AI Recommendation
To estimate a maximum purchase price for the coin in question, let's consider the following factors:
1. Starting Price: 2500 euros. This is the initial price set for the auction.
2. Condition: The coin has a condition rating of 85 (ebc-), indicating that it is in fairly good shape, but not the best possible condition.
3. Auction History: The coin has been auctioned 2 times in the past, of which it sold once for 2300 euros. This suggests that the market has valued this coin around that price in the past.
4. Average Hammer Price: 2300 euros, which is the average price at which similar coins have sold in the past.
5. Average Starting Price: 2000 euros, indicating that generally, coins of this reference tend to start auctioning at a lower price.
Given that the starting price is 2500 euros, which is higher than the average hammer price of 2300 euros, and considering that the coin has a condition rating of 85, an estimated maximum purchase price could be around 2300 euros, which is the price it has previously sold for.
However, since the starting price is 2500 euros, some bidders may be willing to pay a bit more, especially if there is interest in the coin. Therefore, a reasonable maximum purchase price could be approximately 2400 euros. This allows for some competition in the auction while remaining below the starting price.