Estimated grade. Ex. Elder Sold by Bowers & Ruddy Nov '79 Price realized $4500
Ron Guth: The 1865 Two Cent piece is one of the most common dates of the series. Its mintage of 13,640,000 is exceeded only by the mintage of the 1864, and no other date has a mintage of more than 3.2 million pieces. This makes the 1865 a good choice as a representative example of the type. Major varieties include Plain 5 and Fancy 5; minor varieties include a lightly doubled obverse and several repunched dates. One of the most unusual varieties is a Fancy 5 with traces of a misplaced date visible in the denticles below the date.
Sources and/or recommended reading:"Getting Your Two Cents Worth" by Kevin Flynn"Two Cent Piece - An 1864 Attribution Guide" by Frank Leone"Cherrypickers' Guide, Fifth Edition, Volume I" by Bill Fivaz and J.T. Stanton