USA Three Cent Coin 1851 (O) New Orleans Mint. [opgelost]

How much do holes de-value coins, I suppose it depends on rarity and grade. Nice interesting 1851 coin this one.

A lot. However as you pointed out, there are mitigating factors relative to other details compared to other dates and mints. Your example is a more desireable date/mint for Type 1 - 3 cent pieces. A 1851O is highly desirable to collectors of this type such as myself as it is the lowest mintage (720,0000) of the type. I would like to obtain this particular date and mint combination and prefer an example with no PMD. However, a holed example is better than no example in my mind. A “GOOD 4” example of a 1851O without the hole would be valued at around $30 U.S. With the hole about $15 U.S. Still desirable but much less value.  A more common date for this type such as the 1852P (18,664,000 minted) in “Good 4” condition might be valued at $11 U.S. but with a hole only about $5 U.S. 

Thanks for the input regarding the coin,  as I'm new to all this and sorry for my ignorance regarding (PMD) what does this mean. I have listed it on eBay UK at the moment and just testing the waters with coin.

Post-Mint Damage.

Thanks for that, thought might be along those lines of damage🙂

cornishdynar-994-AD

Thanks for the input regarding the coin,  as I'm new to all this and sorry for my ignorance regarding (PMD) what does this mean. I have listed it on eBay UK at the moment and just testing the waters with coin.

Yes, sorry. I forgot you are a newer member. PMD, you will see many requests here regarding alleged Mint Error Coins.  99%+ which are nonsense claims  from newbies looking to get rich from their pocket change.  A hole drilled into a coin is a classic example of post mint damage to a coin. 

Thankyou, another term to stick at the back  of the old memory box😄