The Act of April 22 1864 authorized the minting of bronze U.S. Two Cent Coins. Many people are unaware that the United States ever had a two cent piece. They were minted between 1864 and 1872 for general circulation. A relatively short run of mintage and therefore fairly easy to collect and complete a set. These U.S. Two Cent Coins can range from as little as $20 in poor grade up to Hundreds of dollars for finer conditions and rarer dates.