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

December 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2115

等级

MS66RD

价格

114,043

详细说明

Exquisite 1864 L on Ribbon Cent 1864 Indian Cent. Bronze. L on Ribbon. MS-66 RD (PCGS). The vivid color and strong eye appeal seen in this coin are far more prevalent on late date Indian cents than they are on an early bronze issue such as the 1864 L on Ribbon. Satiny surfaces are bathed in a blend of beautiful pinkish-rose and pale orange colors. Both sides are silky smooth in appearance and allow full appreciation of razor sharp striking detail. 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! There is a prominent, lengthy scratch on the back of the PCGS slab, making this coin a candidate for reholdering should the winning bidder choose to pursue that option with PCGS. PCGS Population: 8; with a single MS-66+ RD finer in this category. PCGS# 2081. NGC ID: 227M. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.