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 Replies: 11 / Views: 391 |
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Pillar of the Community
United States
3809 Posts |
The mate to my avatar is up for bids on eBay, and the auction closes today. (It's not my coin.) There are but two of this variety known, Brunk # P-573. This is a good example of how a known counterstamp can greatly increase the value of a virtually worthless coin in basal state. Here's the auction: https://www.ebay.com/itm/133643516839Lemuel Pomeroy was a gunsmith who fulfilled government contracts for militia rifles. He was located in Pittsfield, Massachusetts. His L.POMEROY name stamp on the coin matches that on his surviving rifles. BTW, the seller notes an IC mark that is clearly JC on my example. This was possibly the mark of James Carrington, a U.S. arms inspector.   Edited by ExoGuy
01/27/2021 12:01 pm
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Moderator
United States
96035 Posts |
Very interesting!  |
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Valued Member
United States
439 Posts |
Looks like plenty of bidding interest on it. Very interesting (to me).
I'll watch it.
Thanks for posting.
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Pillar of the Community
United States
4560 Posts |
Wow. Lots of bidding activity. Cool that it's the mate to your avatar. With so few examples out there I'll be really interested in what it goes for. |
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Pillar of the Community
United States
1336 Posts |
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Pillar of the Community
United States
3809 Posts |
Happy to see there's some interest in this post, I am. Auction records tend to be the best way to gauge market value on exonumia. One problem is that there are so few surviving examples of the great majority of counterstamped coins that auction prices can go crazy at times. Last summer, I acquired a c/s (about a dozen known) that had been on my want list for 25 years. On the plus side, there are no album holes to fill!  |
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Pillar of the Community
United States
7634 Posts |
I think it might reach $375 to $425 range. It sure is a neat piece with a good clear C/S on it. A neat piece for sure, the fact the same C/S stamp is used on rifles of the era might make it worth even more to a gun/military collector as well.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
3809 Posts |
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Pillar of the Community
United States
7809 Posts |
Have you ever tried to acquire one of his rifles ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
3809 Posts |
Quote:
Have you ever tried to acquire one of his rifles ? No, I haven't. I have some three dozen or more gunsmith c/s's, and purchasing firearms with matching marks would be quite costly and cumbersome. That said, I do have many pieces of silverware and cutlery that bear marks matching silversmith and cutler c/s's. I also enjoy finding early daguerreotypes/ambrotypes that bear matching coin stampings. These smaller go-alongs don't take up as much room in the man cave.  Just having a photo of a given firearm's mark helps make a slam-dunk attribution for a counterstamp. The same holds true for the silversmith hallmarks, yet the silverware tends to be quite affordable; this, even though the utensils are predominantly pre-Civil War issue.
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Pillar of the Community
United States
7634 Posts |
Well to say I was just a bit off the final price. It went for a nice price I think. I had missed it was an ex-Bowers collection coin, I would have upped my estimate by $80-100 more, and I would have still been on the low side. Impressive and Exo a neat piece as a companion to yours. Thanks for sharing this.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
3809 Posts |
@ Westcoin .... There are buyers for whom provenance is desirable, but I'm not one of them. That said, I do happen to have many pieces that once resided in notable collections. Many of mine came from Bowers' boxes via a notable exonumia dealer who was peddling them on the Q-T for some years. I was surprised that Dave never attributed many of his "maverick" c/s's that I was able to later peg. My guess is that Dave's time was more focused on the higher priced material that routinely passed through his hands.
Getting back to the subject coin, the strong bidding may be somewhat due to the fact that this specimen was a plate coin in Brunk's book. One can't be too fussy about acquiring rare c/s's on basal state coins, but readily identified host coins are certainly preferable for most collectors.
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Replies: 11 / Views: 391 |
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Posted 01/27/2021 11:35 am
