Original 1864 L On Ribbon Indian Head Cent, PCGS XF-40, Certification # 26703179, Estate Found, Please view Photos

  • Provenance: N.C. Estate Inheritance
  • Dimensions: DIAMETER: 19.00 millimeters
  • Exhibited: Currently Mebane Antique Auction Gallery
  • Literature: WEIGHT: 3.11 grams, MINTAGE: 39,233,714, MINT: Philadelphia, EDGE: Plain David Hall: The 1864 Indian cent with the L on the ribbon is one of the most famous U.S. cent varieties. The L is the designer's (James Longacre) initials. The 1859 to 1864 copper-nickel Indian cents did not have the designer's initials. And most of the 39,233,714 1864 bronze Indian cents also lack the initials. Towards the end of the year, the designer's initials were added to the ribbon on the obverse, creating a variety that has been very popular with collectors ever since. The designer's initials remain on the ribbon through the end of the series in 1909. The 1864-L is scarce in circulated grades and very scarce in mint state. However, its price has as much to do with its popularity and importance to collectors as it does with its scarcity. All 1864-L Indian cents have a pointed bust on Ms. Liberty, while the no Ls have a rounded bust. So sometimes low grades are designated (correctly) as Ls even if you can't really see the L. Most mint state specimens are Red and Brown and Full Red Gems are quite rare.
  • Medium: 95% Copper, 5% Tin and Zinc
  • Circa: 1864
  • Notes: Outstanding fresh estate collection of investment quality coins and currency, Always bid with confidence with Mebane Auction. Thank you Jon Lambert
  • Condition: PCGS XF-40

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by Mebane Antique Auction
November 27, 2021 10:00 AM EST
7607 Hwy 70
P.O. Box 308
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Mebane Antique Auction

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Bid Increments
From: To: Increments:
$0 $49 $5
$50 $99 $5
$100 $299 $10
$300 $999 $25
$1,000 $2,999 $50
$3,000 $9,999 $100
$10,000 $19,999 $500
$20,000 $99,999 $1,000
$100,000 $299,999 $5,000
$300,000 + $10,000