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A two-cent piece had been proposed in 1806 by Connecticut Senator Uriah Tracy, along with a twenty-cent piece or "double dime". Reflecting the then-prevalent view that coins should contain their value in metal, Tracy's bill provided that the two-cent piece be made of billon, or debased silver.
Some, like the half-cent coin were removed due to inflation reducing their value while others such as the two-cent piece were removed due to a lack of demand. Note that this table shows the latest status before the coin denomination was rendered obsolete.
After various wordings were considered, "In God We Trust" was placed on the new two-cent piece in 1864. The Act of March 3, 1865, that authorized the copper-nickel three-cent piece also required the motto to appear on all coins large enough to bear it. Pursuant to this mandate, Longacre began re-engraving the various denominations of U.S. coinage.
According to U.S. Currency Auctions, it was an 1890 $2 bill that is worth — not sold for — $4,500. You'd have to find a buyer willing to pay that, and it would have to also be in uncirculated ...
(The Lincoln cent series is full of other examples, including modifications to the size of Lincoln's bust during the early 1970s). Consequently, each collector will need to decide for themselves how specific they wish to be when putting together a U.S. coin type set, though the decision is often made for them if they choose specific albums ...
Seven distinct types of coin composition have been used over the past 200 years: three base coin alloys, two silver alloys, gold, and in recent years, platinum and palladium. The base metal coins were generally alloys of copper (for 2 cent coins and lower), and copper/nickel (for 3 and 5 cent coins). Copper/nickel composition is also used for ...
The widespread use of the tokens was a result of the scarcity of government-issued cents during the Civil War. Civil War tokens became illegal after the United States Congress passed a law on April 22, 1864, prohibiting the issue of any one or two-cent coins, tokens or devices for use as currency. On June 8, 1864, an additional law was passed ...
Coins worth 1/50 of a decimalised base currency. ... (British decimal coin) Two pence (Irish coin) Two-cent piece (United States) Media in category "Two-cent coins"