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<p>[QUOTE="medoraman, post: 7425615, member: 26302"][USER=87737]@Beefer518[/USER] answered your question OP, but you do not want to learn. Comps are a decent idea of getting yourself into a ballpark, but do not work so well in collectibles. Why? It will always ignore different conditions. Take a VF Athenian tetradrachm. Tons of them out there. A comp will basically get you an average price. That is fine if the coin truly is an average vf. However, what if it is inferior to average, not having luster, maybe the nose is off the flan, etc. You "comp" will be way too high. Same for superior examples. You comp will not be a true comp comparing a normal VF to a full crest, lustrous, fine style piece. The market price shows this, with the best full crest VFs going for many multiples over average coins. </p><p><br /></p><p>Just looking at comps will get you into a range, like knowing its over $1000 but probably not $25,000, but KNOWLEDGE of the details [USER=87737]@Beefer518[/USER] tried to impart to you is needed from there. If your appraiser was so flippant as to issue an opinion without further research I am not so sure I would trust him for Byzantine coins. Ask him his opinion of my avatar, and what he thinks the range should be.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7425615, member: 26302"][USER=87737]@Beefer518[/USER] answered your question OP, but you do not want to learn. Comps are a decent idea of getting yourself into a ballpark, but do not work so well in collectibles. Why? It will always ignore different conditions. Take a VF Athenian tetradrachm. Tons of them out there. A comp will basically get you an average price. That is fine if the coin truly is an average vf. However, what if it is inferior to average, not having luster, maybe the nose is off the flan, etc. You "comp" will be way too high. Same for superior examples. You comp will not be a true comp comparing a normal VF to a full crest, lustrous, fine style piece. The market price shows this, with the best full crest VFs going for many multiples over average coins. Just looking at comps will get you into a range, like knowing its over $1000 but probably not $25,000, but KNOWLEDGE of the details [USER=87737]@Beefer518[/USER] tried to impart to you is needed from there. If your appraiser was so flippant as to issue an opinion without further research I am not so sure I would trust him for Byzantine coins. Ask him his opinion of my avatar, and what he thinks the range should be.[/QUOTE]
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