How do you price holed coins?

Discussion in 'What's it Worth' started by Mr. Numismatist, May 24, 2023.

Page 2 of 2
  1. -jeffB

    -jeffB Greshams LEO Supporter

    I'm with the folks who say eBay is your best bet. Look for completed (sold) auctions of 20-cent pieces with holes. Consider listing it BIN/Best Offer near the high end of what you'd hope to get, and be very patient -- I sold a holed, engraved, and beat-up proof Trade dollar for more than half the price of a problem-free example, but that's because I left it up long enough to find the one buyer who was assembling a set of holed Trade dollar proofs. :rolleyes:

    I'd think the "hole through the date" might actually be a plus for some holed-coin collectors -- from the obverse, a 20-cent piece looks much like any other Seated coin, but displaying the reverse puts that "TWENTY CENTS" right in your face. So, again, it's just a question of whether you can find the right buyer.
     
    -jeffB, May 25, 2023
    #21 + Quote Reply
    Heavymetal likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Kentucky

    Kentucky Supporter! Supporter

    I hate you :)
     
    Kentucky, May 25, 2023
    #22 + Quote Reply
  4. Jeffjay

    Jeffjay Well-Known Member

    I've been working on a holed type set for many years now. I generally look at it like the hole automatically knocks it down two grades and then I go down from there based on where the hole is located and the size of it. A few years ago I was getting some great bargains on them but these days the prices are too high for most of the ones I see. No problem though, I'm in no hurry.
     
    Jeffjay, May 25, 2023
    #23 + Quote Reply
    -jeffB likes this.
  5. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . .

    ZoidMeister, May 25, 2023
    #24 + Quote Reply
    -jeffB likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Not to mention @HoledandCreative -- oh, dear, his name doesn't autolink, and it looks like he hasn't been around since last year. :( Edit: well, OK, at least I can still link him, but where did he go?
     
    -jeffB, May 25, 2023
    #25 + Quote Reply
    ZoidMeister likes this.
  7. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    There is no hard and fast formula. I personally tally a holed coin at around half the value of what an unholed example would cost, but that’s unlikely to make one a winner in an eBay auction.

    And of course there are so many variables as to make it impossible to come up with any systematic way of doing this. You really have to judge each coin on its own merits and kind of “wing it”.

    Though a holed coin is a “problem” coin, all of the other traditional collecting attributes like eye appeal still apply. You’re accepting the hole (and I’ll accept a minor cleaning) but otherwise you want the coin to be as nice as possible, and the hole to be tidy and well placed on the coin.
     
    lordmarcovan, May 26, 2023
    #26 + Quote Reply
    -jeffB, ZoidMeister and Jeffjay like this.
  8. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    And I disagree that holing is the worst problem that could be present on a genuine coin. A holed coin that’s otherwise attractive is vastly preferable to a badly scratched or heavily polished piece, in my opinion.
     
    lordmarcovan, May 26, 2023
    #27 + Quote Reply
    -jeffB, ZoidMeister, Heavymetal and 3 others like this.
  9. Mr. Numismatist

    Mr. Numismatist Strawberry Token Enthusiast

    Thanks for your input everyone.
     
    Mr. Numismatist, May 26, 2023
    #28 + Quote Reply
    -jeffB and lordmarcovan like this.
  10. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    I will say that I like that piece, aside from the fact that it’s holed through the date. I’d prefer the hole at the top of the obverse. I need a 20-cent piece for my holey type set, as it happens, and would hypothetically bid on one like that, if it had the hole at the top of the other side.
     
    lordmarcovan, May 26, 2023
    #29 + Quote Reply
    -jeffB likes this.
  11. Cheech9712

    Cheech9712 Every thing is a guess

    Cheech9712, May 26, 2023
    #30 + Quote Reply
  12. Cheech9712

    Cheech9712 Every thing is a guess

    Tell us another. You got to have one more
     
    Cheech9712, May 26, 2023
    #31 + Quote Reply
Page 2 of 2
Draft saved Draft deleted

Share This Page