Can I assume its a Exonuminaation (now)

I have a “Overstamped” one Dollar (1976), sold for the 1980s Lake Placid Olympics as special Coin with a Limitation to 2000 pieces.

1) Its more category Exonumia?

2) Was it officially made by US?

3) I didnt found it in the Numista Catalog, isnt here?

Thanks 

JER

Exonumia. Made by private mint, not US Mint.

It's more like a post mint damaged 1 dollar.

This would be Exonumia.  I think it would be a welcomed addition to the Exonumia section.

wow, 2000 Dollar coins overstamped! 

100 rolls of dollars. 

I wonder if they were random circulated dates, or all 1971?

who would undertake such a scheme?

no claim to fame on the packaging I dont imagine…

 Is it not illegal to deface coins? How do they get away with it? 😈 

ZacUK

 Is it not illegal to deface coins? How do they get away with it? 😈 

Actually no unless by doing so you try to defraud someone.

Section 331 of Title 18 of the United States code provides criminal penalties for anyone who fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the Mint does not promote coloring, plating or altering U.S. coinage: however, there are no sanctions against such activity absent fraudulent intent.

When you take a 25 cent piece and try to pass it off as a Sacajawea Dollar, that's fraud. When you take a Buffalo Nickel, and scratch out one of its legs and try to sell it as a rare collectible, that's also fraud.

But when you melt a silver dollar and sell it for its silver value, or you use heat and pressure to turn a coin into a ring, that's genuine and legal.

In this case they're not representing this “coin” as anything other than a manipulated $1 coin.

Mr. Midnight

wow, 2000 Dollar coins overstamped! 

100 rolls of dollars. 

I wonder if they were random circulated dates, or all 1971?

who would undertake such a scheme?

no claim to fame on the packaging I dont imagine…

 

 

I saw in Ebay 4 other coins like this for sale. All were the same year. Maybe they used different years but I beleave they ve taken same coins to “create” this coin….

I would argue that this is still a coin and not exonumia, since a real US coin was used to create it. Most of the coin is still there - this is akin to stamping something on a dollar bill as is often done for fun or tracing purposes.

I think that the coin still retains its face value of $1 and you could turn it in at any US bank to deposit to your account. 

Kopeika

I would argue that this is still a coin and not exonumia, since a real US coin was used to create it. Most of the coin is still there - this is akin to stamping something on a dollar bill as is often done for fun or tracing purposes.

 

I think that the coin still retains its face value of $1 and you could turn it in at any US bank to deposit to your account. 

It is still a coin, but the question is whether a separate listing is justified.

If treated as a coin it would be post-mint damage and not be listed as a separate mintage line. At best it would be put into the comments section which would make it hard to locate and impossible to add to a collection record on Numista.

The guidelines say “(note that modified coins, such as elongated pennies, are in the scope of exonumia)”.

And there are existing examples of modified coins in Exonumia.
N#368112

N#42234

bjherbison

The guidelines say “(note that modified coins, such as elongated pennies, are in the scope of exonumia)”.

 

I see.

Kopeika

I would argue that this is still a coin and not exonumia, since a real US coin was used to create it. Most of the coin is still there - this is akin to stamping something on a dollar bill as is often done for fun or tracing purposes.

 

I think that the coin still retains its face value of $1 and you could turn it in at any US bank to deposit to your account. 

Couterstamped coins have been around for thousands of years. My guess is, it was easier for a Greek city state to couterstamp another city states coinage than mint its own. In these cases the couterstamped coinage would remain coinage but would be shown under the country which counterstamped it. In the early 19th century, it was common for businesses to counterstamp US coinage. They can be found listed in the Krause Standard Catalog of United States Tokens 1700-1900 by Rulau. Since the countermarks were made privately, they are considered to be tokens. This is illegal to do today, you can legally deface coinage, but you can't use it to advertise your business.

This is Hard Times Token HT 533c as listed in the SC of US Tokens 1700-1900 Addendum.