1900 AE commercial/test prices

[Ron Wood]

The survival rate on Test Eagles is surprisingly high. I have recorded 266 reported serial numbers, which includes 32 "out of range" pieces which have the characteristics of Test Eagles. So that is the pool we are drawing from. The production ratio of commercial to test American Eagles is somewhat over 10 to 1. If we assume roughly the same survival rate for commercials, that would give nearly 3000 pieces to choose from. Granted this is really blue sky estimating, but I would strongly contend that given a commercial AE and Test AE in identical condition the Test piece should command a significant premium over the commercial. Particularly at the over 90% condition levels, I will go out on a limb and say that 25% to 30% more should not be out of the question. That's my zwei pfennigs. <img src="graemlins/soapbox.gif" border="0" alt="[soapbox]" />