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How much does a HOLE affect the value of a coin?

edited July 15, 2023 4:14PM in U.S. Coin Forum

Having a guy night with a group of dealer friends and while smoking our cigars and sipping our bourbon we like to have a friendly debate.

I like seeing everyone's opinions on here as well as sort of tie breakers...... hypothetical question.....

You have a Bust half dime. It's super original in its looks except it has a small hole at 12o clock.
It's value is 100.00 in its grade without the hole.

What is it worth with the hole?

Ps. I hope everyone enjoys there Saturday evening!

It won't let me change the way I worded the poll so my question is


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How much does a HOLE affect the value of a coin?

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    So it won't let me change the wording of the poll and the way I worded it is confusing but I did the prices as


    New inventory added daily at Coins Make Cents

  • AtcarrollAtcarroll Posts: 311 ✭✭✭

    Holes are a hard pass for me. I know they have their following but they're not for me. I wouldn't own one if it were given to me.

  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭
    edited July 15, 2023 4:29PM

    It could very well be worth more then a $100 to someone. There are guys here that collect holed coins. I've seen holed 7070 type sets.

  • alaura22alaura22 Posts: 2,089 ✭✭✭✭✭

    Unless it's missing a piece of silver in the middle, not much in my book :o

  • Cougar1978Cougar1978 Posts: 7,209 ✭✭✭✭✭
    edited July 15, 2023 4:53PM

    Definitely something I would pass on. A problem coin dealer I knew would have the answer to that.

    Coins & Currency both US and World
  • WCCWCC Posts: 2,188 ✭✭✭✭✭

    I guessed $20 but that's all it is, a guess.

    I don't recall seeing the coin in the OP holed even once. I haven't seen many holed US coins at all but maybe I'm looking in the wrong place or not long enough.

  • WillymacWillymac Posts: 190 ✭✭✭

    Specific example - 1806/5 quarter plugged PCGS f details - amazing look otherwise….

  • jayPemjayPem Posts: 3,870 ✭✭✭✭✭

    Depends on what type of coin, where the hole is and why it's there.
    Some holes in some coins have significant historical context.. most are just damage worth melt.

    Pretty much done with a holed set of bust halves ( except for the expensive one ) and I would generally pay $35-$50 for F-XF pieces.. coins that would be $150-$400 without the hole.

    Here are a few favorites.

  • seatedlib3991seatedlib3991 Posts: 314 ✭✭✭

    sorry. I understand what you want to know, but for me all I would think is that I bought a HOLE with a coin around it. Just can't make myself do that. James

  • alaura22alaura22 Posts: 2,089 ✭✭✭✭✭
    edited July 15, 2023 6:47PM

    In case you didn't understand my eariler post

  • Namvet69Namvet69 Posts: 8,398 ✭✭✭✭✭

    As a filler

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, Ricko, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, Jzyskowski1, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich

  • OwnerofawheatiehordeOwnerofawheatiehorde Posts: 1,201 ✭✭✭✭✭

    @alaura22 said:
    In case you didn't understand my eariler post

    Yes I like that type of hole too. ;)

    Type collector, mainly into Seated. Young Numismatist. Good BST transactions with: Mirabela

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    If it were exceptional in other respects, and I wanted one for an album, then, perhaps. Normally I would pass though. Cheers, RickO

  • rheddenrhedden Posts: 6,528 ✭✭✭✭✭

    Go get a metal detector and spend 10 years digging around in the bushes getting covered with ticks until you find a holed half dime. Then tell me if you'll sell it to someone on this forum for $1.00. Very few people can even drive to a coin show for $1.00 worth of gas.

  • davewesendavewesen Posts: 5,472 ✭✭✭✭✭

    no 2 holes are alike and you can not just plug in a percentage value of comparable unmolested coin

  • The_Dinosaur_ManThe_Dinosaur_Man Posts: 749 ✭✭✭✭✭

    Depends on how much you want the coin. How long have you been looking, how exhausted you are from looking. Are you filling a hole with a hole? Any way you look at it, it will be worth a hole lot less.

    Custom album maker and numismatic photographer, see my portfolio here: (http://www.donahuenumismatics.com/).

  • johnny9434johnny9434 Posts: 27,022 ✭✭✭✭✭

    If it's a good fit for you then grab it 🙂

  • privatecoinprivatecoin Posts: 3,002 ✭✭✭✭✭

    I'm still dreaming about this one.... :D

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • bigjpstbigjpst Posts: 2,975 ✭✭✭✭✭

    IMO it’s hard to make a blanket statement. It’ all depends on the coin. But in my experience even rare or very scarce coins sell for less than half of non holed. Coins that are easily available or common dates probably melt or close to it.

  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭

    @privatecoin said:
    I'm still dreaming about this one.... :D

    Dreaming or nightmare? The same way I'm thinking about this one!! :D

  • vulcanizevulcanize Posts: 1,339 ✭✭✭✭✭

    Well, price dropped to one-fourth in case of the following coin. o:)

    Looked way better in hand and when raw than in slab.

  • DoctorPaperDoctorPaper Posts: 616 ✭✭✭

    Sometimes holes are to be expected.

    Wisconsin nationals: gotta love 'em....
  • WalkerfanWalkerfan Posts: 8,671 ✭✭✭✭✭

    It all depends on the rarity and value of the coin but a hole will usually profoundly impact price.

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set:


  • OnastoneOnastone Posts: 3,681 ✭✭✭✭✭

    I guess you could make a necklace out of it. Some coins were meant to have holes in them. If the holes too big, it's just a washer.

  • kruegerkrueger Posts: 770 ✭✭✭
    edited July 16, 2023 3:55PM

    I have an Edward the VI Shilling. AU at least , (1547 to 1553) with a pin hole at the obverse top cannot be seen except if held to light. Beautiful coin I only paid $150 for it The dealer did not like the hole . Worth four or 5 times that.
    People collect clipped coins of the era missing much metal, but are afraid of perfect coin with very small hole.

    Because of all the clipping done at the time the powers to be small holed coins that were not clipped. " this was the need
    to protect the unclipped coins by some sort of countermark was widely accepted."
    see "the book "The Punched Hammered Coinage of 1696" by Garry Charman. 1696 was the year they started the implementation on coins in circulation.

  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭

    Something like this.......

  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭

    .......for this.

  • Walkerguy21DWalkerguy21D Posts: 10,881 ✭✭✭✭✭

    Sell it for melt, hmmm, nah I think I’ll just hang on to it.

    Successful BST transactions with 170 members. Recent: Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭

  • alefzeroalefzero Posts: 840 ✭✭✭✭✭
    edited July 16, 2023 4:23PM

    I have rare early silver dollars that are holed. Sometimes those are numismatic ultrararities still or at least in the condition census. Certainly an original Continental Dollar or a Gobrecht with a hole is still worth a considerable amount of money. Commodity silver, which is as available as water, is probably worth melt.

  • BikergeekBikergeek Posts: 154 ✭✭✭

    Guy's wife came home early from golf and the husband asks her, "how come you're home so early?" She says, "I got stung by a bee." He asks, "where?" She replies, "between the first and second hole."

    He says... "then your stance is too wide."

    New website: Groovycoins.com Capped Bust Half Dime registry set: Bikergeek CBHD LM Set

  • jayPemjayPem Posts: 3,870 ✭✭✭✭✭

    The Holey grail of holed coins...

    With the dump...

  • jayPemjayPem Posts: 3,870 ✭✭✭✭✭

    @Walkerfan said:
    It all depends on the rarity and value of the coin but a hole will usually profoundly impact price.

    In the case of the coin above, the hole profoundly impacted the price... to the tune of about 1000×

  • pocketpiececommemspocketpiececommems Posts: 5,608 ✭✭✭✭✭
    edited July 17, 2023 11:41AM
  • OAKSTAROAKSTAR Posts: 4,892 ✭✭✭✭✭

  • JimsokayJimsokay Posts: 105 ✭✭✭

    To the OP... I think your pole of the hypothetical coin you mention would bring $10-20+. Price would depend on rarity.

    Most people want undamaged coins, some only want MS66 and above. Some only proofs, patterns etc.

    A holed coin can get you a nice looking coin for a fraction of the cost. Do you want an undamaged coin that is worn smooth or a nice example with a hole in it? A holed 1792 disme sold for $20,000 vs $350,000 for a "nice" one.

    People collect what appeals to themselves and within their budgets... most of the time. :)

  • BillJonesBillJones Posts: 33,042 ✭✭✭✭✭

    I voted $20.

    Problem coins seem to be worth more these days, at least from what I see in the auctions. Time was, they won't even have gotten into a major auction. Now they sell for smaller discounts that I would have imagined. I've even seen problem pieces in "Platinum Night" sales.

    The only pieces I buy with holes are political tokens. If you are a political collector purist, a hole can make the item more desirable because it shows that the piece may have been used in a campaign. If the piece was part of a badge or hung from a ribbon, a hole was cheaper and faster than a bezel.

    "Fancy pieces" with Proof-like surfaces were made for collectors back in the day. Those pieces are almost never holed.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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