How much do pin hole's effect the value of larg size paper money?

It seems to be common in large size notes.

 

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For French notes, I'd estimate a note in UNC versus a note in UNC with pinholes is probably 20% difference or so. Some notes came from the Bank of France already stapled in bundles, so there are none w/o pinholes, and of course the story is different for them. Well used notes are expected to have pinholes, so you don't see much pricing difference specifically related to pinholes. I don't think there's any difference due to the size of the note, at least none I've noticed.

Dave

 

I mainly collect US notes. For me, it makes or breaks whether or not I would buy the note. I prefer to hold onto my money until I can afford an example without. IF the note is so scarce that I can only find one with holes in them, I probably can't afford it to begin with.

 

Makes them allot less desirable, which decreases the value!!

 

If i was buying a uncirculated note i could see it being a big deal. But a note that has been circulated and does have things like folds and dirt i would think that a few pin holes would be less of a problem especially in grades VF and lower? I guess what i am asking is how much does it effect the value? 20% 50% 80%??

 

Each conditional problem further reduces a notes value, there is not going to be any mathematical way to demonstrate to you how much exactly that will be. You just need to look at a lot of notes and watch a lot of auctions to see what grades for different notes fetch what final price ranges. You need to realize that all collectors have different standards and budgets. All notes have different conditional qualities assessed uniquely and by technical grading standards. Different notes exists in different levels of scarcity/availability. All notes are not the same and so the same percentage off based on this or that combination of problems can't deliver you an exact value range, but paying attention to what is selling and for how much can help you as the market and collector interest changes for the available notes on the market selling across all grades.

 

i usually dont even touch notes with pinholes. it can effect the value big time.

 

I've turned down some gorgeous notes because of the pinholes. Asking price was the same as those without. I'll wait for the ones without.

 

The lower the grade the less effect on value, if there are many things wrong with the note grade
Would not make a big difference on the value say about 10% to 15% but it does make the note
Harder to sell, i wont buy "pin holed type notes" there just less desirable

 

I agree with krispy and mpcusa on this one. Generally it detracts about 10% for each "flaw" in a note. I owould only select a note with pinholes if it were a highly desirable note or if it were already in poorer condition and I was planning on purchasing it. Pinholes make the note less desirable and detract from the overall eye appeal.