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Holed Coins

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Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 06/30/2008  10:35 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
One of the main reasons that I collect coins is to be able to enjoy them as miniature objects of art, little round sculptures, if you will. Personally, I'd never hole a coin, but when I view the 1908-O Barber quarter that I paid some kid a buck for years and years ago ... I can understand the motivation of the person who holed it so it could be worn as a pendant.

On the other hand, I'd NEVER consider an SBA dollar as an object of art. I bet no one EVER found a holed SBA - lol!
Valued Member
United States
429 Posts
 Posted 07/01/2008  11:14 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
There is a local store that the guy that owns it gets bored and changes old coins into jewelry and money clips. I do not mind if it is a common date and worthless coin but when you start using MS60+ Morgans and Franklin's I get a little upset. The thing that makes me laugh is that he could sell them for more if he did not do this, sometimes I wonder if he knows better and then I come across a $2 1/2 or $5 gold piece on its own. Maybe he just does it with silver so people will buy the gold.
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