how did this circulate so long?

mbbiker

link


was a penny really worth that much back then that it couldn't be saved?

ClarkOfKent

Maybe back in the day it was thought to be worth less... being defective, and all. Plus, it provided a nice place to bludgeon that hole through it without interfering with the design.

gmarguli

I once has a large cent that graded VG10 that was off center.

Outhaul

How about it's worn from hanging around someone's neck?

drsvenghali

They did save it. By placing a hore through it and wearing it.

lathmach

The seller of the holed off center indian cent is Chris Pilliod. He's a fellow member of the Liberty Seated Collectors Club and a highly regarded numismatist.


Ray

sumnom

Placing a what through it?

Edited for spelling error

Pushkin

Chris is also president of the Flying Eagle and Indian Cent Collectors Society. He has offered a lot of very interesting IHC varieties on eBay and is a great guy.

davefperry

Copper has long been thought of as a cure for arthritis. People in the old days wore them around their necks like golfers today have copper bracelets.
Or, maybe some kid was cheap and wouldn't shell out for a pearl necklace for his sweetheart.

relayer

Maybe somebody squashed it with a hammer before they drilled a hole in it

Conder101

Error coins recieved relatively little respect until fairly recently (1960's). I have read comentary from the early 2oth century with tails of merchants and coin dealer throwing error coins such as Uncirculated off-center V nickels into the trash because they were "defective" This coin was probably seen the same way. Foist it off onto someone else if you can. So it stayed in circulation until one day when someone got it who couldn't pass it on and he mutilated it. I have a nice double struck 1802 half cent with the second strike far off-center. The coin grades fine with smooth brown surfaces, no porosity. And it has been holed through the second off-center strike.