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<p>[QUOTE=&quot;dougsmit, post: 3373729, member: 19463&quot;]While I disagree with you both, at least one pays enough attention to know where he is posting instead of dropping in and telling how it is with modern tokens.&nbsp;&nbsp; IMO some hole do reduce the value of an ancient coin almost as much as they would were the coin modern while others that were made in ancient times can add interest to the item.&nbsp; This is not saying that the hole does not reduce the coin value; it does.&nbsp; Relatively few people will consider buying coins with holes so they should be cheaper.&nbsp; I&#039;ll offer a couple coins with holes that may not be quite as lacking in numismatic interest as our modern expert would believe.</p><p><br /></p><p>First is a restored (under Nerva) AE as of the divine Augustus issued many years after his death.&nbsp; The question is why the coin needed three holes to affix it to something.&nbsp; The dreamer in me would like to think that it was used to &#039;decorate&#039; a coffin/memorial to a veteran whose service started under Augustus but that would require the veteran to have lived beyond 100 years old - possible but unlikely.&nbsp; I don&#039;t know but this is a case where the 3 holes are more interesting than would be just one.</p><p>[ATTACH=full]894902[/ATTACH]</p><p><br /></p><p>Some holes are drilled; some holes are punched.&nbsp; This denarius of Augustus received its hole when pierced by an iron nail some of which remains in the hole.&nbsp; The hole reduces the value but not as much as did that last stroke of the hammer that smashed the obverse of the coin.&nbsp; Why was this coin worth a day&#039;s pay nailed to something so roughly?&nbsp; The dreamer answer is it was a bar bet with the winner getting the rights to return for the coin.&nbsp; The truth will never be known.</p><p>[ATTACH=full]894913[/ATTACH]</p><p><br /></p><p>Some coins are rare enough that a hole may be tolerable simply because the chance of finding a hole free coin of the type is a bit remote.&nbsp; I have not done great research but this Alexandrian diobol of Antoninus Pius will retain a bit of numismatic value until someone shows me a better coin of the type with no hole (or any of the other ills that can beset a coin in 1900 years).&nbsp; It is only an R3 in Emmett so several others exist.&nbsp; Do they have enough bull detail to make this one worthless?&nbsp; If they don&#039;t have any good detail does their lack of a hole make them rank over this one?&nbsp; Opinions will differ.</p><p>[ATTACH=full]894920[/ATTACH][/QUOTE]</p><p><br /></p>

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