The hole was used to tie a string in order to recover the coin once the coin was used in a vending machine .
The coin no longer has a collectible value, take it to a jeweler that buys scrap gold & silver.
The value is just for the silver in the coin
The relevance is some fool drilled a hole in it.
I really hate to give you the bad news but silver dollar you have, if it were in near perfect condition would be worth as much as $500,000. A 1794 flowing hair dollar is valued at over $2,000,000. The hole drilled in yours makes it almost worthless.
Unfortunately the coin is only valued for the silver (about $2.00) unless someone wants it.
With a hole drilled in it, about 10 bucks just for the silver in it.
The coin no longer has a collectible value, take it to a jeweler that buys scrap gold & silver.
The value is just for the silver in the coin
The relevance is some fool drilled a hole in it.
It probably means that the dollar was on a neck chain at some time.
I really hate to give you the bad news but silver dollar you have, if it were in near perfect condition would be worth as much as $500,000. A 1794 flowing hair dollar is valued at over $2,000,000. The hole drilled in yours makes it almost worthless.
Unfortunately the coin is only valued for the silver (about $2.00) unless someone wants it.
The hole kills the collectible value of the coin. It's likely only worth about $25.00 for the silver content of the coin. Take it to a coin dealer for an assessment and value.
No collection value but is has a scrap silver value of about 10 bucks.
They never have. If your coin has a hole and is a US coin then someone drilled it in. It was not done at a US mint.
The hole destroys any collector's value that the coin may have had. It's still worth about $12-15 for its silver content, however (as of 06.2010)
The mint does not drill holes into the coins. If a hole is drilled into a coin it dramatically reduces value. MANY COUNTRIES DRILLED HOLES IN THEIR COINS. THE COINS WERE WORN FOR JEWELRY AND THAT RENDERS THE COIN PRETTY MUCH WORTHLESS.