purchase price

[markk-migration]

Is $450 too much For a 1998 sp 70 matte proof Kennedy graded by ngc?

 

 

 

[rexcat]

Hi Markk, welcome to the boards.

 

Sorry I don’t collect moderns graded that high and really don’t have a clue.

 

But what I was able to do is go to Teletrade and searched their past auctions for the coin you are asking about. Below is a page shot of the results of a search going back three years. I find that when needing to find what the going price of a coin is auction archives are a good place to look, there you see exactly what people have paid for coins.

 

Looks like Teletrade hasn't sold one in a while, also the prices below do not include the teletrade’s buyer fee which I think is 10%, not sure.

[macrocoin]

You can probably find it cheaper.

I just saw a PCGS one on EBay in about 1 minute of searching for $420, and I am guessing if you look around you could find one even cheaper than that.

 

Best bet to determine the true market value is to see what auctions are fetching.

A decent dealer that you have a relationship with should be able to do even better than an average auction price, at least that has been my experience. Whatever you do, do a lot of homework before throwing money at a coin. Welcome to the board!

[EZ_E]

I'm very surprised that the prices of the matte finishes from the '90's has been so stagnant! I am still sold on the idea that these are great investments!!

[Beijim]

I paid about $280 in November 2004. Recent good prices seem to be in the $350 range, so I definitely view $450 as excessive.

 

Good luck!

Beijim

[James_OldeTowne]

I think it's a fair market price, but probably more than I would want to pay.

 

James