Don't know much about these. Red book says if these are counter stamped then they bring more than the plain coins? Does N.Car. 304 really add to the value? Ballpark value in this coin. Pictures are poor and flip is in bad shape.
This from Anthony J. Swiateks' book Encyclopedia of the Commemorative Coins of the United States: "A great distribution campaign extending from Virginia to Texas was initiated to sell the Stone Mountain issue at $1.00 each. The governors of the States of Virginia, South Carolina, Georgia, Florida, Alabama, Mississippi, Louisiana, Texas, Oklahoma, Arkansas, Kentucky and Tennessee served as campaign chairmen. (North Carolina joined the program later.)". This effort was known as the Harvest Campaign and the general plan was to counter-stamp some Stone Mountain coins with numbers and letters to produce unique pieces and possibly generate more revenue. The program fell flat on it's face after Gutzon Borglum (the sculptor of the memorial) abandoned the site. The coins do seem to command a premium. Graded issues have sold on Heritage for modest mucho dinero. Most of these coins are found in less than uncirculated condition (as yours is, which I would grade at XF).
With all of the sleazebags around ready to make a fast buck, how would anyone be able to tell if one counterstamp or another is legitimate? Chris
Swiatek does give a brief sentence of what to look for regarding the counter-stamps........ "Lettering styles indicate there was one basic source, most probably the Confederate Monumental Association, for nearly all the counter-stamped coins. For example all the A's are square-topped; periods were generally rectangular; and all the 2's are square-based." I agree Chris. Something like this would have to be authenticated by an expert.
Yes, it is worth more than a typical example. Please send me a private message (PM) if you are interested in perhaps learning more about selling it for larger money.
Does anyone have a copy of the Stone Mountain coounter stamp list? I think it was published in a copy of the ANA Journal years ago.
