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# In 1980, a Danish ten- re coin minted in 1747 was sold at

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VP
Joined: 17 Feb 2010
Posts: 1471

Kudos [?]: 794 [0], given: 6

In 1980, a Danish ten- re coin minted in 1747 was sold at [#permalink]

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10 Mar 2010, 07:38
00:00

Difficulty:

(N/A)

Question Stats:

73% (00:59) correct 27% (00:54) wrong based on 29 sessions

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In 1980, a Danish ten-øre coin minted in 1747 was sold at auction for \$8,000. Eleanor Bixby owns another Danish ten-øre coin minted in 1747. When she puts it on the market next week, it will fetch a price over \$18,000.

Which of the following, if true, would most weaken the conclusion drawn above?

(A) Since 1980, the average price for rare coins has increased by over 150 percent.
(B) There are only four coins like the one in question in the entire world.
(C) Since 1980, the consumer price index has risen by over 150 percent.
(D) In 1986, a previously unknown cache of one hundred coins just like the one in question was found.
(E) Thirty prominent, wealthy coin collectors are expected to bid for Bixby’s coin.

Kudos [?]: 794 [0], given: 6

Manager
Joined: 29 Oct 2009
Posts: 196

Kudos [?]: 111 [0], given: 12

Concentration: General Management, Sustainability
WE: Consulting (Computer Software)
Re: CR - Danish ten-øre coin [#permalink]

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10 Mar 2010, 10:34
(A) Since 1980, the average price for rare coins has increased by over 150 percent.
>> This will strengthen the argument that says the price will be more now.
(B) There are only four coins like the one in question in the entire world.
>> Supports. If there are only 4 then for sure this coin will bid for more price.
(C) Since 1980, the consumer price index has risen by over 150 percent.
>> Supports. Because the consumer price is incresed, the coin value also increases.
(D) In 1986, a previously unknown cache of one hundred coins just like the one in question was found.
>>Weakens the argument. If there are hundred more coins just like this, this might not be the rare coin and so the bid can not be so high.
(E) Thirty prominent, wealthy coin collectors are expected to bid for Bixby’s coin.
>> Supports. If a wealthy coin collector bids for this coin, can bid more.

Kudos [?]: 111 [0], given: 12

Senior Manager
Status: Yeah well whatever.
Joined: 18 Sep 2009
Posts: 341

Kudos [?]: 80 [0], given: 17

Location: United States
GMAT 1: 660 Q42 V39
GMAT 2: 730 Q48 V42
GPA: 3.49
WE: Analyst (Insurance)
Re: CR - Danish ten-øre coin [#permalink]

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10 Mar 2010, 12:39
Yeah gotta be D
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Kudos [?]: 80 [0], given: 17

Manager
Joined: 17 Jan 2010
Posts: 147

Kudos [?]: 89 [0], given: 11

Concentration: General Management, Strategy
GPA: 3.78
WE: Engineering (Manufacturing)
Re: CR - Danish ten-øre coin [#permalink]

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11 Mar 2010, 07:10
clearly D

Kudos [?]: 89 [0], given: 11

Intern
Joined: 13 Feb 2011
Posts: 5

Kudos [?]: [0], given: 0

Re: CR - Danish ten-øre coin [#permalink]

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12 Mar 2011, 11:40
Still option D is inconclusive . the para never says that the coin is a rare one. it is however the LEAST BAD answer
the question is a bad one

Kudos [?]: [0], given: 0

Manager
Joined: 10 Nov 2010
Posts: 157

Kudos [?]: 336 [0], given: 6

Re: CR - Danish ten-øre coin [#permalink]

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12 Mar 2011, 11:59
I am with you rochak on this one. Similar thoughts on the rareness of the coin.

Kudos [?]: 336 [0], given: 6

GMAT Tutor
Joined: 24 Jun 2008
Posts: 1344

Kudos [?]: 2010 [0], given: 6

Re: CR - Danish ten-øre coin [#permalink]

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12 Mar 2011, 17:21
This is one of those poorly designed CR questions that ask you to weaken a 'conclusion' which isn't a conclusion at all: there's no argument in the passage, and there is thus no logical basis for the statement "it will fetch a price over \$18,000." in the first place. While I agree that D is the only reasonable answer here, it's a bad question. Where is it from?
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Kudos [?]: 2010 [0], given: 6

Re: CR - Danish ten-øre coin   [#permalink] 12 Mar 2011, 17:21
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# In 1980, a Danish ten- re coin minted in 1747 was sold at

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