Probably 99.9% of random, counterstamped initials like those on the subject coin will forever remain unattributed "maverick" pieces. The person who stamps coins in such a misaligned letter fashion typically does so for whimsy and/or personal reasons.
The counterstamps that are most valued by serious collectors offer glimpses of history, relating to certain individuals, certain places, occupations, events, causes, etc. Many sellers of counterstamped coins often make up or convey hearsay stories to draw attention to their wares. Counterstamped coins, mavericks in particular, often fall prey to this manner of deception. Here's a prime example ....
About a year ago, an article was published in The Numismatist
. The writers mused that a coin stamped with the initials W.E.G.
could have belonged to the famous nineteenth century statesman, William E. Gladstone. the meat of the article was about Gladstone and his place in history. There was not a scintilla of evidence offered that might possibly connect Gladstone to this counterstamped coin. In closing the article, the two authors casually acknowledged same.
From my perspective as a serious student of counterstamps, the only thing worse than the article, itself, was the fact that America's premier coin journal published this bogus article. Furthermore false information about counterstamps was conveyed therein.
Now that the article has been published, the owner of this W.E.G
. stamped coin has added a story, unrealistic though it be, to it. The published story will then add value to the coin. IMHO, this practice is FAKE NEWS, numismatic style. BTW, authors of stories, genuine or not, get paid by The Numismatist
There are literally tens of thousands of coins stamped with random initials out there. Let's see, might we connect this J.T.
stamped nickel to say .... John Travolta?