I have a 1970 Lincoln head penny counterstamped with the Boy Scout logo. It's encased in a cardboard sleeve, with the words: 'Scout 15' handwritten on the front, by someone. I'm very appreciative to learn from this site that counterstamps were used basically for advertising. Thus, the Boy Scout emblem. Does anyone happen to know anything more about this particular coin? I inherited it from my father, who passed away in 1999. Were these coins considered 'commemerative'? Or were they put into circulation? Why 1970? Were there other Boy Scout counterstamps?
My guess is that a scout troop got together and counterstamped the change they had...perhaps it was done in 1970 and those were the shiniest pennies they had?
While some counter stamps are promotional others are done for personal reasons (a cure for boredom seems to be a big one) and some are done to create a commercial product. The state counter stamp was sold in sets containing all 50 states.
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