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 Replies: 16 / Views: 2,462 |
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Valued Member
United States
102 Posts |
*** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! ***Why would someone ruin a coin by stamping it? Or is there a purpose that I'm missing? Thanks  
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Pillar of the Community
United States
1695 Posts |
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Valued Member
 United States
102 Posts |
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Bedrock of the Community
Australia
21788 Posts |
Probably valued at perhaps 10% of what it would have been without the counter stamp.
Still an interesting piece.
My guess is that the counter stamp was privately commemorating some local event at that date, maybe a County Fair or similar.
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Rest in Peace
United States
18456 Posts |
Believe it or not ,there are counter stamped coin collectors out there . I'm sure someone will be very interested in that one .  |
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Pillar of the Community
United States
5825 Posts |
At least it's a Large Motto.
Doing that to a Small Motto would be a REAL crime.
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Moderator
 United States
54283 Posts |
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Bedrock of the Community
United States
94367 Posts |
Remember that when this was done, the coin wasn't worth all that much.
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Rest in Peace
United States
17900 Posts |
In 1895 an 1864 Two Cent was a common coin. Similar to us counter stamping a 1987 nickel. Who cares? Oh, wait. An 1864 Two Cent is still common. |
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Pillar of the Community
United States
4420 Posts |
Given many years of searching for a counterstamped 1864 small motto Two Cent Piece to complete a set, I found this one ....   I suspect that this may be the mark of William Edson of Boston. During the 1860-70's, he solicited patents. He was likely a member of a masonic order and may have used this coin as an ID, akin to masonic cents. Trivia: One counterstamped, U.S. coin sold for over $4.5 million .... a 1787 Brasher doubloon, stamped with an E.B. hallmark. |
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Moderator
United States
189340 Posts |
Very interesting counterstamp.
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Bedrock of the Community
United States
20753 Posts |
I never could figure out why anyone would spend time doing that.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Trivia: One counterstamped, U.S. coin sold for over $4.5 million .... a 1787 Brasher doubloon, stamped with an E.B. hallmark. Second highest sold for $3,290,000. |
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Pillar of the Community
United States
1315 Posts |
It's not like it was done recently. How many of us have defaced a coin in change, probably most of us.
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Pillar of the Community
United States
655 Posts |
You'd think they would've stamped some other worthless metal instead. Back then, 2 cents could get you a snack and a drink or a loaf of bread.
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Bedrock of the Community
United States
17884 Posts |
And after counterstamping, it still would. But when you wanted stamp or test your punch a coin was readily available, and you're not damaging something you want to keep, so stamp & spend.
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Replies: 16 / Views: 2,462 |
Posted 02/16/2018 07:12 am
