1864 Indian Head Cent : No L

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):

The 1864 "No L" Indian Head Cent (Penny) variety features the absence of the "L" initial on the ribbon behind the Indian head and bottom feather. Depicted in the image shows where the "L" would be located between the arrows behind the Indian Head. This example depicts the coin without the "L".

Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Numismatic portion of the values last updated February 2026, precious metal portion of the values is updated live!

Good (G-4)	Very Good (VG-8)	Fine (F-12)	Very Fine (VF-20)	Extremely Fine (EF-40)	About Uncirculated (AU-50)	Uncirculated (MS-60)	Uncirculated (MS-63)	Proof (PR-63)
$21	$30	$43	$61	$91	$123	$148	$194	$790

USA Coin Book Estimated Value of 1864 Indian Head Penny (No L Variety) is Worth $30 in Average Condition and can be Worth $148 to $194 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $790 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.


MELT VALUE: $0.0423