Greysheet Bid Vs Ask Pricing. - Coin Community Forum

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Author	Replies: 4 / Views: 790
Dowhat Pillar of the Community United States 876 Posts	Posted 08/11/2024 06:02 am It is my understanding that Greysheet sheet pricing represents typical dealer/wholesaler offer pricing. Assuming these offer prices are relatively accurate, what is the typical markup to reach a fair retail value to a potential buyer, if there is such thing as typical. Report this Post to the Staff

hfjacinto Pillar of the Community United States 7273 Posts	Posted 08/11/2024 08:40 am It all depends on the coin and how many the dealer has in stock. For example a common date Morgan may get way below greysheet if the dealer has a lot in stock and he may charge under grey sheet. A proof bison nickel may get above greysheet if the dealer has a buyer. I've paid below, at and above greysheet depending on the coin. Most items a dealer needs to make 20% to break even so retail may 30-40% above dealer cost with space for negotiation, but it really depends on the coin. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Edited by hfjacinto 08/11/2024 11:32 am Report this Post to the Staff
Dearborn Moderator United States 94636 Posts	Posted 08/11/2024 09:08 am yep, hfj, said it quite well. Dealers will buy low, and sell high. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
arkadyn Valued Member United States 130 Posts	Posted 08/11/2024 11:06 am Dealers, especially the ones with retail locations, have to charge more to make money. Frankly, I don't understand how honest dealers do. Report this Post to the Staff
BadThad Bedrock of the Community United States 19930 Posts	Posted 08/11/2024 1:43 pm Quote: I've paid below, at and above greysheet depending on the coin. Most items a dealer needs to make 20% to break even so retail may 30-40% above dealer cost with space for negotiation, but it really depends on the coin. Yes, me too. Greysheet is just a general guide. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
	Replies: 4 / Views: 790

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