How much value does a hole/plug take away from a coin?

Discussion in 'Coin Chat' started by Frank Barbano, Sep 20, 2013.

  1. Frank Barbano

    Frank Barbano New Member

    How much value does a hole/plug take away from a coin?
     
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  3. ace71499

    ace71499 Young Numismatic

    well melt value would be affected. but like regular coin value it would probably make it from a ms 65 to a 50 but pictures would help
     
  4. Travlntiques

    Travlntiques Well-Known Member

    It depends on the coin, but a plug/hole takes away most of the numismatic value.
    I bought a better grade Bust Dime worth $50 for $5 because of a plugged hole.... Twice it's melt value, but a LOT less than it's numismatic value would have been.
     
  5. ML94539

    ML94539 Senior Member

    i bought one for $6500
     
  6. Travlntiques

    Travlntiques Well-Known Member

    ....but the plug was put there by the Mint..... ? ;)
     
  7. KoinJester

    KoinJester Well-Known Member

    Depends on the coin and quality of the plugging,
     
  8. ML94539

    ML94539 Senior Member

    i didn't think the plugged coin was put in by the mint, it was a gobrecht dollar
     
  9. Travlntiques

    Travlntiques Well-Known Member

    Very nice coin indeed! And exactly the reason why there's no blanket "percentage decrease" for a random holed/plugged coin.... just depends on the rarity of the coin.
    I thought you might have been talking about one of the early US patterns like a 1792 Cent with the silver plug or didn't the Half Disme have a plugged variety?
     
  10. digibyte

    digibyte Member

    I got a plug nickel once. ;)
     
  11. saltysam-1

    saltysam-1 Junior Member

    You have a lot more gamble in you than I have in me. Unless you had another pair of qualified eyes look at it, I wouldn't feel comfortable buying it until then. A great coin to have either way, congratulations. So the answer to the OP's question on final value would be, anywhere from zero to $6500; so far.
     
  12. ML94539

    ML94539 Senior Member

    there are very few affordable gobrecht, there are non plugged but cleaned ones selling for $1-2k more didn't see any at the market when i bought mine, i don't have $20k saved up to buy a uncleaned one... who ever plugged mine did a good job, not that noticeable

    the highest paid plugged usa coin that i can find was for a 1879 stella, buyer paid $47k

    someone else paid $54k for a colonial coin.
     
  13. CheetahCats

    CheetahCats Colonial & Early American

    It really depends on the rarity of the specimen. For specimens truly R-7 and above in rarity, a plugged specimen may be the only example one might attain in a lifetime.
     
  14. digibyte

    digibyte Member

  15. ace71499

    ace71499 Young Numismatic

    well I just went to a coin show and saw that 2 cent pieces with holes (there were a surprising number of them) go for 12 and ones without holes go for 25-35...
     
  16. CheetahCats

    CheetahCats Colonial & Early American

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