SOLD
1,400.00USDto floor+ buyer's premium
This item SOLD at 2020 May 18 @ 21:56UTC-04:00 : AST/EDT
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***Auction Highlight*** 1864 L Indian Cent 1c Graded Choice+ Unc RD By USCG. Very scarce 1864 L on ribbon Indian cent variety. According to David Hall, “The 1864-L is scarce in circulated grades and very scarce in mint state. However, its price has as much to do with its popularity and importance to collectors as it does with its scarcity. All 1864-L Indian cents have a pointed bust on Ms. Liberty, while the no L’s have a rounded bust. So sometimes low grades are designated (correctly) as L’s even if you can't really see the L.
Up for auction is a very attractive and very popular 1864 L on Ribbon. Per David Hall of PCGS “The 1864 Indian cent with the L on the ribbon is one of the most famous U.S. cent varieties. The L is the designer's (James Longacre) initials. The 1859 to 1864 copper-nickel Indian cents did not have the designer's initials. And most of the 39,233,714 1864 bronze Indian cents also lack the initials. Towards the end of the year, the designer's initials were added to the ribbon on the obverse, creating a variety that has been very popular with collectors ever since. The designer's initials remain on the ribbon through the end of the series in 1909. The 1864-L is scarce in circulated grades and very scarce in mint state.” A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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