Lot 1258
1836 Pattern Two Cents. Billon, plain edge. Judd-52. Pollock-55. Low Rarity 6. PCGS graded Proof 63 CAC Approved. In an old green label PCGS holder. Original silver-gray toning with all the devices sharp and well defined. The year 1836 is notable for the appearance of Patterns for two denominations which were not regularly issued until many years later, the two-cent piece and the gold dollar.
The two-cent piece had been proposed first in 1806 in a bill introduced into the U.S. Senate by a Mr. Tracey. The proposal was defeated probably because of the strong opposition of the Director of the Mint, Robert Patterson.'
By a strange coincidence, on December 12, 1836, his son, Robert M. Patterson, who had been appointed Director of the Mint by President Andrew Jackson, May 26, 1835, proposed the coinage of a two-cent piece, as well as a gold dollar, when he appeared before a Congressional committee considering the bill which became the Act of Jan. 18, 1837. Pop 4; 4 finer, 2 in 64, 2 in 65. (PCGS # 11194) .
Estimated Value $3,000 - 3,300.
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| Realized $3,600 |
