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<p>[QUOTE="Blaubart, post: 2077994, member: 37498"]The "metric" used may be identical, but multiples of starting value might not be the best way to compare the two given that the starting values are so far apart and represent such an insignificant part of the selling price.</p><p><br /></p><p>I think it would be more reasonable to calculate the added value from the artist. In the case of a $5 hobo nickel, it's $4.95. In the case of a hobo Morgan that is listed for $2,600, it would be $2,574. Big difference! (520x different to be exact)</p><p><br /></p><p>What does it take to create that value? Let's assume starving artists are willing to work for minimum wage. In the case of a hobo nickel, that could mean it took an artist about 40 minutes to create the nickel. In the case of the hobo Morgan, 355 hours. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Granted that the hobo nickel pricing was from the 1940's and the Morgan is priced in today's dollars, that's still an awfully large disparity.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2077994, member: 37498"]The "metric" used may be identical, but multiples of starting value might not be the best way to compare the two given that the starting values are so far apart and represent such an insignificant part of the selling price. I think it would be more reasonable to calculate the added value from the artist. In the case of a $5 hobo nickel, it's $4.95. In the case of a hobo Morgan that is listed for $2,600, it would be $2,574. Big difference! (520x different to be exact) What does it take to create that value? Let's assume starving artists are willing to work for minimum wage. In the case of a hobo nickel, that could mean it took an artist about 40 minutes to create the nickel. In the case of the hobo Morgan, 355 hours. :wideyed: Granted that the hobo nickel pricing was from the 1940's and the Morgan is priced in today's dollars, that's still an awfully large disparity.[/QUOTE]
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