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Replies: 8 / Views: 1,627 |
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Pillar of the Community
United States
2200 Posts |
When I first began collecting coins, I started with Lincolns and then, since my dad had some IHC folders, I looked in Indians. I soon learned about the rare 1864L cent. But ever since I've been on this website, I don't think I've ever seen anyone mention it. Is this a real key or a semi-key? How do IHC collectors regard it? Please fill me in.
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Pillar of the Community
United States
1261 Posts |
Thousānds exist. It's price is higher because of its popularity as a variety but it isn't hard to locate.
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Bedrock of the Community
United States
94367 Posts |
It is not really rare at all, with a mintage exceeding the later issues of 1871, 1872, 1877, and 1908/1909-S. But they were the first to carry the "L", and they were released without fanfare along with the no-L version, and so few escaped circulation, accounting for their high prices today in the upper grade levels. There's always one available in any grade for those looking. 
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Bedrock of the Community
13014 Posts |
Civil war variety, it's pretty popular overall. Quote: There's always one available in any grade for those looking. Which can be said about the overwhelming majority of small cents
Edited by basebal21 04/22/2018 7:31 pm
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Pillar of the Community
 United States
2200 Posts |
I have one in VF/XF condition and a close double strike, to boot.
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Rest in Peace
United States
17900 Posts |
The only small cent that's truly scarce is the 56 Flying Eagle. All others, even 09-S VDB, 1877, 14-D, etc only require cash to buy one.
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Pillar of the Community
United States
4211 Posts |
It is estimated that around 5 million were minted with the L on the ribbon of the almost 40 million minted. It was a change also not discovered right away by the public and also a great number of these particular coins ended up in England. So those are a few reasons it is difficult to find a nice example. So yes, if you add that variety to your IHC set it would be noted as a semi key coin.
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Bedrock of the Community
United States
20753 Posts |
The L is so faint many people may have one and not know it.
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Pillar of the Community
United States
6370 Posts |
A coin is not rare unless you have to wait a good while for an example to show up.
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Replies: 8 / Views: 1,627 |
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