1864 1C L on Ribbon, RB MS (PCGS#2080)
November 2021 Baltimore U.S. Coins auction
- 拍卖行
- Stack's Bowers
- 批号
- 1160
- 等级
- MS66RB
- 价格
- 53,517
- 详细说明
- 1864 Indian Cent. Bronze. L on Ribbon. MS-66 RB (PCGS). CAC.
This gorgeous premium Gem is fully lustrous, sharply struck, and exceptionally well preserved. More Red than Brown, as well, we note only light iridescent toning to dominant golden-apricot color. The L on Ribbon represents a redesign of the basic Indian cent motif by James Barton Longacre, who added his initial L to the lower ribbon between the last feather in the headdress and the adjacent hair curl. Numismatic scholars do not know either when the L on Ribbon type was placed into production or exactly how many pieces were produced. The total circulation strike mintage of 1864 bronze cents is 39,233,714 pieces, with Rick Snow (2014) providing an estimated mintage of 5 million coins for this variety given the scarcity of examples relative to those of its No L counterpart. With most survivors well worn and the typical Uncirculated example grading no finer than MS-64 RB this upper end Gem represents an important bidding opportunity for the quality conscious Indian cent enthusiast.
Provenance: From the Collection of Dr. Frances W. Constable.
PCGS Population: 16; 3 finer in this category (MS-67 RB finest).
PCGS# 2080. NGC ID: 227M.
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