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India 2 Annas 1877 - Plugged Or Countermarked ?

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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 08/18/2012  8:01 pm Show Profile   Bookmark this topic Add Pertinax to your friends list Get a Link to this Message Number of Subscribers
Here's a pretty little India 2 annas 1877, weight 1.48g.



In the centre of the reverse is what I thought was a plug but it doesn't go right through.

Could it be a countermark ?

India-2-Annas-1877---Plugged-Or-Countermarked-?

India-2-Annas-1877---Plugged-Or-Countermarked-?

Here's the centre:


India-2-Annas-1877---Plugged-Or-Countermarked-?
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 08/19/2012  02:04 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I think drilled and plugged, probably by an Indian jeweler.

I often see small American small silver of the 19th Century that has been holed, most probably for jewelry purposes.
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Bacchus2's Avatar
United Kingdom
2881 Posts
 Posted 08/19/2012  03:53 am  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
It could be that somebody had it turned into a button at one time.
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 08/19/2012  06:30 am  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
sel_69l,
Your reply interests me, as I too have bits of jewellery incorporating 19th century US silver

for example, an 1875 20c in VF20 with a small hole fortunately missing most of the design,
an 1856 dime in EF with a hole to the left of the date.

Can I sell them as they are ?
If so what percentage of the numismatic value should I expect to get (say on ebay) ?

Should I attempt to restore these coins ?
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Pertinax's Avatar
United Kingdom
2133 Posts
 Posted 08/19/2012  06:33 am  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
Bacchus2,
That's a good point, I hadn't thought of a button, and we do see old clothes sometimes with Indian coins as silver buttons.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 08/19/2012  07:45 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Pertinax:
Unfortunately, they are impossible to restore, with the type of damage they have sustained.
As they are, they are worth only a small fraction of what they would have, without damage, for a coin in otherwise similar condition.

As a parallel example, may years ago, I bought a Roman gold Aureus of Claudius, with the 'IMPER.RECEPT' Praetorian Camp reverse in about VF condition, from Spink's in London. The coin had a grievous test cut through Claudius' head, and I was able to purchase the coin for 1/10th of the cost, relative to the equivalent undamaged coin. ( not much above gold value)
I wrote to Spink's, asking if it could be repaired. The answer was that it would most probably be worse than if I did NOT to repair it. I took that advice.
I sold it to a coin dealer buddy of mine for his personal collection, about 30 years ago, for only a few more dollars than what I paid for it. He still has it
An otherwise magnificent coin.
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