1868-P (Philadelphia) Shield Two Cents

Coin / United States of America / 1868 / Philadelphia / Shield Two Cents / 2¢ (Two Cents)

The coin in question is a 1868 Shield Two Cents piece, minted in Philadelphia, denoted by the "P" mint mark. As a denomination of two cents, this bronze coin has a diameter of 23 mm and weighs approximately 6.22 grams. The Shield Two Cents coin series is notable for its unique design featuring an ornate shield on the obverse, symbolizing protection and strength. The reverse side typically features the inscription "2 CENTS" encircled by a laurel wreath. This particular coin was struck as part of a production run with a total mintage of 2,803,750 pieces, making it relatively common compared to other coins from different series or years. However, its condition significantly influences its market value; higher grades can be valuable to collectors due to the historical significance and limited availability of well-preserved specimens. As with all coins of this era, the Shield Two Cents piece carries a rich history, reflecting the economic and social circumstances of the United States in the late 19th century. Its design and metal composition highlight an innovative approach to currency at the time, introducing smaller denominations to facilitate commerce. Collectors of United States coins often seek out the 1868 Shield Two Cents for both its aesthetic appeal and its representation of a unique period in American currency history.