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1864 Indian Head Cent Fine (L on Ribbon)

1864 Indian Head Cent Fine (L on Ribbon)

Numismatic

1864 Indian Head Cent Fine (L on Ribbon)


0.0000 troy oz 1864 Fine

The year 1864 marked a notable moment in the evolution of United States minor coinage, particularly for the classic Indian Head cent. This specific variety is highly regarded for a tiny, intricate detail: the letter L, representing the initial of designer James B. Longacre, nestled discreetly on the ribbon of the headdress. Struck in Philadelphia, this coin is composed of a durable alloy containing 95 percent copper alongside a 5 percent mixture of tin and zinc. On the obverse, the design features a depiction of Liberty adorned in a traditional Native American feather headdress. It is along the ribbon dangling near the hair where the elusive initial resides. The reverse features a clean and bold presentation, centering the denomination ONE CENT within a protective, stylized wreath. This piece, graded in Fine condition, offers a tangible look at early American copper engraving and the delicate artistry of the era's coin designers.

Fair market value

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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.

Specifications

Country United States
Year 1864
Grade Fine
Legal-tender face value 1 Cent
Metal Copper
Weight 0.0000 troy oz
Diameter 19 mm
Thickness 1.50 mm

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