| Sold for: |
$17,625.00
(includes BP  ) Bid Source: HA.com/Live bidder |
| Auction Ended On: | Jan 6, 2013 |
| Item Activity: |
1 Internet/mail/phone bidders
169 page views |
| This staggering price for this mediocre coin proves that for now at least in World Coin Auctions held in the US - the slabbed grade is paramount. Highest Graded is being regarded as finest known. That's a lot of power in the hands of a very few people, who rather than being professional numismatists, are professional graders. |
| While I do believe the grading is fairly consistent with machine made coins - which are made with a uniformity of strike, planchet, and die condition and style; for hammered coins, this is a very risky proposition for the collector, as these coins are likely to have a very different value in their countries of origin - where the largest collector base in located. But for now, certainly, as in all facets of the US economy, the risky proposition is the most profitable one. Interesting. | |||||||||||||||||||||||||||||||||||||||||||||
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