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1865 2 Cent Piece.... Need Help!

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KoinKid's Avatar
United States
75 Posts
 Posted 01/24/2011  10:10 pm Show Profile   Bookmark this topic Add KoinKid to your friends list Get a Link to this Message Number of Subscribers
I purchased this coin off of ebay. I've seen all kinds of 2 cent piece's but never one that's been stamped on both sides. I'm not sure if its a novelty item or what. Its a cool coin none the less. Could use any info on the coin.

1865-2-Cent-Piece....-Need-Help!
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chugly's Avatar
United States
234 Posts
 Posted 01/25/2011  4:09 pm  Show Profile   Bookmark this reply Add chugly to your friends list Get a Link to this Reply
Hi KoinKid,

What you have there is a normal 1965 2 cent piece that has been damaged post mint by a date punch (often described as PMD - "post mint damage"). In general, this greatly decreases the value of a coin. However, some people do collect these as novelty items.

Unfortunately, it looks like this coin was in pretty good shape prior to the damage, but now its probably only worth a few $$. Thanks for posting!

Chugly
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/25/2011  6:18 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Counterstamps have been used to commemorate a historic event or advertise a business, somewhat common in the 1800s, while others seem completely random. Attributable counterstamps can be more valuable than the host coin itself while other times the purpose of the counterstamp is known only to the person that did it and results in a damaged coin for everyone else.
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KoinKid's Avatar
United States
75 Posts
 Posted 01/25/2011  8:22 pm  Show Profile   Bookmark this reply Add KoinKid to your friends list Get a Link to this Reply
thanks for the info guys.

if you were to guess what would be a reasonable price to ask for the coin?
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/27/2011  12:23 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Value is hard to judge, what does the reverse look like? For most, this is just a damaged coin so value will be minimal, maybe $10 or so. Here is one from my personal collection, the meaning of this date should be obvious

1865-2-Cent-Piece....-Need-Help!
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