Cool mason penny someone in my metal detecting forum found

Discussion in 'Coin Chat' started by BenjyH_2009, Jun 26, 2009.

  1. BenjyH_2009

    BenjyH_2009 Senior Member

    someone in my metal detecting forum found it[​IMG]
     
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  3. fastfun1111

    fastfun1111 Senior Member

    Nice looking coin!!
     
  4. sirfordster

    sirfordster Member

  5. mark_h

    mark_h Somewhere over the rainbow

    Very cool find.
     
  6. krispy

    krispy krispy

    Never saw one of those before. That's pretty neat.

    I have a couple of those Lincoln cents with a tiny Kennedy head in the field in front of Lincoln's portrait. I never see those in books, anyone know a term for these altered cent coins? I suppose more groups than the Masons and such produced special altered coins.
     
  7. krispy

    krispy krispy

    Nor was Lincoln a Mason.
     
  8. TheNoost

    TheNoost huldufolk

    What does the rev look like? Never saw one like that before.
     
  9. BenjyH_2009

    BenjyH_2009 Senior Member

    it looks like a nrmal penny
     
  10. TheNoost

    TheNoost huldufolk

    I'm surprised. Figured it would have a flat area behind the stamp. Something to provide resistance to the stamping.
     
  11. hontonai

    hontonai Registered Contrarian

    The terms are:
    • damaged, and
    • numismatically worthless
    .
     
  12. krispy

    krispy krispy

    Thanks for the clever yet narrowly defined reply. I suppose they are both damaged and numismatically worthless, but that is without question on this forum. And it's a bit of a subjective answer which only pertains to coin collectors who seek to grade and show their appreciation/interest for flawless coins.

    Rather, I'm seeking a term for such altered coins that broadly defines any coin that is intentionally stamped, punched or changed, applying an advertisement, ideology or a groups insignia to existing coin designs. So the question still stands? Can anyone provide a catchall term for these coins?

    Thanks.
     
  13. umn25

    umn25 ANA #3154232

    I call them counter-stamped, I really like them. (even if they are numismatically worthless)
     
  14. krispy

    krispy krispy

    Thanks, that's an accurate sounding term.
     
  15. Treashunt

    Treashunt The Other Frank

    BenjyH_2009

    What is the name of the forum?
    No competition with CT, that is a metal detecting forum.
     
  16. USS656

    USS656 Here to Learn Supporter

    I agree - and for a cent that came out of the ground I bet it has more value with the counter stamp than it would have had numismatic value without it. Nice find.
     
  17. willieboyd2

    willieboyd2 First Class Poster

    There is another kind of "Masonic Penny" which is a token struck especially for a Freemason lodge.

    This one saw a lot of use, it is so worn:
    [​IMG]

    Modern Masonic "Penny" token based on a Roman coin
    Issued by the Royal Arch Masons, St. Louis, Missouri
    Obverse: MISSOURI (dot) CHAPTER No 1. R.A.M. (dot) ST.LOUIS
    CAESAR AVGVSTVS
    Reverse: Eight spokes, DIVVS IVLIV
    Size: 32mm
    Catalog: Design based on Augustus RIC 37b commemorating Julius Caesar.
     
  18. krispy

    krispy krispy


    WoW! Now that's something! I'd never heard of the Royal Arch Masons previously and I've lived in STL. That's quite an interesting piece to me. Thanks for sharing this.
     
  19. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Yup, that about sums it up. However, a circulated 1937 cent wouldn't have much value anyway...and I think it's a cool find. Definitely one I would hang onto.
     
  20. krispy

    krispy krispy

    Agreeing to those two definitions alone is a narrow definition and a personal preference which doesn't sum it up. It doesn't acknowledge a lot of other factors. That you would collect it yourself implies personal sentimental or curiosity value as it's novelty attracted you or your tendency to collect/hoard made you do it. If those who agree to these terms alone totally disagreed with allowing the existence of 'counter-stamped' coins, then upon finding it they might as well destroy it for fear of it devaluing traditional coin collecting. Potential numismatic value can still exist for such a 'counter-stamped' piece. That you do not see any value in this does not make it wholly worthless to others. Of course the lack of rarity at this time is a devaluing factor, just like squashed tourist souvenir coins are 'worthless' as they are altered, not rare, out of circulation and not collected by numismatists. However, the coins in question still remain a coin and continues to hold its function and value as a monetary device. With people culling it from circulation there is a high probability that other numismatists are likewise interested in such a 'counter-stamped' coin design but they do not assess value or trade them. If the coins rarity becomes known or accepted and if a body of collectors emerge in favor of these coins they WILL suddenly have a value previously overlooked. Regardless of how a 'counter-stamped' coin fairs against a flawless or rare coin without alterations, or whether or not it is interesting to coin collectors, it still has a power unto itself and belongs in its own category, hence the original question, what to call such a coin with alterations? There are after all art museums that display faked Vermeers and Van Goghs amongst other master paintings, which are collected following scandals, displayed and continue to intrigue the public and admirers of fine art or those keen on curatorial matters. Look up the story and work of Van Meegeren for one such example. Some of these counterfieters of paintings continue on in a legal sense long after the scandal to a career making reproductions and in assisting authorities in detection or understanding the techniques of fraud. Counterfeit coins have a numismatic value as well, mainly as an educational tool and for those who study to prevent counterfeiting once detected and removed from circulation and prosecuted if possible. I don't advocate counterfeiting of art, coins or anything else, as well, that's another topic. I do not personally know any counterfeit coin collectors but I imagine with fair certainty that they exist. Point is that despite some who dismiss 'counter-stamped' coins from a traditional lexicon of coin collecting and consideration due to it's altered or 'counter-stamped' state, it remains for others an area of interest and potential worth, even if generations after we exist the interest/value rises. If demand in trade of 'counter-stamped' coins were present, no matter how low in value such a piece might fetch there IS numismatic value, just not to all in the community. This is just not so easily dismissed as a matter of stating ones opinion in a non-objective manner, as was pointed out earlier in the tread.

    Like those cross punched cent coins, the Masonic 'counter-stamped' coin or the Lincoln cents with mini Kennedy portraits 'counter-stamped' they are novelty to me personally, and are collected as such. Yet, I would not dismiss a certain degree of importance nor potential value. They merely need accurate categorization so that everyone understands their place in the world of coins, collecting and values, if any value exists.

    :smile
     
  21. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    I think it does sum up this coin. It is post mint damage...and thus it has no numismatic value. That's sort of how this hobby works.

    When I say I would hang on to it...I mean I would keep it if I found it in change because it is interesting. But, I hang onto every wheat cent I find. I would never pay more than one cent for this coin...and since I have already stated elsewhere that the cent is basically worthless, I really wouldn't be out anything. Is it an interesting piece...yes, but in a numismatic sense it has no value greater than face because it has post mint damage.
     
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