Lot 2468
1864. Bronze, With "L". PCGS graded MS-65 Red PQ CAC Approved. A wonderful specimen. Includes Eagle Eye Photo Seal. Pop 33; 1 in 65+ Red, 3 in 66 Red. A nice bold strike and fully red. A handsome, resolute Gem example with a full strike and outstanding eye appeal. Nearly flawless surfaces. Typically, the dies used to strike the issues this year were used until they almost quite literally fell apart. Finding a gem with surfaces as clean as this full mint Red coin is quite a task. This is one of the most beautiful 1864 With L's there is. It certainly looks better than the typical MS65RD.
The 1864 With L design is a modification made presumably late in the year. With an estimated mintage of about 5 million, this is one of the key dates in the series. This new design with Chief Engraver James B. Longacre's initial "L" on the lower ribbon. All issues after this year have this feature. The portrait was also redesigned, changing back to a narrow bust point style used for the 1859 and 1860 pointed bust issues (PCGS # 2081) .
Estimated Value $5,500 - 6,500.
The Coltrin Family Collection.
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| Realized $6,325 |
