Holy holed coins, Batman! Dealer Frank Robinson is offering a collection of holed coins.
-Editor
Dealer Frank S. Robinson will conduct a special auction of The Holey Collection, closing June 5, with all holed coins. The sale, with no buyer fee, includes about 270 lots, many of them group lots.
Most coins are from one collector, who seemed to love holed coins. After all, one can get 98% of the coin for, usually, a fraction of the price.
The sale includes U.S. and mostly world coins. One notable item is a U.S. 1822 dime, a very rare date, with a plugged hole.
The catalog is posted at
www.fsrcoin.com/holey.html
Lot 18. Dime 1822, RARE!! fairly small & neat plugged hole at obv top, otherwise a very decent G/AG, ltly toned, most of LIBERTY visible. Ex Henry Christensen auc in orig env. (Compare an AG-3 sold for $1440, Stack's 1/24; Fair-2 $940, Heritage 6/16; Holed G $705, Heritage 7/15.)
$400
One must appreciate the marketing tack - 98% of the coin for a (smaller) fraction of the price. Great for pocket pieces as well as collection fillers. I keep a holed 1858 half dollar on my keychain for grins. It replaced an even cooler piece that I lost when it somehow managed to fall off the keyring - a holed Hawaiian quarter. Some future metal detectorist will have fun trying to explain how it ended up on the East Coast.
And one shouldn't laugh - it would have been quite a challenge to locate this many different holed coins without drilling the holes oneself. Individually I'm sure many of these are quite rare with holes, which is what drew me to my holed Hawaiian quarter. I followed a similar off-the-beaten path strategy in assembling my U.S. merchant counterstamp collection - I looked for nice counterstamps on undertypes I didn't already have. Counterstamping small coins is hard, and finding them on tiny coins like three cent pieces and half dimes is a challenge. I also purchased a few counterstamped early dollars that way, paying a fraction of the "undamaged" price. Coins I bought for hundreds of dollars later sold for thousands.
-Editor
Wayne Homren, Editor
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