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If that fellow the other day who was caught robbing millions was buying up the high end awards market for investment whose to say the legitimate investors are buying up the awards with no interest in them other than the $$$ and speculated profits?
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Ph3s,
Price depends on SN. Ealry ones tend to be more expensive, later ones cheaper as most of them were never awarded. IMHO, these orders have been and remain way overpriced, considering that about 140,000 were made.
For a later issue, I would not pay more than a couple of hundred dollars.
Marc
PS: by the way, these are now faked quite convincingly, be careful
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I think Marc's estimate is on the low side, even for wholesale.
I do agree that there are lots of fakes and I'll add the market is in flux.
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desantnik Wrote:I think Marc's estimate is on the low side, even for wholesale...
Paul,
To each one his own, but to me, these cannot be worth more than what I stated. Compare with other orders/medals that were manufactured in similar quantities, and one can only come to the unescapable conclusion that these currently are grossly overpriced, especially given the quantity of unissued, yet available to collectors, pieces.
Marc
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Marc, is there a readily available source where they are selling for that price? You are entitled to your opinion to which you provide supporting data, but until the market bears out such a price, again I still think it's on the low side.
Bottom line = assuming you have several Crabs, are you prepared to let all of yours go at that price? If so, I think they would sell out pretty quickly indicating your designated price is extremely good.
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Just to throw in my two cents: this late-era award really doesn't do anything for me. Too modern, unsexy, unattractive....even kinda late for Cold War hijinks. I really have little desire to add these to my collection. Maybe at a steal price, less than $200 I might consider.
But I suspect I'm in the minority on this.
"patina imparts character" - PJS
A wise man said: 'you should not pay a premium for what you want beyond your comfort level, and always ensure there is a mutually agreeable return policy.'
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Paul,
About a year and a half ago, the "normal" price for a late-type suspension ORB was in the vincinity of $800... At the time, many sellers had the same type of reasoning and explanation as you have. Despite what "the market" was indicating, these were grossly overpriced (hence I did not participate in the purchasing stampede at that inflated price level).
Marc
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Marc,
OK, to test I'll offer to buy the first three genuine Crab IIIs for $200 a piece from those who offer until 16 MAR.
Any takers?