1925 Stone Mountain half dollar with odd stamping on reverse
goldfixer21
Posts: 82 ✭✭✭
Does anyone know what the stampings on the back of this are for?
2
goldfixer21
Posts: 82 ✭✭✭
Comments
They were sold and part of the money went to the stone mountain memorial. Then some of the money went to the daughters of the confederacy I believe. I'm pretty sure these are quite popular and have had many people ask for them at shows
HAPPY COLLECTING
The counterstampa were added by state veterans' groups. Yours is obviously from North Carolina. They make the halves more valuable, sometimes by a lot.
Generally they add a lot of value, someone who know should chime in, but I've seen several in the $1500+ range.
Before anyone throws wild estimations around, one should keep in mind that the most of the more valuable coins are either extremely high grade (this one isn't); are the Gold Lavalier (GL) or Silver Lavalier (SL) counterstamped varieties (this one isn't); or are the United Daughters of the Confederacy (UDC) counterstamped varieties (again, this one isn't). However, I do not recall if North Carolina is a more rare state.
In honor of the memory of Cpl. Michael E. Thompson
From memory I think Oklahoma and Florida counterstamps were the “rarer” states
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
There are few sales, but even in grades below MS these are valuable (compared to normal examples).
Here is the PCGS coin facts page:
http://www.pcgscoinfacts.com/Coin/Detail/525162
There are several threads here which you should be able to hunt down by searching “Stone Mountain counterstamp”. Forumite @LeeG shared a write up on the history of the program, and @njcoincrank was also a font of knowledge (the latter purchased a couple of examples from me).
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Interesting.
My War Nickels https://www.pcgs.com/setregistry/nickels/jefferson-nickels-specialty-sets/jefferson-nickels-fs-basic-war-set-circulation-strikes-1942-1945/publishedset/94452
The coin is really beat up, but it is an interesting piece of commemorative coin history. As such I'd say the coin is worth two or three times what a normal low grade, slightly damaged piece would worth. Don't get too excited. That still less than $100.
Neat coin. I've been looking for a NC example for about 5 years now. No luck.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
It probably got its wear and tear as a pocket piece in the pocket of a Confederate veteran. Very historical. I can only imagine what it's first owner witnessed decades before.
There's also many counterfeit counterstamped examples out there.
True. The "N.CAR." is odd on this one, but I am not an expert on these pieces.
I've likely examined and imaged more of these than anyone else who is active on the boards and the "N. CAR." stamp is correct in style and in placement. The "277" is also correct in style and in placement. Looking back at my photography archive I have imaged at least 40-or so examples that have been certified by PCGS.
My impression is that this is a legitimate, contemporary counterstamped Stone Mountain half dollar that is worth in excess of the low end $100 estimate and less than the $1,500 high end estimate. In my opinion, it is worth closer to the lower end of the spectrum than the higher end, but this is a very thinly traded market and to get the most for the coin it should be certified by PCGS and this process will take up a decent chunk of the value of the piece.
In honor of the memory of Cpl. Michael E. Thompson
Nice !!!
Counterstamped Stone Mountain half dollars are quite scarce and difficult to locate. No records have been found as to how many were made for each state, but specimens from several states are very rare: Missouri (1 reported); District of Columbia (3); Kentucky (5); South Carolina (10); and Mississippi (10).
The Numismatist, Counterstamped Stone Mountain Half Dollars: Where Are They Today? By Adna G. Wilde Jr., LM232, August 1987, p. 1633-1643.
I have read about these counter-stamped Stone Mountain coins. I have never actually encountered one at shows or shops. Certainly a rarity. Cheers, RickO
I like the history behind these. Thanks @TomB for adding a lot to the discussion
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
IMHO this piece would bring north of $500 raw on eBay. Nice find @goldfixer21 ... do your research before you sell.
ANA LM
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