What type of coin is this?
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The coin is made of copper and is the size of a silver dollar. The "20" is slightly off center and there is a wreath all the way around this side. I see a date of 1782 I think
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Comments
The "20" is off-center because it is a counterstamp added later. I believe this was done to change the legal tender value of the coin when inflation or some other cause made the value fluctuate. Originally it would've been minted with a different denomination. Since I don't have Krause handy and cannot remember off the top of my head whether the counterstamp increased or decreased the value of the coin, I don't remember what the original denomination would've been, but the coin would've originally been a 40-reis devalued to 20 reis or a 10-reis increased to 20. Or something like that. Somebody with the book can tell you.
The counterstamp does appear to have been a devaluation. They took an older coin (probably an 80-reis piece?) and counterstamped it to pass as a 20-reis piece, probably because of inflation.
It's probably from the first decade or two of the 1800's.
You say a friend found it- so it's a detector find, then? I thought it had the look of a dug piece.
Even though it ain't really worth anything in that shape, I would be tickled to dig one- as a fellow detectorist I can tell y'all that monetary value means little or nothing when it comes to dug stuff, if I'm the one who found it. It's all about the "coolness" factor- and that has a high coolness factor!
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It might not even be a coin but a weight (20 grams?).
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<< <i>I would be curious where this item was found (state, country)?
It might not even be a coin but a weight (20 grams?). >>
The coin was found at Stockton, Cal.