Error Coin

[EJ3312]

I was looking at my collection and I noticed an NGC certified and Graded coin that I have no idea how much it is worth because when I looked it up on the red or blue book the type of error coin was not even listed. However I am sure it's an error coin because NGC' has labeled it "1864 Large No Motto Medallic Alignment Mint Error AU 58 BN".

 

Does anyone in the forum know how much a coin like this is worth? You see when I was just playing around with it I decided to look it up through the Heritage Archives and I was really surprised that on January 2007 a similar coin was sold for $8050.00. Now my real question is does that mean that the coin that I have might also be worth as much as the one that sold on Heritage auction?

[bstrauss3]

If it's the same, it might. But prices have changed dramatically in ten years.

 

You'll get a better valuation from the one sold more recently... http://coins.ha.com/itm/errors/1864--two-cent-piece-large-motto-medallic-alignment-au58-brown-ngc-mintage-19-847-500/a/131534-27722.s?ic4=GalleryView-ShortDescription-071515

 

[CaptHenway]

That is actually a fairly common rotated die error in that particular year. Not worth a premium over the normal coin.

 

[Jon P. Sullivan]

It's a common rotated die, and I used to sell circulated examples for under $100 or so. I'm not sure what an AU-58 is worth, but mint state pieces are a few hundred dollars or so.

[Conder101]

I'm confused, a large NO MOTTO two cent piece? Is the error on the coin or on the NGC label?

[johnny9434]

welcome to the forums as well.

[coinman1794]

I'm confused, a large NO MOTTO two cent piece? Is the error on the coin or on the NGC label?

 

"No Motto" is probably a typo by the OP. Large Motto is the variety, and Medallic Alignment, aka 180 degree rotation, is the Error.