Did you know that there was actually a 2 cent coin that was produced by the United States mint?
|*picture courtesy of Wikipedia.com|
The Two Cent piece officially ran from 1864 to 1872, but there was a copy made for collectors in 1873.
The economic turmoil of the American Civil War caused any and all government-issued coins to vanish from circulation (they were hoarded by the public) Even the Indian Head cent—which was made of bronze—was pretty much gone from circulation (The Coinage Act Of 1864 authorized the cent to switch to a bronze composition and the production of the Two Cent coin).
Even though there were other mints actively producing coins at the time, this coin was only produced at the mint based in Philadelphia. What this means is that there will not be a mint mark anywhere (which is the way this mint was marking the coins until 1980).
Two of the more famous die varieties happened in 1864. One is called the “large motto,” and the other is called the “small motto.” These two varieties deal with the motto, “In God We Trust.” The words IN, GOD, and TRUST has some small differences, while the word WE has the most differences. It all hinges on the size of it, and it is very noticeable. The WE on “large motto” is larger than the WE on the “small motto.”
|*picture courtesy of eBay.com|
The “small motto” is much scarcer than the “large motto.” The best idea is to keep an eye out for it in case you might walk across a case full of coins at a mall, or happen to be at a coin shop or show.