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 Replies: 13 / Views: 7,905 |
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Pillar of the Community
Egypt
3470 Posts |
Hello all, I have seen these with a friend and I would like to know whether the masonic counter stamp increase or decrease the value of these coins? Thanks  Edited by EgCollector
09/19/2011 5:59 pm
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Pillar of the Community
United States
4132 Posts |
Probably decreases the value to most coin collectors, but they aren't valuable coins to begin with. They would be of more interest to someone with an interest in Masonic stuff and might have some value to them. I think they're kinda neat!
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Pillar of the Community
 Egypt
3470 Posts |
Thanks for the quick reply ....... are they scarce or rare to find.... I mean do you find them in circulation or you have to go to a coin shop to buy them? Hope I am not asking too many questions  |
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Pillar of the Community
United States
1151 Posts |
Not really rare mostly because anyone can do it but they arre neat to find when searching rolls.
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Pillar of the Community
United States
4132 Posts |
All could be found (without counterstamps) in circulation. I think I've only seen one with a masonic counterstamp, and it was incised, not raised like these. The steel cents are probably the least common because they'll get caught on magnets in coin sorters, which pulls most of them out of circulation, but you can still find them. They were also widely hoarded, so you can get a nice uncriculated one cheaply. I see a '44 Wheat cent which is in nice shape, but a common date which can still be found in circulation. The 60s and later memorial cents are something you find every day in pocket change and not worth more than face value. |
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Pillar of the Community
United States
781 Posts |
I've done a few hundred boxes of cents over the years and only come across 1 counterstamp, and I'm still looking for a masonic one. I think they're pretty cool.
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Valued Member
Australia
278 Posts |
Wow!
I want one!
My grandfather was a mason and I have a few of his old books.
Where could I find one of these?
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Pillar of the Community
United States
3755 Posts |
First time I have ever seen one of these. Decreases the value IMO, but still would be neat to have one.
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Pillar of the Community
United States
7629 Posts |
Okay, I'll give the facts - not an opinion.
Most of these sell for between $2 and $5 depending on how old the coin is.
So...if the coin was worth less than $2 before the counterstamp (which is the case about 75% of the time) then the counterstamp increases the value of the coin.
If the coin was worth more than $5 before the counterstamp (which is rather seldom the case) then the counterstamp decreases the value of the coin.
Either way the counterstamp is there, and once the counterstamp is on the coin, the coin is no longer a numismatic piece. In other words, price guides do not matter at all with counterstamped coins.
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Bedrock of the Community
United States
19931 Posts |
 I've just never had to the energy to answer like Chuck did.  |
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Valued Member
Canada
284 Posts |
I found a 1920 american penny in a bin in a store for 50¢, I got it because it looked neat. I'll try to upload a picture tomorrow. Does anyone know more about the counterstamped coins? Were they counterstamped on the year a member joined or was it any year? I'm curious about those.
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Valued Member
Canada
284 Posts |
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Bedrock of the Community
United States
14454 Posts |
this is just one of many counterstamps that are regularly found mostly on Lincoln Cents but just about every series of coins have had counterstamps applied to them. Some of the most common Lincoln Cent counterstamps are state outlines,pipe,Kennedy and masonic symbols |
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Pillar of the Community
United States
4212 Posts |
Years ago I saw where someone had a run of them. May have been homemade though. Steel stamps were about 50.00, years ago.
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Replies: 13 / Views: 7,905 |
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Posted 09/19/2011 5:57 pm
