How does holes affect Maundy coins values

I'm pondering buying a little clutch of maundy coins that are for sale ridiculously cheaply, they are all holed and I'm wondering how much that affects their value.

In my viewpoint terribly. A holes coin for me (unless extraordinarily rare) is not worth keeping.

One of them is an 1854 maundy 4 pence, mintage 4,000.  There's that one and 4 other Victorian Maundy coins for only NZ$25 (£12.50)  is it worth it for that do you think.  It's a maundy 1, 1 1/2, 2, 3 and 4 pence and a britannia groat

Neil, I just don't know. It depends in how you feel about holed coins.

Even if the holed coins are otherwise in UNC I would value them at less than VG.
Not the same coins but youd be better off with something like this http://www.ebay.de/itm/1904-NGC-MS65-66-GREAT-BRITAIN-4-COIN-MAUNDY-SET-COLORFUL-TONING-/331273111094?pt=US_World_Coins&hash=item4d216a8636

Thanks, I've already got a couple of them and I was thinking it might be a way to get a copy of the coins and then re-sell once I get a better copy.  But I might wait to see if it sells and ask for an offer.  Thanks for the advice guys.

Whilst I agree that holing a coin will reduce the grade quite drastically in some cases, I like holed coins. And if you don't mind them either, it's a good way to get to "fill a gap" until something better comes along, and often the price will be good simply because a lot of people don't like holes.

I like to think a holed coin adds a bit of history (mystery) to a coin, it wasn't just used to pay for bread or beer, maybe it was a love token, or for some sort of anniversary or commemoration. I have several holed coins, mostly silver three pences, and they often have holes in the top and bottom, maybe to make as a bracelet?

I just think it's nice to know that some of the coins I have weren't toiled for and didn't just pay for necessities, a few of them meant a lot more to people.

The thing with Maundy Money is that they were never meant to be circulated as they were a gift from the monarch, hence you'll find that a lot were made into jewellery or charms.

I would avoid holed Maundy coins like the plague. They are a bugger to resell. Lower grade Maundy coins can be picked up dirt cheap go for those instead.

Quote: Walder CoinsI would avoid holed Maundy coins like the plague. They are a bugger to resell

I don't think they would be over here, UK coins seem to sell well no matter what the condition.  They didn't sell so I've asked for an offer.  I've dealt with this seller several times and they're a great seller so hopefully they'll knock a few dollars off.

I used to buy holed coins as fillers now unless I intentionally look for a holed coin (one that maybe classed as trench art) I avoid at all costs and I find that in my endeavour to make my collection as good as possible I'm turning my nose up at F grades knowing that something b a lot better will come up eventually !

Call it an investment then rather than expanding my collection     I'm pretty sure I could make a profit on them by re-selling individually rather than as a large group.

I would buy a holed maundy set for £12.50