Counterstamps do they add to the value ???

CoinZip

Whats your opinion?

indeetlib

Counterstamps certainly can add value, but it depends on what the counterstamp is and what the host coin is.

In this case, it's a neat coin with the repunched date and all. But I don't think the counterstamp adds any real value here. I also don't think it detracts much, though, as counterstamps can sometimes do depending on how undesirable the specific stamp is and how valuable the host coin is to begin with.

I think this coin's worth about $29.99

MICHAELDIXON

Interesting coin! The repunched date is very vivid on this one.

ricko

While I find counterstamps interesting, for me they add no value. Would keep the coin if I found it in change, but would not buy one. Cheers, RickO

PerryHall

Someone with a letter punch set having some fun many years ago. If I collected Indian cents and needed this variety, I would pass on this coin.

Dentuck

I believe Ebenezer Rkhar of Duluth, Minnesota, collects this particular counterstamp.

On a more serious note, some collectors do attach a premium for sentimental or
historical significance of a counterstamp. If I found an old half dollar stamped TUCKER
I would probably bid strong for it, just for its novelty. Dave Bowers made a study of
large cents counterstamped by Dr. G.G. Wilkins and promoting Dr. Shattuck’s Water Cure,
and even wrote a book on them. (Or about them, I should say --- he didn't write a book
physically on the coins.) In a recent (12/4/2012) Coin World article he said that
not long ago he paid $400 for a hallmarked cent variety that was new to his collection.

tincup

I like counterstamps, depending on the coin and the stamped letters. On this particular Indian Cent, I like the doubled date more than the counterstamp.

jmj3esq

I doubt most counter stamps add much value on the average.

Walkerguy21D

A British George III countermark on an 8 Reale piece can add very significant value.
In this case the countermark subtracts from the value of an otherwise nice RPD 1894 cent, at least in my opinion.

291fifth

<< <i>While I find counterstamps interesting, for me they add no value. Would keep the coin if I found it in change, but would not buy one. Cheers, RickO >>





They have always struck me as another "one-way" market.

In the case of this particular 1894 cent with the double punched date I would say the counterstamp, which is uninteresting, significantly reduces the coin's value.

lostincoins

I like the coin for the RPD but being I don't know the history of the counter stamp I can not say much about it other than the letters actually spell a hindu name.

rec78

IMUO (In my useless opinion), counterstamps only detract from value on better coins. While some counterstamps may add value to an otherwise common coin such as a well-worn large cent, they detract in cases like this. I would much prefer a premium coin without the counterstamp. Still, it is a neat coin and I would keep it in my collection just for fun.

Bob

seanq

Funny you should post this, I have one of those with a counterstamp too. It's a shame because the coin is the earliest die stage I've ever owned of this particular variety, but then again I could never have afforded it were it not for the counterstamps:






Sean Reynolds

P.S.: Relevant to the OP's question, I bought this coin at a significant discount versus a problem-free example in the same grade.

indeetlib

Here's a good example of an already valuable, key date coin with a counterstamp that upped the value even more...

1857 Large Cent

In this case, I think the added value has to do with:

1. The counterstamp being from a well-known and interesting source.

2. The choice appearance of the host coin.

3. The fact that the G.G.G.G. stamp is common enough on late date Large Cents that there are many collectors who are trying to put together date sets of just this counterstamp. (The Devins & Bolton counterstamp is another example of this)