Opinions on HOLED coins?

Discussion in 'US Coins Forum' started by LuxUnit, Nov 5, 2017.

  1. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Holed high-grade type coins, seated/trade dollars, and all draped bust coins are all easy sells on eBay.
     
    -jeffB, Santinidollar and baseball21 like this.
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  3. LuxUnit

    LuxUnit Well-Known Member

    @TypeCoin971793 yea I was saying to lunchbox that the only way im getting a trade dollar is if its holed seven times, environmental damage, pitted, initialed, stamped, and bent lol
     
  4. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Is your budget $30 or something? You can get a rather decent holed trade dollar for less than $75.
     
  5. LuxUnit

    LuxUnit Well-Known Member

  6. TheFinn

    TheFinn Well-Known Member

    The cheap damaged Trade Dollars used to be the chop-marked pieces, but those days are far behind us.
     
  7. Santinidollar

    Santinidollar Supporter! Supporter

    Well, I learned something. Thanks!
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I have a soft spot in my heart for some damaged coins, but I still have trouble falling in love with a holed coin.

    But if you think a holed coin has lost all its numismatic value, you'll be leaving a lot of money on the table. I got a holed proof trade dollar as part of a lot on eBay, and a holed Charlotte-mint love-token $1 gold as a BIN. I flipped the first for several times the cost of the whole lot (selling it on eBay), and the second for four or five times what I paid (at a large local coin show).
     
  9. imrich

    imrich Supporter! Supporter

    I had a collection of holed/damaged scarce type/date/condition coins which allowed me to carry the coins as a passifier. When the correct time came where I had whole replacements (the goal - no hole), the coins were sold at a profit.

    For many years, when it was practical, but not fashionable, I wore clothes with holes. My coins were just part of my assemble.

    As in your example, the above stated parameters may make a difference in acceptability.

    JMHO
     
    Last edited: Nov 6, 2017
  10. HoledandCreative

    HoledandCreative Well-Known Member

    I collect holed and creatively destroyed coins. I started many years ago and it stuck. For some I have had to settle for plugged as a still-holed one is no longer available. I have holed love tokens that I would like to replace with just a holed one. Same with the plugged coins.

    I prefer holed and high grade but it depends on what it is. I would like to purchase those I still want for my collection.
     
    LuxUnit likes this.
  11. harley bissell

    harley bissell Well-Known Member

    Stamped coins become tokens and rather rare ones at that. Stamps of numbers or initials are less desirable than words. A worn Spanish 2 real from the 1790s is worth around ten dollars. That same coin in the same condition with a nice counter stamp is worth upwards of two hundred dollars. Rare ones fetch more than a thousand dollars. I agree that many coin collectors say that counter stamped coins are damaged coins. To them that is true. Being true for them does not make it true for everyone.
     
  12. kanga

    kanga 65 Year Collector

    Turns out I haven't imaged that coin yet.
    I'll see what I can do about that.
     
    LuxUnit likes this.
  13. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Keep an eye out, and you'll be able to find one. I was at a show a few years ago and got an EF details for $55 for a forum member on a budget.
     
    LuxUnit likes this.
  14. coin_nut

    coin_nut Well-Known Member

    I have to agree with that. No mutilated coins for me, please.
     
  15. LuxUnit

    LuxUnit Well-Known Member

    If you ever see one around 50 let me know, don't kill yourself trying but if you ever notice and remember ha
     
  16. H8_modern

    H8_modern Attracted to small round-ish art

    Sometimes a common coin becomes more interesting.


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    TypeCoin971793 likes this.
  17. LuxUnit

    LuxUnit Well-Known Member

  18. H8_modern

    H8_modern Attracted to small round-ish art

    No idea but I thought it was a really cool thing to spend $15 on.
     
    baseball21 likes this.
  19. HoledandCreative

    HoledandCreative Well-Known Member

    2 bullet holes in one coin is quite unusual, and neat. How about a type set of bullet-holed coins? I like conversation pieces.
     
  20. HoledandCreative

    HoledandCreative Well-Known Member

    What was the date of the holed proof trade dollar? Also, the holed "C" gold dollar?

    I don't know how I missed them on eBay. Twice on the $1.
     
  21. baseball21

    baseball21 Well-Known Member

    Pretty sure the half dime hole would just be empty from the coin exploding every time lol
     
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