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1864 Bronze L Indian Head penny value guide -- the designer's-initial variety, and grade-by-grade prices.
Condition drives the price — full breakdown below.
1864 was the year the composition switched from copper-nickel to bronze mid-year, and the bronze issue added designer James B. Longacre's initial "L" to the ribbon on Liberty's headdress.
The source's mintage for 1864 bronze covers all varieties combined (No L + With L) at 39,233,714 -- individual mintage for the With-L variety alone is not separately broken out.
Live listings matching the 1864 Bronze Indian Head Penny
Other dates and varieties in this series
What to check before you pay, specific to this date.
The same date runs from about $73 worn to $721 at the top of the scale — a 10× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.
A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.
Every Indian Head Penny listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.
About the 1864 Bronze Indian Head Penny
Value depends heavily on condition. A well-worn example brings closer to $73, while an uncirculated one can reach $721 or more.
1864 was the year the composition switched from copper-nickel to bronze mid-year, and the bronze issue added designer James B. Longacre's initial "L" to the ribbon on Liberty's headdress.
For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.
The rest of the series, with what each is worth at the top of the grade scale.
List it free on PeerMetals — flat 2.75% seller fee, zero listing fees, 1–3 day payouts.
