restrike

A restrike is a coin or medal that is minted using original dies from a previous coinage or medal issue. This process is distinct from a simple reproduction or imitation, as it utilizes the authentic tooling. Restrikes are often made long after the original issue date, sometimes by the same mint or by authorized private entities. They can be valuable for collectors, but their value is generally less than original strikes of the same type, as their numismatic scarcity is diminished.

The purpose of restrikes can vary. Historically, they were sometimes produced to meet demand for circulating coinage when existing supplies were low, or to provide mementos. In modern times, many mints produce restrikes of popular historical coins, such as the U.S. Liberty Dollar or various European historical issues, for the collector market. These modern restrikes are usually clearly marked as such, often with a date or mint mark that distinguishes them from the originals.

Identifying a restrike often involves careful examination of the strike quality, metal composition, and details of the dies, which may show signs of wear or modification compared to original dies. The market price of a restrike is influenced by its authenticity, the rarity of the original issue, and the demand from collectors. While they offer a tangible connection to history, collectors must be aware of the distinction between original strikes and restrikes when acquiring numismatic items.