Description and Analysis
Shield Two Cents
1872 2C MS
Description & Analysis
Among two-cent pieces struck for circulation, the 1872 edition is second to none in overall rarity. It may presumed that at least some of the 65,000 pieces coined remained in vaults when this denomination was legislated out of existence the following year and thus succumbed to the melting pot. Examples in any grade are prized, and gems are all but non-existant.
Though the doubled-die obverse variety is appealing, the high value of any 1872 two-cent piece nearly eliminates the variety premium.