In a world of pennies and quarters, the U.S. 2 cent coin value feels like a misfit. But this short-lived copper coin, minted between 1864 and 1873, holds a unique place in American history—and a surprising amount of value. From Civil War shortages to the first appearance of “IN GOD WE TRUST” on U.S. currency, the 2 cent coin is more than a collector’s curiosity. It’s a gateway to rare numismatic treasures.
Whether you’ve inherited an old coin jar or picked one up at a flea market, here’s everything you need to know about how much a 2 cent coin is worth today, what to look for, and how to avoid costly mistakes.
A Brief History of the U.S. 2 Cent Coin
Why It Was Created:
In the early 1860s, the U.S. faced a coin shortage caused by Civil War-era hoarding of precious metals. The government needed a coin that was both non-precious and practical, and thus the bronze 2 cent coin was born.
- First Year of Minting: 1864
- Final Year of Issue: 1873 (Proof only)
- Designer: James B. Longacre
- Metal Composition: 95% copper, 5% tin and zinc
- Diameter: 23 mm
- Weight: 6.22 grams
- Motto Milestone: First U.S. coin to feature “IN GOD WE TRUST”
The coin’s relatively large size, reddish tone, and thick lettering make it stand out visually—and historically.
What Is a 2 Cent Coin Worth Today?
Condition, date, and rarity all play a role in pricing. Here’s a snapshot of current collector values:
| Year & Type | Good (G4) | Fine (F12) | XF (EF40) | Uncirculated (MS60+) | Collector Notes |
| 1864 Small Motto | $100+ | $170+ | $400+ | $1,000–$2,500 | Rare & most sought-after variety |
| 1864 Large Motto | $15 | $25 | $60 | $150–$300 | Common in circulated grades |
| 1865 | $10 | $18 | $45 | $120+ | High mintage but collectible |
| 1866–1869 | $10–$20 | $25–$40 | $60–$120 | $150–$400 | Generally affordable unless in high grade |
| 1870–1872 | $20–$40 | $60–$90 | $150–$300 | $400–$800+ | Scarcer due to low production |
| 1873 (Proof Only) | – | – | – | $3,000–$5,000+ | Ultra-rare; only a few hundred exist |
Did you know? Over time, many 2 cent coins corroded due to their high copper content. This makes problem-free examples more valuable.
How to Spot a Valuable 1864 Small Motto Coin
The 1864 Small Motto variety is the key date in the series. Distinguishing it from the more common Large Motto version takes a sharp eye:
| Feature | Small Motto | Large Motto |
| Motto Size | Condensed, tightly spaced | Bolder, wider lettering |
| Word “WE” Position | Almost touching the ribbon | Clearly separated from ribbon |
| Motto “IN GOD WE TRUST” | Narrow spacing, compact word “TRUST” | Broad and evenly spaced |
| Rarity | Rare, especially in any grade | Common except in top conditions |
Tip: Use high-resolution magnification or a digital coin app to compare motto styles.
Valuable Errors and Varieties to Look For
Even outside of key dates, certain 2 cent pieces gain value due to minting anomalies. Here are a few worth watching:
1865 Repunched Date (RPD)
- Looks like a “double date.”
- Can sell for $100–$500+, depending on sharpness and grade.
Double Die Obverse (DDO)
- Doubling on “IN GOD WE TRUST” or stars.
- Rare and often under-recognized.
Off-Center Strike
- A portion of the coin’s design is missing due to misalignment.
- Value depends on how dramatic the strike is.
Clipped Planchet
- A curved “bite” missing from the edge of the coin.
- Even minor clips can add $50–$300.
Use Coin ID Scanner to Evaluate Your 2 Cent Coin Instantly
Grading and evaluating a coin used to require a loupe, a catalog, and lots of guesswork. Not anymore.
How to Use the Coin ID Scanner App:
- Download & Open the app.
- Tap “U.S. Coins” and select “2 Cent Coin.”
- Snap a clear photo of the obverse and reverse.
- The app will:
- Identify the coin
- Estimate market value based on condition
- Offer storage and portfolio options
Result: fast, easy, and ideal for collectors who want instant solutions.
Collector Tips: Maximize the Value of Your 2 Cent Coin
- Avoid Cleaning It: Even light cleaning can slash your coin’s value.
- Store Properly: Use acid-free holders or mylar flips. Avoid PVC-based plastics.
- Get It Graded: For rare coins (especially 1864 Small Motto or 1873 Proof), submit to PCGS or NGC for professional grading.
- Build a Set: A full set from 1864 to 1873, especially in VF+ condition, is a valuable collector goal.
Investing in 2 Cent Coins: Smart or Sentimental?
Why Collectors Love Them:
- Low mintages = limited supply
- Historically important Civil War connection
- Easy entry point for beginners
- Rare varieties can spike in value
Investment Potential:
While not as liquid as gold or silver, high-grade or rare-date 2 cent coins can appreciate significantly. A coin bought for $20 in the 1970s might sell for $300–$500+ today—especially with third-party grading.
Where to Buy or Sell
Best Places to Buy:
- Heritage Auctions
- GreatCollections
- APMEX (for graded coins)
- Coin shows & conventions
Best Places to Sell:
- eBay (with high-quality photos and accurate listings)
- Certified coin dealers
- PCGS/NGC auction partners
- Numismatic forums (if experienced)
! Avoid pawnshops or general antique stores unless you’re simply looking to liquidate fast.
FAQs
What’s the rarest 2 cent coin?
The 1873 Proof-only issue—fewer than 1,000 are believed to exist.
Can I find 2 cent coins in circulation?
No. These were withdrawn over 150 years ago. All examples today are in collections, estates, or old hoards.
How can I protect a high-value coin?
Use tamper-proof slabs from PCGS or NGC. They also boost resale value and buyer trust.
Do 2 cent coins contain any silver?
No. They are made of bronze (95% copper, 5% tin/zinc).
