As of May, 2024, a 1864 Penny L On Ribbon, RB in uncirculated specimen can be valued between $22,500.00 and $165,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $161,000.00 in the 10/13/2011 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: James Barton Longacre
Edge: Plain
Diameter: 19.00 millimeters
Weight: 3.11 grams
Mintage: 35
Mint: Philadelphia
Metal: 95% Copper, 5% Tin and Zinc
Series: Indian Cents 1859-1909

1864 Penny L On Ribbon, Rb (Proof) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

GradePrice($)
MS-66165,000.00
MS-65+125,000.00
MS-6595,000.00
MS-64+70,000.00
MS-6461,500.00
MS-63+46,000.00
MS-6342,500.00
MS-62+27,000.00
MS-6222,500.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State22,500.00165,000.0072,722.22

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1864 Indian Cent. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1864 Penny Bronze, BN (Regular Strike)10.00205.00210.004,500.00
1864 Penny L on Ribbon, BN (Regular Strike)50.00455.00470.005,000.00
1864 Penny Copper-Nickel (Regular Strike)14.00250.00260.0037,500.00
1864 Penny Copper Nickel (Proof)N/AN/A425.0019,500.00
1864 Penny Bronze, BN (Proof)N/AN/A425.007,500.00
1864 Penny L On Ribbon, BN (Proof)8,250.008,500.0058,000.00140,000.00
1864 Penny L on Ribbon, RD (Regular Strike)N/AN/A550.0065,000.00
1864-L Penny RPD FS-2301, S-1 L On Ribbon, BN (Regular Strike)50.00560.00600.001,400.00
1864 Penny DDO FS-1101 S-4 Bronze, BN (Regular Strike)30.00665.00700.001,500.00
1864 Penny RPD FS-2301, S-1 L On Ribbon, RB (Regular Strike)N/AN/A625.002,000.00
1864 Penny DDO FS-1101 S-4 (006.47), RB (Regular Strike)N/AN/A675.001,750.00
1864-L Penny RPD FS-2305, S-2 L On Ribbon, BN (Regular Strike)50.00505.00550.001,175.00
1864 Penny RPD FS-1301 S-2 (006.48), BN (Regular Strike)38.00300.00325.001,000.00
1864 Penny Bronze, RB (Regular Strike)N/AN/A180.002,500.00
1864 Penny RPD FS-2305 S-2, RB (Regular Strike)N/AN/A650.008,000.00
1864 Penny Bronze, RD (Regular Strike)N/AN/A200.0035,000.00
1864 Penny RPD FS-1301 S-2 (006.48), RB (Regular Strike)N/AN/A375.001,350.00
1864 Penny L on Ribbon, RB (Regular Strike)N/AN/A525.0020,500.00
1864 Penny RPD FS-2304 S-5 (006.5), BN (Regular Strike)100.00515.00550.001,400.00
1864 Penny RPD FS-2302, S-3 L On Ribbon, BN (Regular Strike)100.00600.00625.006,250.00
1864 Penny RPD FS-2304 S-5 (006.5), RB (Regular Strike)N/AN/A750.002,150.00
1864 Penny RPD FS-2302 S-3 (006.71), RB (Regular Strike)N/AN/A650.001,400.00
1864 Penny RPD FS-2304 S-5 (006.5), RD (Regular Strike)N/AN/A1,250.0034,000.00
1864 Penny RPD FS-2302 S-3 (006.71), RD (Regular Strike)N/AN/A1,250.002,750.00
1864 Penny w/ “L” RPD FS-2306, S-10, BN (Regular Strike)70.00525.00550.001,250.00
1864 Penny RPD FS-2303 S-4 L On Ribbon, BN (Regular Strike)75.00560.00575.001,100.00
1864 Penny RPD FS-2306, S-10 L On Ribbon, RB (Regular Strike)N/AN/A635.001,400.00
1864 Penny RPD FS-2306, S-10 L On Ribbon, RD (Regular Strike)N/AN/A11,000.0012,500.00
1864 Penny Copper Nickel, CAM (Proof)N/AN/A450.0025,000.00
1864 Penny Copper Nickel, DCAM (Proof)N/AN/A1,900.0012,500.00
1864 Penny Bronze, RB (Proof)N/AN/A1,500.0014,000.00
1864 Penny Bronze, RD (Proof)N/AN/A500.0020,000.00
1864 Penny Bronze, CAM (Proof)N/AN/A1,600.0037,500.00
1864 Penny Bronze, DCAM (Proof)N/AN/A21,000.0021,000.00
1864 Penny L On Ribbon, RD (Proof)N/AN/A50,000.00125,000.00
1864 Penny L On Ribbon, CAM (Proof)N/AN/A72,500.00175,000.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1864 Penny L On Ribbon, Rb (Proof) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:
1m 6m 1y 3y All

$31,900.00

Lowest Sale Price
$63,250.00

Highest Sale Price
$47,154.48

Average Sale Price
$32,400.00

Most Recent Sale Price
17

Number of Sales
$801,626.20

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-6570,500.00161,000.00108,892.86
MS-6431,900.0063,250.0047,154.48
MS-6333,600.0055,000.0044,300.00

The chart shows the min and max prices for the 1864 Penny L On Ribbon, RB (Proof) coin across various grades from MS-63 to MS-65. The prices generally increase as the grade improves, with MS-65 having the highest max price $161,000.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1864 Penny L On Ribbon, RB (Proof).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1864 Penny L On Ribbon, RB (Proof) coin. Heritage Auctions dominates with 61.54% share, followed by Stack's Bowers / Bowers & Merena with 15.38% / 7.69% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1864 Penny L On Ribbon, RB (Proof) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
MS-64NGCHeritage Auctions32,400.0001/14/2024
MS-64NGCHeritage Auctions36,001.2007/23/2023
MS-64NGCHeritage Auctions52,800.0005/07/2023
MS-64PCGSHeritage Auctions45,600.0010/10/2021
MS-64PCGSStack's Bowers46,800.0005/29/2019
MS-63PCGSStack's Bowers33,600.0008/22/2018
MS-64NGCHeritage Auctions45,600.0001/03/2018
MS-64PCGSHeritage Auctions58,750.0008/10/2016
MS-65PCGSStack's Bowers79,312.5008/09/2016
MS-65PCGSStack's Bowers70,500.0008/12/2015
MS-65PCGSHeritage Auctions108,687.5005/12/2015
MS-65PCGSHeritage Auctions111,625.0001/07/2015
MS-64NGCHeritage Auctions41,125.0002/03/2014
MS-64PCGSHeritage Auctions47,000.0001/08/2014
MS-64NGCHeritage Auctions58,750.0012/05/2013
MS-65PCGSHeritage Auctions135,125.0008/02/2012
MS-65PCGSHeritage Auctions161,000.0010/13/2011
MS-64PCGSHeritage Auctions63,250.0007/01/2008
MS-64NGCHeritage Auctions46,000.0009/01/2005
MS-63PCGSAmerican Numismatic Rarities55,000.0001/10/2005
MS-64NGCDavid Lawrence RC47,150.0011/28/2004
MS-64PCGSHeritage Auctions52,900.0001/01/2003
MS-64PCGSSuperior Galleries48,300.0005/01/1999
MS-65PCGSBowers & Merena96,000.0001/05/1999
MS-64NONEStack's31,900.0010/01/1992
MS-64NONEBowers & Merena47,300.0010/01/1987