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Guess the Price--1950-D Jefferson Nickel NGC MS66*
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<p>[QUOTE="Vess1, post: 711229, member: 13650"]I think all we're seeing is a good cross-section of collectors, over-all, that we already knew existed. To me, you can break it up into thirds. The wishful thinkers, the rational, and the irrational. </p><p><br /></p><p> The first group doesn't desire and/or doesn't understand average premiums for toned coins with gorgeous eye appeal.</p><p><br /></p><p> I believe I fall in the second group (but could also fall in the first I guess). I don't actively collect toned coins but I do like them and will pay a premium, to a point, to get something unique. Based on my opinion and average budget. I'm not really in the market for one of these or on the look out for a toned one. But, if it were for sale here, there's no way I'd let it go for less than $100! I mean, c'mon!</p><p> So I can say, everybody's guess below that is wrong. Then the next guy might come along and say there's no way they'd let it go for less than $300. Then I'd be wrong. </p><p><br /></p><p> The third group would be the pure toning collector that primarily only focuses on toned coins. To me, $300 on up for this would be irrational but would not be for them. Based on prices in that piece of the pie of the collecting world, you could say the sky's the limit on this.</p><p><br /></p><p> I believe it's hard to say who's wrong. Many here would not pay $75 for it if given the opportunity. That's their choice. I wouldn't pay more than $150 for it if given the opportunity. That's my choice.</p><p> Somebody else may be willing to go up to $400. </p><p><br /></p><p> The seller depends on finding the wealthiest individual who wants it the most, with no price guide to base anything off of. </p><p><br /></p><p> If it sells for $700, than it likely means there is a small group of individuals that it could be re-sold to again at that price and they would have to be seeked out. Maybe a broader group would buy it for $400. And then a much broader group would likely pay $200. Then everybody would give $50 for it!!! That doesn't mean it's worth 50 or 700 to me.</p><p><br /></p><p> If a millionaire 'has to have it' and pays someone $10,000 for it, that doesn't mean it's worth $10,000. If somebody pays $700 for it, it doesn't mean they'd have an easy time re-selling it for $700. That's why I believe people should really analyze the prices they're willing to pay for such pieces. There's no price guide to fall back on. It just comes down to the broadest group of people who will give 'X' amount for it now and in the future.</p><p><br /></p><p> My guess was based on my opinion that the vast majority of collectors overall would not pay more than $200 for it. That doesn't mean a handful of people won't pay $1000 for it. But now we're back to the fact that I like them and I wouldn't pay $200 for it if offered. So said buyer would have to rely on someone else to get their money back out of it. Which may be a growing or shrinking pool of people as time goes on. </p><p><br /></p><p> The price of this could vary greatly if it was sold 10 times over a year's span. And that info would be needed to obtain a meaningful average price. To me anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 711229, member: 13650"]I think all we're seeing is a good cross-section of collectors, over-all, that we already knew existed. To me, you can break it up into thirds. The wishful thinkers, the rational, and the irrational. The first group doesn't desire and/or doesn't understand average premiums for toned coins with gorgeous eye appeal. I believe I fall in the second group (but could also fall in the first I guess). I don't actively collect toned coins but I do like them and will pay a premium, to a point, to get something unique. Based on my opinion and average budget. I'm not really in the market for one of these or on the look out for a toned one. But, if it were for sale here, there's no way I'd let it go for less than $100! I mean, c'mon! So I can say, everybody's guess below that is wrong. Then the next guy might come along and say there's no way they'd let it go for less than $300. Then I'd be wrong. The third group would be the pure toning collector that primarily only focuses on toned coins. To me, $300 on up for this would be irrational but would not be for them. Based on prices in that piece of the pie of the collecting world, you could say the sky's the limit on this. I believe it's hard to say who's wrong. Many here would not pay $75 for it if given the opportunity. That's their choice. I wouldn't pay more than $150 for it if given the opportunity. That's my choice. Somebody else may be willing to go up to $400. The seller depends on finding the wealthiest individual who wants it the most, with no price guide to base anything off of. If it sells for $700, than it likely means there is a small group of individuals that it could be re-sold to again at that price and they would have to be seeked out. Maybe a broader group would buy it for $400. And then a much broader group would likely pay $200. Then everybody would give $50 for it!!! That doesn't mean it's worth 50 or 700 to me. If a millionaire 'has to have it' and pays someone $10,000 for it, that doesn't mean it's worth $10,000. If somebody pays $700 for it, it doesn't mean they'd have an easy time re-selling it for $700. That's why I believe people should really analyze the prices they're willing to pay for such pieces. There's no price guide to fall back on. It just comes down to the broadest group of people who will give 'X' amount for it now and in the future. My guess was based on my opinion that the vast majority of collectors overall would not pay more than $200 for it. That doesn't mean a handful of people won't pay $1000 for it. But now we're back to the fact that I like them and I wouldn't pay $200 for it if offered. So said buyer would have to rely on someone else to get their money back out of it. Which may be a growing or shrinking pool of people as time goes on. The price of this could vary greatly if it was sold 10 times over a year's span. And that info would be needed to obtain a meaningful average price. To me anyway.[/QUOTE]
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Guess the Price--1950-D Jefferson Nickel NGC MS66*
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