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: 6/18/2015

Click on a price to see historical prices, comparison charts and trends.

1864 L BRONZE 1C MS Brown
  GVGFVFXF5053555861626364656667686970
Base $ 55.00 75.00 130 160 255 330 350 365 420 450 515 610 1075 1750 3050 - - - -
$ 275 - 360 390 430 485 550 685 1200 2000 - - -
1864 L BRONZE 1C MS Red Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 520 610 715 1250 2150 7250 - - - -
$ - - - - - - 650 800 1650 2400 - - -
1864 L BRONZE 1C MS Red
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 600 725 965 2600 5400 25000 - - - -
$ - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 1529
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
12/19/2010 PCGS MS 62   Brown Teletrade Auction 2980, 2980/Lot# 1119 $460.00
5/30/2012 PCGS VF 30   Brown Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(4), 1171/Lot# 7237 $178.25
9/2/2012 PCGS MS 64   Red Brown Goldberg September 2-5, 2012 The September 2-5, 2012, 70/Lot# 1249 $805.00
2/22/2013 NGC AU 50   Brown Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 6539 $229.13
8/11/2013 PCGS F 12   Brown GreatCollections GreatCollections Coin Auctions 08/11/2013, 87/Lot# 130494 $115.50
3/2/2014 PCGS AU 50   Brown GreatCollections GreatCollections Coin Auctions 03/02/2014, 182/Lot# 174735 $267.30
6/29/2014 NGC VF 25   Brown GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 173554 $190.00
1/4/2015 PCGS MS 65   Brown David Lawrence Rare Coins Internet Auction # 837, 846/Lot# 1262 $1,300.00


NGC Registry

NGC Registry Score 1864 L BRONZE 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base163220288450527735774874908933102110441066115912841776230230332401293735554266
182243342476596748807885916962102910511097120114481951254630332580314337920
000000807885916962102910511097120114481951254630332580314300
000000841897925992103610591128124216122127278930332758334900
1864 L BRONZE 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base16321227234843754460766772576481711101166128414101928255544994336515660867135
17923229737847356562768673878291511291205132615832137320344994609546664360
00000062768673878291511291205132615832137320344994609546600
000000647706751799101211471245136817552346385144994883577600
1864 L BRONZE 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base163212272348437544607667725764817853127114211673280739527431853698771136813019
179232297378473565627686738782829992132115052051318951127799898310374119180
00000062768673878282999213211505205131895112779989831037400
000000647706751799841113213711589242935706271816894301087100
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