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 Replies: 15 / Views: 1,828 |
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Rest in Peace
United States
18456 Posts |
Hope I'm in the right forum, if not please move . Does anyone collect holed coins ? was thinking about the other day . could break up the monotony of a set that's at a stalemate. something different for a change . I'm sure they can be obtained easily from dealers junk boxes, and on e-bay where there is a lot of junk anyway .  but seriously ,they shouldn't be expensive considering they are holed .  |
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Bedrock of the Community
United Kingdom
17949 Posts |
I don't deliberately seek out holed coins, but I will sometimes buy one as a space filler, especially if it's a silver coin and I can get it for around the bullion value. And occasionally I've bought a nice AU coin with a small neat hole as I think it looks a lot nicer than an undamaged VG specimen of the same coin.
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Pillar of the Community
United States
4337 Posts |
It's a great thought and if you peruse the auctions on the bay with enough patience I can promise you over the course of time you'll encounter more than a few nice specimens that are in great shape grade wise and can be had for a fraction of the FMV due to the hole. I own one holed coin. I picked this up 4 years ago on the Bay for $23. Its all original AU and without a doubt a contemporary piece and probably jewelry due to its state of preservation. This would be a $500 or $600 coin without the hole. It sits in a Capital Plastics holder that highlights 5 types of US Dimes as the CB example. I love it.   |
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Pillar of the Community
United States
6370 Posts |
One can make a pretty nice, high-grade (EF-AU) 7070 type set of holed coins for the price of two EF-AU Seated dollars. I bought a holed EF-45 Trade dollar for $55 at a show, and I have seen holed AU Seated halves and Barber halves go for between $20 and $50 each. There is a market for high-grade holed type coins, but not much. |
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Pillar of the Community
United States
5825 Posts |
This may be stating the obvious but I wouldn't consider one in which the hole made the coin undateable.
Although many of the issues of the first half of the 19th century a date can be determined from the die characteristics.
I would be very reluctant even to buy a holed coin with a high "R" value (5 or more).
But I'd certainly consider it seriously.
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Pillar of the Community
United States
8516 Posts |
I was seeing so many holed IHC's that I did a collection. Found all (including the Flying Eagle cents) except the 1908-S and 1909-S but I'm still looking...  Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
06/26/2016 11:34 am
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Pillar of the Community
United States
1499 Posts |
The only pieces with a hole that I buy are 19th century presidential campaign tokens and medalets. Those pieces were holed so that they could be suspended on a ribbon or pin and worn. Some collectors don't like these pieces with holes, but they should be aware that the holed pieces have a better chance of being "the real thing" as opposed to restrikes that were made after the elections.
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Pillar of the Community
United States
4416 Posts |
I often buy holed coins, but I focus on the counterstamp. Holes don't much bother me. Many expensive counterstamped coins are often found with holes; particularly so, the Spanish coins that were stamped by U.S. merchants. Here's a holed, 1846 large cent that was counterstamped by William P. DeWitt, an Elmira, NY gunsmith. While not worth much as a holed copper, the identified counterstamp adds much value to the piece.  Then too, like billjones, I seek out the early political pieces, with or without holes. Typically, the history and overall condition of these trump the often encountered holes. |
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CCF Advertiser
United States
1533 Posts |
$25   |
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Rest in Peace
 United States
18456 Posts |
Well it looks like the idea of collecting holed coins is favorable amongst CCF members . but I would not collect AU-UNC ones, only very worn with readable dates like 52Raymo's 1877 IHC . they don't even have to be keys . |
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Pillar of the Community
United States
6370 Posts |
Only way I could afford a Seated dollar this nice. Cost was $100, which was less than a problem-free G-4 example.   |
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Pillar of the Community
United States
3343 Posts |
Holed coins make great key fobs, earrings, charms and pendants. A holed gold dollar is attractive and inexpensive 22k gold jewelry. Type 1's hold up best for keys and bracelets due to their smaller diameter and higher thickness. The further the hole is from the rim the more durable.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/27/2016 10:20 am
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Pillar of the Community
United States
4337 Posts |
Quote:
but I would not collect AU-UNC ones may I inquire as to why? |
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Rest in Peace
United States
18456 Posts |
Sure , I'm thinking they would still be way too expensive even with a hole . besides the worn coins hold much more history than unc's .  |
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CCF Advertiser
United States
1533 Posts |
A holed coin is generally going to trade near AG money, unless it is excessively rare, like a holed Gobrecht dollar or something. I wouldn't just knock a couple of grades off of a common MS-63 coin for a hole. I'd pay AG money. Maybe G money at best. |
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Pillar of the Community
United States
1211 Posts |
A lot of people collect holed coins.
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Replies: 15 / Views: 1,828 |
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Posted 06/26/2016 09:32 am
