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The 1864 L on Ribbon Variety is popular and desired among its series and denomination as a whole. The L stands for Longacre, the designer of the coin. Very tough issue to locate in all grades and very scarce when uncirculated. The color designations see a gradual increase in value up to Red, which is quite rare.
Obverse Description
A portrait bearing the likeness of a Native American in full headdress framed by the words UNITED STATES OF AMERICA around the periphery. The date is centered at the bottom under the portrait.
Reverse Description
The reverse bears the denomination of ONE CENT in the center surrounded by a wreath bearing a ribbon with arrows tied in at the bottom center.
Catalog Information
GSID:
285540
Designer:
James B. Longacre
Obverse Designer:
James B. Longacre
Obverse Lettering:
UNITED STATES OF AMERICA, 1864, L
Reverse Designer:
James B. Longacre
Reverse Lettering:
ONE CENT
Weight (gr):
3.11 gr
Weight (oz):
0.11 oz
Strike Type:
Business
Diameter:
19
Coin Shape:
Round
Edge:
Plain
Variety:
L on Ribbon, Repunched Date
Variety 2:
FS-2306, S-10
Coin Date:
1864
Denomination:
1c
Designation:
MS
Mint Location:
Philadelphia
Mintage:
39,233,714
Coinage Type:
Indian Head Cent
Coinage Years:
1864-1909
Composition:
95% copper; 5% zinc & tin
PCGS #:
37419
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Subject: I would like to contribute catalog info to CDN for 1864 1c L on Ribbon, Repunched Date, FS-2306, S-10 MS RD
Body: Referring page: http://www.greysheet.com/prices/item/1864-red-surfaces-l-on-ribbon-united-states-indian-cent-repunched-date-fs-2306-snow-10/gsid/285540 GSID: 285540 Title: 1864 1c L on Ribbon, Repunched Date, FS-2306, S-10 MS RD
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Coin Value History
1864 1c L on Ribbon, Repunched Date, FS-2306, S-10 MS RD
Value By Grade
1864 1c L on Ribbon, Repunched Date, FS-2306, S-10 MS RD
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS66 |
|
$29,500 | $1,234 |
| MS66 | - | $24,500 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
Indian Head Cent 1c 1859, Reverse of 1858 MS [Type]
![Indian Head Cent 1c 1859, Reverse of 1858 MS [Type]](https://images.greysheet.com/ctc/catalog/Indian-Cent.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $8 – $27,500
1859 1c MS
Worth: $8 – $27,500
Indian Head Cent 1c Copper Nickel, 1860-1864 MS [Type]
![Indian Head Cent 1c Copper Nickel, 1860-1864 MS [Type]](https://images.greysheet.com/ctc/catalog/1863-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $7 – $72,000
1860 1c Round Bust MS
Worth: $8 – $22,000
1860 1c Pointed Bust MS
Worth: $16 – $28,800
1861 1c MS
Worth: $20 – $72,000
1862 1c MS
Worth: $7 – $72,000
1863 1c MS
Worth: $7 – $18,750
1864 1c Copper Nickel MS
Worth: $16 – $20,000
Indian Head Cent 1c Bronze, 1864-1909 MS BN [Type]
![Indian Head Cent 1c Bronze, 1864-1909 MS BN [Type]](https://images.greysheet.com/Ctc/CatalogEntry/auctions_stacksbowers_com_lots_view_3_j4gae-0.20200712022457246.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $1 – $1,688
Indian Head Cent 1c Bronze, 1864-1909 MS RB [Type]
![Indian Head Cent 1c Bronze, 1864-1909 MS RB [Type]](https://images.greysheet.com/ProductImages/DLRC/981xxx/b7d2ef71-9a5a-4a36-8889-23a25d97c412.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $44 – $2,000
Indian Head Cent 1c Bronze, 1864-1909 MS RD [Type]
![Indian Head Cent 1c Bronze, 1864-1909 MS RD [Type]](https://images.greysheet.com/ctc/catalog/1899RedIndian.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $110 – $120,000
1864 1c Bronze MS BN
Worth: $10 – $625
1864 1c Bronze MS RB
Worth: $160 – $11,500
1864 1c Bronze MS RD
Worth: $300 – $18,000
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Events
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Location: Heritage Auctions
Tuesday, September 1, 2026
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Tuesday, September 1, 2026
Heritage Auctions: World & Ancient Coins ANA Signature Auction & Platinum Session
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Tuesday, September 1, 2026