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Pillar of the Community
United States
1316 Posts |
There is a market for some countermarked coins. Some business, for example, would mark coins as to make tokens of sorts with their initials of even full name. If they can be identifiable to a place / person / event etc, there is a niche market that chases these and there can be a premium. Another form of this are the chopmarked coins like Spanish Colonial 8 Reales and US Trade dollars with Chinese character marks. These can also be collectable. Either way, its form of "post mint damage"; its just that in these cases where the mark is more identifiable, the market sometimes views the marks more as a part of the coins history and travels and not just damage. In your case, if unable to identify the mark, the market may view the coins simply as damaged, albeit interesting damage, and the value of the piece might be as "cull", and the value is really just its silver content with a small " Morgan dollar Premium" of a few bucks. Being found in Montana, any chance its a CC, Carson City minted dollar? Those carry a premium. (You didn't show the reverse, so I have to ask.)
Edited by Collects82 12/01/2022 9:14 pm
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Pillar of the Community
 United States
2340 Posts |
Was kinda wondering the same thing...? Any chance you can give us a pic of the reverse...? Thanks for sharing! smat
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Valued Member
 United States
100 Posts |
Its my new luck (so far not seeing the luck) coin. I keep it in my pocket. Here is the back, I do believe there is unsuaul about it.....? Love all the feedback and information, thank you!! 
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Pillar of the Community
United States
1316 Posts |
This has the little O under the eagle for New Orleans. Unfortunately, a well worn 1883-O is considered a common. Its the type of coin a dealer would have in a bin and sold as a commodity for silver+a few bucks, maybe at around $30, plus or minus a couple bucks. Unless the countermark can be attributed, this is worth a little less than that as a cull IMO.
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Valued Member
 United States
100 Posts |
I paid $30, luckily it was purchased because I like the character. Thanks!
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Moderator
 United States
15471 Posts |
 to the CCF
Take a look at my other hobby ... http://www.jk-dk.art
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Valued Member
 United States
100 Posts |
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Pillar of the Community
United States
4418 Posts |
 to the CCF. Note that my avatar has an 1826 date that's counterstamped on the host coin. There's also an eagle pictorial and the name, L. POMEROY. This additional info is what greatly enhances the value of this damaged coin. Lemuel Pomeroy of Pittsfield, Mass, was a gunsmith. He manufactured rifles for the state militia. The markings on the coin match those on his 1826 model rifles. Adding history to counterstamped coins is what enhances their importance and value. When buying counterstamps, it's best to seek out examples that offer clues about their origin (city, state, occupation, address, etc.). Happy hunting! 
Edited by ExoGuy 12/02/2022 2:44 pm
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Valued Member
 United States
100 Posts |
Awesome, that's a cool story to your coin. You folks me interested in finding more with stamps.
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Pillar of the Community
United States
4418 Posts |
Quote: You folks (GOT) me interested in finding more with stamps. Fortunately, THE best book on counterstamps by Greg Brunk can now be read and referenced FREE, online. Note that there's presently a donation drive by the website. If a window seeking same pops up, simply close it. Also note that the full page(s) can be viewed by clicking on the appropriate button. This is a GREAT research site!! Here's the link .... https://archive.org/details/2006mer...145/mode/1up
Edited by ExoGuy 12/02/2022 3:50 pm
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Valued Member
 United States
100 Posts |
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Bedrock of the Community
 United States
25413 Posts |
Archive.org is a fantastic site. I use it daily to listen to Grateful Dead concerts from this day in history. The wealth of information they make available is simply incredible. I support them financially, but still get the funding request ads.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
8517 Posts |
Looks like a Morgan the Duttons picked up on the way to Montana .
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Valued Member
 United States
100 Posts |
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Pillar of the Community
 United States
3652 Posts |
 to the forum, and an interesting find you have there. Kind of curious that whoever did it simply counterstamped it with the date of the coin. However, now that I think of it, maybe it was someone like me who has a bit of OCD - if I was testing numeric punches on a coin, that would likely be what I'd do... 
Edited by hokiefan_82 12/03/2022 11:28 pm
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