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<p>[QUOTE="Kasia, post: 3457296, member: 31533"]Quite an interesting price..Guess someone truly wanted it. And maybe was bidding against someone else who really wanted it. I don't know who would value that color to the point of 1/4 the 'pricing value' (i.e. what PCGS posts) of one that is gem-quality MS67, especially since that grade has a very limited amount of coins, though MS66 does admittedly have a large number in population. I did not in my calculations put in any effort to look at populations or really try to find a point between 400 and 4000 that might be a sweet spot to guess a higher number. But I do know that many do love color and obsess over that, which is ok. </p><p><br /></p><p>Perhaps the driver in price was more of a bidding war than carefulness in keeping price more realistic or perhaps I simply don't know the color market or even how to value a coin that has attributes that are very subjective. Or my lack of appreciation for Morgans as a focus of my collection. I will say that my assigning the ten additional dollars for very pleasing coloration was, evidently, unrealistic. Putting a 3X price point value would have gotten me much closer (take thee 400 given as a price for a MS66 and triple that, so $1200).</p><p><br /></p><p>But when all is said and done, I would not want that coin at the price it got.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 3457296, member: 31533"]Quite an interesting price..Guess someone truly wanted it. And maybe was bidding against someone else who really wanted it. I don't know who would value that color to the point of 1/4 the 'pricing value' (i.e. what PCGS posts) of one that is gem-quality MS67, especially since that grade has a very limited amount of coins, though MS66 does admittedly have a large number in population. I did not in my calculations put in any effort to look at populations or really try to find a point between 400 and 4000 that might be a sweet spot to guess a higher number. But I do know that many do love color and obsess over that, which is ok. Perhaps the driver in price was more of a bidding war than carefulness in keeping price more realistic or perhaps I simply don't know the color market or even how to value a coin that has attributes that are very subjective. Or my lack of appreciation for Morgans as a focus of my collection. I will say that my assigning the ten additional dollars for very pleasing coloration was, evidently, unrealistic. Putting a 3X price point value would have gotten me much closer (take thee 400 given as a price for a MS66 and triple that, so $1200). But when all is said and done, I would not want that coin at the price it got.[/QUOTE]
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