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<p>[QUOTE=&quot;JBK, post: 33492, member: 1101&quot;]I can’t add too much more to what has been said, but my general reactions are this:</p><p><br /></p><p>Unless it is a rare coin, it has no real collector value, as there are too many decent undamaged examples on the market.</p><p><br /></p><p>The only times I can think of a holed coin being more valuable are if it was turned into a dog tag, for example, as was done during the Civil War.&nbsp; In this case there would be counterstamps, etc., also, so that would not answer the question of a strictly holed coin, I guess.&nbsp; Also, sometimes coins were turned into gears.&nbsp; My guess is that a dateless or severely worn coin that was a made in to gear would have more value (not much) than an unholed example.</p><p><br /></p><p>Illegal?: no way.&nbsp; You can squish, bend, punch, and counterstamnp coins, so holing them is not a problem, unless you are intending to defraud (not sure how that could be done in this day of base metal coinage).[/QUOTE]</p><p><br /></p>

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