1787 Shilling with countermark ; Does this Have any Extra Value ?

Hi there, I have this 1787 shilling with a countermark on the obverse. It looks like a fancy L monogram, with F.T. and the same fancy L monogram. I know this was one of the coins sent to Australia with an overvalue of one more penny, so maybe it is tied to that ? Or a love token from someone well off, but then, the other side is usually filled off. This is not the case here. Does anyone know what that countermark is, and if it gives it any extra value ?

Thanks in advance,

Ginger

Nice coin! I like the countermark but sorry to say I dont recognize it.

Some countermarks can add value but generally not. Some are well known (look up JOP dollars from Canada) and catalogued in books, but most countermarks are unknown, untraceable. If someone knows this countermark that might add value for some collectors, but still others will say the coin is damaged regardless of the countermark's history. I hope you get more info on this but dont expect much added value unless there is some record (provenance) to the mark. Then you still have to get the coin in front of a collector who prizes that countermark.

PS: if I were in the market for shillings and found this at a dealers table I would buy it, but would not offer a premium for it

 Not an  L  letter unless coin is upside down. 

More likely a choice of  I  J  F  from this picture 

 with a fancy horizontal line across the middle. 

Which would then make sense with  FT already there. 

Thank you both for your input. Those fancy letters can be hard to read. I do have a set of stamping fancy letters, which I use for Christmas cards, I didn't think about looking at them. I don't think this countermark would have any extra value in Québec. Maybe in the rest of Canada, but here I don't think it would fetch anything more. Those coins are not even popular here, I sell very little. I guess I will leave it with the “normal value”, unless someone is able to pinpoint the identification.

Thanks a lot !

Ginger

 It did occur to me, after writing that - for the left letter being  F, 

perhaps then the right letter is a  T  there. 

 So left to right  F  F  T  T  as in two ways of putting FT initials. 

Interesting ! I'll look it up…

Thanks !

Ginger

So far, no result matching it to a T. It was popular imn the 19th century to counterstamp coins for various uses… But, it was usually on low-value coins, such as pennies and fractions thereof. A shilling was quite a bit of money then, I guess… And a silver coin, so counterstamping it for advertising or tool checks seems special. Maybe a love token from a well-to-do family…