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 Replies: 14 / Views: 2,980 |
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Valued Member
477 Posts |
I purchased this coin today on ebay because I liked the "look" even though it's holed, but I'm curious how would you grade a coin like this. Thanks in advance, Blair  |
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Bedrock of the Community
United States
94367 Posts |
Uh, well, a common date F-15/VF-20 details (holed) coin, basically a cull with no numismatic value.  |
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Valued Member
 477 Posts |
Thank you though value is very subjective. It's what someone will pay. On the subject of the grade though it would be "details" or would it be "genuine, no grade"?
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Bedrock of the Community
Australia
21786 Posts |
My opinion is that it is a bit snobbish that this coin has no numismatic value. There must be lots of CCF members that have quite a few holed coins especially in small silver.
Sure, a coin with a hole is a coin with major damage, and its value is reduced not much above bullion value.
A good thing: such coins in otherwise very nice condition can be bought for almost zero above bullion value. That still makes them collectable for most of us on low numismatic budgets.
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Bedrock of the Community
United States
94367 Posts |
I apologize, you are correct. I meant to say that this coin would probably have little value to a collector of this series.  Edited by Coinfrog
06/29/2017 7:59 pm
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Bedrock of the Community
United States
12057 Posts |
The obverse is actually closer to VF30 sharpness (look at the face) but the reverse is closer to VF20. The hole, scratches, and rim damage mean that this coin would earn a grade of VF DETAILS - DAMAGED from the TPG's in my opinion. I've seen a 19th c. type set of entirely higher grade coins with holes, and it was not at all unpleasant to look at, from a holed Draped Bust Half Cent to a holed Liberty Seated dollar, Trade dollar, and even a holed Morgan. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
94367 Posts |
Adam - Disagree on grade (look at Liberty), but again apologize for offending collectors of this sort of thing. Edited by Coinfrog
06/29/2017 8:05 pm
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Bedrock of the Community
United States
12057 Posts |
I don't personally collect them as a particular endeavor, although I do own a couple that came to me in trades or junk-silver buys, as well as a 1930s Canada denomination set which was holed because it was part of a coin-bracelet.
I think the weakness in the shield is not wear-related. In fact, if you follow the diagonal at about a 45 degree angle northeast or 225 degrees southwest from the E in LIBERTY, you can see that there is a band of weakness and lighter color running that way; this is also a sign of a slightly bent coin.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Valued Member
477 Posts |
Thank you everyone and coinfrog, I took no offense as I think a lot of collectors of higher end coins would agree with your statement. I on the other hand, don't have the budget to afford higher end coins for the most part and in fact collect more from the stand point of collecting a piece of history. While this coin may not be a great treasure from the standpoint of a numismatic collector, ALL of these early coins have value as a piece of history and therefor are of value to a history buff like myself.
Edited by throughtheireyes
06/29/2017 8:29 pm
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Bedrock of the Community
United States
94367 Posts |
Quite right.
Edited by Coinfrog
06/29/2017 8:24 pm
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Valued Member
United States
406 Posts |
paralyse, I agree, and you can also see that line on the reverse.
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Pillar of the Community
United States
6370 Posts |
For holed coins, I divide the numismatic value by 10. I find this to be a fairly accurate estimation for most series. This is around a $80 coin problem-free, so $8 would be fair.
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Bedrock of the Community
Canada
11922 Posts |
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Bedrock of the Community
United States
36744 Posts |
VF-30 details, holed.
There are people who repair holed coins, but only those with rarity. This one would not qualify.
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Bedrock of the Community
United States
11884 Posts |
If you collect superb examples of coin problems to avoid, this is the coin for you. Rim damage, cleaned, holed. You could file the rim, artificially tone it, put it in the ground for environmental damage and really have it all. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Replies: 14 / Views: 2,980 |
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Posted 06/29/2017 7:30 pm
