Are there any price guides or values for Counterstamped Large Cents?

Comments

• Conder101 Posts: 10,536 ✭

  October 12, 2005 12:46AM

  Personally I believe a counterstamped coin only has significant value if the counterstamp can be traced back to a specific person, business, or definite reason for the stamping. Stampings of random numbers, letters, or symbols are just mutilations.
  
  The best work on counterstamped coins is by Brunk. Sorry don't know the full name of the book.

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• Conder101 Posts: 10,536 ✭

  October 12, 2005 1:04AM

  Sorry didn't really answer your other questions.
  
  
  
  << <i>1) Do these coins have any numismatic value? I know they have historical value. >>
  
  
  Covered in first post
  
  
  
  << <i>(2) How are the prices set for these counterstamped large cents? The one that I found was fairly expensive, so I was not sure of the price. >>
  
  
  As interest has risen in legitimate counterstamps dealers have begun asking higher prices for any large cent with a counterstamp or even random punching. Most of these prices are unjustified and simply the dealer trying to get whatever he can by hyping the counterstamp.
  
  
  
  << <i>(3) What is the risk that these coins are not authentic? This coin was not slabbed (I am not sure counterstamped coins can even be slabbed). What is the risk that someone yesterday just stamped some large cents and then is trying to sell them for a relatively high price? >>
  
  
  Check the toning inside the counterstamp. Stamping the coins causes a streching of the surfae of the metal along the edges of the stamp exposing fresh metal. Contemporary stamping should show toning inside the stamp that matches the toning of the rest of the coin. A recent stamp will show fresh metal unlike the rest of the coin.
  
  
  
  << <i>(4) I bought the copper cents book by QDB, but I have been "saving it" for a trip that I have coming up. Does that book contain any information? >>
  
  
  I don't think so.
  
  
  
  << <i>(5) Any other collectors out there of these items? >>
  
  
  Q D Bowers is an avid collector of counterstamped large cents.
  
  >>
  
  

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• Shamika Posts: 18,785 ✭✭✭✭

  October 12, 2005 1:12AM

  QDB wrote a book titled "The Strange Career of Dr.Wilkins" that specifically deals with counterstamped large cents. It makes for some interesting light reading.
  
  

  Buyer and seller of vintage coin boards!

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• OldUncleUhUh Posts: 66

  October 12, 2005 1:58AM

  I buy them at $30 or less, only for names or biz counterstamps though, no random numerals or letters or objects for me, unless it's an eagle/gunsmith type. I sell my dupes on eBay and they go well, sometimes not much over what I pay but it's fun to see how many people out there actually collect them. Some are quite rare but very few will command a high price unless they have something unusual going for them, say on an early date 1793-1807 cent, or something rare like YOUNG THE MAGICIAN on a Seated dime, one of which brought $1,200 for me on eBay. I don't collect them on anything but large cents, though my wife likes them on anything other than large cents...go figure!

  The Deacon Moves In!

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