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it is sure that curent USD/euros ratio is not favourable for you, it should have been taken into acount in this starting price...but I'm not sure there will be any selling in France...it will go in anywhere else if it goes.
Sebastien
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HuliganRS Wrote:I would say that this set would be fairly prices in the $4,000 - $5,000 range.
It's not a domestic prize & it's not a military related...
Your friend is looking for a bit over $6,500 which can be achieved in the right marketplace!
Let us know how it turns out.
Rusty.
Colleagues,
I am just curious - what do you base your opinions on regarding the price of this set? It's all about rarity and comparison to other awards.
For example, asking price (in $6000 range) is roughly the price of Suvorov 2nd class. Suvorov 2nd is almost always available for sale (every month or two there's one listed with one of major dealers), while I've never seen Lenin Peace Prize set on the market.
Furthermore, emission of Suvorov 2nd cl is in thousands, while this Lenin Peace Prize is much scarce. Plus you have provenance, as the doc is written to a famous person.
I'd take this prize set over 2nd Suvorov (just and example) without giving much thought.
I agree that asking price isn't cheap, but that's what prices are these days... I'd say prize set is priced fairly...
William
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HuliganRS Wrote:charlet,
As nice as that set is, I don't thing that €5,000 is a realistic price.
Rusty.
But in those times whrere I saw my Souvorov 3rd climb from 1200 to 3000usd what is realistic? A Stalin Prize which should be rarer, is given at 12000usd...
Please PM me for all infos, I'll keep you aware about doc!
Sebastien
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The difference is simple! A Suvorov 2 and 3 is Combat Awards!
No matter how you look at it. I agree that there are less of these prize medals but that is also true about the collectors of these awards.
new world Wrote:Colleagues,
For example, asking price (in $6000 range) is roughly the price of Suvorov 2nd class. Suvorov 2nd is almost always available for sale (every month or two there's one listed with one of major dealers), while I've never seen Lenin Peace Prize set on the market.
Furthermore, emission of Suvorov 2nd cl is in thousands, while this Lenin Peace Prize is much scarce. Plus you have provenance, as the doc is written to a famous person.
I'd take this prize set over 2nd Suvorov (just and example) without giving much thought.
William
William: I don't think Suvorov 2 is offered that frequently but regardless, they sell within days! The market for something like a Suvorov is great and so is the demand. As rare as this set is, I've only seen a handful of collectors specializing in this area. I compare these awards to early Republican awards. Yes they are super rare and yet any major dealer has the hardest time moving them even though there are single examples that survived! And we're talking smaller mintages than most prize medals!!!
charlet Wrote:But in those times whrere I saw my Souvorov 3rd climb from 1200 to 3000usd what is realistic? A Stalin Prize which should be rarer, is given at 12000usd...
Charlet: The set you mentioned is nice and the asking price is ridiculous!
As a dealer, it's his purgative to ask whatever he wants for it but will it sell? I'll make a wager with you regarding how long that piece will be for sale on that site! :) I can ask $10,000 for one of my Red Stars (nothing early) because it's an ultra rare variation but do you think I'll get it?
I do hope your friend is able to sell it and I'll be happy for him.
Rusty.
From the Raising Prices thread:
Lapa Wrote:Talking about auctions, Jean Eiffel's Lenin International Peace Prize (gold medal and large document, both in their original boxes) was sold 10 days ago at auction in Paris for $4100 plus 20.33% commission for a total of $4933.53.
Marc
I did say before that this set should go between $4,000 - $5,000.
HuliganRS Wrote:I would say that this set would be fairly prices in the $4,000 - $5,000 range.
It's not a domestic prize & it's not a military related...
Your friend is looking for a bit over $6,500 which can be achieved in the right marketplace!
Rusty.
"Be civil to all, sociable to many, familiar with few, friend to one, enemy to none." Benjamin Franklin
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Rusty,
I made a very slight (and almost insignificant :p ) mistake: the prices I quoted are actually in EUROS, not USD.
So, in effect, the figures are:
Winning Bid: 4100 Euros ($5275)
Commission: 833.53 Euros ($1072)
Total Cost: 4933.53 Euros ($6347)
Expensive, but certainly rare!!!
Marc
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"Medallion to the international Lenin peace prize, gold, in decorated silver gilt Tragespange with tape and needle, in the leather case with velvet insert. The large-size rental document in briefcase with the head picture W.I.Lenin, lent to the French painter Jean Effel on the 27th April, 1968. The international Lenin peace prize was lent only 10 times yearly and, hence, extremely seldom! Of our knowledge first in a German auction."
Starting price : EUR 15'000.- :eek:
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HuliganRS Wrote:charlet,
As nice as that set is, I don't thing that €5,000 is a realistic price.
Rusty.
hello friends, the set is gone on october 1st in Hamburg at 15000 euros... ;)
but are these paid with petro-euros???? :D
Sebastien
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charlet Wrote:hello friends, the set is gone on october 1st in Hamburg at 15000 euros...
but are these paid with petro-euros????
Seb,
Please correct me if I'm wrong, but the set you mention is just that Lenin Prize with the Doc posted before on this thread?!...
15.000.00 EUROS for it?!...
I wonder who could possibly pay all that money for just (after all) one Medal with a Doc!... Amazing!... :eek: :eek: :eek:
Dolf
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Dolf Wrote:I wonder who could possibly pay all that money for just (after all) one Medal with a Doc!... Amazing!... :eek: :eek: :eek:
As Sébastian said :
Quote:but are these paid with petro-euros????
So a Russian oligarch bought it ... :rolleyes:
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hello Bryan, yes, altough my ;), it is quite a frightening price...it is well the Jean Eiffel set (great diploma and folder, medal and box). But can anyone remember how many sets have you ever seen on the market since 1992?
Sebastien
"a spectre haunts Europe, the spectre of communism"
(a well-known german bearbed)
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