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 Replies: 10 / Views: 8,624 |
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Pillar of the Community
United Kingdom
575 Posts |
Here is the example.Very nice Barber half 1914S.I wonder-what percentage of the value is lost cos the hole?Are there any guidelines to valuate coin like this?   |
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Moderator
 United States
23731 Posts |
The coin is considered damaged and would be only valued at melt.
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Pillar of the Community
Turkey
870 Posts |
Value of a coin is mostly between the buyer and the seller.. I have some damaged coins like those at very decent grades and relatively hard to find dates. If you want to keep it, than it's just fine. I don't like the idea of "melt value" for coins that has a history.
Don't forget, maybe it has little value for the "market" but it has some value for someone that doesn't have that coin in his collection.
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Bedrock of the Community
Australia
21786 Posts |
Some Arabic gold dinars were commonly used in jewelry and for body adornment, and for some types that may be hundreds of years old, remain valuable numismatically. Even so, the unholed versions of the same type will still be worth more. Also the case with many Ottoman coins.
I have a very nice Liberty Seated Half, which sadly has solder mounts filed down on the reverse. I will keep it, but I am not bothered that it is not worth much.
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Pillar of the Community
 United Kingdom
575 Posts |
My question was in general.This pics are just the example.On coin show I've came across many coin jewelery.One of the was made of quite rare Imperial Russia silver kopeks.Not many of them of huge value but I've spotted some interesting Nicholas I issues.I don't think they worth just melt even damaged.Nice preserved though.
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Pillar of the Community
United States
628 Posts |
My opinions here often fall in the minority. That said, I have picked up more than a few holed coins, mostly holed fractional gold coins, at or below melt. Many are among my favorites. I buy them because I like them. Monitory value? Long term, who knows. I've sold some duplicates and done very well.
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New Member
United States
9 Posts |
Hello everyone! Excuse my ignorance, but what is the definition of "ex-mount"? Thank you.
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Bedrock of the Community
Australia
21786 Posts |
a-z goldbuyers:
"ex-mount" simply means that the coin has damage that relates to it being mounted for jewelry purposes, and has since been taken from the jewelry mount.
Damage from the mount can be evidenced in various ways:
1. soldering on the faces or edge of the coin
2. holes (one or more) drilled through the coin
3. coin suspended in circumferential clip mount ( usually causes the least amount of damage)
4. clear encapsulation and the capsule suspended in the mount. (I have only seen one of these. Pity; these are the least common, because the coin is not damaged).
With the first three, if the coin is worn as jewelry often, wear can be evidenced on the coin, usually more on one side than the other.
Obviously, a coin that has been damaged for whatever reason is worth less than an undamaged one. To what extent that the value is affected is a question of personal subjective opinion, but badly damaged coins, even rare ones, are usually worth little above melt value.
Edited by sel_69l
07/15/2011 02:50 am
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New Member
United States
43 Posts |
I've never seen ex-mount coins graded at anything other than "filler". However, depending on the age and rarity of the coin, they might sell for above melt.
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Valued Member
United States
417 Posts |
There must be a history to the whole in a coin. The interesting part is filling in the "whole" in the mystery to the history.
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Valued Member
United States
374 Posts |
agree with symphonic5. I have a morgan beltbuckle somewere that I need to find because melt is worth more than I payed for it. I do have a 14k nugget ring with a 1.00 gold indian coin but I wont remove it.
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Replies: 10 / Views: 8,624 |
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Posted 09/21/2010 08:20 am
