If a rare silver coin has XF details but there is a small mounting hole from having been used as a pendant. How much will that typically hurt the value.
Typically a holed coin is worth anywhere from 50-90% less depending on the severity and rarity of the coin.
Yeah.... That’s a tough one. I have considered shopping for holed versions of a few of my lifelong dream coins hoping they may be more affordable to me. Even rare pieces tend to be at the very least half in value when they are holed.
Not that I'm trying to sell one, it's that some of the rare 300+ year old Italian and Sicilian silver coins that I'm looking for survived all these centuries because they were used as jewelry. And I see them listed with their old jewelry mounts. It's the only way can afford some of these, otherwise the prices are way above what I can afford.
Unless there's 3 of these coins total, it is going to destroy the value. 50% is being generous. In many cases I am in the 80-90% group on this. In your case, I don't really see this as a numismatic issue, but an antique jewelry scenario.
I have no problem with damaged coins as long as the price is right. I guess it comes down to how scarce this coin is.
I have saved for 3-4 years to be able to buy that expensive coin in a decent condition. If I should decide to sell in the future it will be far easier to find a buyer than if the coin was damaged, in a lower grade or repaired.
