The slab shows wear and a couple of chips out of the outer ring. You can see it in the photos but the coin is secure.
Very rare piece for your collection. The item "1864-L Indian Head Cent NGC MS-61 BN RPD FS-2304 S-5" is in sale since Tuesday, April 30, 2019. This item is in the category "Coins & Paper Money\Coins\ US\Small Cents\Indian Head (1859-1909)". The seller is "ovaltrack" and is located in Rogersville, Missouri.
This item can be shipped to United States.