Why/How do coins get holed?

Discussion in 'US Coins Forum' started by Goldstone, Sep 1, 2009.

  1. Goldstone

    Goldstone Digging for Gold

    Why and How do coins get holed? I have never bought one, and don't plan on it...but why/how? Thanks
     
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  3. 9roswell

    9roswell Senior Member

    drilled for jewlery.
     
  4. dracula370

    dracula370 Mmmmmmm......Bacon

    A hole thru them..then a chain run through to hang around the neck.
     
  5. CrustyCoins

    CrustyCoins Twilight Photographer

    I guess the opposite way of how they get plugged?

    I can't imagine any other way than drilling or punching for jewelery purposes. Oh and if someone was just bored and wanted to see what happens when your bore a hole in a coin.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    It depends on the coin. If a coin is of a certain age then quite often the hole is the result of a nail being driven through it. In years past, it was considered good luck to nail a coin up over the door of your business. Many people did this, and there the coin would stay for years, decades even.

    There was also a time when coins were holed so they could be sewn into your clothing so as to not lose them. And holed so they could be carried on a string for the same purpose.

    And sometimes coins were holed so the silver or gold could be kept and then the hole plugged with cheaper material of a similar color.

    So there are many reasons for a coin to be holed besides to be used a jewelry or kids messing around.
     
  7. CrustyCoins

    CrustyCoins Twilight Photographer

    Wow, guess I need to read a bit more, never thought about any of these, although I'm sure I have heard of a couple of them at some point. :eek:
     
  8. Jim M

    Jim M Ride it like ya stole it

    Orrrr, maybe some goofball just drilled a hole in a 1997 Kennedy Half and put it back into circulation so somebody will ask again in 20 years why somebody would drill a hole in a 1997 Kennedy Half and we can give them a correct answer. Just because.

    Doug, you have any idea how many old barns I have been in that have a Large Cent with a square nail in it hanging over the big doors.. : ) Watch in the old covered bridges as well, I have seen a few there.

    Also anyone besides me use them for washers? Cheaper than the ones you have to buy!..
     
  9. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    They SELL washers? :eek: I just thought there was an infinite supply in garages and basements everywhere and that they somehow reproduced because I never recall buying one or not being able to find what I need already lying around someplace.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    You just had to go and say that didn't ya ! Now we're gonna have another coin shortage on our hands :eek:
     
  11. DeanoMarino

    DeanoMarino Junior Member

    You owe me a new keyboard. Mine is now ruined by diet pepsi that came rocketing out of my nose. That's hilarious!
     
  12. desertgem

    desertgem Senior Errer Collecktor Supporter

    Needed a big washer just a week ago to install a security light, but needed a size 8 hole in it. Couldn't find one at the Depot, so drilled a clad quarter out of my pocket. If I buy a package of washers, they run down to cloudsweeper's to reproduce. :)

    Jim
     
  13. pappy-o

    pappy-o coinoisseur

    lol:whistle:
     
  14. itsallngoodtime

    itsallngoodtime Beachhunter

    Thats some good information thanks I didn't know all those things, the one about nailing them above the door is pretty neat.
    Thanks Bob
     
  15. chip

    chip Novice collector

    Target practice?
     
  16. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I use depleted uranium 45 caliber bullets for my holed coins... :whistle:

    too bad none my the specimen half dollars have survived the process...o well test 998 coming up soon hope that makes it...
     
  17. Snowman

    Snowman Senior Member

    just as i thought but more on the stringing them together so they wouldnt get lost. Coins are thought differently today than say 150 yrs ago. the weight of coins was a big deal and today- no one cares because the weight has no bearing.
     
  18. Treashunt

    Treashunt The Other Frank

    There was a theory about this for years, that the holes were made and then a piece of thread inserted, a knot made, and then another coin added. It was for safekeeping, so you wouldn't lose them.

    It was just a theory, until about 20 to 30 years ago an upstate (New York, as I remember) coin dealer went into an antique store and saw a nice Civil War uniform on display (for sale).

    He comented on it, and the seller said 'yeah, and this is pretty neat, too.' Whreupon, he reached into the pocket and pulled out a piece of cloth with coins tied together. This was proof of the theory, accepted as fact today.

    Needless to say, the dealer purchased the uniform.
     
  19. jay74

    jay74 Junior Member

    Very interesting I believe they call it the string theroy:Dlol.
    Seriously though I have several coins with holes in them and it's nice to know why.
     
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