Holey Cent!

The general story of this coin is pretty basic. First, someone drilled or hammered a hole right above Lincoln's head. Second, that person made little marks on the edges possibly to fit it in a holder or just to give it a different look. Third, that person most likely used it as  jewelery and it somehow ended up in circulation. It has only metal and/or artistic value which could range from $0.02-$0.10 but most people do not want a worn, brown coin for jewelery. This means the most it is worth is most likely $0.02 for metal and because of the hole.
(NOTE: normal pre-1982 cents are worth about $0.03-$0.05 for copper value alone.)