oooh. THAT is not an easy one to answer. It's a bitt like asking `how long is a piece of string?' Some coins are made with holes in them, and some of them are rare, therefore some are highly collectable and valuable. Some coins are rare, but someone has at some point drilled a hole into it to make a fob or some other form of adornment. They can still be collectable but never as much as they would have been without the hole. Many collectors won't consider buying `damaged' coins. Some like me, will, but it would have to be fairly rare for me to do so and then again, at a price that would encourage me to do so. It all boils down to a) what it is, b) relative scarcity c) the general condition of the coin (other than the hole). Of course if you had a specific coin in mind, I could probably be a tad more helpful with regards to any underlying value it may or may not have. Caveat: The value of my opinion plus the loose change in my pocket at any given time may or may not be enough to buy a cup of coffee from a street vendor. Ian
Firstly, the Belgian coin is silver and worth at least $5 for it's silver content. `Holed' is accurate technically as a descriptor, but that hole is huge. There are two varieties, determined by looking at the lettering on the edge of the coin. Which way up the lettering is in relation to the portrait determines the type. The more common type, even with no hole would only be worth between $7 - $10 judging by the underlying condition of the coin. The other, without the hole it would have been worth anything between $80 -$130. So how do you know which way is which? Hold the coin in your hand with the portrait side facing downwards. If the edge lettering is upright then it is the common type and your coin is worth no more than its silver value. If with the portrait side still facing downwards the edge lettering is upside down then you have a very damaged but `difficult to find' coin and someone somewhere (probably a collector of Belgian coinage) might just pay you a bit more than bullion value for that fact. The probabilities are exceedingly high that you have the common variety, but do check and let us know. The other coin? I don't know what it is excepting that it is relatively modern, Asian, and made from aluminium. With the hole it has no collector value (at least not in terms of monetary value) whatsoever. Without the hole, I suspect it would have a value a good bit less than 50c. Ian
I only have one holed coin and I like it because it is obvious that someone wore it around their neck as a religious medal.Could have been a 15th century person,probably Italian,hopefully female Plus,what other coins can you take cool pics of like #3?
Oops!...guess I lied..hole #2 To answer the original question,I'm sure I paid a lot less for both coins than I would have for un-holed examples.,especially the cent ($3.00 if I recall)
ah well, at least you now know more about the coin type than you ever imagined you would, so you have come out of it with something more than you went in with... ;-)
I vaguely recall seeing something like your second coin, but can't place it. It's probably from an Arab country, possibly southeastern Asia. Can you post a picture of the other side?
B12-There is no simple answer to your original question. That said I am working on a US type set of holed coins (mostly because I can and it's fun), and I have a rule of thumb that I follow when buying holed coins. First, I check to see if the hole is the only damage on the coin. If it is the only damage, then I check the rarity of the coin. If it is a common date then I generally try to pay between 1/4 and 1/3 of its value if it were undamaged. If it is a less common date then I pay anywhere from 1/10 to 1/5 of it's undamaged value. The more rare the coin is the closer to 1/10 of its undamaged value I pay. There are other things that I look for that would lower the value even more. The larger the hole, the more of a discount. The "rougher" the hole is, the cheaper the coin will be. Finally, it the hole obliterates any design elements, especially the date, that will further decrease the coin's value. the bottom line is, that there is a market for holed coins, but they are never worth as much as the same coin without the hole.
Well, if there was a three-lion figure along with the word INDIA on the other side, I'd say 2 (Naye) Paise from India ... Christian
Bingo! KM#11, cu-ni, ~12.5mm. How thick is your coin B12? Maybe the guy who holed it also ground off the back.
probably right, but what an odd side to remove... Most people like the image side for jewelry, but apparently someone found the denomination side a little more... accessorizing?
