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 Replies: 10 / Views: 1,633 |
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Valued Member
United States
68 Posts |
I don't see how someone could do this so perfect so small without a machine. Probably was some machine in an arcade somewhere!   |
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Moderator
 United States
14463 Posts |
That is called a counterstamp. There are lots of versions, but here is one:  |
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Bedrock of the Community
United States
94367 Posts |
The punch is pre-formed and then just quickly struck into the coin.  to the CCF! |
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Valued Member
United States
218 Posts |
Which then makes me wonder: I'm assuming counterstamping coins is not authorized by the US Mint, right? I'm assuming from what I've read that it wouldn't fall under the "fraudulently defacing" rule, but I'm no legal expert.
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Pillar of the Community
United States
5779 Posts |
Considered artistic I believe not fraudulently defacing.
And lots of times the opposite side of the coin will show some damage or flattening directly opposite the counterstamp.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
Edited by Petespockets55
06/14/2020 08:40 am
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Valued Member
 United States
68 Posts |
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Valued Member
United States
137 Posts |
Quote:
Does it add any value? Maybe marginal, but no. This was damage placed on the coin after it left the mint. I see it as grafitti and would not keep it. Unless you like it, then keep! Edited by DeadElvis
06/14/2020 7:48 pm
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Bedrock of the Community
United States
10635 Posts |
Some people collect counterstamps, others just consider it damage. Keep it because it's a novelty. to the CCF! |
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Bedrock of the Community
United States
17884 Posts |
Quote:
I'm assuming from what I've read that it wouldn't fall under the "fraudulently defacing" rule, but I'm no legal expert. Other than not being allowed to melt down cents or coppernickel five cent pieces, you can do just about anything you want to to your coins as long as you are not doing it "with fraudulent intent". |
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Bedrock of the Community
United States
62064 Posts |
Now if you struck over the ONE CENT on the reverse with Five Cents, then that would be fraudulent. Reminds me of a coin story: Quote:
"Just joshing you" came from the late 1800's and has a very interesting story behind it! Josh Tatum was a deaf mute, but a very enterprising young man from the Midwest. In 1883 the US Mint came out with a new nickel. It was deemed the Liberty Head Nickel and on the reverse side had a large roman numeral V stamped on it.
The new nickel did not have the word "cents" or "nickel" stamped on it. Josh Tatum noticed this and the fact that it was nearly the same size as the US $5.00 gold piece, which at the time was used as common currency. With the help of a friend familiar in gold electroplating. (sorry, I lost a page here, but you'll still get the idea: Josh and his friend turned these coins into replicas of the $5 coin. Josh used them) at stores. He was very careful not to purchase anything that cost more than a nickel.
The clerk would accept the coin, and in most instances give Josh back $4.95 in change, which he happily would take. By the time law enforcement caught up to him, he had visited hundreds of towns & had amassed a small fortune. The Law prosecuted him but ironically he was found not guilty on the most serious charges, because he only purchased items that totaled 5 cents, and because he was deaf & could not speak, he never represented that it was a new $5.00 gold piece.
The same year, the US mint added the word "cents" to the Liberty Head Nickle in an effort to bring this type of fraud to a halt. Hence the famous saying "you're not Joshing me are you"?
Edited by coop
06/15/2020 4:51 pm
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Bedrock of the Community
United States
17884 Posts |
When you tell that story you need to point out that much of it is fictional.
Your version has tatum coming from the Midwest, but most versions have him coming from the Boston area. There is no contemporary evidence that a Josh Tatum was ever arrested or tried for this fraud, (in fact the earliest versions of this story only date back to the 1950's). and the use of the term Josh, meaning to trick or fool, dates to the 1840's. Well before the 1883 no cent nickel.
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Replies: 10 / Views: 1,633 |
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Posted 06/14/2020 06:21 am
