1864 1C L on Ribbon, RD MS(PCGS#2081)

1864 1C L on Ribbon, RD MS (PCGS#2081)

August 2021 ANA U.S. Coins Auction

详细说明: 1864 Indian Cent. Bronze. L on Ribbon. MS-65 RD (PCGS). Deep orange color with iridescent apricot and a few streaks of pale rose, this is a breathtakingly beautiful example of an eagerly sought Indian cent variety. Striking detail is sharp throughout, and both the color and surface quality are far superior to what are typically offered in Mint State 1864 L on Ribbon cents. 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 full Red Gem represents an important bidding opportunity for the quality conscious Indian cent enthusiast. Lovely! Provenance: From the Silver Springs Collection. PCGS Population: 37; 13 finer in this category (MS-66+ RD finest). PCGS# 2081. NGC ID: 227M. Click here for certification details from PCGS.