1864 1C L on Ribbon, RB MS(PCGS#2080)

May 2019 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1018

等级

MS66+RB

价格

49,748

详细说明

Exceptional 1864 L on Ribbon Indian Cent Rare Premium Gem Mint State Quality 1864 Indian Cent. Bronze. L on Ribbon. MS-66+ RB (PCGS). This is a remarkably well preserved, highly attractive example of a scarce Indian cent hub variety. Lovely surfaces exhibit warm rose-apricot peripheral toning around lighter champagne-gold centers. Striking detail is razor sharp throughout, and the surfaces are as nice as would be expected for the assigned grade, with intense satin luster. Very close to both Superb Gem quality and a full Red designation, this premium example is sure attract strong bids. 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. Lovely! PCGS Population: 2; 0 finer in this category. PCGS# 2080. NGC ID: 227M. Click here for certification details from PCGS.