I am still new to collecting and the stories behind medals are important to me. However, I do find it hard to decide if a price is reasonable. There is a Boer medal I am interested in. The individual was captured at Paardeberg (he was 60), along with his 13yo son. Both went to camps, although not sure which. In my research I found both survived and the son had children as well. The single medal for the father is at auction for a starting bid of $350. I think this is to much, although I have a personal connection to POWs. I apologize if this is not an appropriate place to ask, but would love to hear opinions on valuation.
Welcome to the forum; your question regarding valuation is a very difficult one to answer.
I can't speak on behalf of anyone else on this forum but at the end of the day the market will decide the value of the medal; if it's too high then it won't get a bid and won't sell.
For myself I try not to get emotionally attached before or during bidding; I don't have deep pockets and need to ensure that I don't break the budget.
My only caveat is if there is a friend or family connection; then I would be prepared to dig deep and pay (kak en betaal ).
Regarding the medal you are interested in; if it's $350 USD (hammer price) and he was a POW at Paardeberg and if I was at the auction then it would be a pass from me. If it's $350 AUD (hammer price) then it would be worth a bid.
A wise person once said "The opportunity of a lifetime comes around every 5 min's"; that's my attitude when it comes to collecting.
That's just my opinion.....and not of anyone else on this forum.