I haven't studied this series enough to know what to look for. I have heard some dealers making a big deal about the "L" on the ribbon before. So is this only pertaining to the 1864? Is the "L" on all IHCs?
Longacre's initial was added late in the year of 1864, therefore most 1864 IHC's do not have the "L" thus making a 1864 IHC with the "L" slightly more rare. all IHC's after 1864 have the "L".
my 1909 IHC in my 7070 album has a Large "L" over small "L" on its head band, there was a question about it in this thread awhile back and I showed a picture of it https://goccf.com/t/32694&whichpage...chTerms=1909
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