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: 3.1100g
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: 5/9/2016

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1864 L BRONZE 1C MS Brown
  GVGFVFXF505355586061626364656667686970
Base $ 60.00 85.00 135 170 260 340 355 375 450 465 485 500 685 1075 1750 3350 - - - -
$ - - 365 390 460 - 495 525 735 1200 1950 - - -
1864 L BRONZE 1C MS Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 480 550 650 740 1275 2250 7450 - - - -
$ - - - - - - - 675 775 1450 2700 - - -
1864 L BRONZE 1C MS Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 650 775 1000 2700 5750 36500 - - - -
$ - - - - - - - - - - 17500 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1628
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
6/14/2011 NGC MS 65   Brown Stack's Bowers The June 2011 Baltimore Auction, 92/Lot# 350 $1,495.00
4/8/2012 PCGS MS 64   Red Brown Teletrade Auction 3255, 3255/Lot# 1059 $825.00
5/27/2012 NGC Details AU Details  Goldberg May 27-31, 2012 The May Pre-Long Beach Auction, 69/Lot# 438 $196.00
2/7/2013 NGC MS 62   Red Brown Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(5), 1182/Lot# 7115 $440.63
12/1/2013 PCGS XF 45   Brown David Lawrence Rare Coins Internet Auction # 780, 789/Lot# 269 $210.00
6/4/2014 PCGS Genuine UNC   Brown Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(6), 1206/Lot# 7162 $440.63
6/8/2014 PCGS   Brown GreatCollections GreatCollections Coin Auctions 06/08/2014, 202/Lot# 198444 $154.00
10/19/2014 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(2), 131443/Lot# 27650 $129.25
9/20/2015 PCGS VF 20   Brown Heritage Auctions Internet Coin Auction Session(1), 131539/Lot# 29042 $176.25


NGC Registry

NGC Registry Score 1864 L BRONZE 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base163220288450527735774874908933102110441066115912841776230230333241346038325176
182243342476596748807885916962102910511097120114481951254631023314358442800
000000807885916962102910511097120114481951254631023314358400
000000841897925992103610591128124216122127278931723387370800
1864 L BRONZE 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base179241314484565785826930966993108411101166128414101928255544994777506855607313
2002653715116387998619429751023109311291205132615832137320345924874523261440
0000008619429751023109311291205132615832137320345924874523200
0000008959549841054110111471245136817552346385146844971539600
1864 L BRONZE 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base1942623395196078378799881027105411491177127114211673280739527431853698771136813019
21728839954868485191510011036108611581208132115052051318951127799898310374119180
0000009151001103610861158120813211505205131895112779989831037400
0000009521014104511171168124013711589242935706271816894301087100
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