Not quite true, the multiplier is exactly what you've stated it is for each coin. The truth is that there doesn't have to be the same multiplier between different types of coins but each coin does have a multiplier if people are willing to play more than face and a buyer can use that multiplier range to arrive at a fair bid/ask price.
E.g., you list the multiplier for the silver singles at 2-4x and the brass singles at 1-2x...two different types of coins, different mintages, etc. It's fair that these multipliers would be different. And in this example the silvers have an active mintage of 1292 and the brass range in the 5000-6000 range.
To MY example, a better test is if the multiplier between two coins with the same active mintage differs greatly - Sliver tenths and Silver halves (2013 series 3) have nearly the same mintage, yet I bet the tenths have a significantly higher multiplier across most sales. Just doesn't make sense to me...it's an inefficiency in the marketplace.
Why do these tenths always go for significantly higher multiple than the halves or full coins?
It's never made sense to me. A silver half will go for 0.95 yet this tenth is already up to .3.
Beautiful coins. The market is always hot but so hard to predict.
What minerjones said is definitely true. But I think it's also important to note that with funded cryptocoins, there is no such thing as a face value multiplier to get to the market value. Cas silver singles ranged between 2-4x while brass singles range between 1-2x. So rather just think of it as supply and demand for the current value
EDIT: I just realized another reason why the run-up is higher with the tenths, particularly with auctions...it could be driven by the minimum incremental bid. The increment for a whol coin is usually
BTC0.1, whereas this auction is at
BTC0.05...50% of the minimum increment for a whole coin, yet the coin for this auction is a tenth of the face value! To get a fair bidding situation we'd need the minimum incremental bid for the tenth to be at
BTC0.01.
