The "Indian Head" one-cent coin, also known as the "Indian Penny," was produced by the US Mint from 1859 to 1909 at the Philadelphia Mint and 1908-1909 at the San Francisco Mint. Later in 1864 an "L" was added to the ribbon and this resulted in another variety of the 1864 Indian Head penny. The small "L" is located on the ribbon behind the neck where the headband meets the curls of hair. This "L" is the designer's (James B. Longacre) last initial. You can also look at the tip of the bust which is more pointed on this variety than the variety without the "L" on the ribbon. From the Robert M. Overstreet Collection and comes with COA.