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.
Link to this coin

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

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

1864 L BRONZE 1C MS Brown
  GVGFVFXF5053555861626364656667686970
Base $ 60.00 85.00 135 170 260 340 355 375 450 485 500 685 1075 1750 3350 - - - -
$ - - 365 390 460 495 525 735 1200 1950 - - -
1864 L BRONZE 1C MS Red Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 550 650 740 1275 2250 7450 - - - -
$ - - - - - - 675 775 1450 2700 - - -
1864 L BRONZE 1C MS Red
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 650 775 1000 2700 5750 36500 - - - -
$ - - - - - - - - - 17500 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1598
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
2/20/2005 PCGS MS 63   Red Brown Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 849 $517.50
12/6/2005 NGC XF 40   Brown Heritage Auctions Exclusively Internet Auction #25122, 25122/Lot# 13051 $218.50
11/7/2010 NGC XF 40   Brown Heritage Auctions Internet Coin Auction Session(2), 210113/Lot# 24362 $218.50
12/20/2010 PCGS XF 45   Brown Teletrade Auction 2981, 2981/Lot# 1026 $322.00
7/4/2011 NGC MS 65   Red Brown David Lawrence Rare Coins Monday - Internet Auction # 598, 605/Lot# 4001 $1,380.00
10/17/2012 NGC MS 61   Brown Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 24106 $370.13
2/10/2013 PCGS MS 64   Brown GreatCollections GreatCollections Coin Auctions 02/10/2013, 61/Lot# 99871 $1,072.50
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
6/28/2015 PCGS XF 40   Brown Heritage Auctions Internet Coin Auction Session(1), 131527/Lot# 21012 $211.50


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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