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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.

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12y ago

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What is the value of an US 1861 gold coin with a hole in it?

No US coin should have a hole. Since yours has one it has lost all collector value. There is goods news though. Since the coin is made of gold it still has a metal value. In 1861 the US made $1, $2.5, $3, $5, $10, and $20 dollar gold coins. find which denomination you have. If you have a $1 gold coin it would be worth about $67 in gold. If it's a $2.5 coin it's value is around $168. $5=$336. $10=$672. Keep in mind though that the hole will take away some value since it doesn't weigh as much anymore.