Proof Set Prices - Coin Community Forum

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Author	Replies: 4 / Views: 1,191
snitchard Valued Member United States 420 Posts	Posted 05/18/2009 12:48 pm Hello, When purchasing Proof Sets from dealers (locally, online, or at coin shows) what price guide prices should I go off of the low or high? Also I do know Coin Values is high on modern coins (I usually take 30% off of what is listed) should I do the same for Proof Sets? Any advice? Thanks, Rich Rich M. - Collector since 2008 Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 05/18/2009 10:36 pm snitchard: This varies a lot depending on what years you are looking into. Greysheet has prices for proof sets that are a much better guide than Coin Values. If you do use Coin Values then go with the Low price and subtract from there. Most proof sets from the last 50 years or so should be reasonably priced (below Coin Values Low quotes). ANA #R3154474 Report this Post to the Staff
Prethen Pillar of the Community United States 3234 Posts	Posted 05/19/2009 2:41 pm Most dealers will pay no more than a 30% discount of Graysheet Bid for most modern Proof sets. So, you can keep that in mind when negotiating. Report this Post to the Staff
snitchard Valued Member United States 420 Posts	Posted 05/19/2009 2:49 pm Hello, As I mentioned in my previous post I use Coin Values price guide and take 30% off that price. I have seen a grey sheet but don't subscribe because Coin Values subscription price is more reasonable. What is the difference between bid and ask? Thanks, Rich Rich M. - Collector since 2008 Report this Post to the Staff
jbuck Moderator United States 189340 Posts	Posted 05/19/2009 3:11 pm 'Bid' is the recommended price for a buyer (dealer) to pay to a seller. 'Ask' is the recommended price for a seller (dealer) to accept from a buyer. Bid low, sell (ask) high. The difference between bid and ask is the profit. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Edited by jbuck 05/19/2009 3:12 pm Report this Post to the Staff
	Replies: 4 / Views: 1,191

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