Sometimes the smallest denomination coins are overlooked and people may not be aware of the fact that they are extremely valuable. Here’s one example: the 1864 2 Cent Small Motto, FS-401, MS66 Red PCGS.
The 2-cent coin was authorized thanks to new legislation from April 1864. Its design was left to James Pollock, the Mint Director, and it got the necessary approval of the Treasury Secretary of the time.
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