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<p>[QUOTE="JBK, post: 2845112, member: 1101"]I love counterstamps but I am a bit suspicious of slabs (or at least the frenzy to get everything slabbed), so I will leave the ethical issues regarding the label to others. I do know that for some counterstamps the coin is essentially transformed into a new coin/token with the added counterstamp, so that blurs the issue a bit. As for where the TPGs draw the line, I think there is already a lot of inconsistency in various areas of the whole process. </p><p><br /></p><p>I do not lament that an MS62 FE cent is "defaced". It was worth one cent when it happened and it is very likely that this particular coin exists today in such high grade precisely because of the counterstamp. Until recent decades counterstamps were considered damage, so one has to wonder why this one was preserved in new condition. Perhaps it was a memento retained by the "issuer"?[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 2845112, member: 1101"]I love counterstamps but I am a bit suspicious of slabs (or at least the frenzy to get everything slabbed), so I will leave the ethical issues regarding the label to others. I do know that for some counterstamps the coin is essentially transformed into a new coin/token with the added counterstamp, so that blurs the issue a bit. As for where the TPGs draw the line, I think there is already a lot of inconsistency in various areas of the whole process. I do not lament that an MS62 FE cent is "defaced". It was worth one cent when it happened and it is very likely that this particular coin exists today in such high grade precisely because of the counterstamp. Until recent decades counterstamps were considered damage, so one has to wonder why this one was preserved in new condition. Perhaps it was a memento retained by the "issuer"?[/QUOTE]
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