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<p>[QUOTE=&quot;zumbly, post: 2646374, member: 57495&quot;]I enjoy the process of assigning an estimated market value for each individual coin in a &#039;large lot&#039;, arriving at that value after going through similar examples of the type in acsearch, CNG, ebay sales, vcoins, etc.&nbsp; From there, I derive the respective cost prices which go into my records.&nbsp; I try not to let my bias towards any particular coin in a lot affect the value I assign it - it doesn&#039;t matter to me if the coins I like best in the lot are or aren&#039;t the most valuable; they often aren&#039;t. </p><p><br /></p><p>I haven&#039;t done much lot buying in the last twelve months, but prior to that I&#039;ve picked up some very nice lots as well as some very average ones.&nbsp; The partially photographed lots - I steer clear of completely unphotographed ones - often include nice unexpected surprises in addition to pictured coins that may have made the lot desirable.&nbsp; Some of my favorite coins have come from large lots. </p><p><br /></p><p>I paid an average of $35 per coin for the 14-coin lot below.&nbsp; On my records, after going through the process I described above, I have an assigned cost price of $14 for the lowest value coin and $114 for the highest. </p><p>[ATTACH=full]584776[/ATTACH]</p><p><br /></p><p>The high-low range was even more dramatic for the 98-coin lot below.&nbsp; On the low end, I have about twenty coins in the lot with an assigned cost of $10 and under.&nbsp; At the upper end of the scale are two coins with a cost in the $200 range. </p><p>[ATTACH=full]584777[/ATTACH]</p><p>It&#039;d be interesting to know what values would be assigned by others, but at the end of the day, it&#039;s really just an administrative exercise I find enjoyable and that will matter to no one but me <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />.[/QUOTE]</p><p><br /></p>

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