1. Base Value: An 1867 two-cent piece in average circulated condition might be worth around $2-$5, reflecting its base metal content and historical significance.
2. Grades and Rarity: The value of the coin increases as its condition improves. Coins with higher grades (e.g., Uncirculated, Mint State) or those that exhibit exceptional preservation and rarity can command prices well above their base value. For instance, a Mint State (MS-65) graded 1867 two-cent piece might sell for several hundred dollars.
3. Errors and Varieties: If an 1867 two-cent piece exhibits any unusual characteristics, such as die errors or mint marks (e.g., the famous "Snowball" variety), it can potentially be worth more due to its added rarity.
4. Numismatic Value: The 1867 two-cent piece is part of a series that includes several key dates and low-mintage issues, which can increase their numismatic value. It's important to note that certain dates and variations within this series are rarer than others, making them more valuable to collectors.
5. Market Conditions: The value of an 1867 two-cent piece is also influenced by market conditions, including supply and demand. Factors like the overall rarity of the coin, market trends, and the numismatic community's interest in this specific issue can impact its price.
It's always recommended to consult with reputable coin dealers, numismatists, or resources like auction results and coin price guides to obtain a more accurate and up-to-date valuation of your specific 1867 two-cent piece.