papa_joe Posted August 27, 2017 Report Share Posted August 27, 2017 Hello. I'm new here and new to collecting coins. When i serf eBay looking for coins i see a phenomena that i d'ont understand. There are a lot of coins there that have a hole in them. I avoid them becaue it seems unaesthetic to me and i think it has something to do with taking the coins out of circulation. I'd like to know what is the reason for those holes? Quote Link to comment Share on other sites More sharing options...
Arminius Posted August 28, 2017 Report Share Posted August 28, 2017 Depends on the coin and issue. Some holes are intended, by the production process or just to save material. Some are applied after the usage to create a necklace, fix other items to a firm piece of metal or to devalue the coin. Sometimes it´s hard to imagine what kind of nonsense people can do with a tool. Regards Quote Link to comment Share on other sites More sharing options...
papa_joe Posted August 28, 2017 Author Report Share Posted August 28, 2017 thanks for the replay. the holes seems to be made after the minting of the coins. are such coins good for collecting or are the considered damaged? Quote Link to comment Share on other sites More sharing options...
Arminius Posted August 28, 2017 Report Share Posted August 28, 2017 Depends on the type and market. In general : common coins holed after minting are neglected by experienced collectors looking for good preservation. But a very rare and interesting one (eg. a coin showing a fine portrait of Julius Caesar) will easily find a buyer at a lower price level. Quote Link to comment Share on other sites More sharing options...
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