'393' Counterstamp 1925 Stone Mountain Commemorative Half Dollar - Any info?

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• yosclimber Posts: 5,111 ✭✭✭✭✭

  September 19, 2025 3:21PM edited September 19, 2025 3:38PM

  It is a serial number (post mint), added by veterans groups.
  Sometimes it increases the value.

  2018 thread here
  https://forums.collectors.com/discussion/998494/1925-stone-mountain-half-dollar-with-odd-stamping-on-reverse

  
  2020 thread
  https://forums.collectors.com/discussion/1039675/a-rare-stone-mountain-with-buy-it-price-2500

  I counted 7 prior threads on these.

  And right here on PCGS CoinFacts:

  Ron Guth:
  Some Stone Mountain Half Dollars bear counterstamps with state abbreviations, numbers, and/or the letters G.L. and S.L. (for example AR 18 SL). According to Steve Deitert, ". . .every town with a coin quota was designated as a 'unit.' Each unit was entitled to 'at least one coin showing on the face the State initials and a serial number.' (Likewise, special coins could be set aside and numbered for a 'Civic or Patriotic body.') The numbered coins were distributed to the unit chairmen by the Stone Mountain Monumental Association through the governor of each state. Under the governor's direction, 'an alphabetically arranged list of all Units in the State shall be prepared and at some prearranged time and place a drawing for the purpose of determining the place, to which the numbered coins are to be sent shall be held. The coins are to be placed in a receptacle and drawn by a disinterested person, the first coin drawn going to the first Unit town on the list, the second to the second, etc., until all coins are drawn.' The number assigned to each municipality was just the luck of the draw. Each unit chairman then determined when and-where to auction the numbered coin(s)."[1]

  The GL and SL designations stood for Gold Lavalier and Silver Lavalier, respectively. These special coins were given to young ladies who sold the most Stone Mountain Half Dollars in their county.

  [1] A. Steve Deitert, "Unraveling the Mystery of the Counterstamped Half Dollar," The Numismatist 124, no. 1 (January 2011), 37-39.

  https://www.pcgs.com/coinfacts/coin/1925-50c-stone-mountain/9378

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