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1801 Dime Grade. How Bad Does The Hole Hurt It.

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 Posted 10/19/2022  10:17 am Show Profile   Bookmark this topic Add Portugalstacker to your friends list Get a Link to this Message Number of Subscribers
1801-Dime-Grade.-How-Bad-Does-The-Hole-Hurt-It.



1801-Dime-Grade.-How-Bad-Does-The-Hole-Hurt-It.
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Jaobler's Avatar
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 Posted 10/19/2022  10:57 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply

Quote:
How bad does the hole hurt it


Bad.

Detail looks like a strong VF. If original and undamaged this date would likely sell for around $3000. I expect this one would be hard to sell even at $500.

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jbuck's Avatar
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panzaldi's Avatar
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 Posted 10/19/2022  11:46 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply


oh my

the coin probably would come back as ungradable code 98 (damaged)
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westernsky's Avatar
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 Posted 10/19/2022  12:09 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
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The hole, along with the other visible damage, really hurts this coin.

It is just an album filler in my opinion and only worth 10 to 20% of what an undamaged coin would sell for on a good day. Any offers would probably be worth less than that.



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Collects82's Avatar
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 Posted 10/19/2022  2:27 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
It's become a hole filler, but even then how many "entry level" sets are going to want to tie up cash in this? Given a choice between an eye appealing F2-AG3 and this, I'd go with the F2. There is value, but it will take time and a big discount to get cash for it.
Edited by Collects82
10/19/2022 2:27 pm
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jacrispies's Avatar
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 Posted 10/19/2022  4:01 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
The biggest factor is demand for problem coins such as this. It will be a hard sell.
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IndianGoldEagle's Avatar
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 Posted 10/20/2022  10:18 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF details, holed.
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Zurie's Avatar
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 Posted 10/20/2022  11:46 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Some holes are less distracting than others. This one is particularly bad. I agree that the large hole and pockmarked surfaces would leave the value at around 10-20% of an undamaged coin of similar grade.
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westernsky's Avatar
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 Posted 10/24/2022  4:14 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
You could also think about having the coin repaired. It is a very delicate and time consuming process that is not cheap. It usually results in a better looking coin BUT the repair and re-engraving will always be detectable. Never hurts to send it off for an estimate. Do an online search for "coin restoration service".

Remember though that the coin will never straight grade no matter what is done to it.

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