Yes Smith "counterfeits are valuable", Is the ebay coin a "Smith" piece? Frankly I don't now. Trying to compare one Smith piece with to another can be misleading because since every one of them was done by hand, and using different varieties of cent for the original starting place, working with coins that had different amounts of wear, every one is going to look different. Add to the that the problem that if someone else did a similar type of re-engraving could you tell that one was done by Smith and one by someone else? If you had the chance to study enough known Smith pieces you might be able to pice up on a stylistic characteristic, but you also have the problem of being sure the pieces you studied were actually Smith pieces. I've only seen three or four pieces that were identified as Smith pieces, but tthey had no proof they were all done by the same person so they could be by different hands as well.
So I would say that while they have an interesting story, I would not pay a premium price for one because there is no way to guarantee that it is what it claims to be.
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