1863 Proof Two Cent Pattern - J-316

Coin Details

Auction Record

$15,275 PR66 01-08-2014 Heritage Auctions

Description

The 1863 Proof Two Cent Pattern - J-316 is a proof cent struck at the Philadelphia Mint, part of the Civil War Patterns (1860-1865) series. The obverse features a shield with a banner inscribed IN GOD WE TRUST — the first U.S. coin to bear this motto and the reverse displays a wreath enclosing 2 CENTS. Produced during the Civil War, when coin hoarding caused severe shortages and the Mint experimented with new compositions to keep coins in circulation. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Auction record: $15,275 PR66 01-08-2014 Heritage Auctions. Struck in other. Cataloged as PCGS #60473.

Rarity Notes

Rarity-7. Approximately 5-10 specimens known.

Cross References

Judd-316; Pollock-368