Home U.S. Coin Forum

Do Holes Kill the Value of a Coin Completely?

I was recently sent this Liberty Head Nickel and noticed that it was a key date (1886). Does the hole completely dimish the value?

image
16 Year Old YN
Looking for Type Coins for my Dansco #7070....Got anything? PM me.


My Type Set Thread (In Progress)

Comments

  • 777777 Posts: 1,056
    Pretty much so... It would look great on a keychain though image


  • << <i>Pretty much so... It would look great on a keychain though image >>



    Agreed.

    image
    16 Year Old YN
    Looking for Type Coins for my Dansco #7070....Got anything? PM me.


    My Type Set Thread (In Progress)
  • mirabelamirabela Posts: 5,043 ✭✭✭✭✭
    Well, it sure doesn't help. But being a key date, I would imagine it would still find a buyer in the $50 range, maybe more. About two years ago I put an XF Trade Dollar on ebay that had a small drilled hole; it closed around $45. If the coin in the first place is in demand, somebody will want it even with the hole.
    mirabela
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    Ask Lordmarcovan
    Some coins are just plain "Interesting"
  • 291fifth291fifth Posts: 24,423 ✭✭✭✭✭
    That's the kind of coin you should sell on eBay. Start it at .99 and just let the market decide what it is worth. You may be surprised.
    All glory is fleeting.
  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    I'd have to say yes.image
    image...There's always time for coin collecting. image
  • Has too much sentimental value for me to even think about selling. It's neat that holes still might have some prices tagged along with them.

    Thanks for the information guys.
    16 Year Old YN
    Looking for Type Coins for my Dansco #7070....Got anything? PM me.


    My Type Set Thread (In Progress)
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    Apparently not, because (and I wish I had the link) a Vermont commem in F at best with a hole drilled through it went for $187.00 on sleazebay awhile back.

    Cheers,

    Bob
  • BAJJERFANBAJJERFAN Posts: 31,125 ✭✭✭✭✭
    Suppose it was a holed 1893-S Morgan in vg10 or ms64; what would you bid for either one of those?
    theknowitalltroll;
  • 21Walker21Walker Posts: 1,762 ✭✭✭
    Another way to look at it..........you can string a price tag through the hole and save on the 2X2.........Rick
    If don't look like UNC, it probrably isn't UNC.....U.S. Coast Guard. Chief Petty Officer (Retired) (1970-1990)

    EBAY Items
    http://search.ebay.com/_W0QQsassZrlamir
  • CoxeCoxe Posts: 11,139
    Wear it on a chain prominently as you walk a major coin bourse, the numismatic equivalent of an offensive Danish cartoon. To really have fun, refer to it as circulated junk and even go up to Legend's table wearing it asking if they have any new SAEs.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Do Holes Kill the Value of a Coin Completely?

    I think not. At least, not for EVERY coin

    image

    I happily paid quite a bit for that one.

    maybe 3 dozen known in any grade.

    Liberty: Parent of Science & Industry

  • braddickbraddick Posts: 24,167 ✭✭✭✭✭
    I paid $400. for a holed 1795 half cent. Sent it to, ANACS FN12 details. Outside of the hole the coin is flawless for the circulated grade with perfect color.

    It all depends on the buyer and his mood.

    Now, to be fair, even without the hole your's has problems. So, coupled the problems with the worn low grade and the hole you then run into residence.
  • JoshLJoshL Posts: 656 ✭✭


    << <i>Wear it on a chain prominently as you walk a major coin bourse, the numismatic equivalent of an offensive Danish cartoon. To really have fun, refer to it as circulated junk and even go up to Legend's table wearing it asking if they have any new SAEs. >>



    image LOL
    I love coins...image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>Wear it on a chain prominently as you walk a major coin bourse, the numismatic equivalent of an offensive Danish cartoon. To really have fun, refer to it as circulated junk and even go up to Legend's table wearing it asking if they have any new SAEs. >>



    now thats just way too funnyimage
    image

    Go BIG or GO HOME. ©Bill
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    It depends on the coin and the collector. Some collectors simply wouldn't buy a holed
    coin under any conditions and some coins are more or less likely to be collected by such
    people. Some ancients would not be severely impacted by a hole where most moderns
    would be wortless with a hole.
    Tempus fugit.
  • DNADaveDNADave Posts: 7,279 ✭✭✭✭✭


    << <i>Ask Lordmarcovan >>




    That ain't right. image
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    It depends on the coin and the severity of the hole. If the coin is rare and the hole small, the coin can be repaired and still bring significant money.

    On common stuff however, it kills.
    Buyer and seller of vintage coin boards!
  • pocketpiececommemspocketpiececommems Posts: 5,952 ✭✭✭✭✭
    I collect holed commemoratives. They are not as uncommon as you might think but you do have to look for them. I have 23 different holed commemorative halves and 5 different holed gold commems. It's a part of collecting that is up to each individual. I would say that it would be easier to complete a set of holed V-nickels than my commems.

    By the way if anyone has any holed commemoratives send me a PM.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file