Is it legal to do this to coins?

Discussion in 'Coin Chat' started by JohnP, Jan 22, 2006.

  1. JohnP

    JohnP New Member

    Hello I am new to coin collecting and to cointalk. I have been lurking for a week or so but just registered because I am curious if it is legal to alter US coins such as done in the link below. They say what they are doing is "counterstamping"...is that term correct?

    I always heard it was a crime to deface money.

    Does anyone collect stuff like that?

    Just curious...

    http://www.penny.greatnow.com

    The link above looks to be safe for work. They don't appear to be selling anything, so I guess it is not spam to post it here.
     
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  3. Illya2

    Illya2 New Member

    Welcome to the forum John P. No, it isn't against the law to deface coins unless you are doing it for the purpose of fraud. I think in this instance the purpose is well stated. I wonder about the screwdriver though...
     
  4. JBK

    JBK Coin Collector

    It's legal, and fun.

    I have counterstamped over 1000 coins on two continents with various things. My latest project is to c/s 1000s of nickels with my initials on them. I had a stamp made for that purpose so I get all three initials in one whack.

    Might be fun to see one of my coins show up on ebay or in a reference guide someday. Until then, I take pleasure in knowing that some people will look at my coins and say "what idiot did this?"
     
  5. nickelman

    nickelman Coin Hoarder

    If I'm looking through rolls and I come across coins counterstamped JBK I won't have to wonder I'll Know!
     
  6. JBK

    JBK Coin Collector

    Most of them are on the reverse over Minticello.
     
  7. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    JBK,

    Good idea [in an unusual sort of way]. Where does one go to have a stamp made?
     
  8. Unknown

    Unknown New Member

    If that person comes around here, they will know! :) :D
     
  9. JBK

    JBK Coin Collector

    Lots of places, actually. I search in the Internet, key words such as "steel hand stamp". Harper Manufacturing is one, while NGRAVUR Company (Also called R J Phillips Assoc, Bozrah, CT) is another. The second is a small place, with less choice of styles, but the guy is real nice, the service is FAST, and he is also the cheapest (initials cost me about $40 delivered).

    Give it a try - counterstamping is a dying art. We need to keep things going for future generations to collect.
     
  10. Unknown

    Unknown New Member

    Well, if there where silver coins around in circulation normally, not the few you can still find in the USA today, and they where not more expensive than face value, I am sure more will do this type of thing, it is easier to mold silver.

    How do you do the stamping, is hand force enough?
     
  11. willieboyd2

    willieboyd2 First Class Poster

    Be careful about that website:
    http: www penny greatnow com
    It tried to load a program onto my computer.
     
  12. JBK

    JBK Coin Collector

    No - a steel stamp is hit with a hammer. I tried a couple silver quarters, and they were harder to stamp than nickels (don't forget - nickels and CN is 75% copper).
     
  13. Unknown

    Unknown New Member

    I see, thank you for the info!
     
  14. Tom Maringer

    Tom Maringer Senior Member

    A new nickel counterstamping has surfaced... NO MORE LIES on one side and FREE PRESS on the other. FreePress-04.jpg
    The nickels are mixed random dates, and the marks are randomly rotated.
     
  15. Tom Maringer

    Tom Maringer Senior Member

  16. Conder101

    Conder101 Numismatist

    It is also illegal to put advertising on a coin so a counterstamp of your business or company logo would be illegal.
     
  17. dcarr

    dcarr Mint-Master

    This is true, although nobody would really care unless you were marking a LOT of them AND intentionally placing them back into circulation.
     
  18. ValpoBeginner

    ValpoBeginner Well Known Supporter

    Are love tokens illegal? I'm guessing no. I hope not.
     
  19. It's your money, you can do what you like as long as you don't sell it as a genuine coin.
     
  20. Dougmeister

    Dougmeister Well-Known Member

    Yes, they are illegal. If the government catches you, they will make you break up your relationship and put the coin back to it's original state.
     
    paddyman98 likes this.
  21. ValpoBeginner

    ValpoBeginner Well Known Supporter

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