Description

1863 Republic Copper Proof Essai 2 Centavos – PR65 Red & Brown NGC (KM-E2)

This is an exceptional 1863 Republic copper Proof Essai 2 Centavos, certified PR65 Red and Brown by NGC, and referenced as KM-E2 in world coin catalogs. As a Top Pop Gem, this rare pattern coin exhibits remarkable vibrant toning in shades of red, pink, purple, and blue — a highly desirable trait among advanced collectors. It hails from the distinguished Grant Powell Collection and represents one of the finest examples of this elusive Venezuelan pattern type seen in the hobby.

Historical Significance:
Issued during the Republic era of Venezuela (1856–1864), this coin was never released for general circulation. Instead, it served as a pattern/essai trial piece, part of experimental strikes produced to evaluate designs and dies. The obverse honors José Antonio Páez, a key figure in Venezuelan independence and three-time head of state, depicted with the flattering inscription “CIUDADANO ESCLARECIDO” (“Enlightened Citizen”).

Design & Features:

Obverse: Elegant left-facing bust, traditionally attributed to José Antonio Páez, encircled by CIUDADANO ESCLARECIDO.
Reverse: Classic wreath design surrounding REPUBLICA DE VENEZUELA / 2 / CENTAVOS / 1863 with a small E beneath — denoting Essai (trial).
Metal: Copper — prized for deep, radiant proof toning.
Reference: KM-E2 in the Standard Catalog of World Coins.

Remarkable Attributes:
This specimen stands out not only for its certified PR65 grade but also for its unusual and appealing multicolor toning — an aesthetic quality that elevates its appeal beyond typical brown proof copper. Such toning develops naturally over time through environmental interaction with the metal and is prized by connoisseurs when vibrant and evenly distributed, especially on pattern coins.

Collector’s Value:
Pattern (essai) issues like this 1863 copper 2 Centavos are inherently scarce, as they were produced in limited numbers and primarily for internal evaluation or presentation. A Top Pop PR65 Red & Brown example — especially one with lively rainbow toning — is highly sought after by advanced world coin collectors who focus on South American numismatics and rare trial strikes. Its certification by NGC and link to a named collection further enhance its pedigree and market desirability.