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Help me out Commem Guys----Cleveland w/1941 counterstamp.

keetskeets Posts: 25,351 ✭✭✭✭✭
I attended one of the local club grading committees this evening. We were assigning grades/price on the auction lots and one of the coins was a 1936 Cleveland Commem in a capitol holder with a 20th anniversary counterstamp. The coin is an absolute white gem and I remembered seeing it in Breen's Encyclopedia. It's listed as being limited to 100 coins.What I was wondering is if the coin as counterstamped was authorized as such and whether or not any of the major grading services would holder it? What kind of value does it have? Does the fact that it's been counterstamped relegate to just being a curiosity piece, it's pristine condition notwithstanding? The fact that Breen bothered to catalog it and the known number of coins stamped seems to give the coin credibility.

Thanks for any help.

Al H.image

Comments

  • njcoincranknjcoincrank Posts: 1,066 ✭✭
    Keets,

    These were counterstamped in 1941 by the Western Reserve Numismatic Club. Only did 100 pieces as you mentioned. Very collectable and has value far exceeding that of a regular Cleveland half. They also counterstamped about 20 pieces for their 50th anniversary in 1971. These are even more valuable.

    I would guess, notice I said guess, that this piece has a value in the $1000 range, more or less.

    njcoincrank
    www.numismaticamericana.com
  • krankykranky Posts: 8,709 ✭✭✭
    Whoa! I just read about those counterstamped Clevelands for the first time the other day in one of Swiatek's books, and here comes keets posting about seeing one. I guess being near Cleveland greatly increases the odds of running across one.

    The question about getting holdered is a good one. I have no idea.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • boiler78boiler78 Posts: 3,077 ✭✭✭✭✭
    You might be able to get the coin holdered. PCGS is slabbing chopmarked Trade dollars and counterstamped bust quarters. The famous counterstamped Dexter 1804 dollar was also in a PCGS holder the last (and only) time I saw it.image
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    i only noticed the listing in the Breen's because there was a BU coin in auction about 2 months ago and i wanted to check for first wear points. i didn't pay much attention to the counterstamped coins then but they rose to the top of my mind when i saw this one.

    hey jim, remember i was telling you last week about my little "coin library" growing over the winter? the suggestions i was given last fall by members to invest in some books was perhaps the best advice i've received here at the forum. it may be on the verge of bearing me some neat fruit!!

    al h.image
  • bozboz Posts: 1,405
    Why not ask on the Q&A forum if PCGS would holder it?
    The great use of life is to spend it on something that will outlast it--James Truslow Adams

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