August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Premium Gem Proof 1866 Two-Cent Piece
1866 Two-Cent Piece. Proof-66 RD Cameo (PCGS).
This Gem Proof will be a highlight in the finest Proof type or date set. Virtually pristine, the surfaces are silky smooth and display vivid reddish-orange color and hints of intermingled deep olive hues within the mirrored fields. The interplay between satiny devices and field reflectivity readily upholds the Cameo designation from PCGS. Fully struck, expertly preserved, and sure to please even the most discerning collector. Born out of the troubled economic times of the Civil War, the two-cent piece was authorized by Congress through the Act of April 22, 1864. It was intended to help fill the void in circulating coinage left by the disappearance of gold and silver early in the conflict. The two-cent piece is also significant as the first circulating United States coin to bear the motto IN GOD WE TRUST. It is one of the shortest series in U.S. coinage history. While yearly mintages were generous at first, introduction of the nickel three-cent piece in 1865 and the nickel five-cent piece in 1866 resulted in a rapid decline in the usefulness of this denomination. Circulation strike production declined steadily through every year of the series, in fact, and a Proof-only delivery in 1873 closed out two-cent production for good. With an estimated mintage of 725+ pieces, the 1866 is among the more readily obtainable Proofs of the type, although it is a significant condition rarity when found with the exceptional technical quality and eye appeal offered here. This premium Gem qualifies as Condition Census for the date.
PCGS# 83632. NGC ID: 274V.
PCGS Population: 5; 2 finer in this category (both Proof-66+ Cameo).
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Bidding
| Price realized | 5'000 USD |
| Starting price | 1 USD |
| Estimate | 9'000 USD |
