Value of 1864 2 cent penny?

Answer 1

AnswerThe two-cent coin was a short-lived experiment that should have lasted far longer than it did, especially as a way to reduce the number of cents in circulation.

Without examining your coin in person it's hard to put a value on it. There were two varieties struck the first year. The small motto variety retails for $120 to $30,000 depending on condition, while the large motto variety goes for less than 10% of those prices.

If the coin is a Proof, the prices could go much higher.

Answer 2

Retail value of coins in FINE condition.

Two-Cent Pieces:

1864-1868....$6.00

1869-1879....$10.00

1872....$150.00

These are the only valuable dates that are wanted by collectors.

More:2 cent coins were made in the US from 1864 to 1873. The values of these coins ranges widely depending on the condition and year it was made. According to USA Coin Book, typically for a common circulated coin, they are worth about $20 but rare one can be worth $300. Uncirculated coins range from $80 to $1,600 a proof coin can be worth about $450 to $16,500. See the links below which shows a picture of the coin, every year it was made and other statistics including the range of values based on the coin's conditions.

Answer 3

There is no such coin. There were both pennies and 2-cent coins minted in 1864 but they're different coins. A "two cent penny" is like saying "a five cent dime".

There's more information at the Related Question linked below.

Answer 4

The value of a US 2 cent piece is, just like any other coin, highly variable. Value is a function of the coin's rarity, demand, and condition. Typical prices can range from $3.00 to the thousands of dollars. One way to get a good ballpark figure (knowing the grade, or condition) of the coin is to check various values websites from the major coin grading agencies.

Answer 5

This coin needs to be seen for an accurate assessment. 1864 was the first year of issue for this coin and 2 varieties exist. Large Motto & Small Motto types, and the values are very different. The more common type is the large motto with a starting value of $20.00 the small motto starts at $150.00 so take it to a coin dealer for a better idea of the value.

Answer 6

Tough era to evaluate. There are so many factors involved, including paper type, plate, grill marks and ink colors. You would be best off to educate yourself using a stamp catalog to learn about it. The value can be anything from a few cents to several hundred dollars. A stamp show or dealer in your area can also be a big help.

Answer 7

An Indian Head cent from 1860 retails for about $10 if well-worn, up to about $60 if almost uncirculated.

Answer 8

From $18-$17,500 according to the Red Book.

2¢ pieces were issued from 1864 to 1873. For a more specific answer, please post a new question with the coin's date.

Answer 9

As of 06/2008:

$16 in worn condition, $24 with moderate wear, $40 with only slight wear.