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The two-cent piece was produced by the Mint of the United States for circulation from 1864 to 1872 and for collectors in 1873. Designed by James B. Longacre, there were decreasing mintages each year, as other minor coins such as the nickel proved more popular.
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.
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 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 ...
The Director of the U.S. Mint developed the designs for these coins for final approval of the Secretary of the Treasury. As a result of this law, the phrase "In God We Trust" first appeared, on the 1864 two-cent coin. An Act of Congress, passed on March 3, 1865, allowed the Mint Director, with the Secretary's approval, to place the phrase on ...
Coins of the United States dollar – aside from those of the earlier Continental currency – were first minted in 1792. New coins have been produced annually and they comprise a significant aspect of the United States currency system. Circulating coins exist in denominations of 1¢ (i.e. 1 cent or $0.01), 5