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Replies: 59 / Views: 12,422 |
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Rest in Peace
10197 Posts |
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Pillar of the Community
United States
4421 Posts |
@thq ..... Interesting piece. I've not before seen the like of it, sort of a raised cut-out, creating a 3-D effect. At first glance, I thought it was a belt buckle.
Edited by ExoGuy 10/20/2017 07:12 am
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CCF Advertiser
United States
1533 Posts |
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New Member
United States
3 Posts |
A few years ago, I picked up a holed 1805/4 Draped Bust Half O-102. Without the hole it is either VG10 or F12. Without the hole, it is an R3.
I paid less than 1/3rd to 1/5th its current PCGS value.
It is cool to look at such a clear overdate. A couple of degrees of freedom away from the magical 1804 date.
I dunno, I find myself gravitating toward details and holed coins. Affordable history. I have an AU Details 1797 Draped Bust 10x6. So cool to see such exquisite detail.
I would like to see PCGS/NGC make more of an effort on the genuine coins.
Anyone else with similar sentiments?
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Pillar of the Community
United States
3343 Posts |
When these show up in the cull tub they're hard to pass up.  Louis the 15th king of France and Navarre. For novelty alone ecus are better than AG Walkers.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq 10/26/2017 09:00 am
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Pillar of the Community
United States
4421 Posts |
 to the CCF, krizpe! Quote: Without the hole, it is an R3 I don't see the hole affecting the R-value. It doesn't alter the population. Regardless of holes, counterstamps, cleaning, or other detractors, I've never ceased interest in studying or appreciating a given coin. Been at it for well over fifty years now, maintaining that outlook.
Edited by ExoGuy 10/26/2017 09:08 am
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Pillar of the Community
778 Posts |
I have many historic holed coins. Here is a 1789 Spanish (Peruvian Mint) proclamation piece for King Carolus IV -  Bill
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Pillar of the Community
United States
4421 Posts |
Hey Bill .... That's definitely a historic piece, and in 1789, heads were dropping in France.
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New Member
United States
3 Posts |
Hi Exoguy,
I was reading a note from PCGS that said they did not include "genuine coins" in population numbers, which would then affect the Sheldon Rarity scale. Is that the case?
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Pillar of the Community
United States
4421 Posts |
Hi krizpe,
Offhand, I doubt that the PCGS, their in-house policy, has any influence over Sheldon ratings. If other CCF members have insight into this question, I'll stand corrected. I was an EAC member for some years and never encountered any such exclusion.
Edited by ExoGuy 10/27/2017 10:13 pm
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Pillar of the Community
United States
1590 Posts |
I'm going to let out one of the "dirty little secrets" of professional Coin Dealers. There are slabs out there, genuine slabs, that were originally holed coins. Coins that are the output of a very small number of the very best "coin doctors". Coins that were filled in such a way that they are indectable; even under magnification.
How do I know this? I was a buyer for one of these men till he died 7 years, or so, ago. There are very specific guidelines for buying these coins. Not all coins can be "restored". Obiously coins that are only holed on the fields of the reverse and obverse are prime candidates. But even coins that have been holed in the devices can be "restored" though it takes a lot more work. They also had to be either key dates or condition rarities.
I've never witnessed the "restoration" process, though I have seen the aftermath many times. The output is not that high perhaps a dozen coins a year per person. I'm an Engineer and I have some thoughts on this, but I'll keep them to myself. I do keep holed coins, knowing that at sometime in the future "restorations" will become more common.
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Rest in Peace
10197 Posts |
Jmkendall, often wondered that. Now that our parents and grandparents are dying off, all these "jewelry coins" are hitting the resale markets in the more recent years. These are lower value, not necessarily rare but could be fixed" rather easily to fool most any collector. it'd be a real coin, but a modified(faked) one at the same time, commanding a higher price than damaged goods. A new venture for those in the shmuck category.
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Valued Member
United States
215 Posts |
Heres the coolest holed coin collection ive seen. If you dont like holed coins after seeing this , your too stuborn! I love holed coins as long as they are original in every other aspect. I was actually trying to chase down the pinetree threepence in this picture for my collection. 
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Valued Member
United States
215 Posts |
Some got cut out in picture above... 
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Replies: 59 / Views: 12,422 |