2021 Lincoln Shield Cent Penny 1C Buffalo Bison Counterstamp Gift Lucky Coin!

Description: 2021 Lincoln Shield Cent Buffalo Bison design counterstamp imprint lincoln cent lucky charm coin. An amazing collectible for a special gift or coin collection! Check out my other coin countertamp designs available! :) A lot of people have asked me about counterstamped coins over the years. While you might not know exactly what a counterstamped coin is, you’ve probably seen one in the past or even have one yourself. Have a Lincoln penny with Kennedy face on it? Or a penny with a state outline? Or a penny with a Mason stamp? Those are a few of the most common examples of counterstamped coins you’re likely to come across in your pocket change. In this article you will learn: What a counterstamped coin is.How and why these coins are made.What some of the most popular counterstamped coins are.Some tips for collecting them.How much counterstamped coins are worth.What Are Counterstamped Coins?Counterstamped coins are genuine coins — they’re not fakes, and they’re not error coins. However, that little unusual design you don’t normally see on the coin was placed there by someone outside the mint. In other words, a penny with Kennedy on it or a penny with an outline of a state didn’t come from the United States Mint that way. How Are Counterstamped Coins Made? A counterstamp is set into an existing coin usually by a die on a press or other machinery. Counterstamps are similar to but different from countermarks — which are handpunched into the coin by a hammer, a simple machine, or the like. There are many different merchant and privately countermarked coins. Among the countermarks commonly seen on United States coins are those found on the Trade dollar — a large silver coin produced from 1878 through 1885 that was widely circulated in China and other southeast Asian nations. Some of the merchants there who handled these coins punched their unique stamps (often called chop marks) onto them. Chop marked Trade dollars are widely collected and regarded as unique –because no two are really alike. Counterstamped Coins Are Novelty Coins Counterstamped coins are generally considered altered but are widely collected as novelty coins. Not all novelty coins with weird markings are known as counterstamps, though. For example… Do you have any oval-shaped pennies with stampings from theme parks, national historic sites, or markings from other places? These pieces are similar to counterstamped coins — they belong to a group of coins known as elongateds. Elongated pennies are the most common type of elongated coin, but they are made from all denominations. Why Are Some Coins Counterstamped? Most often, counterstamped coins are created as special souvenirs or marketing items. (Sometimes they’re even created as a form of coupon or admission for a special event!) Usually, they’re sold as special mementos of particular organizations — some even sell them as good luck charms. In some cases, counterstamps derive from the government where the coin originated. Consider, for example, a few of the classic coins of the West Indies. Curacao counterstamped a variety of coins from Brazil and other places with its own counterstamp to declare the pieces as legal tender on the island. Likewise, there is much speculation that an official (or officials) at the United States Mint counterstamped some 1815 and 1825 Capped Bust quarters with unusual “E” and “L” stamps. Theories suggest the “E” and “L” stamps have something to do with testing various mint press settings — with the “E” possibly referring to “even” or “excess” and the “L” for “light.” But a more plausible origin for the counterstamped quarter is the coins were used as voting counters for a religious group known as the Harmonists, located in Pennsylvania. No conclusion has been proven and the origin of these E and L Capped Bust counterstamped quarters remains a mystery. Many 1925 Stone Mountain commemorative half dollars were counterstamped with markings such as state abbreviations and numbers. These counterstamps were placed onto the coins by the governors and civic organizations of various states and originated with a special promotion to sell these popular United States commemorative half dollars. Coin Markings That Do Come From The Mint Having said all of this about counterstamps, there are some unusual markings people ask me about that were made at the mint. I don’t want to delve too far off on a tangent here, so I’ll keep this section brief. But here’s a rundown on some mint-made letters, shapes, and other markings that you should know about: Designer initials — You may have seen tiny individuals letters or groupings of letters that don’t seem obvious in their meaning. These are often initials indicating the designer of a coin. Some of the most popular coins noted for their initials include: “VDB” on the Lincoln cent for Victor David Brenner, “F” on the Buffalo nickel for James Earle Fraser, and “GR” (Gilroy Roberts) on the obverse of the Kennedy half dollar and “FG” (Frank Gasparro) on the reverse of that coin.Mintmarks — These little letters on coins tell you which United States Mint facility produced them. Common mintmarks from the U.S. Mint are “P” (Philadelphia), “D” (Denver), “S” (San Francisco), and “W” (West Point). There are also many other mintmarks, too. The biggest mintmarks seen on U.S. coins to date are the large “P,” “D,” and “S” mintmarks on the reverse of the World War II-era Jefferson nickels. (These large mintmarks over the top of Monticello indicate that the coin contains a 35% silver wartime composition.)Privy marks — Privy marks have not been seen on modern United States coins — until recently. These tiny designs and shapes are most often seen these days on limited-edition coins or collector coins. The markings tend to have a ceremonious or commercial purpose to mark a special occasion.If you happen to see a much bigger, more prominent letter floating somewhere else on the coin all by itself, it is most likely a post-mint counterstamp. Tips For Collecting Counterstamped Coins Many coin collectors don’t like counterstamped coins because the markings themselves are considered alterations. That’s why many numismatic purists won’t touch these so-called damaged coins with a 10-foot pole. But that doesn’t mean these coins are worthless. Coins with counterstamps are collectibles in their own right because the markings tell their own stories. While such coins are normally worth less than unaltered versions of the same pieces, some of these coins can actually fetch higher prices: The 1815 and 1825 “L” and “E” quarters or the 1925 Stone Mountain half dollars with countermarks that I discussed above often trade for more than their unaltered counterparts of similar grade.Likewise, even worn examples of more common pieces such as the Lincoln-Kennedy penny or Mason penny (also mentioned above) will trade between collectors well above face value!The bottom line is… There’s no right or wrong way to collect coins — and that certainly goes for coins with counterstamps. You might want to pursue certain types of counterstamps or perhaps counterstamps on a particular denomination. Of course, many counterstamped coin collectors have very little rhyme or reason behind how they collect these pieces. Just collect what you like! List Of Counterstamped Coins & Their Values It’s virtually impossible to list all U.S. counterstamped coins — because there are just so many, and new ones are being made all the time. I may add more coins to this list in the future, but it does include the most popular and widely collected counterstamped U.S. coins: Lincoln penny with Kennedy face — $10 to $20Lincoln penny with state outline — $10Lincoln penny with Mason symbol — $20Nickel, dime, or quarter with state outline — $20 to $301815 and 1825 Capped Bust quarter with “E” or “L” counterstamps — $1,500+1925 Stone Mountain half dollar with letter or number counterstamps — $500+Kennedy half dollar with “1963,” “Dallas,” or other unusual date and phrase markings — $20+Trade dollar with chop marks — $125+NOTE: These are only pricing approximations. How much your counterstamped coin is worth depends largely on its condition and the financial willingness of the person potentially buying it. Because counterstamped coins are an area of the hobby not as well traveled as others, there is much more fluidity in market pricing for these pieces. About Abraham Lincoln: Abraham Lincoln became the United States’ 16th President in 1861, issuing the Emancipation Proclamation that declared forever free those slaves within the Confederacy in 1863. Lincoln warned the South in his Inaugural Address: “In your hands, my dissatisfied fellow-countrymen, and not in mine, is the momentous issue of civil war. The government will not assail you…. You have no oath registered in Heaven to destroy the government, while I shall have the most solemn one to preserve, protect and defend it.” Lincoln thought secession was illegal and was willing to use force to defend Federal law and the Union. When Confederate batteries fired on Fort Sumter and forced its surrender, he called on the states for 75,000 volunteers. Four more slave states joined the Confederacy but four remained within the Union. The Civil War had begun. The son of a Kentucky frontiersman, Lincoln had to struggle for a living and for learning. Five months before receiving his party’s nomination for President, he sketched his life: “I was born Feb. 12, 1809, in Hardin County, Kentucky. My parents were both born in Virginia, of undistinguished families–second families, perhaps I should say. My mother, who died in my tenth year, was of a family of the name of Hanks…. My father … removed from Kentucky to … Indiana, in my eighth year…. It was a wild region, with many bears and other wild animals still in the woods. There I grew up…. Of course, when I came of age I did not know much. Still, somehow, I could read, write, and cipher … but that was all.” Lincoln made extraordinary efforts to attain knowledge while working on a farm, splitting rails for fences, and keeping store at New Salem, Illinois. He was a captain in the Black Hawk War, spent eight years in the Illinois legislature, and rode the circuit of courts for many years. His law partner said of him, “His ambition was a little engine that knew no rest.” He married Mary Todd, and they had four boys, only one of whom lived to maturity. In 1858 Lincoln ran against Stephen A. Douglas for Senator. He lost the election, but in debating with Douglas he gained a national reputation that won him the Republican nomination for President in 1860. As President, he built the Republican Party into a strong national organization. Further, he rallied most of the northern Democrats to the Union cause. On January 1, 1863, he issued the Emancipation Proclamation that declared forever free those slaves within the Confederacy. Lincoln never let the world forget that the Civil War involved an even larger issue. This he stated most movingly in dedicating the military cemetery at Gettysburg: “that we here highly resolve that these dead shall not have died in vain–that this nation, under God, shall have a new birth of freedom–and that government of the people, by the people, for the people, shall not perish from the earth.” Lincoln won re-election in 1864, as Union military triumphs heralded an end to the war. In his planning for peace, the President was flexible and generous, encouraging Southerners to lay down their arms and join speedily in reunion. The spirit that guided him was clearly that of his Second Inaugural Address, now inscribed on one wall of the Lincoln Memorial in Washington, D. C.: “With malice toward none; with charity for all; with firmness in the right, as God gives us to see the right, let us strive on to finish the work we are in; to bind up the nation’s wounds…. ” On Good Friday, April 14, 1865, Lincoln was assassinated at Ford’s Theatre in Washington by John Wilkes Booth, an actor, who somehow thought he was helping the South. The opposite was the result, for, with Lincoln’s death, the possibility of peace with magnanimity died. About The Lincoln Cent: The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958). The coin has seen several reverse, or tails, designs and now bears one by Lyndall Bass depicting a Union shield. All coins struck by the United States government with a value of 1/100 of a dollar are called cents because the United States has always minted coins using decimals. The penny nickname is a carryover from the coins struck in England, which went to decimals for coins in 1971. In 1905, sculptor Augustus Saint-Gaudens was hired by the Mint to redesign the cent and the four gold coins, which did not require congressional approval. Two of Saint-Gaudens's proposed designs for the cent were eventually adapted for the gold pieces, but Saint-Gaudens died in August 1907 before submitting additional designs for the cent. In January 1909, the Mint engaged Brenner to design a cent depicting the late president Abraham Lincoln, 1909 being the centennial year of his birth. It was the first widely circulating design of a U.S. president on a coin, an idea that had been seen as too monarchical in the past, namely by George Washington. Nevertheless, Brenner's design was eventually approved, and the new coins were issued to great public interest on August 2, 1909. Brenner's initials (VDB), on the reverse at its base, were deemed too prominent once the coins were issued, and were removed within days of the release. The initials were restored, this time smaller, on Lincoln's shoulder, in 1918. Originally struck in 95% copper, the cent coin was changed for one year to zinc-coated steel in 1943 as copper was needed to aid in the war effort. The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to zinc with an outer copper layer. Brenner's wheat reverse was replaced in 1959 by a depiction of the Lincoln Memorial designed by Frank Gasparro, for the sesquicentennial of his birth year. The Lincoln Memorial reverse was itself replaced in 2009 by four commemorative designs marking the bicentennial of Lincoln's birth. Beginning in 2010, Bass's shield design was coined. Get Started Collecting Coins: It’s easy to start a coin collection. You can begin with coins that you already have on hand. Becoming a coin collector involves a common vocabulary. Get familiar with the parts of a coin and basic coin terms. Ways to Collect There are many approaches to collecting coins. Common collection themes include:CountryTime periodCoin finishDenominationMint markDesign themeArtistThe Mint makes yearly sets, such as uncirculated, proof, and quarter sets, that make it easier to collect based on some of these themes. Error Coins Sometimes the Mint makes mistakes. Although most error coins are recycled before they ever leave a Mint facility, the few that make it into circulation are often considered collectibles. Coins made before the invention of modern machinery show a variety of die, planchet, or striking errors. Examples include:Off-center strikesMultiple strikesOverstrikesClipped planchetsDefective diesYou can learn more about errors through numismatic publications and organizations. Build Your Collection A combination of finding and buying coins can be a good way to build your collection. Before adding a coin to your collection, consider:Is the coin appealing to you?How lustrous is it? There is no way to restore a coin’s shininess.Is it damaged? Scratches, bag marks, staple marks, and corrosion will decrease a coin’s value.How worn is it? Wear tends to be the biggest factor in determining a coin’s grade.Buying and Trading CoinsIf you are unable to find what you’re looking for in our catalog or Coin Seller Database, you may also find coins through:BanksSearch through coin rolls from a bank.CollectorsTrade or buy coins privately or through coin clubs.Coin DealersCoin dealers buy or trade coins. You may want to ask an experienced collector to suggest reputable dealers.Coin ShowsBuy coins at national or local coin shows.AuctionsThe rarest and most expensive coins are often available only through auctions. Tip: compare prices to avoid overpaying and verify a reasonable return policy before ordering. Flea Markets and Antique Shows Coins can be found at various events, but less competition can encourage inflated prices or selling “problem coins”. Coin Grading Scales The Sheldon coin grading scale is used to determine a coin’s value, based on factors such as how well the coin was made, how much wear it’s developed, and the luster. A coin is assigned a number between 1 and 70, as well as an adjective such as poor, good, very fine, or mint state. There are professional coin grading services, but grading is subjective. As a collector, it’s important to understand coin grading to know the value of a coin and to verify grades given by others. Use resources such as the Official ANA Grading Standards for United States Coins to learn more. Coin Clubs Coin clubs allow you to share your collection with others and learn more about coins. There are many national and local clubs and numismatic organizations. The American Numismatic Association provides a database of clubs around the world. ***Coins in pictures are examples and may not be the exact coins you receive.

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End Time: 2024-08-15T02:35:52.000Z

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