Bicentennial Penny W/Paul Revere

You have a counterstamped coin. It was hit with a punch outside the mint. Because it was done outside the mint, it is technically considered a purposefully damaged coin, thus is not gradeable and has no numismatic value as a collectible coin. You don't grade purposefully damaged coins.

However - Counterstamped coins do have a market -- there are people who collect them, and one like this would bring a couple of dollars...regardless of condition.

Another example of purposeful damage that has value (but not numismatic value) - love tokens, where someone scrapes a surface off a coin purposefully and carves initials into the coin, often ornately. Problem is, if this is done on an otherwise rare coin, the value is all in the artwork, not in the original date and mint of issue of the coin..."no numismatic value" means just that.

Yet another example - a hobo nickel. Carved intentionally, destroys the value of the coin, but is collected as art. I once saw a hobo nickel carved onto a 1913S type 1 nickel. The rarity of the coin as a 1913S type 1 was Ruined with the carving.

I disagree on the Ruining of the Buffalo nickel to make a hobo nickel especially if original.

Hobo nickels are Very Collectible. And one with that date, would be very collectible especially if the carving was nice. Americana.

Modern carvers of Hobo Nickels such as Bil Zach are just awesome artists IMO.

errrrror