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 of 70 (VF-). This indicates that it is in relatively good shape, which can positively influence its price.
2. Previous Prices: Looking at previous auction prices for coins with similar conditions:
- In 2020, a coin with a condition of 70 was auctioned for 60 euros.
- In 2022, a coin with a condition of 75 was auctioned for 70 euros.
- In 2014, a coin with a condition of 85 was auctioned for 135 euros.
3. Average Auction Price: The average auction price for this coin is 119.31 euros, suggesting that, in general, coins of this reference tend to reach higher prices.
4. Starting Price and Previous Sales: The current starting price is 30 euros, and there have been 14 previous auctions, of which 13 resulted in sales. This indicates a consistent interest in the coin.
5. Market Trends: Given that the average starting price is 59.64 euros and the average auction price is 119.31 euros, there is a considerable margin between the starting price and the final sale price.
Taking all these factors into account, an estimated maximum purchase price could be in the range of 80 to 120 euros, considering that the condition of the coin is an important factor and that interest in it seems to be high.
Therefore, a reasonable maximum purchase price could be 100 euros. This allows for competition in the auction and aligns with previous auction prices.