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<p>[QUOTE=&quot;cwtokenman, post: 95681, member: 2100&quot;]This counterstamp is not listed in Brunk&#039;s 2003 counterstamp book. At least two known examples are needed to be listed there. My suspicion is that E.A. Race was a private individual that stamped that coin and either E.A. or someone known to them kept this coin and put it away since it is such nice condition.</p><p><br /></p><p>I have a couple of reasons for thinking this. Merchants who were going to stamp a number of coins typically had a single stamp made, so everything could be stamped at once, speeding up the process. It was the private individuals that tended to use the individual letter stamps. The job done on your coin is above average for individual stamps, relatively even impressions with decent spacings. Also, merchants wanted their counterstamped coins to circulate, providing them with free advertising. As mentioned, your coin appears to have been stamped, then put away.</p><p><br /></p><p>Merchant counterstamps generally attract more interest than private individuals, unless that individual is well known. The problem with most private counterstamps is that they are harder to attribute, making them less desirable. Your coin does have several pluses going for it, however. Foremost is the excellent condition (many counterstamped coins are in rather poor condition), and even if E.A. was a private individual, the additional stamps giving a location as well as a date are very meaningful bonuses. </p><p><br /></p><p>Many coin collectors may not be aware, but many collectors of exonumia thrive on researching the unknown. I, as well as a great many other collectors, enjoy researching the origins of previously unknown or unidentified pieces. Old directories are much sought after and highly prized for this purpose. So, with quite a bit of info provided by the counterstamp, MO is that this would be a highly desirable piece.</p><p><br /></p><p>Values are hard to judge, especially on ebay, as the exact same item could sell for half or double what the exact same thing sold for the day before. In general, if the person or business that made the counterstamping is identified, the value will generally be at least as much, but likely more, than if the counterstamp was not present. I don&#039;t follow regular coinage values at all to know what its value as a coin may have been, but if I was expecting to win that coin in an ebay auction, I would expect to pay at least $200 for it, but that is just my opinion.[/QUOTE]</p><p><br /></p>

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