I think I'm going to start collecting holed coins

Barberian · July 3, 2008 11:58AM

Why?

Because they are usually strictly original. They are the best examples of original toning in a given series for a collector to see. They usually have a crust that you just don't see often in coins because they are deemd to worthless to clean. Just look at the holed coins on Ebay. An investment in, and careful study of, holed coins is probably the best education one could get in recognizing original quality coins on the market. Just my opinion.

chaze215 · July 3, 2008 12:00PM

Interesting thought.

pendragon1998 · July 3, 2008 12:00PM

If only LordMarcovan was around these days...

vplite · July 3, 2008 12:06PM

I don't mean no disrespect, but you have a good point. Now if you wore the right hat...

lathmach · July 4, 2008 2:53AM

If you bid on rare holed coins on Ebay, expect this guy to give you some competition.
He collects better date holed coins as he believes they're undervalued.

Ray

BECOKA · July 4, 2008 3:02AM

<< If you bid on rare holed coins on Ebay, expect this guy to give you some competition.
He collects better date holed coins as he believes they're undervalued.

Ray >>

Shoot this guy is picking up some great stuff. If you don't care about slabbing then this is the way to go. Although a nice set of ANACS slabs would work for these.

Cladiator · July 4, 2008 3:09AM

Just make sure to attribute your holeys when you get them. Just 'cause they got a big ole hole in 'em doesn't mean they aint worth some money. Trust me on this one.

Meltdown · July 4, 2008 3:33AM

I don't know how this started, but I'm not putting any more on my keyring.

DoctorPaper · July 4, 2008 3:37AM

Here's one:

Meltdown · July 4, 2008 3:39AM

I got this last week simply because it looked so original and unmolested... aside from the big 'ol hole.

Baley · July 4, 2008 2:36PM

case in point

if you can get past the hole, the surfaces are kind of nice for the price

Baley · July 4, 2008 2:38PM

here's another

direwolf1972 · July 4, 2008 2:41PM

<< If only LordMarcovan was around these days...

>>

Did I miss something? Where is LordM?

BAJJERFAN · July 4, 2008 2:46PM

If you can't find the coin you want already holed you can simply gitchyer drill out and presto chango.

fc · July 4, 2008 2:46PM

<< Just make sure to attribute your holeys when you get them. Just 'cause they got a big ole hole in 'em doesn't mean they aint worth some money. Trust me on this one.

>>

fun read. thanks for sharing it.

jdillane · July 4, 2008 2:57PM

<< here's another

>>

Baley, you make a rather compelling case!

northcoin · July 4, 2008 3:06PM

I have often wondered how many of those coins that get identified as "tooled" simply had a hole filled in and otherwise returned to original. It would be interesting to know if such a repaired holed coin would have more market appeal or collectability than one with a hole, all other things being equal.

coinsarefun · July 4, 2008 3:39PM

Don't forget about medals

Stefanie

SirAnthonyAC · July 4, 2008 3:52PM

Ummmmmm... if they have a hole in them, they're not all that "original"now are they... no?

Broadstruck · July 4, 2008 3:57PM

Would the chunks that fall out of be considered Munchkins

Bochiman · July 4, 2008 4:15PM

<< Just make sure to attribute your holeys when you get them. Just 'cause they got a big ole hole in 'em doesn't mean they aint worth some money. Trust me on this one.

>>

Your link has a pic of Robert Zornes in it....ever wonder what "Biddlesbank" looked like?.....

PerryHall · July 4, 2008 8:40PM

<< Ummmmmm... if they have a hole in them, they're not all that "original"now are they... no?

>>

Actually, some coins and medals were manufactured with holes.

Gemini · July 4, 2008 9:05PM

Going by the wear and closeness of dates I think these coins met their fate of holiness at the same time over 100 years ago.

boucharda · July 4, 2008 9:41PM

Am I the only one that feels a little sad that these nice old coins were drilled??

PerryHall · July 4, 2008 9:44PM

<< Am I the only one that feels a little sad that these nice old coins were drilled??

>>

Remember that they were just pocket change when they were drilled.

coffeyce · July 4, 2008 10:48PM

I have some nice holed coins I have obtained buying silver lots. It does break my heart on some, on what they could have been.

chris

ksteelheader · July 4, 2008 11:50PM

There are some unique coins out there that are holed. These are some of mine.

There is this 1787 Connecticut

A 1928 Peace Dollar that had a crappy repaired hole that I redrilled

A 1763 4-Pence Maundy

And an 1866 Indian Cent

Smittys · July 5, 2008 12:41AM

always a great addition

morgansforever · July 5, 2008 1:04AM

Currently on my key chain. The 11 notches are spaced with precision.

If only the dollar could speak and expliain the significance of 11 notches.

Any thoughts?

Scott

TwoSides2aCoin · July 5, 2008 1:19AM

a hole in one

JRocco · July 5, 2008 1:21AM

Holed coins can be awesome collectables.

garsmith · July 5, 2008 1:32AM

Better check with the holey one first he may not like the added competition

Robb · July 5, 2008 1:36AM

Why were coins holed? To verify metal content? To make pendants? Something else?

TwoSides2aCoin · July 5, 2008 1:39AM

<< Why were coins holed? To verify metal content? To make pendants? Something else? >>

most of them were holed to make necklaces for girlfriends who thought we were geeks before we put the hole in it, anyway.

Walmann · July 5, 2008 1:45AM

Just because it is holed does not mean it is not a replica. There is little financial risk in putting a hole through a fake and of course is so easy to do.

pocketpiececommems · July 5, 2008 1:52AM

I have 27 different holed silver commems and 5 different holed gold commems. I I also collect holed Bust halves.

CoinKing1969 · July 5, 2008 2:02AM

Here is a nice 1852 Restrike Proof Half Cent with a hole in it.

PerryHall · July 5, 2008 5:26AM

<< Why were coins holed? To verify metal content? To make pendants? Something else? >>

Large silver coins used to be holed so a ribbon could be threaded through the hole and the ribbon could be put around a baby's neck and then the baby could use the coin for teething. Sounds a little dangerous (strangulation) but I read this in more than one place.

tydye · July 5, 2008 6:41AM

Gemini
That key chain is way cool

$25 purchase - cant buy this much originality any other way

A few years ago a dealer that I frequent had a holed 1799 Large Cent

engraved · July 5, 2008 7:35AM

Why stop at just holes? There is fascinating art to be found on these old modified coins.

GrumpyEd · July 5, 2008 7:51AM

I have a few that they started making a hole in but never finished.
At the time they were holed maybe it was before the electric drill so maybe they gave up, try drilling a hole in a quarter without an electric drill.

Another reason for holing coins might be to avoid loosing them, a cowboy riding his horse might have lost his IHCs if they were not holed and kept on a string.

ksteelheader · July 5, 2008 9:49PM

This is an outstanding article on holey coins. Lord M is being interviewed!!

moosesr · July 5, 2008 10:22PM

I have thought about making a holed coin type set.

I think it would be a really neat and easy way to show kids and adults the wide variety of US coins if the coins were put on a chain or small cable to keep them all together.

I think I'm going to start collecting holed coins

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