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1857 Seated Quarter With Counterstamp

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 Posted 02/01/2023  11:08 am Show Profile   Bookmark this topic Add GilesCorey to your friends list Get a Link to this Message Number of Subscribers
Just won this Seated quarter in an auction. Any resources for valuation of historical counterstamps? I'm happy with what I paid, but it would be nice to know if it's worth considerably more or less than that.

1857-Seated-Quarter-With-Counterstamp
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jbuck's Avatar
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 Posted 02/01/2023  11:11 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

Your reply was split into its own topic and moved to the appropriate forum for the proper attention.
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 Posted 02/01/2023  11:24 am  Show Profile   Bookmark this reply Add GilesCorey to your friends list Get a Link to this Reply

Quote:
Your reply was split into its own topic and moved to the appropriate forum for the proper attention.


Thanks! Counterstamps aren't really my thing, so improving visibility of this is much appreciated.
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 Posted 02/01/2023  11:42 am  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Very cool counterstamped quarter, Giles! This one is known - the following comes from a Worthpoint listing:
"Child & Bro., Ottawa, ILL.; 1866-1876 Era, Illinois Merchant, Counterstamped Liberty Seated quarter; Quarter is 1850's According to Rulau's United States Tokens Book; Nine Specimens Known per Rulau; Child & Brother are Listed as Shoemakers in the 1866, 1870, 1871 and 1876 Directories;"
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 02/01/2023  11:58 am  Show Profile   Bookmark this reply Add GilesCorey to your friends list Get a Link to this Reply
Thanks for those Heritage links! They hadn't come up in any of my searches.
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 Posted 02/01/2023  12:50 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
to the CCF! This is a cool logo c/s, what with the town.

I was outbid on the Heritage quarter that sold for $114. Child was a shoemaker, and I personally found that occupation to be less desirable than say a gunsmith, silversmith, photographer, inventor and a many other occupations. Also, I was, at the time unable to find any interesting history to this issue. That said, there may be some intriguing history yet to be found!

Note that the other Childs' c/s, offered in the same auction, realized over twice the price of the quarter. This trend of c/s'd halves being valued higher than quarters seems to often be the case. Host coins can make a difference in perceived value, but not always.

The values of c/s's can vary a great deal from one auction to another. I have a dealer buddy who paid over $700 for a late 1800's c/s that I valued at about $100. His value was based on the business having long ago been in his family. So the piece was an heirloom of sorts to him. It's anyone's guess what that underbidder's valuation was based upon?

Unlike coins in general, there tend to be very few surviving examples of most c/s's. This factor makes it difficult to ascertain market valuations. Probably, the best customers for our OP's c/s would be local history buffs in the Ottawa, Illinois area. Those individuals would typically place a higher value on the c/s.
Edited by ExoGuy
02/01/2023 12:55 pm
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 Posted 02/01/2023  1:35 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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 Posted 02/01/2023  3:14 pm  Show Profile   Bookmark this reply Add GilesCorey to your friends list Get a Link to this Reply
ExoGuy - I knew if I asked here I'd get some great info. Thank you. Sounds like I got a good deal on it, but I'd likely need to find an appropriate auction to sell in if I wanted to see that kind of valuation.

Coinfrog - It's actually "Wecome back to the CCF" for me. I had an account in 2007, but can't remember the password. The email account I had used for it is no longer active so I can't reset it either.
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 Posted 02/01/2023  6:19 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
I'd likely need to find an appropriate auction to sell in if I wanted to see that kind of valuation.


@Giles .... Yes, the sales venue can make a big difference at times. With counterstamps though, the BIG issue is attaching history to them. Heritage and Stack's tend to be the best. However, I've picked up some super bargains in their lot deals. What happens is that they'll list a number of pieces in one lot, this, with but simple, cursory info.

From my perspective as a buyer, ebay is a far better hunting ground for exonumia, in general. The more inadequate the lot description, the better I can fare as a buyer. A few months ago, I purchased a c/s on ebay that has a heck of a history. A comparable piece was sold by Stack's about ten years ago. They then played-up the history, and it realized well over 2k. The one I won on ebay cost me a fourth of what the Stack's piece realized. The ebay seller failed to list it properly. I've seen similar scenarios play out over and over, again.

The great thing about counterstamps is that collectors who study, do research and note their findings can enhance the appeal and value of these oftentimes historic artifacts. Consider that there may be some interesting history about Child & Brother that has yet to be discovered and attached to this issue.
Edited by ExoGuy
02/01/2023 6:20 pm
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