Fair Price. 1864-L IHC Holed

The only thing I can think is they are soil finds with damage/impacts from rocks/etc in the ground?

-Jay

jarubla, Many of the holed coins are from jewelry but some were also holed because pockets in the 1860's were not very reliable so they holed the coins to string together. I do also remember something about nailing one above a door for good luck.

Sometimes, coins were "strung" together for use on watch fobs. I once bought a "string" of Indian cents, each of which had two holes, one at 12 o'clock and one at 6 o'clock (through the dates! - 1870's, too). There were a dozen or so Indians, joined by metal links, with the Indian Heads all facing in the same direction.

A birth year or anniversary year may have well been a consideration when it came to drilling a coin. Also, a holed coin might have been used in a magic trick or game. If someone built something, say a toolbox, a coin might be nailed to it for luck. Many years ago, I had occasion to buy a holed large cent that had been pried loose from an old, wooden toolbox. Sad stories, these ...

I like the square nail holed ones.

Ouch! Looks like estimates weren't that far off.