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 Replies: 26 / Views: 969 |
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Pillar of the Community
Australia
8569 Posts |
Just wondering how much a hole affects the price on old coins like this Indian Head cent.  |
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Moderator
 United States
77075 Posts |
yep! That is a hole alright..
Holed coins like this kill the value on them.
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Pillar of the Community
 Canada
1665 Posts |
 There are people who collect holed coins, but for most it ruins the value and collectability of the coin.
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Bedrock of the Community
United States
94367 Posts |
It's a goner. Looks like it might even be an 1864-L.  |
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Moderator
United States
171038 Posts |
Quote:
Holed coins like this kill the value on them. Agreed. Plenty of these out there sans the punch through.
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Pillar of the Community
United States
5590 Posts |
I'm with Coinfrog about the variety with the "L" on the ribbon. This "L" is sought after and will give it some value. It's in pretty good shape. I wouldn't be surprised if it sold In the $25-$40 range in ebay. Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Moderator
United States
77075 Posts |
... an 'L' coin? I don't see an 'L'
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Pillar of the Community
United States
1395 Posts |
Learn something new here every day. Thanks for the info Coinfrog and Petespockets55. I just went to pcgs and searched for "What does the l on Indian cents mean". Nice one triggersmob! Looks like it could possibly be the "L" on ribbon. Edited by igwt79
04/25/2024 7:20 pm
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Pillar of the Community
 Australia
8569 Posts |
Here's a better picture of the ribbon. Indeed it might have an L. Thanks for pointing that out, I had it my spreadsheet as no L.  |
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Moderator
United States
77075 Posts |
Very nice, but now I have to look that up
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Pillar of the Community
United States
2861 Posts |
I didn't see that was from you Trig  A note on the L variety, the coin has a pointed bust verses a round bust on all other 1864 Indian cents. So if you see a pointed bust on a 1864, it is automatically the L on ribbon type  (That detail can allow easy cherrypicks from dealers who don't realize they have a more valuable variety...) |
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Pillar of the Community
Australia
8569 Posts |
Thanks Mrwhatisit.  I guess I can't use this in 20Q now.  Here's the reverse, if anyone would like to give me a grading opinion. I have it listed on my spreadsheet as VG10, but now I'm thinking F15 to VF20. The coin is a lot darker than it appears in my photos.  |
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Pillar of the Community
United States
2861 Posts |
Quote:I guess I can't use this in 20Q now Sometime down the road I may well forget this  As to an estimated grade, I can put this at F-12 details (holed) at best on the obverse since Liberty is not fully defined, and maybe a tad higher to a F-15 for the reverse... 
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Pillar of the Community
Australia
8569 Posts |
Thanks Mrwhatisit, I will update my spreadsheet. Cheers
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Pillar of the Community
United States
8459 Posts |
I have an entire collection of holed FEC's and IHC's, 1857 FEC to 1909 S. Had fun doing it, took awhile. Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
Australia
8569 Posts |
Nice to know someone out there likes them. I have a few more with holes.  |
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Replies: 26 / Views: 969 |
Posted 04/25/2024 12:12 pm
