Please help me: value of a holed 1896 S Dime
Göttinger
Posts: 46 ✭✭
As a total newbee around US coins I need your help again.
Today I found a holed 1896 S Barber Dime in a collection of silver coins which I had brought for melt value. According to my catalogue it's considered to be a (semi-) key date.
Do you think it's still appealing to any collector, and if so, how would you price it?
Thank you in advance and best regards,
Göttinger
3
Comments
A curiousity, no more than a $5 coin in my opinion.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
VF details, holed, environmental damage. While it is a better date Barber dime the problems are severe. There are a few collectors who buy holed coins but the environmental damage might cause them to pass on that one. The market for that coin would likely be very thin so I would personally value it at $5 or less. I would not be a buyer.
Sell it at auction (eBay), then you’ll know the price.
Certainly not something that I would buy, it is now a damaged coin.
Certainly not something that I would buy, it is now a damaged coin.
This is the best advice. I bet it would sell for more than the $5 suggested here, because you never know with eBay. But probably nowhere near $100, or even $50.
Ebay will likely get the most "eyes" on your coin but even buyers on ebay are starting to become a bit more discriminating in their purchases. I'm mostly looking at early copper, so this might be an "apples to oranges" comparison (I don't collect Barber dimes), but obviously damaged coins just sit... regardless of whether or not they're considered a semi-key date. On the other hand, decent coins with minimal problems go fast... and super nice material can get bid up past Price Guide (for RAW coins).
Best of luck, and let us know how the auction goes if you end up putting it on Ebay...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I'd say it's comparable to this coin that sold for $20, but you never know, it could sell for $10 or it could sell for $30. A dealer would probably offer $5 as noted above.
Thank you for all your kind replies!
If I decide to sell the coin, I will keep you updated about the result.
But since I am in Europe, I suppose there isn't really a market for certain US coins, especially in low grades.
I was just surprised to find this coin in a bulk of silver coins I got for melt value or even a bit below.
I never was a fan of melting down historic coins and items, no matter how bad they might look.
So I hope I'll find a collector who will appreciate the coin.
Hard to sell for $5 but could you find another high grade circulated holed 1896S dime if you offered $50 or $500 besides by making one from an undamaged coin?
Inexpensive but try to find another.
It would be good a hole filler, if it were whole.
if you listed it at $20, it would be a nice markup over melt +++
OP: I agree with eBaying it (assuming you aren't brand new to eBay - nobody wants to buy from a zero feedback seller). I think your coin is much more handsome than the one that sold for $20 on eBay, per @Manifest_Destiny post above. And there are folks who appreciate holed coins (as a bargain, or for jewelry; one person even collects capped bust dimes with holed coins exclusively).
Personally, I'd take the risk and make it a No Reserve auction, with minimal and fair shipping, and see what happens. (Full disclosure; I sent a slabbed Roosevelt dime to an auction one time that was worth about $10 and someone got it for $3 - and with the seller's fees, I actually had to pay about 15c to the auction house. But that was a pretty cheap price for a story that I can tell on occasions such as this.
PS: I tried to tag you, OP, but I don't know how to do a letter o with an umlaut on my U.S. keyboard, and the system doesn't find you with a regular "o"...
New website: Groovycoins.com Capped Bust Half Dime registry set: Bikergeek CBHD LM Set
@Göttinger
@HoledandCreative This collector is a leading authority on coins
like yours.
I have collected holed coins for a while. Thanks, @Tibor, but not an authority. As previously mentioned, eBay is your best bet. If it were mine, I would put it out there at $20 + $5 shipping. There are plenty of collectors that still want a key date dime. Good luck!
WoW. Why would anyone do that to a 1896S dime is beyond me. https://www.usacoinbook.com/coins/1409/dimes/barber/1896-S/
That's harsche!
That's harsche!
That's right. Bert and I call it like we see it. OP gets $5 offer for this piece? Take the money and run away from the hapless buyer fast as he can.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
My thinking on holed coins is that they are worth about 10% of the value of an unmolested coin. That seems to be the price holed coins settle at in $0.99 eBay auctions. $20 for this coin would be about 10% of its unmolested value, so that IF I were interested in the coin, I'd pay up to $20 for it.
I'd love to hear your thinking on pricing holed coins. What discounts are you looking for and does it depend upon coin rarity or the series?
A bright dip would probably do wonders for this piece. Might be a $20 piece if the black was gone from it, in other words. Lots of detail present. Not for me but to fill a hole for one obsessed with filling album holes, why not? I see this as an item for inclusion on a silver chain bracelet. I can see someone
pqying $20, mqybe up to $29.95 for it, shined up a bit.Don't overdo the dip though.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Holed coin value lol? Start it at 99c in bay auction and there’s your answer.
Beyond that - I think that’s a question for a problem coin dealer.
Today I listed the coin on a local online sales platform here in Germany.
It was brought by a German coin dealer for 18€ plush shipping, that's around 19.66 Dollars.
First I thought about listing it on ebay, but potentially having to ship it to a buyer in a non-EU-country seemed too complicated for me, dealing with customs, slow postal services in foreign countries and stuff like that.
Sounds like the $20 crowd was pretty spot on.
Nice profit over melt!