Counterstamp: A letter, word,
phrase, symbol etc that is punched into a coin by a nonofficial source such as
a private person or business for the purpose of advertising, testing a punch,
or just random damage.
Countermark: A letter, word, phrase, symbol etc that is punched into a coin by an official authority so as to permit the coin to pass at a revised value, or to be accepted as a legal tender in an area other than the one for which it was originally struck.
Countermarks are almost always worth a premium because One, they are official. Two, they are normally the result of an emergency situation. Three, the production is usually small and survival in low.
Counterstamps tend to come as two basic types, identified issuers, and unidentified issuers. Identified issuers are always worth more than unidentified ones. Identified issuers are typically full names or business names, sometimes with addresses, or a recognized logo etc. Rarely are they just individual letters. Unidentified issuers can also be full names that just have not been attributed to a specific person. Single letters or pairs of letters are almost always unidentified. Unidentified individual or paired letter punches should not be considered to be Counterstamps but would be better classified as simple damage. Many dealers with a coin that has a random letter punched into it will try and get a large premium for it by calling it a counterstamp. But if it can't be attributed to a specific issuer it should be treated as just a damaged coin and it's value should be reduced greatly, not increased.
Read more: http://www.cointalk.com/t203487/#ixzz1vVX6nn3q
Countermark: A letter, word, phrase, symbol etc that is punched into a coin by an official authority so as to permit the coin to pass at a revised value, or to be accepted as a legal tender in an area other than the one for which it was originally struck.
Countermarks are almost always worth a premium because One, they are official. Two, they are normally the result of an emergency situation. Three, the production is usually small and survival in low.
Counterstamps tend to come as two basic types, identified issuers, and unidentified issuers. Identified issuers are always worth more than unidentified ones. Identified issuers are typically full names or business names, sometimes with addresses, or a recognized logo etc. Rarely are they just individual letters. Unidentified issuers can also be full names that just have not been attributed to a specific person. Single letters or pairs of letters are almost always unidentified. Unidentified individual or paired letter punches should not be considered to be Counterstamps but would be better classified as simple damage. Many dealers with a coin that has a random letter punched into it will try and get a large premium for it by calling it a counterstamp. But if it can't be attributed to a specific issuer it should be treated as just a damaged coin and it's value should be reduced greatly, not increased.
Read more: http://www.cointalk.com/t203487/#ixzz1vVX6nn3q
Brazil 1827 80 Reis Counter-Stamped to 40 Reis (Ruler:Pedro I)
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