Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Catalog: KM-90a
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Bronze
Weight: 3.11 Grams
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1864 L BRONZE 1C MS obverse 1864 L BRONZE 1C MS reverse


  
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Description & Analysis

With the new bronze cent a proven success, Mint Engraver James B. Longacre sought recognition for his popular design by placing his initial 'L' on the small ribbon adjacent to the lowest feather. Curiously, this letter is turned 90 degress clockwise from upright.

The 1864 bronze cents with letter L comprise a minority of this coinage, but they are not truly rare. Examples are nevertheless highly sought by collectors, though the L is hard to see on worn coins. Such pieces may still be identified easily by the fact that the L variety also has a pointed bust tip on the Liberty portrait, similar in style to the 1859 cents.

Mint state examples of the 1864 L cents are fairly scarce, and fully red gems are quite rare.

This issue is especially rich in die-punching varieties, and why this low mintage resulted in more significant varieties than the common No L issue is a mystery. The coin illustrated was struck from very worn dies, and its obverse die has suffered a bisecting crack.

GRADE SUMMARY

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Price Guide

Last Updated: 1/20/2014

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1864 L BRONZE 1C MS Brown
  GVGFVF4045505355586061626364656667686970
Base $ 55.00 75.00 130 160 255 255 315 335 350 420 435 450 515 575 975 1575 2750 - - - -
$ 275 335 355 385 445 455 485 575 660 1100 1700 3100 - -
1864 L BRONZE 1C MS Red Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 455 470 570 690 1175 1775 3300 - - - -
$ - - - - - 480 510 630 760 1350 1950 3750 - -
1864 L BRONZE 1C MS Red
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 590 660 930 1690 5660 20610 - - - -
$ - - - - - - 650 730 1020 1860 6100 22300 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 1426
Low Grade: PrAg
Average Grade: 58
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/14/2007 NGC AU 55   Brown David Lawrence Rare Coins Internet Auction # 141, 146/Lot# 37 $316.25
12/19/2010 NGC AU 53   Brown Teletrade Auction 2980, 2980/Lot# 1117 $253.00
10/17/2012 PCGS AU 55   Brown Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 24107 $305.50
1/9/2013 NGC AU 58   Brown Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(7), 1181/Lot# 8326 $317.25
3/21/2013 PCGS AU 50   Brown Heritage Auctions 2013 March 21 -22 & 24 US Coin Signature Auction - Dallas Session(4), 1183/Lot# 7068 $282.00
9/25/2013 PCGS MS 65   Red Goldberg September 22-25, 2013 September Pre Long Beach, 75/Lot# 1089 $3,795.00
12/1/2013 PCGS AU 58   Brown GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 154940 $379.50
4/27/2014 PCGS MS 64   Red Brown GreatCollections GreatCollections Coin Auctions 04/27/2014, 173/Lot# 189539 $774.40


NGC Registry

NGC Registry Score 1864 L BRONZE 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base1632122723484375446076677077357727988208429741233167820792401293735554266
17923229737747256562768071674778080582788610601381181121862579314337920
00000062768071674778080582788610601381181121862579314300
00000064769372575978981283493011461529194522932758334900
1864 L BRONZE 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base16321227234843754460766772576481785386390511101505205625974336515660867135
17923229737747256562768673878182985687797312411688223631764609546664350
00000062768673878182985687797312411688223631764609546600
000000647705751799841859891104113731872241637564882577600
1864 L BRONZE 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base16321227234843754460766772576481785386310851537224034704949853698771136813019
17923229737747256562768673878182985693712351771265039636144898310374119180
0000006276867387818298569371235177126503963614489831037400
00000064770575179984185910111386200530604456734094301087100
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