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1873 CC Dime. How Much Does Having A Hole Punched Through Your Coin Ruin The Value?

 
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Author Previous TopicReplies: 11 / Views: 818Next Topic  
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 Posted 03/21/2023  9:58 pm Show Profile   Bookmark this topic Add usmc-tanker to your friends list Get a Link to this Message
This thing has obviously seen better days but I'm wondering if there's still value in it and also if it could have been a fake even though the reeds number 89. Thanks

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 Posted 03/21/2023  10:44 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
It appears to have the die crack through the CC so it's probably genuine. I'm sure it still has "some" value - a G Details sold in January for $2400 and other details coins sold above $1000 - but this one has a lot more "details" than most...
Edited by kbbpll
03/21/2023 10:45 pm
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 Posted 03/22/2023  05:27 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Ouch - that hole and deep scratches hurt a lot.
Take a look at my other hobby ... http://www.jk-dk.art
Too many hobbies .... too much work .... not enough time.
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 Posted 03/22/2023  08:22 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
A details grade will lessen the value of any coin. The rarer it would be without the details grade to begin with the more value it will retain with a details grade.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 03/22/2023  08:39 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
If it's yours, tell us how you came across it.
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 Posted 03/22/2023  08:43 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
IMO it's a fake.
The arrows look wrong.

If that's the case it's worth only silver melt.
Describe it as if there were no picture.
Picture it as if there were no description.
Edited by kanga
03/22/2023 08:44 am
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 Posted 03/22/2023  09:50 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
By about 90% for grade, until bullion price is reached.
BTW, a holed fake coin would have no value at all.

Nevertheless. that shouldn't stop you from collecting holed coins that otherwise have significant value.
Even fakes.
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 Posted 03/22/2023  11:14 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Looks genuine to me. A scarce coin like this will always have some value, but given the heavy damage and poor eye appeal, it might only be around 10% of the value of an undamaged coin in similar grade.
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 Posted 03/22/2023  11:45 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
Assayers drill perhaps?

Also, the arrows just look damaged to me.

Would a TPG still grade this coin? Perhaps as a "Details" coin? Just curious.

Nice history!
Edited by dsking
03/22/2023 11:49 am
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 Posted 03/22/2023  4:06 pm  Show Profile   Bookmark this reply Add usmc-tanker to your friends list Get a Link to this Reply
Good to hear it has retained some value at least. Would counterfeiters be attempting to replicate this right off the bat? I guess they probably could have known it was going to be desirable given the mint numbers right?. I just ask because it's been in the family since at least 1890. Well that's how the story goes anyway because my great grandmother is supposedly wearing this coin around her neck in a photo taken that year. I guess it was a fairly popular thing to do at the time.
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 Posted 03/24/2023  11:03 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply

Quote:
because my great grandmother is supposedly wearing this coin around her neck in a photo taken that year.


Right there is your personal history! Cool!
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 Posted 03/24/2023  2:12 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
It would be worth having a TPG authenticate it as genuine, despite the condition. One estimate says less than 135 survivors. It should weigh 2.5 grams minus the hole. Less washed-out images would allow us to better decide if it's real. Most counterfeits during this era were to fool people that it was real money, not for collectors, and the Seated dime was a popular target. Those were all rather poor quality and not silver.
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