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1795 Draped Bust Dollar PCGS

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coin_coin_guy's Avatar
United States
40 Posts
 Posted 08/01/2024  6:34 pm Show Profile   Bookmark this topic Add coin_coin_guy to your friends list Get a Link to this Message Number of Subscribers
I bought this coin a while back and sent to PCGS. Yes, it has a hole in it, but it is one of my "hole-y grails." I saw PCGS called it plugged, typo haha. What does everyone think of this coin? How about holed coins?

1795-Draped-Bust-Dollar-PCGS
1795-Draped-Bust-Dollar-PCGS

Edited by coin_coin_guy
08/01/2024 6:37 pm
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Spence's Avatar
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 Posted 08/01/2024  6:43 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
18th Century US silver is always pretty cool for me. The hole detracts of course, but I think that it is a great coin. Interesting to me how the area around the hole is brighter metal, almost as if someone flattened it out slightly when they removed it from whatever it was nailed to. Or maybe this was from the plug that was previously removed?
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coin_coin_guy's Avatar
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 Posted 08/01/2024  6:46 pm  Show Profile   Bookmark this reply Add coin_coin_guy to your friends list Get a Link to this Reply
I thought the same, it made the hole look more recent to me. When I examined it with my loop, I saw inside the hole it looked very aged, dirt and even some green mildew. I could never afford a problem free one, I just love the eagle on the back on this type.
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 Posted 08/01/2024  7:42 pm  Show Profile   Bookmark this reply Add adam126402 to your friends list Get a Link to this Reply
I'm not opposed to a detailed coin, all depends on the price. Despite the hole, I think it has good eye appeal.
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thq's Avatar
United States
3343 Posts
 Posted 08/01/2024  8:14 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Most of my holed coins are on my key ring. It's the only way I can carry a Humbert fractional dollar in my pocket....along with a Gran Colombia escudo, a couple zecchinos, etc. They're better coins in worser condition, and being on the key ring doesn't hurt their value. In the case of zecchinos (Venetian ducats), they became decorations hundreds of years ago, and their central oval shape was imitated by shiny inexpensive oval "sequins".

Which brings up the subject of "details" grades. For some reason "holed" is lower priced than "cleaned", but they all have the same TPG junk status. Like your 1795, the only way I could afford an 1865 gold dollar was because it had a hole in it. The hole doesn't take away its high R-4 rarity.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/01/2024 8:32 pm
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Coinfrog's Avatar
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 Posted 08/01/2024  10:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Where is the typo here? Just curious.
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burfle23's Avatar
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 Posted 08/01/2024  10:23 pm  Show Profile   Bookmark this reply Add burfle23 to your friends list Get a Link to this Reply
On-line cert states damaged:

1795-Draped-Bust-Dollar-PCGS
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coin_coin_guy's Avatar
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 Posted 08/01/2024  10:50 pm  Show Profile   Bookmark this reply Add coin_coin_guy to your friends list Get a Link to this Reply
@coinfrog, typo is that it says plugged. There is no plug. just a big hole. I contacted them, they said they could correct the label.

@adam126402, thank you sir. I bought it for the eye appeal, I like coins with dirt.
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Errers and Varietys's Avatar
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 Posted 08/01/2024  11:19 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Still a pretty nice looking coin, despite the hole.
Errers and Varietys.
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BH1964's Avatar
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 Posted 08/02/2024  02:37 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Still worth several thousand in that condition right?
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mrwiskers's Avatar
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 Posted 08/02/2024  06:27 am  Show Profile   Bookmark this reply Add mrwiskers to your friends list Get a Link to this Reply
Holes were often punched into coins for carry on a necklace or a ring. This was common practice in the Americas in the 16th-19th century, as indigenous peoples didn't always have pockets. Sailors used this method as a more secure way to carry their money. These holes have historical significance, but are considered (rightfully) as damage. Personally, doesn't bother me much, as it is part of the coin's overall history.
...
Funny, though, how some don't consider Asian merchant chop marks as damage, but a carry-hole is ...
Nice coin.
Edited by mrwiskers
08/02/2024 06:30 am
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nss-52's Avatar
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 Posted 08/02/2024  06:31 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
Where is the typo here? Just curious.
Plugged not = Holed
Coin has hole, holder says plugged.
Not really a "typo" -- an accidental error. More of a misidentification.
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jacrispies's Avatar
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3848 Posts
 Posted 08/02/2024  10:44 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Not too shabby!


Quote:
Still worth several thousand in that condition right?

About $1,500-$2,000.
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jpsned's Avatar
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 Posted 08/02/2024  1:05 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
If it were mine, I would just put a small piece of masking tape on the slab over the hole.
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coin_coin_guy's Avatar
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 Posted 08/03/2024  01:03 am  Show Profile   Bookmark this reply Add coin_coin_guy to your friends list Get a Link to this Reply
@MrWiskers, thank you. Love that history.

@jacrispies, for the great eye appeal I think 2-3K, in my opinion.
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 Posted 08/05/2024  12:51 am  Show Profile   Bookmark this reply Add Lugia to your friends list Get a Link to this Reply
i thought plugged meant something else. shows what I know. nvm didnt see the other posts till now.
Edited by Lugia
08/05/2024 12:52 am
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