- 1872 Two Cent Piece Value: $1 - $250
The 1872 two cent piece, also known as the "Indian Head Two Cent Piece" or "Two Cent Piece," is a bronze coin minted by the United States Mint from 1864 to 1873. It is the successor to the "Flying Eagle Two Cent Piece," minted from 1857 to 1858.
Mintage:
The total mintage for the 1872 Two Cent Piece is 20,600,000.
Composition and Weight:
The coin is composed of 95% copper and 5% tin and zinc, and it weighs 3.11 grams.
Diameter:
The diameter of the coin is 23 millimeters.
Obverse and Reverse Designs:
The obverse (front) of the coin features a portrait of an American Indian head facing the left, encircled by the inscription "LIBERTY" at the top and the date "1872" at the bottom.
The reverse (back) of the coin displays the denomination "TWO CENTS" within an ornate wreath of laurel leaves and berries, with the words "UNITED STATES OF AMERICA" encircling it.
Value:
The value of the 1872 Two Cent Piece varies depending on its condition and rarity. While some well-preserved and rare examples can fetch prices of up to $250, most commonly encountered pieces are valued between $1 and $10.
It's worth noting that the value of coins can fluctuate based on market conditions and demand, so it's always advisable to refer to accurate pricing guides and consult with experts for the most current estimates.