Coin of the Day
1863 J-312 Copper Pattern Two-Cent Piece
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1863 J-312 Copper Pattern Two-Cent Piece
The adoption of a circulating two-cent piece makes
sense only when viewed in the context of the
times. During the Civil War, all coins were
hoarded for their intrinsic or metal value, their
place being taken by fractional paper notes.
Clearly, what was needed was a coin whose
intrinsic value was significantly below its face
value. The debasement of silver and gold coins was
abhorrent to many in Congress, but the lowly cent
was not so sacred. In 1864, the composition of the
cent was changed from costly copper-nickel to
inexpensive bronze, permitting it to circulate
freely. To speed this transition and ease the
shortage of small change, a two-cent piece of the
same alloy was introduced simultaneously.
A prototype for the coin which entered circulation
in 1864, this two-cent pattern is dated 1863. It
bears an obverse with the rejected motto GOD OUR
TRUST mated to a reverse which is similar to the
adopted type yet features a pronounced curvature
to the value CENTS. This magnificent gem is richly
toned to a glossy chocolate brown, with superb
accents of magenta and gunmetal blue. Numerals 86
in its date are distinctly re-punched, the 8
The NGC online census of graded coins is a wonderful tool that is intuitive and
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A feature incorporated into the online Census of NGC-certified coins is the NGC
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The NGC Chinese Modern Coin Price Guide is your single comprehensive resource for Panda coin values and more. Click on the description you’re interested in and the coin details page opens to reveal a Price Guide chart, along with NGC Census data, variety attributions, NGC Registry scores and more. All values are for NGC-certified coins.
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The World Gold Coins Value Guide is your resource for average asking prices of common
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NGC Research Director Dave Lange looks at the entire series of United States coins,
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NGC's research department uses many resources when researching information for VarietyPlus
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