Would you rather have a slick coin with barely any details, or a holed one with good details?

To me coins are history, and the hole is part of the history of the coin. This early Elizabeth I gold Angel was almost certainly handled by Queen Elizabeth herself during the touching ceremony to 'cure' the King's Evil (Scrofula). Who cares what it's worth? Well it cost £60 in 1970.

 

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Is neither one of the choices?

 

I do not purchase either. The only slick coin I would even consider would be a Morgan.

 

I would buy neither and spend the money on a less expensive coin type that is problem free G4 or above.

 

I collect holed US coins by date and mint mark. I have quite a few but still want quite a few to complete my sets.

 

That is a special case, but I would still avoid the coin.

If it's a choice between "a slick" and sharp holed coin, I'll to take hole, but I almost always avoid both UNLESS it's a political token. In that case, the hole often goes with the territory.

 

Instead of buying a cleaned/damaged Indian Eagle, why not consider a problem-free $1 Indian gold coin, which is about $300 in AU58?

 

My best and only/scratches are on the holder.

 

My worst and only

 

There has to be a market for problem coins. Steven Musil, who regularly has full page ads in Numismatic News, sells almost entirely problem coins. At least 85% of his ads are problem U.S. coins. He has been around for decades. You can't stay in buisness if you don't sell.

 

whewww thanks I thought I was the only one that couldn't see the repair

 

I like holed or damaged coins especially the rare dates like the 1799 large cent, or the 1877 Indian. I have both but they are VERY worn (not holed) but better than NOT having them at all or buying a CHINESE "copy" I won't have a "COPY" of any coin.

 

Personally, I would not purchase either for my collection. I do not like the phrase "details" on coins. JMO
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Semper Fi

 

Since I collect heritage coins, sometimes the ones I would like are priced out of my league, so if I am fortunate enough to locate a "holed" coin that is otherwise acceptable, I purchase it and add it to my collection. I will not be selling the coins, but preserving history and passing them on to present and future generations within the family.

 

Many comments seem to relate to the financial outcome of buying problems. Thing is, you can almost always sell the problem coin for the same price you got it for - sure, it’s not an investment vehicle, but you’re not actively LOSING a ton of money if/when you sell

 

It would depend on the value of the coin. If it's a very high price coin without the hole, I would go that way, just because it might be the only way I could get the coin. If the coin is not so high price, I might go with the worn coin instead, because to me that's better than damaged.

 

I'd rather have a blanj planchet

 

Several of the posted photos are examples of coins that are smooth/worn AND holed...both. For me, prefer a coin worn nearly smooth...not eaten or otherwise damaged nearly smooth...but still identifiable by/with date, et al. No holes for me...even decent repairs.

 

Better than mine.

 

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I would absolutely rather a holed coin (preferably not in the center) than something like that