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Are Punches On Liberty's Head Market Acceptable (Sld)?

 
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Pillar of the Community
United States
779 Posts
 Posted 08/16/2018  08:34 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
These "started" holes don't bother me that much. I actually own 2 of them in comparable grade and was able to get them for much cheaper because of it. I've probably seen half a dozen others and they tend to be just a single indent about this size located above the head. I liken it to a chop mark and helps give me some belief in authenticity.
Bedrock of the Community
United States
15804 Posts
 Posted 08/16/2018  09:40 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
You're right they are punches, this should never have straight graded, even with them being lenient or net grading. As spots I could see it grading, but not with deliberate, intentional damage.
Gary Schmidt
Edited by Conder101
08/16/2018 09:41 am
Pillar of the Community
United States
8712 Posts
 Posted 08/16/2018  09:50 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
This is a "details, damaged" coin in my opinion that should not straight grade.
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United States
77064 Posts
 Posted 08/16/2018  11:56 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Update: The seller, who seems like a real nice guy, replied that they are indeed punches and provided this close up image
Thank you for the follow-up.
Pillar of the Community
United States
779 Posts
 Posted 10/29/2018  12:15 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Here's another "started hole" near the same location. wonder if these are like chop marks to verify composition. why else would they not be drilled all the way through?

https://www.ebay.com/itm/Estate-Fin...LH_Auction=1

Valued Member
240 Posts
 Posted 10/29/2018  3:56 pm  Show Profile   Bookmark this reply Add jmwilson to your friends list Get a Link to this Reply
With some circulation wear after the fact too.
Edited by jmwilson
10/29/2018 3:57 pm
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