AI Recommendation
To estimate a maximum purchase price for the coin in question, we will consider several factors based on the provided data:
1. Current starting price: 3500 euros.
2. Auction history: The coin has been auctioned 16 times, of which it has sold 14 times. This indicates good demand.
3. Previous prices: Previous hammer prices varied significantly, with a maximum price of 3815.45 euros in 2014 and a minimum price of 110 euros in 2023. However, the highest hammer prices have been for coins in grade 90.
4. Condition: There is no information on the current condition of the coin, which can significantly affect its value. However, most previous auctions with grade 90 coins have reached high prices.
5. Average hammer price: The average hammer price is 1297.19 euros, suggesting that the current starting price of 3500 euros is quite high compared to the historical average.
Given that the starting price is 3500 euros and considering the auction price history, an estimated maximum purchase price could be in the range of 2500 to 3000 euros, depending on the condition of the coin and demand at the auction. This is based on the fact that the starting price is significantly higher than previous hammer prices, and without information on the condition, it is prudent not to exceed the current starting price.
Therefore, an estimated maximum purchase price could be 3000 euros.