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<p>[QUOTE="JBK, post: 1679620, member: 1101"]With all due respect, I don’t understand why people insist that a counterstamped cent like this is “only worth a cent”. It may be worth only that to someone who doesn’t collect counterstamped coins, but to many others it does have some extra value.</p><p><br /></p><p>To be sure, these types of novelty Lincoln cents are on the lowest end of the scale when it comes to value or collectability, but actual completed auctions on eBay prove that they are worth more than a cent on the secondary market. </p><p><br /></p><p>On another recent post, a CT member asked about a counterstamped wheat cent he had found – it went out on eBay and sold for over 1500 times face value. Granted, it was a bit more unusual than a state counterstamp, but it had also been dismissed as worthless.</p><p><br /></p><p>The most I have paid for a counterstamp was about $200 for a VOTE THE LAND FREE large cent (I probably overpaid, but I decided it was time to get one). For decades after it was made in the 1840s I am sure there were people who said it was only worth a cent, and for a century after that it was bought and sold as a cull coin. It has found a collector base, however, so those days are long gone.[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 1679620, member: 1101"]With all due respect, I don’t understand why people insist that a counterstamped cent like this is “only worth a cent”. It may be worth only that to someone who doesn’t collect counterstamped coins, but to many others it does have some extra value. To be sure, these types of novelty Lincoln cents are on the lowest end of the scale when it comes to value or collectability, but actual completed auctions on eBay prove that they are worth more than a cent on the secondary market. On another recent post, a CT member asked about a counterstamped wheat cent he had found – it went out on eBay and sold for over 1500 times face value. Granted, it was a bit more unusual than a state counterstamp, but it had also been dismissed as worthless. The most I have paid for a counterstamp was about $200 for a VOTE THE LAND FREE large cent (I probably overpaid, but I decided it was time to get one). For decades after it was made in the 1840s I am sure there were people who said it was only worth a cent, and for a century after that it was bought and sold as a cull coin. It has found a collector base, however, so those days are long gone.[/QUOTE]
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