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Message:: [QUOTE="Nap, post: 2290349, member: 73099"]I wouldn't pay very much for a Jackson Pollock or Andy Warhol painting.  I think they are both hideous in their own way.  But I don't look at them as valueless junk. I don't know exactly what it's worth.  I don't collect these.  But I imagine there are collectors like me, that cannot afford the finest examples and would be happy with a low grade example of a rare type, if it can be easily identified and reasonably authenticated.  I would disagree that the amount of wear on this particular coin prevents its easy identification and iconic depiction. I like the previously mentioned idea of considering what a coin might reliably sell for, say if it were auctioned 4 or 5 times in a row.  Of course, this is a thought exercise and rarely able to be carried out, especially for these rare pieces that come to market quite infrequently.  Do you think that the coin would sell for $200 if it were to go into the next CNG auction (and say someone like Sear gave it a thumbs up for authenticity)?  Is $2000 more accurate?   Would $5000 be outlandish?  There was an impaired worn example sold by CNG earlier this year for $7000 (on a pre-auction estimate of $1000). It should be kept in mind that markets for rare coins can be manipulated and hoarding of rare types to keep prices high is not unheard of, but I think there is a fairly broad demand for this particular issue by museums and collectors.[/QUOTE]