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<p>[QUOTE=&quot;satootoko, post: 17715, member: 669&quot;]First of all, a lesson in auction bidding.&nbsp; If you bid $525 and win the coin, it will cost you $642.40 in your mailbox (or $646.65 if you use a P.O. Box).&nbsp; <i>Always</i> read the auction description, and any links provided, <i>very</i> carefully.&nbsp; This is a typical auction house deal, with a buyer&#039;s premium of 20% of the bid.&nbsp; Internet auctions normally have a shippling &amp; handling charge, and in this case it is $9.90 for insured delivery to a street address, or $14.15 to a P.O. Box.&nbsp; No problem <i>if</i> you take premium/shipping/handling into account when figuring your maximum bid, but a huge problem if you look only at the bid itself.&nbsp; (Most live auctions have bidder&#039;s premiums, but often they only are 10-12%.)You betcha!</p><p><br /></p><p>For your coin, KM#88, the 2005 Krause lists the following mintages, and gives the following Uncirculated values (generally assumed to be for raw MS63 graded coins): <ul> <li>1946&nbsp;&nbsp; 113,000 $175.00</li> <li>1947&nbsp; &nbsp;&nbsp; 12,000 $850.00</li> <li>1948 7,200,000&nbsp; &nbsp; $9.00</li> <li>1949 1,350,000&nbsp; $53.00</li> <li>1950 2,640,000&nbsp; $13.50</li> </ul><p></p><p>Remember, supply and demand are major factors in valuing coins.&nbsp; Since the designs and metallic content are identical, it can be assumed that demand for individual 1946-50 2 Lire coins in any particular grade will be about the same, but since there were 600 times as many &#039;48s minted as &#039;47s, it&#039;s not really surprising to see a large value differential.</p><p><br /></p><p>The fact that the one in the Heritage sale is an MS65, graded by one of the &quot;big four&quot;, means it can be expected to bring a significant premium over what a sight-unseen raw Uncirculated coin would.&nbsp; That the estimated range is just about Krause (when bidder premium and shipping are included) says more about the unreliability of Krause as a &quot;price list&quot; than anything else.[/QUOTE]</p><p><br /></p>

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