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Reason For Counterstamping?

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edgman's Avatar
United States
402 Posts
 Posted 10/06/2012  5:07 pm Show Profile   Bookmark this topic Add edgman to your friends list Get a Link to this Message Number of Subscribers
Searching ebay I see so many of these coins for this era counter stamped. What was the purpose? I could see if they were going to keep the coins permanently but sooner or later those coins would probably wind up in someone else's hands. Little discussion by you experts on this please.

Reason-For-Counterstamping? Reason-For-Counterstamping?


edgman
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/06/2012  5:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Business advertising. Coinage was far less likely to move out of town in those days, so the counterstamp would remain a recognizable business name. Free word-of-mouth.
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basebal21's Avatar
13014 Posts
 Posted 10/06/2012  5:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Or political reasons. Theres countless reasons really and the whole idea was to spend it and get it circulating so as many people as possible would see it
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 10/06/2012  8:25 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Yup, advertising, or for a gift. Havent seen counterstamping that wasnt one of the two, put I have been proven wrong before.
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unholyroller's Avatar
United States
1903 Posts
 Posted 10/06/2012  9:49 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
In a semi related sense...which may have played a roll...Fans of Clemson Football, when they make road trips to games pay for everything with $2 bills so they make it apparent to the "home" city the impact they have on the local economy. May have been something similar...not football mind you...but as a way to show that the stamped entity has an impact on the local economy.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 10/06/2012  11:18 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Hmmm, thats a good point. Never thought about it that way before.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 10/06/2012  11:21 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
The only counterstamped coin I have is a 1857 Upper Canada Penny marked as follows;

W J.HOC PEI
MAKER
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ExoGuy's Avatar
United States
4420 Posts
 Posted 10/07/2012  10:47 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
This question was posed some months ago, and here's my reply:

Here's a link to one of my favorite articles about counterstamps:

http://earlyusquarters.com/ARTICLES...icalpast.pdf

Advertising goods and services was the principal reason for counterstamping coins. The above article illustrates and discusses a handful of those truly classic counterstamps. You'll note that the article describes some political and government generated counterstamps, too.

There were a good many other reasons that coins were counterstamped, and I've not as yet seen a comprehensive listing of all plausible reasons, yet Brunk and Rulau cite a good many in their work. Here are some reasons that collecting experience has brought to my mind:

- To serve as an ID of a maker's mark (gunsmith - such as my avatar, silversmith, etc.)

- To serve as a check (hat check, return of repaired item like a watch, etc.)

- To serve as a counter (card game like whist, etc.}

- To serve as a personal ID (Masonic Penny, other, etc.)

- To gain admission (Pay at the door, receive c/s)

- As a prize or gift (Used as promotion for a show)

- To test newly made punches

- As tool checks for workmen to assure return of borrowed tool

- As a memento (personal, political, historic ... e.g. - McKinley's Funeral Train)

- To illustrate a patent mark on a product, invention

- To illustrate a relationship between two or more individuals (working, fraternal, etc.}

- To indicate a work tally, serve as a product counter (bucket, tray filled, number produced, etc.)

- To test for metal's purity, plating (chopmarks ...)

- To indicate a business successor (c/s on token)

- Use as a security device (to ID stolen property)

- To alter denomination or worth (national or private)

- To serve as a transportation or travel token

- Whimsy ...

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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 10/08/2012  10:38 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
WOW! Thats quite a list, thanks for sharing!
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dfg04's Avatar
United States
116 Posts
 Posted 10/08/2012  11:45 am  Show Profile   Bookmark this reply Add dfg04 to your friends list Get a Link to this Reply
I never understood it either. But I do undertsand the whole novelty idea. for presidential races to appolo.

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edgman's Avatar
United States
402 Posts
 Posted 10/08/2012  11:45 am  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
That is quite a list. Thanks to all you responders (that's a neat word) I now have a more open attitude about counter stamping rather than being P****d off because someone ruined a good coin. Almost as bad as drilling a hole through them.

Thanks again

edgman

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ExoGuy's Avatar
United States
4420 Posts
 Posted 10/08/2012  12:20 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
IMHO, the realm of counterstamped coins is one of the final frontiers of numismatics. There's ever so much to be learned and recorded about them.

My avatar is a personal favorite. Lemuel Pomeroy was a gunsmith in Pittsfield, Mass. He made rifles under government contract for the state militia. The marks on the coin were also applied to his products. The JC mark is likely that of an inspector. Perhaps, this large cent was used to compare and thus confirm the issued rifles? Only a handful of Pomeroy counterstamps are known.
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Dave H's Avatar
United States
1436 Posts
 Posted 10/08/2012  1:22 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
As in the same vein as chop marks, most collectors either love or hate them. Although C/Ms & C/Ss damage the coins, it sure leaves something to the imagination as to who/why/when the coin was marked. I personally love C/M & C/S coins, but only own a few...
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