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Replies: 24 / Views: 2,981 |
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Pillar of the Community
United States
968 Posts |
The copper inside the hole doesn't seem to have much of a patina. That makes me wonder if it was actually done more recently, or at least was worn on a string (which rubbed on it) until recently.
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Pillar of the Community
United States
2208 Posts |
Reminds me of a 1877 IHC I saw on ebay with a similar hole in it. Three big WHYs? for that one!
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Moderator
  United States
16679 Posts |
Quote: Would look good hanging around your neck Dave.

swcoin.ecrater.com
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Pillar of the Community
 United States
1551 Posts |
Hey DAD is this drill sharpI don't know..... Try to drill though a penny or something!Hey make sure its a worn one the Bank will not take damaged ones in change Son!  
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Valued Member
United States
315 Posts |
Saw one way worse than that. A 1907 Wire Rim High Relief $20 gold piece. No hole, but had been in a pendant or something for a necklace. The obverse side was easily a MS 62+ or might have made 63. The reverse was worn smooth, slick, gone. How do you grade that? MS62/AG3? It may not have even been AG on the reverse. I could not tell it was a coin on the obverse. Looked like a gold circle.
I am thinking if it would have been MS 63/63 that would be a 15K or much higher coin.
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Moderator
 United States
189130 Posts |
I was not prepared for that. Not at all! 
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Valued Member
United States
304 Posts |
It's up to us to save as many as we can! 
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Valued Member
United States
315 Posts |
The $20 gold piece just blew me away. I am not sure what the market is for a one side coin like that. Maybe could turn it into a nice piece of jewelry. I am guessing that it would have been 15K-20K depending on the buyer, if it had not been worn like that. But, there is no doubt the obverse was easily, no doubt, for sure, MS63. The dealer that had it said that it was more likely a MS64 obverse. But, he could have been pumping. Although, there would be no reason to do so since the other side was gone. He said he was shocked when he saw the reverse.
I wanted to "rescue" the "remains". But, I got out of gold when it was trading in the $1400s and have not looked back.
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Pillar of the Community
United States
4333 Posts |
I just dug an 1869 IH the other day. No hole though. You would not believe the number of holed large cents and early halves dug, that are holed. Some people back then wore their coins, so as not to lose them.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
United States
466 Posts |
I hate seeing holed coins, and defaced coins I have a 1918 D Buffalo nickel I found roll searching that someone engraved like war paint type marks on the face of the indian. I don't know if it was someone trying to make a hobo nickel, but whatever it is, they really messed up a perfect date really nice looking coin
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Pillar of the Community
United States
1510 Posts |
that hurt looking at that..... 
Retired USAF 1983-2003
Edited by Coinstar 09/09/2011 9:02 pm
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Pillar of the Community
United States
4418 Posts |
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Pillar of the Community
United States
1801 Posts |
Actually large cents and Indian Head cents with holes are very common. It was tradition in the 1800's to naila cent to the header board above the doorway when you built a new building, be it a home, cabin, barn, workshop for both good luck and to mark the date. I have several large cents with square holes, from the old square nails, that I bought when I lived in CT for a year. I was told they were found in the ruins of old barns in the area. However the coin that started this thread looks more like it was done to wear as a pendant or charm.
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Pillar of the Community
United States
1510 Posts |
that is some cool trivia!
Retired USAF 1983-2003
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Valued Member
United States
450 Posts |
Not everyone is a coin collector and appreciates the history and value.
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