To estimate a maximum purchase price for the coin in question, we can analyze several factors:

1. Current Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape. This generally translates to a higher price compared to coins with lower conditions.

2. Auction History:
- The average hammer price for this coin has been 21.79 euros.
- In previous auctions, we have seen hammer prices that varied, but there are examples of sales reaching up to 130 euros (in an auction with a condition of 100).
- Most hammer prices for similar conditions (95) have been in the range of 20 to 30 euros.

3. Starting Price and Average Starting Price: The current starting price is 12 euros, and the average starting price is 12.25 euros. This suggests that the starting price is reasonable and not excessively high.

4. Recent Trends: In the most recent auctions, hammer prices for coins with a condition of 95 have been around 16 to 30 euros.

Based on these factors, an estimated maximum purchase price could be in the range of 30 to 40 euros, considering that the condition is high and that the price history shows there may be interest in paying more for coins in good condition. However, since the starting price is 12 euros, it is likely that the hammer price will not significantly exceed this range.

Therefore, a reasonable maximum purchase price could be 35 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape. This generally translates to a higher price compared to coins with lower conditions.

2. Auction History:
- The average hammer price in previous auctions is 16.13 euros.
- Hammer prices of up to 130 euros have been recorded for coins with similar condition (100), and hammer prices of 50 euros for coins with a condition of 95.
- The trend of hammer prices for coins with a condition of 95 has been in a range of 12 to 50 euros in previous auctions.

3. Starting Price: The starting price is 12 euros, which may influence the final price, as buyers often consider the starting price as an indicator of the coin's value.

4. Supply and Demand: The coin has been auctioned 87 times, with 59 sales, indicating moderate interest in the coin. The next auction may attract interested buyers, especially if the condition is high.

Taking these factors into account, an estimated maximum purchase price could be in the range of 30 to 50 euros, considering that the condition is high and there is a history of hammer prices that supports this estimate. However, since the starting price is 12 euros, it is likely that the final price will not significantly exceed this range unless there is active competition among bidders.

Therefore, a reasonable maximum purchase price could be 40 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Current Condition: The coin has a condition of 95 (EF+), indicating that it is in very good shape. This generally increases its value compared to coins in lower conditions.

2. Previous Prices:
- In 2018, the coin was auctioned with a starting price of 150 euros and sold for 220 euros, with a condition of 95.
- In 2021, it sold for 140 euros with a condition of 95.
- In 2022, it sold for 150 euros with a condition of 70, indicating that condition significantly affects the price.

3. Average Hammer Price: The average hammer price for this coin is 184 euros, providing a good reference for the expected value.

4. Current Starting Price: The current starting price is 75 euros, which is quite low compared to previous prices.

5. Sales Trends: The coin has been auctioned 6 times, of which it has sold 5 times, indicating good demand.

Given all this, an estimated maximum purchase price could be in the range of 180 to 220 euros, considering that the condition is high and that previous prices have been consistent in that range. However, since the starting price is 75 euros, it could be a good opportunity to acquire it at a lower price, but the maximum you might consider to not exceed the market value would be around 200 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape. This generally increases its value compared to coins with lower conditions.

2. Auction history:
- The average hammer price for this coin has been 16.79 euros.
- In previous auctions, hammer prices have reached up to 75 euros (in December 2020) for coins with the same condition (95).
- Most auctions have had hammer prices ranging between 10 and 30 euros, depending on the condition.

3. Starting price and estimates:
- The current starting price is 15 euros, which is slightly higher than the average starting price of 9.41 euros.
- The estimated price for this auction is 25 euros, suggesting that there are expectations for the coin to sell at a higher price.

4. Recent trends: In the most recent auctions, hammer prices have been in the range of 15 to 40 euros for coins of similar condition.

Based on these factors, an estimated maximum purchase price could be in the range of 30 to 40 euros, considering that the condition is high and there is a history of hammer prices supporting this estimate. However, since the starting price is 15 euros, some bidders may choose not to exceed this price, which could influence the final outcome of the auction.

Therefore, a reasonable maximum purchase price could be 35 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Condition: The coin is in a condition of 100 (Uncirculated), indicating that it is in excellent shape. This generally increases its value compared to coins in lower conditions.

2. Auction history:
- The current starting price is 30 euros.
- The average hammer price in previous auctions for coins in similar condition (100) has been 65 euros (in the auction on 2020-12-17).
- In other auctions, hammer prices for coins in condition 95 have reached up to 44 euros, which also indicates that a coin in better condition can fetch higher prices.

3. Price trends:
- The average hammer price in previous auctions is 16.46 euros, but this includes coins in lower conditions. For coins in Uncirculated condition, the price can be significantly higher.
- The price trend in previous auctions shows that coins in Uncirculated condition have reached hammer prices of up to 65 euros.

4. Supply and demand: The coin will be auctioned in the coming days, which may increase competition and, therefore, the hammer price.

Taking all these factors into account, an estimated maximum purchase price for this coin could be around 65-70 euros, given that this is the highest price reached in previous auctions for coins in similar condition. However, it is important to consider that the final price may vary depending on the competition in the auction and the interest of collectors.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Condition: The coin has a condition of 75 (MBC), which indicates that it is in an acceptable state, but not of the highest quality. This can influence the price, as coins in better condition tend to reach higher prices.

2. Auction history:
- In the past, coins of the same reference with similar conditions (75 and 80) have been auctioned.
- Previous hammer prices have been 135 (in 2015) and 75 (in 2021) for conditions of 75 and 80, respectively.
- The 2022 auction shows a starting price of 60 and an estimated price of 100 for a coin with a condition of 100, indicating that the price can vary significantly depending on the condition.

3. Starting price and average prices:
- The current starting price is 110 euros, and the average hammer price in the past has been 105 euros. This suggests that the market is willing to pay close to this price, but there may be fluctuations depending on demand.

4. Auction trends: Given that there have been more auctions and successful sales in the past, this may indicate sustained interest in this coin, which could drive up its price.

Based on these factors, an estimated maximum purchase price could be in the range of 100 to 120 euros, considering that the condition is a limiting factor and that the starting price is 110 euros. Therefore, a reasonable maximum purchase price could be 120 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Coin Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape. This generally translates to a higher price compared to coins with lower conditions.

2. Auction History:
- The average hammer price for this coin in the past has been 19.46 euros.
- In previous auctions, coins with a similar condition (95) have reached hammer prices that vary, but some examples are:
- 20 euros on 2022-09-14.
- 22 euros on 2020-12-14.
- 20 euros on 2018-10-16.
- The highest recorded auction for a coin in condition 100 was 80 euros, but that is an exceptional case.

3. Starting Price and Estimates:
- The current starting price is 12 euros, and the average starting price in the past has been 11.51 euros.
- The estimated price for this auction is 20 euros.

4. Sales Trends: The coin has been sold in 43 out of 54 auctions, indicating good demand.

Based on these factors, a reasonable maximum purchase price could be in the range of 25 to 30 euros, considering that the condition is high and that the price history shows similar coins have reached hammer prices in that range.

Therefore, an estimated maximum purchase price could be 30 euros.

Given that the coin has a conservation grade of 95 (S/C-), which is a very high conservation level, and considering that this is the first time it is being auctioned, the starting price of 1500 euros seems reasonable. However, since there are no historical sales data for this reference, it is difficult to establish a precise estimated maximum purchase price.

In general, for coins with high conservation grades, collectors are often willing to pay a price above the starting bid, especially if demand is high.

Taking these factors into account, an estimated maximum purchase price could be between 1800 and 2200 euros, depending on the competition in the auction and the interest from collectors.

Based on the provided data, we can conduct an analysis to estimate a maximum purchase price for the coin in question.

1. Starting price: 1500 euros.
2. Current condition: 100 (S/C), indicating that the coin is in excellent condition.
3. Auction history: The coin has been auctioned once before, with a hammer price of 1500 euros and an estimated price of 3000 euros. The condition of that coin was 95, which is lower than the current condition.

Since the condition of the coin being auctioned now is better (100 compared to 95), and considering that the previous hammer price was 1500 euros, it is reasonable to assume that the price could be higher in this auction.

However, the starting price is 1500 euros, and given that there has been prior interest (it has sold in the past and has not gone unsold), this suggests that there is a market for this coin.

Estimated maximum purchase price:
- Given that the previous hammer price was 1500 euros and the current condition is better, we could estimate that the price could increase.
- A reasonable increase could be in the range of 20-30% over the previous hammer price, considering the condition.

Therefore, an estimated maximum purchase price could be in the range of 1800 to 1950 euros. This reflects an increase due to the better condition and interest in the coin, but it also remains within a reasonable range considering the starting price and auction history.

To estimate a maximum purchase price for the coin in question, let's consider the following factors:

1. Current starting price: 1200 euros.
2. Coin condition: 95 (S/C-), indicating good preservation.
3. Auction history: The coin has been auctioned once before, with an estimated price of 1500 euros and a hammer price of 600 euros. This suggests that, although the hammer price was low, the estimated price was significantly higher.
4. Average hammer price: 600 euros, which is considerably lower than the current starting price.

Given that the coin's condition is high (95) and considering that the starting price is 1200 euros, which is the same as the average starting price, we can infer that interest in the coin could be high, especially if it has sold well in the past.

However, the previous hammer price was 600 euros, indicating that the market may not be willing to pay much more than that unless there is a change in demand or perception of the coin's value.

Taking all these factors into account, an estimated maximum purchase price could be positioned between the starting price and the previous hammer price. A reasonable range could be:

Estimated maximum purchase price: 900 - 1200 euros.

This allows for some competition in the auction but also considers the hammer price history.

Given that the coin has a conservation grade of 95 (S/C-), which is a very high grade, and considering that it is being auctioned for the first time, the starting price is set at 1500 euros.

In the collector's market, coins in high conservation conditions often reach prices that can be significantly higher than the starting price, especially if there is interest in the auction. However, since there are no historical sales data for this coin, it is difficult to make an accurate estimate.

Taking into account the conservation and the starting price, an estimated maximum purchase price could be in the range of 2000 to 2500 euros, depending on the interest of collectors and the competition in the auction.

To estimate a maximum purchase price for the coin in question, let's consider several factors:

1. Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape. This generally increases its value compared to coins with lower conditions.

2. Auction history:
- In the December 2021 auction, the coin was estimated at 1000 euros and sold for 600 euros, with a condition of 80.
- In the May 2023 auction, the coin had a condition of 95, with a starting price of 3000 euros and an estimated price of 5000 euros, although it did not sell.

3. Current starting price: The starting price is 1500 euros, which is significantly lower than the starting price of the previous auction (3000 euros) and the average starting price (2250 euros).

4. Average hammer price: The average hammer price of 600 euros from the previous auction suggests that, although the coin has a high estimated value, market interest may not be as strong.

5. Market trends: Since the coin has only been auctioned twice and has had a low hammer price compared to its estimated price, collector interest may not be as high as expected.

Taking all these factors into account, an estimated maximum purchase price could be positioned between the current starting price and the average hammer price of the previous auction.

Therefore, a reasonable maximum purchase price could be around 1200 to 1500 euros, considering that the condition is high and the starting price is 1500 euros. This allows for some competition in the auction, but also reflects the reality of market interest.

Based on the provided data, we can conduct an analysis to estimate a maximum purchase price for the coin in question.

1. Starting price: 2500 euros.
2. Average hammer price in the past: 5000 euros.
3. Coin condition: 100 (Uncirculated), indicating it is in excellent condition.
4. Auction history: It has been auctioned once before, with an estimated price of 3000 euros and a hammer price of 5000 euros.

Given that the coin has a high condition rating (100) and has reached a hammer price of 5000 euros in the past, it is reasonable to consider that interest in this coin could be high in the upcoming auction.

Estimation of the maximum purchase price:
- Since the average hammer price has been 5000 euros and considering that the starting price is 2500 euros, a maximum purchase price could be in the range of 5000 to 6000 euros, depending on the demand at the auction.

Therefore, an estimated maximum purchase price could be 5500 euros. This allows for a margin for competition in the auction, given the price history and the high condition of the coin.

Based on the provided data, we can conduct an analysis to estimate a maximum purchase price for the coin in question.

1. Starting price: 1800 euros.
2. Average hammer price in the past: 2600 euros.
3. Condition of the coin: 95 (S/C-), indicating very good condition.
4. Estimated price in the previous auction: 3000 euros, although the hammer price was 2600 euros.

Given that the coin is in high condition (95) and has had a hammer price of 2600 euros in the past, it is reasonable to consider that the hammer price could be in a similar range or slightly higher in the next auction, especially if demand is high.

Considering that the starting price is 1800 euros and the previous average hammer price was 2600 euros, a maximum purchase price could be around 2800-3000 euros, taking into account that the hammer price may vary depending on the competition in the auction.

Therefore, an estimated maximum purchase price could be 3000 euros.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Coin Condition: The coin has a condition rating of 100 (S/C), indicating that it is in excellent condition. This generally translates to a higher price compared to coins with lower condition ratings.

2. Auction History:
- In the past, this coin has had hammer prices that vary significantly. The highest recorded price was 110 euros at an auction in December 2020, with a starting price of 90 euros.
- The average hammer price for coins of similar condition (100) is also an important indicator. Although there is not much specific data for this condition, the overall average hammer price is 34.38 euros.

3. Starting Price and Estimated Price: The current starting price is 30 euros, and the average starting price in the past has been 19.71 euros. This suggests that the current starting price is relatively high, but not unusual for a coin in excellent condition.

4. Sales Trends: The coin has been sold in 35 out of 38 auctions, indicating good demand and sustained interest in this reference.

Based on these factors, an estimated maximum purchase price could be in the range of 100 to 120 euros, considering that the condition is excellent and there have been precedents for hammer prices in that range. However, since the starting price is 30 euros, it is likely that the hammer price will not significantly exceed the previous estimated price. Therefore, a reasonable maximum purchase price could be approximately 100 euros.

To estimate a maximum purchase price for the coin in question, let's consider several factors:

1. Starting Price: 1800 euros. This is the initial price of the auction.
2. Condition: The coin has a condition rating of 95 (S/C-), indicating that it is in very good shape.
3. Auction History:
- In December 2021, the coin was estimated at 3000 euros and sold for 2200 euros.
- In May 2023, it was estimated at 7000 euros, but it did not sell, which may indicate that the starting price was too high or that there were no buyers willing to pay that amount.

4. Average Starting and Final Prices: The average starting price is 3400 euros, and the average final price is 2200 euros. This suggests that, in general, coins of this reference tend to sell for a higher price than the current starting price.

5. Current Demand: The coin will be auctioned in the coming days, which may influence competition and, therefore, the final price.

Taking these factors into account, an estimated maximum purchase price could be positioned between the average final price and the estimated price of the last auction. Given that the average final price is 2200 euros and the estimated price of the last auction was 7000 euros, but it did not sell, it is reasonable to think that a final price around 3000-3500 euros could be a realistic target.

Therefore, an estimated maximum purchase price could be 3500 euros. This allows for a margin for competition in the auction, considering the good condition of the coin and the potential interest from other buyers.

To estimate a maximum purchase price for the coin in question, we can analyze several factors:

1. Current Condition: The coin has a condition rating of 90 (EF), indicating that it is in quite good shape. This generally translates to a higher price compared to coins in lower conditions.

2. Auction History:
- The average hammer price for similar coins in the past is 41.34 euros.
- In previous auctions, we have seen hammer prices that varied significantly, but there are examples of coins in similar conditions that have sold for significantly higher prices, such as 240 euros for a coin in FDC (100) condition and 86 euros in a recent auction.

3. Starting Price and Estimated Price:
- The current starting price is 12 euros, which is relatively low compared to the average hammer price.
- The estimated price for this auction is 20 euros, which also suggests potential for an increase in the hammer price.

4. Recent Trends: In the most recent auctions, hammer prices have shown an increase, especially for coins in higher condition grades.

Taking all these factors into account, an estimated maximum purchase price for this coin could be in the range of 70 to 100 euros. This range considers the good condition of the coin, the auction price history, and the trend of increasing prices in recent auctions.

To estimate a maximum purchase price for the coin in question, we will consider several factors:

1. Condition: The coin has a condition of 95 (S/C-), which indicates that it is in very good shape. This generally translates to a higher price compared to coins with lower conditions.

2. Previous auction prices: By observing the hammer prices of coins with similar conditions (95 and 100), we can see that the hammer prices have varied considerably. For example:
- In 2014, a coin with a condition of 95 was auctioned for 122 euros.
- In 2018, another coin with a condition of 95 was auctioned for 70 euros.
- In 2020, coins with a condition of 100 were auctioned for 176 and 300 euros.

3. Starting price and average hammer price: The current starting price is 125 euros, and the average hammer price in the past has been 69 euros. However, given that the condition of this coin is high, it is reasonable to expect that the hammer price will be above average.

4. Market trends: Since the coin has been auctioned 49 times and has had a high sales percentage (42 out of 49), this suggests that there is consistent interest in this coin.

Based on these factors, an estimated maximum purchase price could be between 150 and 250 euros, considering that the condition is high and that significant hammer prices have been reached in the past for coins in similar conditions.

Therefore, a reasonable maximum purchase price could be 200 euros.

To estimate a maximum purchase price for the coin in question, we can consider several factors based on the provided data:

1. Current Condition: The coin has a condition rating of 90 (EF), indicating that it is in very good shape. This generally increases its value compared to coins in lower conditions.

2. Previous Prices:
- In the auction on October 17, 2022, the coin was auctioned with a starting price of 80 euros and sold for 80 euros, with an estimated price of 140 euros. This suggests that, despite the starting price being 80 euros, the interest in the coin was high, and the estimated price was significantly higher.
- In the auction on November 16, 2022, the starting price was 18 euros, but it did not sell, indicating that interest was low at that time.
- In the auction on February 14, 2024, the starting price was 18 euros, and it sold for 42 euros, with a condition rating of 70, showing that interest can also vary based on condition.

3. Current Starting Price: The current starting price is 60 euros, which is lower than the starting price of 80 euros in the previous auction with a similar condition.

4. Average Selling Price: The average selling price of 61 euros suggests that, in general, coins of this reference tend to sell around this price.

Given all this, and considering that the current condition of the coin is quite good (90), an estimated maximum purchase price could be in the range of 80 to 100 euros. This is based on the interest shown in previous auctions and the current condition.

Therefore, an estimated maximum purchase price could be 90 euros.

To estimate a maximum purchase price for the coin in question, let's consider several factors:

1. Condition: The coin has a condition rating of 75 (MBC), indicating that it is in quite good shape. This generally increases its value compared to coins with lower conditions.

2. Auction history: The coin has been auctioned twice in the past, and in the last auction, it sold for 45 euros. This is an important indicator of the interest and value of the coin in the market.

3. Starting price and previous prices: The current starting price is 30 euros, and the average hammer price in previous auctions has been 45 euros. This suggests that the market is willing to pay more than the starting price.

4. Market trends: Since the coin has sold on both occasions it was auctioned, and considering that the average hammer price is 45 euros, it is reasonable to assume that interest in this coin remains strong.

Based on these factors, an estimated maximum purchase price could be around 50-55 euros. This is because, although the average hammer price is 45 euros, the good condition and interest in the coin could justify a slightly higher price.