mint color mingles with gently mottled toning in warm steel-brown. The texture is smooth and frosty, and the technical quality is equally strong in the areas of strike and preservation. The two-cent piece made its debut in 1864 at a time when gold and silver coinage had long since been absent from circulation in the Eastern and Midwestern states due to the economic turmoil and uncertainty brought about by the Civil War. Struck in bronze, the new denomination was not subject to hoarding and, as such, initially proved popular in commercial channels. Mintages were correspondingly high in 1864 and 1865, but with the end of the Civil War in the latter year, production fell off rapidly through the series' end in 1873. The 1864 is the most plentiful date in this series, and as a first year issue it is understandably popular for type purposes. Most survivors of the year's Proof and circulation strike deliveries are examples of the Large Motto hub variety, which replaced its short-lived Small Motto predecessor that the Mint used to strike the first few Proofs and a limited number of circulation strikes (Walter Breen, 1988, says only "a few thousand"). Although plentiful in an absolute sense, the 1864 Large Motto is rare in the finest Mint State grades, as here. Indeed, this lovely premium Gem comes highly recommended for inclusion in an advanced cabinet. PCGS Population: 5; 0 finer in this category. PCGS# 3577. NGC ID: 22N9. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.