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FS: Houck's Panacea Counter stamped on Bust Half
Quarternut
Posts: 1,481 ✭✭✭
For sale, 1828 Capped Bust Half counter stamped: HOUCKS / PANACEA / BALTIMORE -- SOLD
Stamped with a prepared punch in the obverse left field, as almost all examples are. The coin is a VF-30 that is unfortunately holed. This does not affect the stamp and only makes it more affordable. Just for comparison, in the last 10 years, the last two 1828's that sold at auction sold for $1430 and $1760. Yes, that’s right, only two examples have sold in the last 10 years! This is a very popular counterstamp and consistently sells well.
A little background on the reason these coins were counter stamped...
Houck's Panacea, the famous "snake medicine" of its day.
The coins found with this countermark are one of the most popular and sought after counterstamps, as they are part of the “Hard Times” token series and are generally found on Bust Half Dollars.
Dr. Jacob Houck came to Baltimore Maryland in 1828 and opened a dry goods business at 121 West Baltimore St. It wasn’t until 1834 that he began selling “Botanic Panacea” for $1.50 a bottle and advertised in the 1835 to 1842 business directories.
Purported to cure almost all ills including: Dyspepsia, loss of appetite, indigestion, inflammation of the stomach, heartburn, diarrhea, dysentery or flux, piles, fistula, obstructed monstruation, ague and fever, bilious or remittent fever, typhus fever, scarlet fever, small pox, St. Anthony’s fire, asthma, pleurisy, measles, yellow fever, wind on the stomach or bowels, cholera morbus, consumption, influenza, colds, coughs, inflammation of the chest, palsy, gout, rheumatism, whooping cough, croup, dropsy, rickets, diseases of the liver, jaundice, difficulty of making urine, hysterics, mercurial and venereal diseases, ulcers, sores, etc. (The main ingredients were most likely alcohol or opium, cocaine or some such other "cure")
This Panacea was sold at various business address locations including 16 Hanover St. (which was listed in a full page ad in Matchett’s Baltimore Director in 1842) up until the 1850’s. Henry T. Houck became proprietor of the firm in 1851 and in later years probably licensed it for others to sell, as there is an 1855 advertisement in a Nashville Tennessee directory by a A.G. Goodlet for “Houck’s Improved Panacea & Goodlet’s Vegetable Lineament” listed at No. 29 1/2 Cherry St. Nashville Tennessee.
$450.00 delivered -- SOLD
Please PM me if you are interested.
Thanks!
QN
Stamped with a prepared punch in the obverse left field, as almost all examples are. The coin is a VF-30 that is unfortunately holed. This does not affect the stamp and only makes it more affordable. Just for comparison, in the last 10 years, the last two 1828's that sold at auction sold for $1430 and $1760. Yes, that’s right, only two examples have sold in the last 10 years! This is a very popular counterstamp and consistently sells well.
A little background on the reason these coins were counter stamped...
Houck's Panacea, the famous "snake medicine" of its day.
The coins found with this countermark are one of the most popular and sought after counterstamps, as they are part of the “Hard Times” token series and are generally found on Bust Half Dollars.
Dr. Jacob Houck came to Baltimore Maryland in 1828 and opened a dry goods business at 121 West Baltimore St. It wasn’t until 1834 that he began selling “Botanic Panacea” for $1.50 a bottle and advertised in the 1835 to 1842 business directories.
Purported to cure almost all ills including: Dyspepsia, loss of appetite, indigestion, inflammation of the stomach, heartburn, diarrhea, dysentery or flux, piles, fistula, obstructed monstruation, ague and fever, bilious or remittent fever, typhus fever, scarlet fever, small pox, St. Anthony’s fire, asthma, pleurisy, measles, yellow fever, wind on the stomach or bowels, cholera morbus, consumption, influenza, colds, coughs, inflammation of the chest, palsy, gout, rheumatism, whooping cough, croup, dropsy, rickets, diseases of the liver, jaundice, difficulty of making urine, hysterics, mercurial and venereal diseases, ulcers, sores, etc. (The main ingredients were most likely alcohol or opium, cocaine or some such other "cure")
This Panacea was sold at various business address locations including 16 Hanover St. (which was listed in a full page ad in Matchett’s Baltimore Director in 1842) up until the 1850’s. Henry T. Houck became proprietor of the firm in 1851 and in later years probably licensed it for others to sell, as there is an 1855 advertisement in a Nashville Tennessee directory by a A.G. Goodlet for “Houck’s Improved Panacea & Goodlet’s Vegetable Lineament” listed at No. 29 1/2 Cherry St. Nashville Tennessee.
$450.00 delivered -- SOLD
Please PM me if you are interested.
Thanks!
QN
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
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Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
www.brunkauctions.com
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
1/2 Cents
U.S. Revenue Stamps
<< <i>Oh, if not for the hole....
If not for the hole it would be twice the money!
Still a nice example...
Go to Early United States Coins - to order the New "Early United States Half Dollar Vol. 1 / 1794-1807" book or the 1st new Bust Quarter book!
Darn...just missed this