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 Replies: 48 / Views: 6,190 |
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Moderator
 United States
16679 Posts |
It's terrible, but it happens. I have a 1766 Pitt Halfpenny that has a square nail hole at 12.
Supporters of William Pitt would do this to wear as medalets. It would be worth over a grand without the hole. Still a beautiful piece :-)
swcoin.ecrater.com
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Valued Member
Canada
221 Posts |
Check these holes out Think they were made for a kids wizzing toy they put a shoe string through one hole and back through the other and tied the ends Whine the coin around a few times between your hands pull the ends back and forth and there you go.   |
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Bedrock of the Community
Australia
21788 Posts |
I would jump on that coin, but for melt value only.
I got an EF 1915H Australian Half Penny out of a dealer's junk box for 20c. Current cat. value $1250. I think I paid about the right price for mine.
Edited by sel_69l
11/07/2010 02:50 am
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Valued Member
Canada
221 Posts |
Ya, it's a 1855 up-right 5's could had been a $30.00 coin
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Valued Member
Canada
153 Posts |
Sometimes, when you see 2 or 4 holes, it was used as a button for someone who had nothing better to put there.
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Valued Member
Canada
221 Posts |
Hey I need a top button on my pj's and it's about the right size. lol
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Valued Member
 Canada
241 Posts |
yeah why not waste a potential 300$ !
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Moderator
United States
16679 Posts |
Hey, those are not square nail holes!
swcoin.ecrater.com
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Pillar of the Community
Canada
1248 Posts |
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Pillar of the Community
Canada
4944 Posts |
Coin ended up selling for $407 and $15 shipping :o
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Valued Member
Canada
221 Posts |
A holed 1948 dollar for about $400
I think that's pretty good
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Pillar of the Community
Canada
4944 Posts |
Yeah, considering that a F-12 is $900. Although I wouldn't have bought this one.
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Valued Member
Canada
221 Posts |
Ya, I,ve bid on a few 48's at auctions but always get out bid by someone I know
is maybe working with the auction to keep the bid realistic imo.
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Pillar of the Community
Canada
1581 Posts |
> You will not have any problem buying a 1948 any time you want, if you have the cash waiting. Usually you won't have to look any further than ebay, but if you do, > most serious dealers have multiple examples available. Compare it to something like the 1946c Newfoundland 5 cent, of which around 2000 were made. They are (understandably) > harder to find than 1948 dollars, but still sell for less money. That is the nature of the 1948 dollar, massive popularity driving the prices way out of line with true scarcity. Good example. Although some would argue the demand side of supply and demand might affect that (far fewer collectors of Newfoundland coinage). There are a lot of Newfoundland coinage with skimpy mintages that are easily obtained at low prices for the lower grades (it's a very higher grade price skewed coinage). The 1947ML is a brother, with a shared history, supposedly attractive to the same collectors of the same type, and yet the 1948 gets a massive premium because 3000 fewer being minted? The demand seems to have always been driven by hype instead of scarcity. But, of course, owners of them would understandably not want this premium questioned. |
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Pillar of the Community
 Canada
617 Posts |
When I bought my 1948, my local coinshop had two or three in each grade. All you needed was cash, no work involved.
Contrast that to the time and energy needed to hunt down a decent 1904 or 1905 50 cent piece.
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Replies: 48 / Views: 6,190 |
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Posted 11/06/2010 10:22 pm
