To estimate a maximum purchase price for the coin in question, we can consider several factors:
1. Condition: The coin has a condition rating of 80 (MS+), indicating that it is in relatively good shape. This generally translates to a higher price compared to coins in lower condition.
2. Starting Price: The starting price is 900 euros, suggesting that the seller has high expectations for this coin.
3. Historical Data:
- The average hammer price for similar coins in the past is 47.44 euros, which is significantly lower than the current starting price.
- However, there are examples of higher hammer prices in the past, especially for coins in better condition (for example, some reached up to 270 euros).
4. Sales Trends: Of the 42 times this coin has been auctioned, it has sold 26 times, indicating a sell-through rate of 61.9%. This suggests that there is interest in the coin, but it also indicates that it does not always sell at the expected price.
5. Comparison with Previous Prices: Previous hammer prices for coins of similar condition (around 80) have varied, but many are below the current starting price.
Based on these factors, an estimated maximum purchase price could be set in a range that reflects both the condition and the price trends in the market. Given that the starting price is 900 euros, and considering that the average hammer price is much lower, a reasonable maximum purchase price could be between 200 and 300 euros, depending on the competition in the auction and the interest from other buyers.
Therefore, an estimated maximum purchase price could be 250 euros.