1864 Small Motto .02c PCGS MS65RD

Small Motto Variety. PCGS Regency Holder. Garrett Collection Pedigree. Its been a long time since I saw a Two Cent Piece that I thought about adding to my inventory and even longer (like maybe forever?) since I've bought a five-figure example of this denomination. But this amazing coin, a combination of beauty, rarity and pedigree that is unbeatable, really speaks volumes to me. The Small Motto variety of 1864 Two Cents is very rare in the higher grades, particularly with mint red. This example has superb fiery red coloration with little mellowing and a total absence of spots. The luster is complete and unmellowed and the eye appeal certainly rivals any example of this variety that I have seen. To the best of my knowledge, the finest 1864 Small Motto Two Cent Piece to be offered for sale in recent years was Heritage 1/08: 2719, graded MS66 RD by PCGS, that brought an exceptional $32,200. Later that year, Heritage 10/089: 256, graded MS65 RD by PCGS and approved by CAC, brought a robust $21,850. The present example is encased in a PCGS Regency holder which, as best as I remember, was offered as a slabbing option for only a few months around 1994/1995. If you are a serious collector of this enigmatic type and you are looking for the best possible quality, this Small Motto has to receive your serious consideration.

Ex Bowers and Ruddy Garrett I: 220 (10/79) as "MS65" where it sold for a then very strong $4,500; obtained by the Garrett family in the Thomas Elder 2/1923 auction. The original tag from the Garrett Sale is included and it states that this coin was purchased by Hancock and Harwell, the Atlanta dealers.