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Pricing Exercise - How would you handle it?
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<p>[QUOTE="physics-fan3.14, post: 4947370, member: 19165"]Necessary details: </p><p><br /></p><p>- Were the two sales of the same grade? </p><p>- Is the coin certified? </p><p>- Compare the eye appeal of the two examples</p><p>- Which one was first, the lower or higher priced example, and when (dates) did each sell</p><p>- What venue did each sale occur at (Stack, Heritage, or some other major auction house? A minor auction house? Ebay?)</p><p>- What is the coin (US? Foreign? Token/medal?) </p><p>- What is the composition of the coin (copper? silver? gold?) </p><p>- is this coin well publicized? It is a known variety? Is there a reference which describes this coin? </p><p><br /></p><p>I'd evaluate all of these factors to try and establish an idea in my head. </p><p><br /></p><p>Based on the (limited) details you list, I'd probably split the difference and list it for $175, and accept a decent offer. With further details, there may be a better way to advertise the coin and get a higher value.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 4947370, member: 19165"]Necessary details: - Were the two sales of the same grade? - Is the coin certified? - Compare the eye appeal of the two examples - Which one was first, the lower or higher priced example, and when (dates) did each sell - What venue did each sale occur at (Stack, Heritage, or some other major auction house? A minor auction house? Ebay?) - What is the coin (US? Foreign? Token/medal?) - What is the composition of the coin (copper? silver? gold?) - is this coin well publicized? It is a known variety? Is there a reference which describes this coin? I'd evaluate all of these factors to try and establish an idea in my head. Based on the (limited) details you list, I'd probably split the difference and list it for $175, and accept a decent offer. With further details, there may be a better way to advertise the coin and get a higher value.[/QUOTE]
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