What Did I Miss Here?

The coin is also a nice XF example IMO.

I know what I missed! THis coin being in my variety collection but at the price it went for - nope...

I was in at $40.00 with a second bid ready to go at $60+ but I was blown out of the water! That is a pretty nice Retained Cud however, but nowhere near the largest nor most impressive in the 2¢ series. I thought I might have a chance or it would sell for just under $100.00 even I was way off!

2¢ errors do seem to go for a lot more than other series, look at off centered 3¢ nickels - you can find them for around $120-300 at auction, I've only seen one true off centered 2¢ sell at heritage and it brought over $6K! For as many 2¢ pieces that were minted there seems to be a lot of RPDs and varieties but hardly any error coins that slipped out. A couple struck on IHC planchets, 3-4 capped dies, a couple broadstruck, a few off centered and one (I know of double struck). Even large Cuds are tough to find. There are a few 2¢ variety collectors out here besides me and Frank Leone, unfortunately - they saw this auction too, it seems.

Frank had this very subject in one of his 1990's Two Cent Times newsletters, saying basically how many coins that the mint produced in a short time for so few errors to come to light is amazing, beyond all the RPDs there really were not many mistakes made in minting the 2¢ series (A few double dies happened , one big one in 1867) even later research is proven that the master hub was doubled and a lot of the later years 1872 and 1873 + Proofs from many years were made many years later than they should have been.