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 Replies: 21 / Views: 2,488 |
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New Member
United States
9 Posts |
Hi all, So I finally got around to going through my coin collection and I came across this puppy:   Only 3,477 of these coins were minted. It appears to be in excellent condition, but I am concerned that the fact that it is "capped" (small hole) may reduce the value. Any insight here would be grand. Ben Edited by futureproof76
06/13/2015 01:24 am
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Pillar of the Community
United States
6478 Posts |
Looks like XF details because of the hole. That will detract from the value.
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Bedrock of the Community
United States
36800 Posts |
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Pillar of the Community
United States
3210 Posts |
Too bad it is holed it is a nice coin and not tc often you see dahlonega gold
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Moderator
 United States
23522 Posts |
I think it has a good shot at a technical AU, and despite the hole it remains a pricey little piece. Even at XF Details it's a $1000 coin in a slab.
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Pillar of the Community
United States
2589 Posts |
It is possible to get the hole repaired, and in this case I think it would be worth it to do so
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Pillar of the Community
United States
6478 Posts |
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Pillar of the Community
Canada
5417 Posts |
I think it will grade AU-Details, if graded. As Xavier mentioned, there are professionals who repair holes in coins, and a well done job on a coin like could improve the value 25% OR MORE.
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New Member
 United States
9 Posts |
How much does it cost to fill a hole? And where would I go to get that done? Would it actually improve the value of the coin, or would a buyer "appreciate" the coin its is current form vs having a filled hole?
If I fill the hole, does the grading change? Sorry for all the questions, just want to be sure I take the right approach to getting the max value out of this.
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Pillar of the Community
United States
6370 Posts |
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
8137 Posts |
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Pillar of the Community
United States
2589 Posts |
As it stands right now, a third party grading company like PCGS, NGC, ANACS, ect would not grade your coin because it is wholed. However they will grade coins with filled holes, which is why as zxcccxz stated above your coins value will jump if the whole is filled. There was a guy who ran a website that focused on repairing holed coins, can't remember the name of the site though. Any jeweler worth his salt should be able to at least fill the whole with gold or a goldish looking alloy at a worthwhile cost. If you can find someone who re-engraves the detail, that would also increase the premium but might not be cost effective.
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Pillar of the Community
United States
7622 Posts |
I would imagine that a small hole like that, on a small coin like that is very difficult to repair. The metal has to be heated up to be workable and the correct fineness of gold has to be used to fill in the hole. It then has to be smoothed and have the missing details reingraved. You probably will lose any mint luster that is currently on the coin.
Can it be done? Probably.
Is it expensive? Ya never know till you send it in for an estimate.
If you search "coin repair service" online you should be able to find people that do this type of work. The guy that did one for me a long time ago lived in Kentucky. I was happy with the results.
Good luck!
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Pillar of the Community
United States
2589 Posts |
As I said above, there are varying degrees of repair that can be done to make the coin "gradeable". The most basic repair, simply filling in the hole without any smoothing, tooling, or reengraving should not be to expensive nor difficult to repair.
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New Member
United States
9 Posts |
Thanks all. So consensus is that it's worth it, assuming the price to fill the hole is not excessive?
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Replies: 21 / Views: 2,488 |
Posted 06/13/2015 08:48 am
