I recently got a coin from a friend, a 1932 1 pice coin from the kingdom of tonk...i found it on numista's catalogue but i had some problem grading it as it has a hole in the center,so i was hoping to get advice on this issue...the coin itself is in perfect condition (the lettering and lustre) but a small hole was made by someone, kindly help me grade the coin.
Personally I don't believe in dropping coins down a grade or two because of a hole, but your coin is pretty beat up anyway even ignoring the hole, so VG at best for me.
Damage outside of normal circulation wear doesn't affect a coin's grade. It should be noted separately.
For example a VF coin with environmental damage or a hole doesn't become a F or VG coin, it's VF (corrosion) or VF (holed). The impact of damage is on the price, not the grade.
Non illegitimis carborundum est. Excellent advice for all coins.
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Exactly, grading of circulated coins is about the degree of wear. Everything else should be noted separately. A VF+ or VF 30 silver coin remains a VF+ or VF 30 coin even if it was cleaned or holed or damaged in any other way. The value of a holed coin is of course greatly affected by the hole. Would you rather have an XF holed coin or the same in VF grade? I suppose we would all go for the VF coin, so the value of a holed coin is well below half the value of a problem-free coin of the same grade.
If the hole is right in the center (unless it's part of the design of course), in my view the coin is worthless as a collector's item unless it's very scarce. I might consider acquiring rare colonial tokens in that condition, but at a fraction of their catalogue value.
Quote: "jimpop"We would need a picture to help you grade a coin.
He's already posted pictures over here:
https://en.numista.com/forum/topic76714.html
Personally I don't believe in dropping coins down a grade or two because of a hole, but your coin is pretty beat up anyway even ignoring the hole, so VG at best for me.
Quote: "Camerinvs"Exactly, grading of circulated coins is about the degree of wear. Everything else should be noted separately. A VF+ or VF 30 silver coin remains a VF+ or VF 30 coin even if it was cleaned or holed or damaged in any other way. The value of a holed coin is of course greatly affected by the hole. Would you rather have an XF holed coin or the same in VF grade? I suppose we would all go for the VF coin, so the value of a holed coin is well below half the value of a problem-free coin of the same grade.
If the hole is right in the center (unless it's part of the design of course), in my view the coin is worthless as a collector's item unless it's very scarce. I might consider acquiring rare colonial tokens in that condition, but at a fraction of their catalogue value.
Yeah right,but i got it for free and anyways i don't collect coins for their monetary value.
Thanks for your response
Quote: "numist007"Yeah right,but i got it for free and anyways i don't collect coins for their monetary value.
Thanks for your response
Same here.
I find interesting to see the name "Jaarj" (« جارج » upside down at the bottom of the second picture). That's one possible spelling in Urdu or Persian for "George", i.e. King George V.
Quote: "Amin1983shahrul"
are this still consider `G` of VERY POOR
This is a rather common coin, right? If so, I wouldn't even bother with the grade. I would just describe it as "damaged" or "cull", especially if I were selling or swapping it.
