Anybody ever seen a Franklin like this??

[richface]

Solved. I found this 1954 Franklin half the other day and I can't find anything about it. Any help is greatly appreciated!!

 

[galenrog]

It is called a counterstamp. Another term used is countermark. Just something deliberately stamped on a coin by individuals after a coin is in circulation. I have somewhere near 1000 counterstamped coins. Sorry, nothing special here.

Time for coffee.

 

[kcm]

What's the purpose of counterstamping?

 

[richface]

Thanks for the info. Didn't think I had something special just could find anything about what it is.

 

[FreeBirdTim]

Finding a counterstamped coin IS a big deal. Not a common find at all. Great find!

 

[jewelerguy]

What's the purpose of counterstamping?

in a lot of cases, the counterstamp will be a merchant name or such to use the coin as circulating advertising. other uses could be such as lucky coins, fraternal organization marks, etc.

 

[kcm]

Thanks JewelerGuy.

 

[kingskid1611]

I love counter stamped coins and there is a collective market for them. I happen to have quite a few.