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Inventory:
22 In Stock
- Product ID: 15069
The US Two Cent Piece 1870 represents a pivotal chapter in American numismatic history, reflecting the nation's post-Civil War recovery and the continued evolution of its coinage. As the fourth year of production for this denomination, the 1870 issue carries both historical significance and numismatic appeal. With its distinctive design and modest mintage figures, the US Two Cent Piece 1870 remains a prized collectible among enthusiasts and historians alike.
Following the introduction of the Two Cent Piece in 1864, this denomination quickly became an essential part of America's circulating coinage. Authorized by the Coinage Act of 1864, the Two Cent Piece was minted to address the shortage of small-denomination coins caused by hoarding during the Civil War. Its unique design featured a left-facing bust of Liberty on the obverse and a large shield on the reverse, symbolizing national unity and strength.
During the late 19th century, coins were typically not packaged for individual sale or presentation. Instead, they were distributed through banks and commerce channels for everyday use. As such, the US Two Cent Piece 1870 would not have been packaged in any special way upon its release.
The US Two Cent Piece 1870 was struck at various mint facilities across the United States, including the Philadelphia Mint, the San Francisco Mint, and the Carson City Mint. These facilities utilized steam-powered presses to produce large quantities of coins, meeting the demand for circulating currency during the nation's post-war recovery.
The mintage figures for the US Two Cent Piece 1870 varied depending on the mint facility where the coins were struck. The Philadelphia Mint, as the primary facility for producing circulating coinage, typically produced the highest number of coins, followed by the other mint facilities.
In Good to Very Good (G-VG) condition, the US Two Cent Piece 1870 exhibits moderate to heavy wear across the design, with some loss of detail on the high points of the coin. Despite this wear, the overall design elements and inscriptions remain visible and discernible, allowing for easy identification of the coin's features.
The US Two Cent Piece 1870 holds a special place in American numismatics, serving as a tangible link to the nation's post-Civil War era. Whether held as a standalone collectible or integrated into a broader numismatic collection, this coin offers a glimpse into the economic and social landscape of late 19th-century America.