The 1872 two cent coins have value as numismatic coins. Keep reading to learn more about these two cent pieces.
Specifications
Type: 2 Cent Coin
Year: 1872
Face Value: $0.02
Composition: 95% copper, 5% tin and zinc
Total Weight: 6.22 grams
There is no mint mark on this coin. Each coin was minted in Philadelphia.
| Series | Location | Quantity Minted |
|---|---|---|
| 1872 | Philadelphia | 65,000 |
| 1872 Proof | Philadelphia | 950+ |
Value
The 1872 2 cent coin is worth around $50 in good condition. In very fine condition the value is around $100. In extremely fine condition the value is around $155. In uncirculated condition the price is around $275 for coins with an MS 60 grade. Uncirculated coins with a grade of MS-63BN can sell for around $325.
The 1872 proof 2 cent coin is worth around $500 in PR-63BN condition.
Doubled Die Error Coins
There is a notable error variety to look for. On the obverse side of the coin the design elements are minted twice onto the coin.
The 1872 2 cent coin doubled die error coin is valuable. There isn't much sales data in the lower condition grades, but in uncirculated condition the price is around $3,250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,750.
Grading System
Good- At least part of the "IN GOD" section of the motto is visible.
Very fine- The word "WE" in the motto is clear but not strong.
Extremely fine- The word "WE" in the motto is bold.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS-63BN choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is brown.
PR-63BN proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws. The color is brown.
Sources:
The Red Book
See also: