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The value of a 1852 Scheide Münze Pfennig can vary significantly based on its condition, rarity, and demand among collectors. Generally, these coins can range from a few dollars to over $100. To get an accurate estimate, it's best to consult a numismatic expert or check recent sales on auction platforms.

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1w ago

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The fact that the studebaker and the edsel cars went out of production indicates?

people didnt buy enough of them for many different reasons. Studebaker (1852-1966): In 1952 Studebaker celebrated 100 years in the transportation business, having started as a wagon shop in 1852. That fall they unveiled the radical new coupe and hardtop planned for '53, and orders poured in. But they goofed setting up the new tooling. The fenders wouldn't mate to the bodies coming down the line! It took until January '53 to fix the problems and by then, most of the orders were canceled. Then Ford started slashing their prices, trying to outsell Chevrolet. Of course Chevy slashed their prices in response, trying to hold on to #1. Studebaker, along with the rest of America's 'Independent' car makers, was fighting to survive. Studebaker started to diversify, buying up small, profitable companies in other fields. STP, Paxton Products, Gravely Tractor, Clarke Floor Machine and others started to revive the company. Meanwhile, in 1959 the Lark compact cars made money for the car division, but not for long. Ford, Chevy and Chrysler soon had compacts of their own. One last attempt was made to save the auto division, developing the performance potential of the rugged Studebaker V8. A new sporty car with a fiberglass body was introduced. The Avanti set speed records for production cars at Bonneville Salt Flats, but it wasn't enough. December of '63 marked the closing of Studebaker's South Bend, Indiana plant. They had a plant in Canada, but March of '66 that too was closed. Edsel (1958-1960): Ford Motor Company wanted a car to act as a 'stepping stone' between Mercury and Lincoln. They did extensive market research to perfect their ideas, and named the car to honor the son of founder Henry Ford, the late Edsel Ford. The car was introduced in the fall of 1957, at the start of a recession. On top of that, the cars wound up being priced in the same range as Mercury, competing with the brand it was meant to compliment. Styling was controversial, the grill being compared to a horse collar, among other things. Bad timing, lack of brand loyalty, and unusual styling were among the reasons the Edsel division closed.


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