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 Replies: 22 / Views: 4,635 |
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Pillar of the Community
 United States
5828 Posts |
... Because, whats a greysheet again?
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Pillar of the Community
United States
1704 Posts |
Original free circulated and mint state Liberty Seated coinage of all denominations. Most of what is being offered now at the various auction companies are over graded, dipped, cleaned in non details holders, or have other problems. |
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Moderator
 United States
190135 Posts |
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Pillar of the Community
 United States
3486 Posts |
Hmm, this question has provoked a bit of debate. But it confirms
my suspicion that specialists know a LOT more than the people who make price guides.
And that is based upon knowledge gained from collecting and studying and selling a given series.
Knowledge is Key to Collecting Success - Just WHERE did I see that?
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Pillar of the Community
United States
3486 Posts |
" a superb AU coin with a full strike than an MS66RD with an ordinary strike "
That describes my collecting criteria exactly, jmkendall.
And that is why I throw out price guides.
Not often, and I do not buy often.
The coins are just not available.
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Moderator
United States
23522 Posts |
Quote:
Perhaps years ago when collectors either weren't savvy enough to know about the Sheet or thought they couldn't get one, then this may have been a bit more true. Today, the savvy collector uses the Sheet as a bargaining tool and the dealers are keenly aware of it and it's party of the coin dealing game on bourse floors everywhere.
Nothing unfair about that or anything you said. But it was created as a wholesale list, is still published as a wholesale list, and since everybody has the numbers and is throwing them at each other as no more than a bargaining tool.... ....it's useless. |
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Pillar of the Community
United States
1704 Posts |
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Moderator
United States
190135 Posts |
Quote:
....it's useless. Basically validating the topic.  |
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Moderator
United States
23522 Posts |
Quote:
Basically validating the topic.
My plot is exposed. |
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Moderator
United States
190135 Posts |
Sorry. Or am I?  |
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Pillar of the Community
United States
1590 Posts |
I don't think it's useless. I mean it DOES give a "floor" or basis with which to bargin. And it offers a good counter argument when you are out hunting and someone has used the RedBook as their pricing source. As a dealer I would LOVE to get RedBook prices. So no, it does have it's uses. |
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Pillar of the Community
United States
7390 Posts |
I think it's a relic of the pre Internet days. Now that we have a billion auction results with the swipe of our phones it's yesterday's news. Kinda like using a phone book to find a phone number
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Moderator
United States
190135 Posts |
The phone book is a very good analogy.
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Moderator
United States
16681 Posts |
Real auction results are the closest thing to a coins FMV.
I use the Greysheet but I don't swear by it. If I were to sell coins based solely on it, I'd be broke.
Again, quality and eye appeal aren't in the Greysheet.
Colonials? Whole different animal/market.
If it's a coin I really want, I've overpayed. Who hasn't?
swcoin.ecrater.com
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Moderator
United States
190135 Posts |
Quote:
Again, quality and eye appeal aren't in the Greysheet. A very good point. When I overpay, I am paying for eye appeal. Quote:
If it's a coin I really want, I've overpayed. Who hasn't? Guilty. See above comment.  |
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Replies: 22 / Views: 4,635 |
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Posted 04/07/2015 6:18 pm
