An interesting c/s match up imho.

Realone

Note:
curved wording in a semi circle
Capital M, small c, large C and a dash under the small c.
Time frame matches of when McCormick & Co the spice company was in business with he counterstamp i.e. the counterstamp is not from 1796 but a much later date.
Me thinks its the same company.
What say you all?

PTVETTER

looks like it , but why stamp a coin
I always questioned why counter stamp a coin?

Timbuk3

I like it !!!

Hemispherical

This is a neat comparison.

Maybe the coin was used as a promotional for the company.

Was McCormick’s first initial W?

1630Boston

The "W" is probably for "Willoughby"

I would guess from the McCormick spice Company in Baltimore ??

On September 2, 1889, Willoughby McCormick and his staff of two girls and a boy began operating as McCormick and Company. The plant was a one room, cellar and backyard operation in Baltimore, Maryland. Their motto was "Make the Best - someone will buy it." The first products were flavoring extracts, fruit syrups and juices. They were sold under the Bee Brand and Silver Medal trade marks. Other products made at this time were Iron Glue (Sticks Everything But The Buyer), and Uncle Sam's Nerve and Bone Liniment (For Man or Beast).

coinnut

That's neat. I like it.

1630Boston

What year is the coin ?

Hemispherical

@1630Boston I think you hit on something there.

“They were sold under the Bee Brand and Silver Medal trade marks. “

What better “Silver Medal” than a coin to put ones mark on.

1630Boston

Willoughby McCormick (1864-1932) was a successful businessman who provided leadership and finances to ministries in Maryland in the early 1900s. He was born in Dover, Virginia, in 1864. He left home in his teens to seek his fortune first in Texas and then in South Dakota. A few years later, McCormick came to Baltimore to launch a business in the port city. His little tea and spice shop developed into a large and successful manufacturing enterprise.

1630Boston

It is amazing what people did in the past at very young ages. [young in age but I would guess old in life experience]

Hemispherical

@Realone

1796 got me thinking to his parents or grand parents so went looking for the McCormick family tree.

Have you already looked into these links?

http://www.mcretirees.org/WilloughbyMcCormick.html

http://www.mcretirees.org/index.html

JBK

Very well could be as suggested, but consider that the counterstamp is from a prepared punch (not individual letters), so the question is, what was it actually made for? I doubt he would have had it made to stamp one coin. It would have to be a stamp made for stamping something, and I am not able to envision what a spice merchant would be marking in this way.

Tibor

@PTVETTER said:
looks like it , but why stamp a coin
I always questioned why counter stamp a coin?

A form of advertising. Much like stickered
coins of the 1930-1960 time frame.

Namvet69

That's pretty darn close IMO. I like the little dash under the c in Mc, and the arch of the name. No W. and no & Co. I think means early in his business ventures before incorporation. This is the kind of research I like. Peace Roy

ricko

Interesting counterstamp... and I think you are correct as to the origin. It is likely an ego/marketing device, probably more common on smaller denomination coins. The coin you have could well have been a pocket piece and/or reserved for special customers/distributors.
Cheers, RickO