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Maybe An 1804 Dollar?

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LTMets44's Avatar
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580 Posts
 Posted 10/02/2011  9:13 pm Show Profile   Bookmark this topic Add LTMets44 to your friends list Get a Link to this Message Number of Subscribers
I hate seeing holes in coins! Imagine this was an 1804?

http://www.ebay.com/itm/1800s-SILVE...em564657c46c
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hesgut's Avatar
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 Posted 10/02/2011  9:23 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
I believe there are other ways of determining if its an 1804.

What I find interesting is the fact that somebody holed a silver dollar of this era, presumably to use as a piece of jewelry. It's something kids, usually young boys did, no adult would be caught wearing one of these. From the early 1800's, it was always the cent, or even Half Cent. To hole a dollar coin you were probably a very wealthy kid. There were only so many wealthy families around 1800-1803, it's interesting to think of who this might have belonged to.

I know the 1804s were minted much later on and not in 1804, but we're all assuming it isn't an 1804
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dave700x's Avatar
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 Posted 10/02/2011  9:39 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
My first thought is this was not holed to use as jewelry. The placement of the hole would cause the dollar to hang wrong. It appears someone wanted to hide the last digit in the date.
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vermontensium's Avatar
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 Posted 10/02/2011  9:42 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
The hole could have been made way after 1800. Still, a dollar was a hefty amount in the early to mid-1800's.


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hesgut's Avatar
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 Posted 10/02/2011  9:56 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply

Quote:
The hole could have been made way after 1800. Still, a dollar was a hefty amount in the early to mid-1800's.

They had the huge coin shortage 30 years later and then they eventually started minting Seated dollars. Not a single one of these even circulated to the civil war. There also wasn't much devaluation of the dollar at all until the 20th century. I still think a rich kid did this somewhere from 1800-1820. Maybe he was from a famous family as there were so few in those days.


Quote:
It appears someone wanted to hide the last digit in the date

It almost does look that way doesn't it. Yeah, but it's not like anybody would have been fooled into thinking it's an 1804 which wasn't even realized as a rarity until much later anyway. Any scheming coin enthusiast would have known that they are taking a lot of value of a very valuable coin so I don't buy this theory.

Some kids chose to hole a coin from the year they were born. Maybe this kid wanted to hide his birth date or pretend like he was older....claiming it was an 1800 when his birthdate was really 1801
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allranger's Avatar
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 Posted 10/03/2011  11:20 am  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
I see a lot of older American and Spanish/Mexican coins with holes in them at the coins shop. I asked about it one time and he said that some people sewed them into their cloths when they went on long trips. That way they would have extra money if they ran into any trouble. I have sense read that in a book or two about coins. It makes sense to me because I see a lot of silver coins with holes in them an most of the holes are not in places that would be condusive to jewelry or belt buckles, and also I doubt that a lot of kids had silver coins.
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