The 1864 Indian Head Penny, also known as the Indian Head Cent, is a key piece in American numismatic history, first minted in 1859. This particular coin features the iconic depiction of Lady Liberty adorned with a Native American headdress on the obverse and a laurel wreath encircling the denomination on the reverse.  

This Extra Fine example showcases intricate details, although it does exhibit some corrosion, which adds to its unique character and historical story. The 1864 Indian Head Cent comes in different varieties, including the standard and the 'L' variety.  

With its timeless design and storied past, the 1864 Indian Head Penny is a must-have for any serious coin collector.