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Message:: [QUOTE="lordmarcovan, post: 4948036, member: 10461"]A hole in a coin reduces its numismatic value drastically, to anywhere between 10-50% of what it would have been worth without a hole, depending on the circumstances, though if it is silver or gold, it still retains most of its precious metal value.  Most mainstream collectors shun holed coins like the plague. However, because of the reduction in value, they can be an inexpensive alternative for an unpicky collector (“good cheap fun”, or cheaper, anyway).  For some early or expensive type coins (Bust dollars are a good example), one might be able to afford a holed example of a type that would be otherwise unaffordable in better condition. As to your question about a hole potentially upping the value?  C’mon, stop to consider that for a moment.  If simply drilling a hole in a coin increased its value, do you think there would be any unholed coins left in the marketplace?  No, there wouldn’t, because everyone would be drilling holes in their coins to increase the value.  It’s a rather absurd notion.[/QUOTE]