AI Recommendation
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 70 (VF-). This is an important factor, as coins in better condition tend to reach higher prices.
2. Starting Price and Average Hammer Price: The current starting price is 140 euros, and the average hammer price in previous auctions is 173.73 euros. This suggests that, in general, coins of this reference tend to sell for above their starting price.
3. Sales History: The coin has been auctioned 61 times, of which 53 have been sold. This indicates good demand and a history of successful sales.
4. Previous Prices: Looking at the hammer prices of coins with similar conditions (70-85), we can see that they have reached hammer prices that varied, but some have reached 180 euros or more in similar conditions.
5. Recent Trends: In the most recent auctions, hammer prices have been quite high, especially for coins in good condition. For example, a coin with a condition of 85 was hammered at 220 euros.
Based on these factors, an estimated maximum purchase price for the coin in question could be between 180 and 220 euros, considering that the condition is slightly lower than that of some coins that have recently sold for higher prices.
Therefore, a reasonable maximum purchase price could be 200 euros. This allows for a margin for competition in the auction, given that the average hammer price is 173.73 euros and there is potential for the coin to sell above its starting price.