A Nation in Crisis, A Motto Born from Faith
The American Civil War did more than reshape the political and geographic boundaries of a nation — it forced a reckoning with the very soul of the republic. As battlefields consumed tens of thousands of lives and the Union teetered under unprecedented strain, a wave of religious sentiment swept through Northern society. Citizens, clergy, and government officials alike searched for something transcendent to anchor a fractured country. It was in this atmosphere of grief and spiritual urgency that the phrase “In God We Trust” found its way onto American coinage — and changed the face of United States currency forever.
The driving force behind the motto was Salmon P. Chase, Abraham Lincoln’s Treasury Secretary and a deeply devout man who believed the nation’s coins should reflect its religious character. In November 1861, Chase received a letter from Reverend Mark Watkinson of Pennsylvania urging that God be recognized on American currency, arguing that such an acknowledgment would distinguish the Union from godless tyranny. Chase was immediately receptive. He directed the Director of the Mint to begin developing designs that incorporated a religious motto, setting in motion a years-long process that would culminate in one of the most consequential moments in American numismatic history.
The 1864 Two-Cent Piece: Where It All Began
The two-cent piece, authorized by the Coinage Act of April 22, 1864, holds a singular distinction: it was the first United States coin ever to bear the motto IN GOD WE TRUST. That single fact elevates this modest denomination far above its face value in the eyes of historians and collectors. Every American coin today — from the humble cent to the gold Eagle — carries that motto as a direct legacy of what began on this small bronze piece struck in Philadelphia more than 160 years ago.
The obverse design, executed by Chief Engraver James B. Longacre, features a Union shield topped by a scroll bearing the motto IN GOD WE TRUST, with crossed arrows and olive branches framing the base of the shield. The reverse carries a simple but dignified wreath encircling the denomination “2 CENTS.” The composition — 95 percent copper, 5 percent tin and zinc — was a practical response to the wartime hoarding of silver and gold coins, which had driven even small change out of circulation. The two-cent piece, along with the bronze Indian Head cent introduced simultaneously, was designed to fill that gap.
Small Motto vs. Large Motto: A Critical 1864 Variety
Among the most important distinctions any serious collector of the two-cent series must understand is the difference between the 1864 Small Motto and 1864 Large Motto varieties. Both were struck in the same year, but the differences in the lettering of the motto on the scroll are immediately apparent to a trained eye — and dramatically different in rarity and value.
On the Small Motto variety, the letters of IN GOD WE TRUST appear thinner and more compact, with the word “WE” notably smaller relative to the surrounding text. The “D” in “GOD” shows a more curved, open profile, and the overall lettering has a delicate, almost understated quality. The Large Motto variety, by contrast, features bolder, thicker lettering with the word “WE” more proportionate in size. The “D” in “GOD” has a squarer, more upright appearance. The Small Motto is considerably scarcer and commands a significant premium in all grades, making it one of the key varieties in 19th-century American coinage.
Die alignment, the shape of the shield’s cross-hatching, and the positioning of the scroll also offer secondary diagnostic points for attribution, though the motto itself remains the fastest and most reliable identification tool. Collectors pursuing the Small Motto 1864 in high grades should expect genuine competition — examples in Mint State are seldom encountered and draw strong prices at major auction houses.
James B. Longacre and the Shield Legacy
James Barton Longacre served as Chief Engraver of the United States Mint from 1844 until his death in 1869, and the two-cent piece stands among his most enduring contributions. Though Longacre is perhaps best remembered for the Indian Head cent, his shield motif on the two-cent piece proved immediately influential. When Congress authorized the five-cent nickel in 1866 to replace the silver half dime, Longacre adapted the same fundamental shield design for its obverse, creating what collectors know today as the Shield nickel. The visual language of patriotism and national resolve embedded in the two-cent piece thus carried forward into the next generation of American coinage, cementing Longacre’s stylistic influence well beyond any single denomination.
Nine Years and Gone: The Short Life of the Two-Cent Piece
Despite its historic significance, the two-cent piece proved commercially awkward. The public never warmed to the denomination with any particular enthusiasm, and mintage figures declined sharply after the initial years of high demand. By the late 1860s, as the economy stabilized and small silver coins returned to circulation, the rationale for the two-cent piece weakened considerably. Congress formally discontinued the denomination with the Coinage Act of 1873, giving it a lifespan of just nine years — making it one of the shortest-lived regular-issue denominations in the history of the United States Mint. The final business strikes were produced in 1872, with an 1873 issue struck only in Proof format for collectors.
That brevity, combined with the denomination’s unique historical position, makes the two-cent series a compelling collecting target. A complete date run is achievable without extraordinary expense, yet the series rewards careful attention to die varieties, surface quality, and original mint color on the bronze issues. The 1864 Small Motto, the low-mintage 1872, and gem Proof examples throughout the series represent the highlights that serious numismatists pursue with particular dedication.
Few coins of the 19th century carry the weight of meaning that the two-cent piece bears. It is the origin point of a motto that now defines American coinage — a small bronze artifact of a nation’s darkest hour that left an indelible mark on every coin that followed.
Premier Rare Coins offers a carefully curated selection of two-cent pieces across grades and varieties, including certified examples of the scarce 1864 Small Motto and Proof issues throughout the series. Browse our current inventory to find the right addition to your collection, or contact our team directly for personalized assistance sourcing specific dates and varieties.