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The hole was used to tie a string in order to recover the coin once the coin was used in a vending machine .

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Q: What does a hole drilled in a silver dollar coin mean?
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Related questions

What is the value of a 1925 one dollar silver coin with chain link?

With a hole drilled in it, about 10 bucks just for the silver in it.


What is the value of a liberty peace dollar 1922 with a hole drilled in it?

The coin no longer has a collectible value, take it to a jeweler that buys scrap gold & silver.


1923 silver dollar with hole in middle?

The value is just for the silver in the coin


What is the relevance of a dime coin 1875 drilled with a hole?

The relevance is some fool drilled a hole in it.


What does a hole near the edge of my 1921 Morgan silver dollar mean?

It probably means that the dollar was on a neck chain at some time.


What is value of 1795 flowing hair silver dollar with a small hole drilled through the R in Liberty?

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.


What is your 1837 half dime with a hole drilled in it worth?

Unfortunately the coin is only valued for the silver (about $2.00) unless someone wants it.


What is the value of an 1849 one dollar coin with a hole in 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.


What is the value of a 1879 silver Morgan dollar coin that has a small hole to hang a chain?

No collection value but is has a scrap silver value of about 10 bucks.


Why did US coins have holes in them?

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.


Value of a 1890 Morgan cc silver dollar with a hole in it?

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)


Do U.S. coins have holes drilled in them?

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.