AI Recommendation
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 70 (VF-). This is an important factor, as coins in better condition tend to reach higher prices.
2. Auction History:
- The average starting price of similar coins is 299.05 euros, and the average hammer price is 416.73 euros.
- In the past, coins with similar conditions (around 70) have reached hammer prices that varied considerably, but some relevant examples are:
- In 2019, a coin with a condition of 80 sold for 470 euros.
- In 2021, a coin with a condition of 70 was hammered at 110 euros.
- In 2022, a coin with a condition of 80 sold for 220 euros.
3. Current Starting Price: The starting price is 50 euros, indicating that the seller is looking for a relatively low price to start the auction.
4. Sales Trends: Of the 33 times this coin has been auctioned, it has sold 23 times, indicating good demand.
Based on these factors, an estimated maximum purchase price could be in the range of 200 to 300 euros, considering that the condition is slightly below the average of coins that have reached higher prices.
Therefore, a reasonable maximum purchase price could be 250 euros. This allows for some margin for competition in the auction, given that the starting price is low and there is interest in the coin.