1854 gold coin with "EVERMAN"?

Discussion in 'US Coins Forum' started by whithill, Sep 20, 2014.

  1. whithill

    whithill New Member

    Would very much appreciate your wisdom/info as I am no coin expert, just a humble metal detectorist. A dear friend gave me this coin before he died. I'd always assumed it had a dent-like flaw in it. But on closer inspection through a loop last night, I see the word "EVERMAN" stamped into it. Can't find much info online. What does this mean? Does it increase or decrease the value/coolness of the coin? Many thanks, Whit Hill
     

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  3. wcoins

    wcoins GEM-ber

  4. ksparrow

    ksparrow Coin Hoarder Supporter

    That's called a counterstamp. It was common in the 19th century for some merchants (usually silvermsiths/jewelers) to stamp their names onto coins which were handed out in change, as a form of advertising. Most of these coins were silver half dollars or dollars, from what I have seen. Counterstamped gold coins are unusual, I believe. given that this is not a rare gold coin, it might be of interest to a counterstamp collector. There is a reference book by Brunk on counterstamped coins, but I don't have a copy. Sometimes people have searched references on silversmiths and goldsmiths and found information on the merchants who stamped the coins. Sorry I don't have more info!
     
  5. whithill

    whithill New Member

    Thanks, yes, I saw that too, but would love to know more about what it means. Why would someone ("Everman" or whoever) stamp a coin like that? What was the purpose?
     
  6. ksparrow

    ksparrow Coin Hoarder Supporter

    Great find, wcoins! I bet John Kraljevich would be very interested in this gold dollar and the author of the thread should contact him!(I was still typing my first post when you posted your reply)
     
  7. whithill

    whithill New Member

    Oh, thank you ksparrow, our posts xd in the mail. So...advertising! Cool!
     
  8. ksparrow

    ksparrow Coin Hoarder Supporter

    Yes. google "Houck's Panacea" which is a very sought after counterstamp, usually on bust half dollars.
     
  9. xGAJx

    xGAJx Happy

    It's the start of "Every man for himself" No, just kidding, I have no clue.
     
  10. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Counter stamps will sometimes add value depending on war it says but it really depends on the counter stamp collectors. Other times, counter stamps will not add value or even decrease the value on some coins.
     
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