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cool NEWP........

DoogyDoogy Posts: 4,508 ✭
in World & Ancient Coins Forum
Peruvian Sol with Guatemala counterstamp. Don't know too much about it, and i'm unsure whether NGC/PCGS would slab it with the counterstamp, but i found it too cool to pass up.
Anyone have info on these, and why they were counterstamped?

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    coinpicturescoinpictures Posts: 5,345 ✭✭✭
    These are cool coins! I have a couple of them. Yes, NGC will slab them. I sent this one in and it came back MS64.


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    theboz11theboz11 Posts: 6,576 ✭✭✭
    imageimage
    My Medals collection

    FOR SALE Items
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    DoogyDoogy Posts: 4,508 ✭


    << <i>These are cool coins! I have a couple of them. Yes, NGC will slab them. I sent this one in and it came back MS64.


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    cool, thanks! I LOVE the look of yours, a super strong counterstamp strike! thanks for sharing
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    olmanjonolmanjon Posts: 1,187 ✭
    nice coins--I can see why you couldn;t pass them up!
    Proud recipiant of the Lord M "you suck award-March-2008"
    http://bit.ly/bxi7py
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    RickeRicke Posts: 677 ✭
    I have a peruvian sol and a guatemalan peso... but I don't have a peruvian sol with a guatemalan counterstamp!

    It's sorta like those old reeses peanut butter cup commercials...
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    coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Hey, get yourself a hammer and an anvil and you can fix your problem! image
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    lordmarcovanlordmarcovan Posts: 43,216 ✭✭✭✭✭
    It's interesting how the counterstamp has a denomination on it, thus rendering the coin a double-denomination piece of sorts.

    That MS64 with the sharp counterstrike is awesome, but I also like the olive toning on yours, Doogy.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    1960NYGiants1960NYGiants Posts: 3,455 ✭✭✭✭
    I believe that some are listed in Krause - will need to confirm.

    My thoughts on why are:

    It was probably cheaper for the counterstamping authority to do the stamp then actually mint the coin. This allows them to use a foreign nation's coinage as coin of the realm.

    Some countries used counterstamps to revalue previous issues. Brazil has many examples of this practice.

    BTW: nice coins!
    Gene

    Life member #369 of the Royal Canadian Numismatic Association
    Member of Canadian Association of Token Collectors

    Collector of:
    Canadian coins and pre-confederation tokens
    Darkside proof/mint sets dated 1960
    My Ebay
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    ajaanajaan Posts: 17,124 ✭✭✭✭✭
    Anyone know of a dealer who sells this coin?

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
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    DoogyDoogy Posts: 4,508 ✭


    << <i>Anyone know of a dealer who sells this coin? >>



    i may not be a dealer, but i play one on TV. for your finest Swiss coin, and a check for $47,567 it's yours Don!
    Seriously, i don't know of anyone that has any of these. I stumbled across mine on eprey; ironically enough, the Sol in the same condition as this one without the counterstamp went for twice the price. i'll take the counterstamped one at half the price please! image
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    coinpicturescoinpictures Posts: 5,345 ✭✭✭
    These are listed in Krause under Guatemala, KM 216-227. There are several host coins from different countries. In my opinion these are priced stupidly cheap in Krause... $35 in XF? Sure, I'll buy 'em all day long.
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