1864 2 CENT PIECE LARGE MOTTO ICG MINT STATE 64 RED BROWN

The 1864 2 cent piece with the Large Motto designation is a sought-after item by coin enthusiasts, particularly when it comes in Mint State (MS) 64 grade with a Red Brown (RB) designation by Independent Coin Grading (ICG).

History and Design:

This coin was designed by James Barton Longacre, the chief engraver at the United States Mint from 1844 to 1869. It was part of the short-lived two cent piece series minted from 1863 to 1873. There are two varieties for the 1864 year – the Large Motto and Small Motto – which can be differentiated by the lettering size of the motto "IN GOD WE TRUST" on the reverse. The Large Motto is the more common variety.

Material and Specifications:

The coin is composed of copper, like most two cent pieces from this era. It measures 17.9 millimeters in diameter and weighs 3.1 grams.

Grading and Color Designation:

The MS 64 grade assigned by ICG indicates that the coin is in exceptional condition. MS grades range from 60 (Mint State) to 70 (Perfect Mint State), with MS 64 signifying a coin with full strike detail and slight wear from handling.

The Red Brown (RB) designation refers to the natural aging process that copper coins undergo, developing a reddish-brown patina over time. This color is quite common for uncleaned copper coins.

Value:

The value of an 1864 2 cent piece Large Motto ICG MS64 RB can fluctuate depending on the coin's specific characteristics. Generally, it falls within the range of $300 to $500. However, coins with higher grades, such as MS65 or MS66, can command significantly higher prices due to their rarity. If your coin has exceptional characteristics or a unique toning pattern, it's recommended that you consult a professional coin grading service for an accurate valuation. These services can also authenticate the coin to ensure its genuineness.