Holed coins are an abomination to our hobby!

Who here hates it when idiots hole coins? I have some foreign coins and tokens that have been holed by total idiots. Holed coins are absolutly worthless to our hobby. Anybody else agree? I hate it when quack sellers
like snake oil pass on these utterly worthless novelties! Trashing coins for profit is big business. Plating them with gold{which I think actually looks really cool}, colorized state quaters and colorized silver bullion coins,
and destroying coins for jewlry is a big thing!!!!!!!!! We can thank Littleton for some of this crap! I am sick of fakes dominating ebay, actually more like fakebay. Now even certified coins are going fake!!!!! People take up tv time with quack ads for gold proof coins! It's funny listening to some of the crap people pull on tv!:headbang:

 

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I agree---

for modern pieces--
however, those old love tokens are pretty neat.

 

From the Past

I guess I waste my Hate of other things.

I keep some holed coins just because they were presented to family members as tokens from various occasions.

Some from 1864~1917~1942~1952~1967~....etc

What is wrong about a hole if the coin is shared?

 

Colorized and plated coins are one thing, but holed coins are different. I've got dozens of them. Most were holed years ago, when they were just coins. They have a certain history about them. Sure, they're not perfect, but they're not supposed to be. Plus there's plenty of coins around to choose from, so you don't have to buy them if you don't want to.

Colorized coins on Home Shopping are ripoffs They are made for grandparents wanting to buy a gift for a relative. They are colorized to up the price. These are a scam.

 

I have a customer who is doing a high grade 7070 of holed coins.

It's pretty neat to look at.

 

My Bad

Buying holed coins is like buying.......Love.

 

Honestly, I often find that a hole knocks down the value of a coin to the point where I can afford interesting things that I otherwise couldn't. I really don't mind them too much..

 

The saddest one I ever saw was an XF 1794 Half cent that had an old square hole punched through it. It was probably done 200 years ago but it still made me go "awwww man".

 

If I can find holed coins at good prices/condition I buy them for my fiancee to turn into earrings with her beading skills.

 

Lostdutchman
that was most likely a "lucky piece" that was put into the framing of someone's new house about the time the coin was issued. the square hole would have been made by the cut nail that was driven through it into the entry door frame.

Richard

 

I figured it was done with an old square nail but I wasn't aware of the practice you speak of. NEAT! You learn something every day.

 

In the old days, most clothing did not have pockets. Some people preferred to punch holes in their coins and carry them on a string. Others were often used as makeshift jewelry to give to their sweethearts. Most of the old coins have not been holed by 'quack' sellers. There would be no point in purposely dropping their value. A little reading on the subject never hurt anyone.

 

I have seen some holed gold coins at my local dealer. They are usually old gold coins that I am not very familiar with.

 

I have a Dansco 7070 that I have almost filled with holed type coins. I am missing only a few modern clad coins that I refuse to drill mysellf.

 

I've never seen any actual evidence of the "carrying on a string" use for holes.

I don't mind holes in the least. This piece is from a very small series of ancient Roman tokens. I've only noted about ten pieces, each of a different type, all but two with holes.


AE Roman Tessera
12mm, .70g
Bust of Serapis right
Crescent with three stars

 

Which ones do you need?

 

I have an 1856 quarter that has a circular hole right above Liberty's head. The joke in the family is that it was wounded in the Civil War.

 

Lincoln Memorial Cent
Clad Roosevelt Dime
Bicentennial Quarter

I am also missing the following:

Liberty Cap Half Dime 1829-1837
Type II 1917-1930 Standing Liberty Quarter
1836-1839 Reeded Edge Capped Bust Half Dollar (I prefer the 1836 if anyone has one. )

 

I actually have a bunch of holed coins in my holed coin type set. And no I've holed none of them myself.

 

Thansks for the imput. I just hate them. I hope nobody makes a practice of it anymore.