DESCRIPTION Gem Proof 1864 Large Motto Two-Cent Proof-66 RB (PCGS) CACNone Finer at CAC1864 Two-Cent Piece. Large Motto. Proof-66 RB (PCGS). CAC.
Warm orange patina glows with flashes of gold and pinkish mint luster upon inspection. Strong reflectivity in the fields and free of any notable abrasions. Among the finest known with only 1 finer at PCGS and none finer at CAC. A very challenging issue to locate with such quality.
Trailing only the extremely rare 1864 Small Motto, the 1864 Large Motto is the second rarest Proof in the two-cent series. The original mintage is unknown, having not been recorded by Mint personnel at the time of production, although the Guide Book offers an estimate of 100+ pieces. Most of those coins were distributed as part of the year's silver and minor coin Proof sets, others undoubtedly struck for individual sale to contemporary collectors. Based on the number of coins extant, an estimate of 325 to 375 pieces produced seems likely. Among the survivors, most are confined to lower Proof grades by hairlines and other mishandling, while even fewer exhibit any hints of original Red luster. This Proof-66 RB (PCGS) CAC is a true prize for the advanced collector.PCGS# 3622
.NGC ID: 274T
PCGS Population: 15; 1 finer. CAC Population: 8; none finer.