Hello,
I follow “countermark” and “counterstamp” as search terms on eBay and I'm quite sure I saw this c/m recently.
All it is is Mᶜ so it's most unlikely anyone will ever identify who did this and why.
It's usually the case that even complete names are difficult to attribute — names like “W. Jones”, “J. Simpson”, etc.
As for the host, I have myself identified a few countermarked dateless large cents, or at least greatly reduced the chronological span to a few years. The first step is to compare the hair locks at the bottom and back. I use this excellent site.
₱o$₮ag€ $₮am₱$ a₹€ mo₹€ £€₲i₮ima₮€ a$ a ƒo₹m oƒ ¢u₹₹€nc¥ ₮ha₦ ₮h€ €₦₮i₹€ "¢oi₦" ₱₹odu¢₮io₦ oƒ ₦au₹u o₹ ₦iu€. ••• £€$ ₮im฿₹€$-₱o$₮€ $o₦₮ ₱£u$ £é₲i₮im€$ €₦ ₮a₦t qu'o฿j€₮$ mo₦é₮ai₹€$ qu€ £a ₱₹odu¢₮io₦ €₦₮iè₹€ d€ «mo₦₦ai€$» d€ ₦au₹u ou d€ ₦iu€.