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<p>[QUOTE=&quot;JohnnyMac626, post: 2276376, member: 76314&quot;]Hello all,</p><p>I am new to the group and look forward to the input from all. Now to get to the big question. I received a small collection from my late grandfather last year. I have been a small time collector, learning what I can through books, articles, and forumns(although I never posted until now). I have one specific coin that has been giving me trouble as far as determining an approximate value. It is an 1801 Draped Bust Silver Dollar. From my research I have concluded that this is somewhat rare(apprx. 54,000 minted) and may be a bit more valuable than most of my other coins. The problem is, it not only had a hole in it, but someone tried to repair the hole by filling it with solder. My understanding is that more rare/valuable coins may not lose as much value from being damaged, but some others are basically worth the melt price. I believe that many coins from this era have holes in them due to the fact that a dollar was worth quite a bit and the owner would often wear it around their neck as a means of safeguarding their asset. Using previous sales and photo grade, I believe that the coin has F 15 details, maybe higher, but I don&#039;t think its quite enough for VF. I just don&#039;t know how much value is lost due to the &quot;plugged&quot; hole. Since I am new here, I will figure out shortly how to upload a few pictures. I really appreciate any help with this. I am considering selling it to help pay my tuition, depending on what it is valued at. It does have sentimental value, as it came from my grandfather, but if it is worth even close to the book value of an undamaged coin of similar quality, the value of helping me finish my degree is far greater and I think he would approve. I have also considered getting it graded, but I have never done that before and I don&#039;t know any local coin dealers/members that I can trust just yet. Thanks again for any information and feel free to ask me for any specific details.[/QUOTE]</p><p><br /></p>

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