Rarities across the spectrum of American coinage are set to cross the auction block.
The 1870 Proof Two Cent Piece has a slightly higher mintage of 1,000 coins struck. Most of that mintage has survived. These coins are scarce as of PR66 with brown and red-brown color; while full red examples are rare as of PR65. Any cameo surfaces are great rarities in all grades. Once again, collectors should seek out either nice toners or blazing red examples.
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
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Subject: I would like to contribute catalog info to CDN for 1870 2c PR RD
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR67 |
|
$24,000 | $1,234 |
| PR67 | - | $18,000 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
Greysheet News
eBay, one of the world's largest marketplaces for unique and historic coins, today announced the expansion of Authenticity Guarantee in the U.S. to a new category: collectible coins.
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