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To Buy Or Not To Buy, A Question About A Railway Callao To LA Oroya 1870 Medal From Peru.

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Poland
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 Posted 12/08/2022  11:09 am  Show Profile   Bookmark this reply Add WhiteX to your friends list Get a Link to this Reply
The price is around 140$, while medals is similar condition go on auctions for circa 240$. But the most important thing to me, is whether it's scratched or not.

And thank you for the welcome!
Edited by WhiteX
12/08/2022 11:14 am
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 Posted 12/08/2022  11:15 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply



Purchasing such is very much a personal reckoning, but I'd guess the market may be pretty thin. I see a silver one being presently offered at 800, but apparently they were also rendered in bronze. Which composition is this specimen?

Colligo ergo sum
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Poland
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 Posted 12/08/2022  11:16 am  Show Profile   Bookmark this reply Add WhiteX to your friends list Get a Link to this Reply

Quote:
Which composition is this specimen?


It's the silver one.
Edited by WhiteX
12/08/2022 11:20 am
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 Posted 12/08/2022  11:19 am  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list Get a Link to this Reply
Doesn't seem too bad to me, but if the damage bothers you I wouldn't buy it!
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 Posted 12/08/2022  11:27 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I don't collect medals, but the scratch looks pretty minor to me.
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Poland
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 Posted 12/08/2022  11:29 am  Show Profile   Bookmark this reply Add WhiteX to your friends list Get a Link to this Reply
I see. The reason I ask is because I want to avoid sinking money in a medal, that others may perceive as damaged.
I know that "you should buy what you like", but there is no point in paying more than what is something worth.

How much is the one worth? Dunno, but maybe you can help me gauge whether the price may be right.
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Sweden
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 Posted 12/08/2022  1:22 pm  Show Profile   Bookmark this reply Add erafjel to your friends list Get a Link to this Reply
That scratch is really minor and it doesn't touch the motif, so I don't see it as a problem. I would not hesitate to buy the medal, $140 seems like a good price.
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 Posted 12/08/2022  1:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I agree. Scratch is very minor.
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 Posted 12/08/2022  3:58 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
to the Community!

If YOU like it and the price is fair then why not buy it?

On the flip side, if the minor scratch bothers you now it will bother you 10 times more once you own it!

Sorta a "darned if you do, darned if you don't" scenario.

Good luck with whatever you decide.

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 Posted 12/08/2022  5:31 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I like it. How "big" is it?

My secondary collecting interest is large medals (50mm and up).
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Australia
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 Posted 12/08/2022  6:30 pm  Show Profile   Bookmark this reply Add David Graham to your friends list Get a Link to this Reply
It really is personal. If someone offered me a BMW at half price because the body work had some dents/scratches, I would have no problems purchasing it and driving it around as I would know how much moola those dents saved me on purchase price. Others may prefer to pay the big bucks to have a BMW without a blemish. But then again, it has been said that I'm tighter than a fish butt hole.
Edited by David Graham
12/08/2022 6:31 pm
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Poland
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 Posted 12/08/2022  6:45 pm  Show Profile   Bookmark this reply Add WhiteX to your friends list Get a Link to this Reply
Thank you for all the answers so far. I am still mulling over the medal.


Quote:
I like it. How "big" is it?

It has a diameter of 50mm and weights around 70 grams
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Canada
738 Posts
 Posted 12/08/2022  9:06 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list Get a Link to this Reply
I think it looks very nice overall. Any scratches seem minor and to me don't distract from the appearance.
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 Posted 12/08/2022  11:23 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
At 70 grams, that's about 2 troy ounces (assuming it's made of sterling silver or thereabouts), so it's US$53 in bullion value alone.

At just $140, or $87 above bullion value, for a nice, artistic, historically significant medal? It's a steal. I don't even collect medals very strongly and certainly try not to buy medals this large, but I do collect "railway things", and if I saw that for $140, I'd want to buy it.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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