Why are Proof Tw0-Cent Pieces so cheap??

keets

I assume it's because of demand. However, the design is pleasant, the alloy tones nicely, has a nice look when mirrored and the mintages are miniscule, yet noone collects them. I just don't get it.

Al H.

Prethen

Join the club of the clueless. But, there's a little problem...there's not as much supply as you think. Just try finding the stuff. If you do...buy it! Same goes for any of the small, minor denominations, 3CS, Half Dime, and 3CN. I'd say...take advantage of it now. If it doesn't make sense to you and me, others will catch on and that stuff will no longer seem so cheap!

My icon coin is one of my favorites - ICG PF65RB.

lordmarcovan

Ssssh!

They're sleepers.

You don't wanna wake 'em, now, do you?

I set out to collect them, but I ain't got the dough to spare.

I bought one, an 1868 PCGS PR64 RD, which I used to use as an icon.



It was a sweetheart, very nearly CAM.

Regrettably, I later sold it, but it's in good hands now.

DennisH

Bottom line answer: No matter how neat they are, almost no one collects them.

shirohniichan

I almost bought an 1873 for the reason that it seemed so cheap compared with the surviving population, but those danged foreign coins got in the way.

keets

ironically, if you check the pop reports there seems to be a very high percentage in holders. even if regrades and crackouts are considered, it's close to half the mintage for some of the dates. i guess that means somebody collects them, just not enough to affect pricing. ahhh, what a bummer!!

66Tbird

This one was yanked last night PR 2C CAM and I was hoping to bid. OH well, My icon is close.
Shhhhh! keep it quiet, let them collect big silver

LeeG

The 2C piece is an outstanding piece of Americana. Truly hidden Gems. It seems difficult to find them without spots or other distractions. I was lucky and purchased this outstanding spot and mark free example from Carl Wohlforth. As far as finding them cheap, depends on your definition of cheap. This one wasn't, at least in my opinion.

mgoodm3

I want one sometime.

RedneckHB

Toned proof 2c are a sight to behold. However if you want to find one that combines vibrancy and monster color then you will be looking for a long, long time.
Most have subdued mirrors and/or spots.

drdja

I just bought my first - a PR63RB and I’m really happy with it. It’s amazing that these can still be picked up relatively cheap considering the mintages, age and how good-looking these coins really are. Of course, I hope they stay somewhat cheap for a while.

Coinhusker1

Shhhhhh!!! Let's keep it that way until after I buy a few!!!

lordmarcovan

Bet y'all can't guess who owns my precioussssss, now.

michael

cohodk
Collector

Posts: 1151
Joined: Feb 2004
Wednesday August 10, 2005 5:04 PM (NEW!)



Toned proof 2c are a sight to behold. However if you want to find one that combines vibrancy and monster color then you will be looking for a long, long time.
Most have subdued mirrors and/or spots.