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Holed Coins

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kceb10's Avatar
United States
392 Posts
 Posted 03/23/2008  12:22 am Show Profile   Bookmark this topic Add kceb10 to your friends list Get a Link to this Message Number of Subscribers
Ok does anyone know why people put holes in coins?
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of-grampa's Avatar
United States
302 Posts
 Posted 03/23/2008  12:45 am  Show Profile   Bookmark this reply Add of-grampa to your friends list Get a Link to this Reply
Some people do it just "to do it" but most do it to make necklaces or some other kind of hanging jewerly. When I find one while doing my half dollar boxes I make a necklace for one of my Grandkids. They think it's kinda cool to have a necklace made from their Pawpaw's coins
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 03/23/2008  12:50 am  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
Necklaces and key chains.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/23/2008  04:22 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
on old large cents they used to nail it on the bannister for good luck when they built the house or barn back in the old days
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GFR3's Avatar
United States
473 Posts
 Posted 03/23/2008  07:50 am  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
Thats pretty neat there Bryan...I think I'm gonna christen my new apartment with a linocln....;)

my kid cousin actually wears a dateless Buffalo around his next everyday. He found it maybe two months ago when I bought him a box of nickels to look through. That was his first and only buffalo find while CRH. Kinda cool if you ask me

--gayr
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Spider5689's Avatar
United States
2269 Posts
 Posted 03/23/2008  10:46 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Does anyone remember those wallets that had clips on the inside intended for keys? Well about 2 years ago I came across one at a house sale that contained holed coins instead of keys. I purchased the wallet for $2.00. Inside the wallet was a holed Franklin half, pre 1964 Roosevelt dime, Buffalo nickel, Lincoln Memorial cent, and a pre 1964 Washington quarter. I guess the original owner was afraid of loosing his pocket pieces?
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arthrene's Avatar
United States
1713 Posts
 Posted 03/23/2008  11:07 am  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
Target practice!
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Becky's Avatar
United States
954 Posts
 Posted 03/23/2008  12:30 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
So you don't loose the really small ones....

Holed-Coins
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/23/2008  2:25 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
quote:
Does anyone remember those wallets that had clips on the inside intended for keys?
My grandfather used one of those up until the day he died a year or so ago, thanks for bringing back some memories of him
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m9frank's Avatar
United States
628 Posts
 Posted 03/23/2008  2:59 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
Fractional California and other privately produced gold coins, .25 and .50, and maybe U.S. gold dollar coins were holed so they could be strung together, their very small size made them very easy to lose.
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AtiGAti's Avatar
United States
120 Posts
 Posted 03/23/2008  3:56 pm  Show Profile   Bookmark this reply Add AtiGAti to your friends list Get a Link to this Reply
wow, I actuall still have one of those wallets with the loops inside.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 03/23/2008  6:28 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
At the time it happened it was probably cool ... today you want to cry.

Holed-Coins
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gbchaosmaster's Avatar
United States
328 Posts
 Posted 03/24/2008  02:06 am  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
Un-Super Dave, you freaked me out there. So sad...

I've seen worse though... a High Relief Saint-Gaudens, holed!
Bedrock of the Community
United States
20753 Posts
 Posted 03/24/2008  09:04 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
In the good old days we used to drill holes in Gold and Silver coins for the material. If you constantly drilled holes in coins or chipped the edge you could accumulate a decent amount of Gold and Silver. This was sold to Jewlers. This was way back when our monitary system was full of those coins and no one thought any thing of them as being a collectable. Back in the 30's and 40's even that little bit of money was a lot.
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Archraz's Avatar
United States
3499 Posts
 Posted 04/29/2008  02:49 am  Show Profile   Bookmark this reply Add Archraz to your friends list Get a Link to this Reply
In the States prior to 1857 whenever a circulating 8R or other large silver coin was suspected of being fake or underweight by bankers, they would hole it and put it on a large key chain-like ring which was used as a reference of "bad" types in circulation.
Supposedly, in Germany during the nineteenth century it was status symbol to wear a large holed silver coin from the previous century or before. The holes coins were worn to signify that one was of an elite, "old money family."
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desertgem's Avatar
United States
860 Posts
 Posted 04/29/2008  03:38 am  Show Profile   Bookmark this reply Add desertgem to your friends list Get a Link to this Reply

I have a group that have 2 holes , 180 degrees apart~ A bracelet I am sure, but the links are gone. I don't even want to check the dates~ Seated half dime and dimes.

Once my chinese dentist friend asked me to look at his wife's wedding belt ( although he had a different name for it) made of AU or BU gold coins holed and linked together with gold links and buckle(?) It was her mothers originally, and made primarily of 1890's - 1900's coronet $5 and $10 pieces, all holed.

His mother and dad ran a market locally from the 1930's to 1970 and threw every silver dollar they got into their "IRA" ( 5 gallon buckets). Then the family had a blood feud and his brother took the buckets so I never saw them....I always took it with a grain of salt...Sometimes I daydream about the buckets :)
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