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Counterstamped Half Dollar Question

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 Posted 04/25/2017  11:50 pm Show Profile   Bookmark this topic Add Tom1212 to your friends list Get a Link to this Message Number of Subscribers
New member. I can't figure out how to create my own post yet so since this is related I thought I would try here. I wanted the Counterstamp guru to look at this coin and share his thoughts on what this might be and on any premium it might hold. Came out of Utah. Thank you.

Counterstamped-Half-Dollar-Question

Counterstamped-Half-Dollar-Question

Counterstamped-Half-Dollar-Question
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ExoGuy's Avatar
United States
4416 Posts
 Posted 04/26/2017  09:50 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
to the CCF, Tom1212

I honestly don't see the counterstamped half bringing any premium from a collector of this branch of exonumia. IMHO, counterstamp aside, its value largely rests in it being a better grade type coin that's suffered PMD.

This likely one-of-a-kind counterstamp was created with the application of individual letter punches. These tend to be less desirable/valuable that those made with a single, prepared punch.

What really adds desirability and value to a piece is when a counterstamp can be definitely attributed to a specific issuer and meaningful history can be attached. Here's a pair of counterstamped Seated half dollars that illustrate what I'm saying ...

Counterstamped-Half-Dollar-Question

Counterstamped-Half-Dollar-Question

Not only were these two coins produced by the same dies, there's enough info to identify the issuer. Add to that the history, the subject matter, and you have a winner.

Parisian Varieties was a "girlie show" and forerunner of what we now know as the Rockettes - a chorus line of leggy gals. It was quite a controversial show during the Victorian era, 1875-76. Much has been written about it in early newspapers and through present times. The counterstamped coins then circulated and generated word-of-mouth advertising. Today, these pieces tend to sell for $200 or more, depending on the host coin and interest of the bidders.

If I google, "May 20, 1877" and "truth" (use quotation marks as it discriminates and limits returns), I still get a large number of returns. The info is all too general, too broad to pin any significance to the counterstamp. Also, counterstamps that simply illustrate initials are virtually impossible to attribute; this, discounting silversmith hallmarks and similar craftsmen logos.

Summarily, I can only venture a guess that the subject piece's counterstamps MAY have had some religious meaning to the maker (C.F) and receiver (F.N). The word "TRUTH" leads me to that assumption. In essence, I view this counterstamp as more of a love token, expressing personal sentiment. This use stands in stark contrast to the "Parisian Varieties" advertising pieces.
Edited by ExoGuy
04/26/2017 09:54 am
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 Posted 04/26/2017  11:27 am  Show Profile   Bookmark this reply Add Tom1212 to your friends list Get a Link to this Reply
Hey there! Thank you so much for your time and in depth response! Everything you state makes pefect sense. Thanks so much!
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ExoGuy's Avatar
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 Posted 04/26/2017  1:16 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
@Tom1212 .... Happy to help, I am, and hopefully encourage a fellow collector. Here's hoping you will enjoy the CCF as much as I do. It's a great place to share and learn .... even for and oldtimer, like me!

Although American counterstamps have been around for over 200 years now, this genre of numismatics has only been getting serious collector attention for a few decades. I've often referred to it as the "final frontier of numismatics." Properly attributed counterstamps merge history with the collecting of coins and tokens.
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jbuck's Avatar
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188770 Posts
 Posted 04/26/2017  2:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
New member. I can't figure out how to create my own post yet so since this is related I thought I would try here. I wanted the Counterstamp guru to look at this coin and share his thoughts on what this might be and on any premium it might hold. Came out of Utah. Thank you.
to the Community!

I split this out into its own topic for you. To start a topic, use the "New Topic" link that is above and below each discussion thread.
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Fathead 5's Avatar
United States
294 Posts
 Posted 05/02/2017  01:39 am  Show Profile   Bookmark this reply Add Fathead 5 to your friends list Get a Link to this Reply
I think Q. David Bowers has a book on counterstamped coins. You might want to look for it.
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ExoGuy's Avatar
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4416 Posts
 Posted 05/02/2017  07:11 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
I think Q. David Bowers has a book on counterstamped coins. You might want to look for it.


Dave Bowers has written extensively about particular counterstamps. Books about the "Waterford Water Cure" and "Dr. G.G. Wilkins" come to mind.

Our OP's piece is unique, a one-of-a-kind. It is not listed in the principal work on merchant counterstamps by Dr. Gregory Brunk. Also, it's not listed in Russell Rulau's books on tokens. Rulau listed hundreds of merchant counterstamps therein. Our OP's piece bears no resemblance, whatsoever, to any merchant or advertising piece.

While unique, personal counterstamps can be interesting, it's been my experience that serious collectors largely prefer the merchant pieces, those akin to token issues. Generally, more history is conveyed in the merchant pieces, like the who, what, when, where, why and such. Many collectors seek out pieces by location or occupation. Oftentimes, the more of a story a counterstamp tells, the more collectors will value it.

Here's an ebay listing for Brunk's last edition, 2003 ...
http://www.ebay.com/itm/Merchant-pr...AOSwmtJXZu1p

One recently sold on ebay for under $100. Brunk's new book is expected to be published within a year. It'll be huge, I expect.
Edited by ExoGuy
05/02/2017 07:27 am
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TypeCoin971793's Avatar
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6370 Posts
 Posted 05/09/2017  1:41 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply


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