Large cents

Discussion in 'US Coins Forum' started by rickmp, Mar 14, 2011.

  1. rickmp

    rickmp Frequently flatulent.

    I have about a dozen or so large cents of a few different styles that were passed down to me. The problem is, they are all holed. Yes, every last one was worn as jewelry at one time or another. My question is: could any of them still hold a numismatic value even with the holes?
     
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  3. Ripley

    Ripley Senior Member

    Yes, but at a reduced rate. Maybe it would be best to add a coin or two and keep on, passing it down the endless line.
     
  4. BRandM

    BRandM Counterstamp Collector

    Pictures would be very helpful rickmp. Pics will give us the dates and help us evaluate them. There are actually some people who collect holed coins, so there may be a market there. Don't expect to get much for them though. I like Ripley's idea, you might want to think about it.

    Bruce
     
  5. Leadfoot

    Leadfoot there is no spoon

    Absolutely they could still hold some value. The coins' value could also be significant if the coin is a rare variety. However, the holes certainly lessen the value of the coin. A good rule of thumb is a hole in a coin cuts the value by 75% -- and of course this varies, but the point is the lowering of value is significant relative to an un-holed example.
     
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