$2500 Bronze Medal

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Is this truly rare to be worth $2500???
https://www.ebay.com/itm/SCARCE-LARGE-4-1909-NEW-THEATER-OF-NEW-YORK-ANS-BRONZE-MEDAL-BY-MEDALLIC-ART-CO/153225039105?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m1438.l2649
I know nothing about this piece myself, but just looking through the dealer's other items for sale and history, I gather he knows what he is doing.
Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac
Its only worth 2500$ if someone would buy it for that price.
Quote: "alfonz"​Its only worth 2500$ if someone would buy it for that price.
​true
If I had that money, I would like to spend it on this medal:love: It is not exactly what I collect, but
imo it is a real piece of ART
...you can run,  but you can't hide...
Hi people, I think 2000 to 2500 sgd is the max if I were to really buy this medal. I did some research into this medal. Click on the link below and go to no 25.

http://numismatics.org/digitallibrary/ark:/53695/Miller-ANS-Medals

The mintage is only 50! Plus more over covering the history of it, maybe this medal cost around 250 bucks in this time(as in if this was newly launch today) . Because the theather is only for the rich and cost 3million to built. It was tore down in 1933.

Buying a medal is a art. Not for the faint hearted. Because most of the time, papers and box are lost along with time. If you are lucky, you did find things in a perfect condition with no foxing or aging. But it is almost impossible.

A good example is shown below. You can see foxing on the paper been transfered to the box.
​​​​https://en.numista.com/catalogue/pieces124224.html

Honestly anyone who buy this medal, is very lucky to have so much history and details written to it. I own a medal which I like have not much information about it. And I have Google search which comes up futile.
https://en.numista.com/catalogue/pieces166052.html
Be kind to people. Sharing is Caring. Collect what you like and not by the Crowd.
To seek for perfection, it is too painful and there is a very high price to pay. To seek for something comfortable is more easy. To seek for nothing is even more easy.
Quote: "Saber82"​Hi people, I think 2000 to 2500 sgd is the max if I were to really buy this medal. I did some research into this medal. Click on the link below and go to no 25.

http://numismatics.org/digitallibrary/ark:/53695/Miller-ANS-Medals

​The mintage is only 50! Plus more over covering the history of it, maybe this medal cost around 250 bucks in this time(as in if this was newly launch today) . Because the theather is only for the rich and cost 3million to built. It was tore down in 1933.

​Buying a medal is a art. Not for the faint hearted. Because most of the time, papers and box are lost along with time. If you are lucky, you did find things in a perfect condition with no foxing or aging. But it is almost impossible.

​A good example is shown below. You can see foxing on the paper been transfered to the box.
​​​​​https://en.numista.com/catalogue/pieces124224.html

​Honestly anyone who buy this medal, is very lucky to have so much history and details written to it. I own a medal which I like have not much information about it. And I have Google search which comes up futile.
https://en.numista.com/catalogue/pieces166052.html
​Thanks for the details. This is truly incredible. And I love the history behind the coins/tokens/medals. I'll start saving up and might get lucky to save up $2500 before this gets sold.
Quote: "Saber82"
​The mintage is only 50! Plus more over covering the history of it, maybe this medal cost around 250 bucks in this time(as in if this was newly launch today) . Because the theather is only for the rich and cost 3million to built. It was tore down in 1933.



To be fair, mintage alone doesn't necessarily determine value, even if it is very low. There are a lot of medals/exonumia that have single or double digit mintages (some even unique), but you won't get anything for them. In my experience the market for many types of exonumia is a lot more fickle and "Wild West" than coins, where you can more easily give a reasonable value.

Of course like alfonz said at the end of the day if someone wants to spend 2500 dollars on it, then that's what it's worth to them. I personally wouldn't though maybe if I were an exonumia collector I might think differently. ;)
Quote: "CassTaylor"
Quote: "Saber82"​​
​​The mintage is only 50! Plus more over covering the history of it, maybe this medal cost around 250 bucks in this time(as in if this was newly launch today) . Because the theather is only for the rich and cost 3million to built. It was tore down in 1933.
​​


​To be fair, mintage alone doesn't necessarily determine value, even if it is very low. There are a lot of medals/exonumia that have single or double digit mintages (some even unique), but you won't get anything for them. In my experience the market for many types of exonumia is a lot more fickle and "Wild West" than coins, where you can more easily give a reasonable value.

​Of course like alfonz said at the end of the day if someone wants to spend 2500 dollars on it, then that's what it's worth to them. I personally wouldn't though maybe if I were an exonumia collector I might think differently. ;)

​Agree. But it all depends on the history and origin of the medal itself. I think most medals have to do with art. A different path totally as compare to coins. Sometimes these medals are sculpted by some famous artist. I mean you look at von gogh painting you would only say I only spend 200 on it and no more. But some people will say ah von gogh. Pay thousands for it. Then the hardcore ones pays millions for it.
Be kind to people. Sharing is Caring. Collect what you like and not by the Crowd.
To seek for perfection, it is too painful and there is a very high price to pay. To seek for something comfortable is more easy. To seek for nothing is even more easy.
Very expensive, looking at past examples sold at auctions.
stacks & Bowers sold one in same condition for 240 USD
If you like coins, medals and tokens with ship motives follow my new instagram account with regular updates @numisnautiker
From time to time I sell some coins on Ebay make sure to follow me @apuking on Ebay.
Quote: "apuking"​Very expensive, looking at past examples sold at auctions.
​stacks & Bowers sold one in same condition for 240 USD
​Care to share the link to enlighten us?
Be kind to people. Sharing is Caring. Collect what you like and not by the Crowd.
To seek for perfection, it is too painful and there is a very high price to pay. To seek for something comfortable is more easy. To seek for nothing is even more easy.
if you really like it, make an offer...
Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac
Quote: "Saber82"
Quote: "apuking"​Very expensive, looking at past examples sold at auctions.
​​stacks & Bowers sold one in same condition for 240 USD
​​Care to share the link to enlighten us?
​here it is https://www.sixbid.com/browse.html?auction=2612&category=54441&lot=2195768
If you like coins, medals and tokens with ship motives follow my new instagram account with regular updates @numisnautiker
From time to time I sell some coins on Ebay make sure to follow me @apuking on Ebay.
Here is a wikipedia article about the theater, if anyone is interested in the building behind the medal, which is absolutely awesome.
https://en.wikipedia.org/wiki/Century_Theatre_(New_York_City)
Quote: "apuking"
Quote: "Saber82"

Quote: "apuking"​Very expensive, looking at past examples sold at auctions.
​​​stacks & Bowers sold one in same condition for 240 USD
​​​Care to share the link to enlighten us?
​​here it is https://www.sixbid.com/browse.html?auction=2612&category=54441&lot=2195768
​maybe 2500 is a typo...
Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac
Quote: "Mr. Midnight"
Quote: "apuking"

Quote: "Saber82"
​​

Quote: "apuking"​Very expensive, looking at past examples sold at auctions.
​​​​stacks & Bowers sold one in same condition for 240 USD
​​​​Care to share the link to enlighten us?
​​​here it is https://www.sixbid.com/browse.html?auction=2612&category=54441&lot=2195768
​​maybe 2500 is a typo...
​was it supposed to be $250?
Pretty medal, but based on other sales, I wouldn't expect it to sell for more than $200.

This one sold for $150:
https://coins.ha.com/itm/medals-and-tokens/1909-new-theater-of-new-york-medal-au50-uncertified-bronze-104-mm-dies-by-bl-pratt-whose-designs-for-the-1908-quarter/a/398-3076.s
Manik100 will be very happy to see that past sales is only less than 300. Lol... Manik100 will have to think many times before asking for very low price. Maybe the ebay seller got it at a very high price and now is trying to recoup the loss.
Be kind to people. Sharing is Caring. Collect what you like and not by the Crowd.
To seek for perfection, it is too painful and there is a very high price to pay. To seek for something comfortable is more easy. To seek for nothing is even more easy.
Quote: "Saber82"​Manik100 will be very happy to see that past sales is only less than 300. Lol... Manik100 will have to think many times before asking for very low price. Maybe the ebay seller got it at a very high price and now is trying to recoup the loss.
​Yeah $200 sounds fair. Ain't no way I'm paying anything over that for this, regardless of how much I like the medal. Seller can ask whatever he/she likes, doesn't mean they'll get it. For $2500, I'd rather buy the old truck that somebody is selling in my area :)
Initial shock here comes from the metal used.

People expect a $2,500 medal to be made out of Gold or Platinum rather than Bronze, or at least Silver. The mintage number bears out the scarcity, and also that most Bronze medals cost a few dollars or maybe $50 at most.

It is the same with stamps, paper is an almost worthless substance, but some stamps can be worth millions of dollars (Of course most are a few cents or dollars at most).
I love coins
Quote: "Moneytane"​Initial shock here comes from the metal used.

​People expect a $2,500 medal to be made out of Gold or Platinum rather than Bronze, or at least Silver. The mintage number bears out the scarcity, and also that most Bronze medals cost a few dollars or maybe $50 at most.

​It is the same with stamps, paper is an almost worthless substance, but some stamps can be worth millions of dollars (Of course most are a few cents or dollars at most).
​Agree. Some stamps in precious metal sense, they cost zero yet at the same time they cost alot.

Sometimes I feel like we are looking at something that has no definate answer. It's like jade. Jade itself is expensive but has no real definate value or grade itself. This is called art. Like I mention in previous post, it must tie to some history, and the scluper and stuffs and such to determine the value. Of course if this is the last piece then it would have cost afew thousands.

Take a example. If tomorrow there is a solid gold on John wicks coin the continental, and only 100 pieces, say 1oz real gold price plus 500 usd (maybe total cost 2000usd)above head, would the price shot up to 5000 usd 100 years later? Ha ha ha....

Enjoy the air while you can.
Be kind to people. Sharing is Caring. Collect what you like and not by the Crowd.
To seek for perfection, it is too painful and there is a very high price to pay. To seek for something comfortable is more easy. To seek for nothing is even more easy.

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