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Is it possible to put a value on a Blue max?

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    Is it possible to put a value on a Blue max?

    Hello all, an interesting question has come to me. As you can see, ive been asking alot of questions, but this one came to me, doing research. Is it possible to put a Price Value on a Blue Max? Also, further still, what would the valur be on one with oakleaves? Any help is appreciated, many thanks

    #2
    People put a value on a PLM every time one is sold. The value will depend on whether the recipient is known or not, accompanying documents/awards, and condition.

    People will pay much more for a PLM (just the value of the PLM and not the documents and other awards which have value of course) to a known recipient with the accompanying documents and awards than just the medal alone.

    Other value issues- marked or unmarked? Early or late? Godet vs Wagner/Freidlander? What branch of the service (a pilot or U-boat ace would command a higher price)? Rank of the recipient?

    A PLM (unmarked) and unattributed is for sale on emedals now for $22K. Herman Historica sold a PLM with oaks (apparently attributed, but with somewhat weak provenance) for 26,000 euros about six months ago (you would need to add the 20% commission on top of that).

    A "mundane" PLM, unmarked would go for about $20K. A worn, marked PLM to a known recipient would be $30K-$35K. Add oaks to that PLM with a known recipient and we are at $35K-$40K. Other factors noted above would drive the prices higher or lower.

    One can purchase "post war' PLMS for less. The most "sought after" would probably be the 925 marked Godets which are presumed to be immediately post war into the early 20s. They have the same design and componants, yet from that little difference of no Godet maker mark and a 925 instead of 938, the price is much lower. I find that odd, however, given that most Godets in WW1 were private purchase anyway. If it was not awarded, who cares if it was bought in 1917 or 1920?
    Last edited by blind pew; 08-23-2012, 08:03 AM.

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      #3
      ...

      Hi Guys !
      I just bought a beautiful book from S.T. Previtera ( really amazing in any meaning ) about PLM and .... made me already thinking today about its value.
      I was pretty sure they are expensive and can not afford it , but still was a hope for lower price ... I thought maybe around 15 K USD .
      Thanks - you killed my dream !

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        #4
        Originally posted by Kornel Royko View Post
        I thought maybe around 15 K USD . Thanks - you killed my dream !
        I'm still thinking the same for a WW1 era silver gilt award cross with no provenance. There is so much variety in order plm that the value question can never being answered witthout knowing the cross and its history - but yes, one can put values on them.

        Don't forget, the plm was instututed in 1740 and an older one - older than WW1 - easily fetches way more than the numbers given above.

        But I'm honestly not an expert on plms, and haven't owned one by now.
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          #5
          Originally posted by Kornel Royko View Post
          Hi Guys !
          I just bought a beautiful book from S.T. Previtera ( really amazing in any meaning ) about PLM and .... made me already thinking today about its value.
          I was pretty sure they are expensive and can not afford it , but still was a hope for lower price ... I thought maybe around 15 K USD .
          Thanks - you killed my dream !
          Never say never. Who knows- maybe you can find one for $15K. The prices I noted are just estimates based on sales over the last couple of years. Maybe the prices will go down, not up, in the future. I would think that finding a silver gilt cross with no provenace for $15K is unlikely, but certainly not out of the realm of the possible at all.

          I would not give up. Just be VERY careful, as there is probably a several thousand fold ratio of fake PLMs to the real thing.

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            #6
            $20k

            ...for one without enamel damage, but not mint. I'd be a fool if I sold for any less. Average: $25K

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              #7
              Originally posted by panzerguy View Post
              ...for one without enamel damage, but not mint. I'd be a fool if I sold for any less. Average: $25K
              Are you talking "938" and "FR" or "W" stamped without provenance?

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                #8
                Certainly

                Originally posted by blind pew View Post
                Are you talking "938" and "FR" or "W" stamped without provenance?
                Give me a "State issued" piece. Recipient unknown. Sell it for under $25k and I'll "regret it." just a personal value judgement opinion. Tough to find w/o enamel damage.

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                  #9
                  Originally posted by panzerguy View Post
                  Give me a "State issued" piece. Recipient unknown. Sell it for under $25k and I'll "regret it." just a personal value judgement opinion. Tough to find w/o enamel damage.
                  I actually prefer signs of wear. Enamel damage is a part of that wear. There are probably several worn PLMs with little or no enamel damage, but I would offer that the majority of worn PLMs DO HAVE enamel damage, particularly when the recipient stayed in the military. Those having little damage, in many cases, probably remained pristine due the using a private purchase Godet cross.

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