1864 Indian Head Cent – L on Ribbon – NGC AU53 BN – Bronze U.S. One Cent CoinDescription: The 1864 Indian Head Cent with the L on Ribbon variety, certified by NGC as AU53 BN (Brown), is a scarce Civil Warera issue. Distinguished by designer James B. Longacres initial L on Libertys ribbon the first U. S. coin to carry a designers initial this bronze cent marked a pivotal change in U. S. coinage as the Mint transitioned away from copper nickel. With attractive brown surfaces and strong detail for the grade, this coin is a