Lot 1089
1864. Bronze, with "L". PCGS graded MS-65 Red. Full strike with outstanding luster. Very fewm marks or imperfections. This is a very popular type with the initial "L" for Longacre added to the ribbon below the last feather. The entire design was sharpened by Longacre when the change was made from copper-nickel to bronze planchets. This design change was not officially mandated and was not noticed by numismatists for many years after its mintage. As a result, it was not saved as a scarce type and today is very scarce in high grades. Housed in an Old Green Holder. Pop 33; 4 finer, 1 in 65+, 3 in 66. (PCGS # 2081) Estimated Value $4,000 - 4,500
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| Realized $3,795 |
