1864 L Variety

That's what it looks like from here, a Snow 1 re-punched date. I just sold one on ebay, not near as nice as yours though. One like that should bring a whole lot more than the 61.00 I got for mine...

There are 3 similar Snow varieties for the 1864 L (S1, S2, S7). All 3 have wide repunching of the 1 and 8, and less on the 6 and 4. S2 can be eliminated because the digits are closer to the bust point than the S1 and S7. The differences between S1 and S7 are very subtle, and have to do with die cracks and lines, and Cuds at various die stages. I cannot see any of these in your photo. Close ups might help. Snow also states that S7 is very rare and hasn't been seen in uncirculated grades. Based on that I would guess your coin to be an S1.

Nice coin. Have you checked out this site yet? http://indiancent.wikispaces.com/
John1

Snow's attribution guide states for
S1 OBV
Die stage A- vert. line to left of date
B- die crack through bottom of "OF AM"
C- die lines & cracks fade, new die crack from
bust point to 'U' in UNITED. Rim Cud above
'IT'
S1 REV die crack from rim at 11:00 through wreath

S7 OBV stage B die crack base of '1' into denticles at 7:00
C rim Cud above 'NIT'

S7 REV B die crack from rim at 11:00 along outer
edge of wreath to 9:00

Hopes this helps, but as I stated before S7 has not been found in uncirculated grades

beaglebailey thanks for the snow details!
DVCollector thanks-you, I graded it MS63, there is luster there I just can't capture in my photo's.

I see what looks to be a die crack going from her bust to the you in UNITED. It also looks like the whole motto is doubled but I could be crazy!

Here is one 20X magnified of the date, and the red arrow shows what I believe to be the die crack?


Here is an image of letters ICA in AMERICA that appear to be doubled.. This is also 20X magnified. The rest of the motto seems to be similarly doubled also