1865-P (Philadelphia) Shield Two Cents

Coin / United States of America / 1865 / Philadelphia / Shield Two Cents / 2¢ (Two Cents)

The coin in question is an 1865 Shield Two Cents piece, minted in Philadelphia. As part of the United States currency system, this coin has a denomination of 2 cents (2¢) and is made of bronze. With a total mintage of approximately 13,640,000 pieces, it represents a significant but not overly rare part of U.S. numismatic history. The Shield Two Cents coin features a distinctive design that includes a shield on the obverse, symbolizing protection and strength. The reverse showcases a wreath encircling the denomination, emphasizing its value. Measuring 23 mm in diameter and weighing 6.22 grams, this coin was struck as a mint strike, signifying it was produced under the official minting process. Despite the enormous production numbers, the value of an 1865 Shield Two Cents coin can vary significantly based on its condition and grade. Coins that are well-preserved or in uncirculated condition tend to fetch higher prices among collectors. The Philadelphia mint mark (designated by the absence of any mint mark, as "P" was not used on coins until later) is typical for this series, providing further authentication for collectors. Overall, the 1865 Shield Two Cents coin is a fascinating piece that reflects a unique period in American history, both in its economic context and its production as a piece of currency designed for daily transactions.