holes in coins are there for many reasons , but i think what lines up with the hole can say a lot about why it was holed in the first place. if the date is nicely aligned to be read then it was probably holed because of an important event that happened in that year , a marriage , death , birth , start or end of a war ect. and what better way to remember it than coin of that particular year. if an image is aligned then some are holed because of the beauty or representation or patriotism , lady liberty , the eagle . some are holed to make things like washers , toys or buttons. the trueth is there could be a number of reasons .