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How Much Will Market Value Jump?

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New Member

United States
28 Posts
 Posted 02/26/2008  2:15 pm Show Profile   Bookmark this topic Add myestate to your friends list Get a Link to this Message Number of Subscribers
Hello,

I would like to find out what your opinion is on this...

There are three pattern coins made with aluminum, brass, and silver. The world coin catalog stated value for the aluminum coin is $50,000. Brass and Silver market value not listed. How much would you estimate the value of the brass and silver coin?

Thank you.
Pillar of the Community
Australia
3831 Posts
 Posted 02/26/2008  3:14 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
How about how do you know if the patterns coins are genuine?
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
New Member
United States
28 Posts
 Posted 02/26/2008  3:46 pm  Show Profile   Bookmark this reply Add myestate to your friends list Get a Link to this Reply
Assuming it is genuine.
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KurtS's Avatar
United States
5318 Posts
 Posted 02/26/2008  8:06 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
Sorry, but your post is rather non-specific that it's pretty hard to comment. What patterns are you speaking of?
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Sap's Avatar
Australia
16832 Posts
 Posted 02/27/2008  03:04 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Generally speaking, if Krause notes the existence of a coin but doesn't list a price (especially in the 1800's, 1900's and 2000's volumes), it usually means that the things are so rarely seen that they haven't been spotted for sale anywhere, so there's no data to base a price estimate on. It's entirely possible that every single specimen is known to be in a museum or public collection, and therefore none have ever been bought or sold.

It's difficult to estimate the value of such pieces. Supply and Demand rules apply; an incredibly scarce coin can still be pretty cheap, if nobody's ever heard of the things.

If one were to turn up at a brick-and-mortar auction house, the auctioneer would base his estimate on educated guesswork: what similar items have realised in past auctions. But in the end, it would be just a guess; the market would determine the "true value" on auction day.
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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