Quote:Counterstamped coins, also known as countermarked or punchmarked coins.
During the 1800's, it was popular for merchants to stamp coins for advertising purposes. Large cents were the coin of choice for advertising. The merchants would place their stamp on a cent and put it back into circulation. It got their name out to the public without a real cost involved. Some merchants would stamp thousands of coins. The most popular counterstamps were for medicine or doctors. The early counterstamps are sought by collectors, but the more modern versions are more a a novelty that carry little to no premium.
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