Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
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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Values
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1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
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