Surprisingly high value

I have noticed the value for this UNC coin continues to rise rapidly. Is that correct or is some calculation off?

It is probably because the silver price keeps rising. 

A rising metal price should not push up the numismatic value unless it overtakes it.

Disney cultists influencing influencers

It is worth over 120€ in bullion, surly collectors weren’t paying this price previously?

edit; and 440€ Numista value 😂 maybe one or two people are entering bogus numbers to push up the price.

I'm guessing that this can be more complicated. Could be implemented a kind of formula for silver and gold coins to have the value of the coin entered by user as a bulion value at the time + % over the spot… if I correctly remember in history we had a problem with entered value that was below the bullion price… now, with crazy prices of silver this bullion price plus 50-100% over spot shows extremly high values.

I see similar case for UK 20 pounds - 1/2oz silver coins sold by Royal Mint at the face value. Bullion value of this was about 10 pounds only, still a year ago. I purchased few of them 2-3 years ago on ebay for 17-22 pounds each, the market price at the time. In average this was bullion value (10 pounds) plus 100%. Now, Numista still shows me bullion (but now ~50£) +100% over spot.

Not sure 100% but it looks that this works like I descibed.

https://en.numista.com/catalogue/index.php?e=royaume-uni&r=&st=1-2-3-47&cat=y&im1=&im2=&ru=&ie=&ca=3&no=&v=20.0&cu=&a=&dg=&i=&b=&m=1&f=&t=&t2=&w=&mt=&u=&g=&c=&wi=&sw=

Yes, I'm right. Just found this topic with confirmation:

https://en.numista.com/forum/topic145285.html#p1155781

@Xavier seems that by fixing one problem, new one was created. Now, some bullion coins are with value far above their market value. I think should be a limit of % over spot… or maybe instead of % this should be an absolute difference sales vs bullion from sales registered day or the difference divided by bullion price difference in a time (in the example of UK 20£ coins it was about 10 pounds difference = 100% at the time, now 20% only).

MMowiec

Yes, I'm right. Just found this topic with confirmation:

https://en.numista.com/forum/topic145285.html#p1155781

 

@Xavier seems that by fixing one problem, new one was created. Now, some bullion coins are with value far above their market value. I think should be a limit of % over spot… or maybe instead of % this should be an absolute difference sales vs bullion from sales registered day or the difference divided by bullion price difference in a time (in the example of UK 20£ coins it was about 10 pounds difference = 100% at the time, now 20% only).

Thank you very much, that helps!

FYI @Eagle68 and @Goldxi65(referees for France coins), I'm also seeing this problem with France 2024 silver Olympic coins. Loving the values but not believing them.