Gray Sheet Question

Whenever something is sold there is the price that the seller wishes to attain which is the asking price and the price which the buyer wants to receive called the bid. The price of the coin (or stock, stamp, 500 ton lot of corn, ect) should generally be somewhere between the two.
If you ever buy or sell stocks, the quoted price is the median between the bid and the ask. Whenever the price moves from the median, the bid and the ask generally move accordingly as well.
-XoG

XoG,
thanks for the explanation.i thought it was like you explained but I wanted to be shure.

while we are on the subject : what is the difference between gray/blue/green sheets? how many different ones are they?

thanks again.i appreciate the help.
T J

grey= raw coins
blue= certified coins
green= currency

Don't worry about "dumb newbie questions". You can take it from me that no one here came to coin collecting already knowing everything. Also there are probably several more people on here who have been wondering the same thing but were afraid to ask who have now learned from your question.

Conder101 & jbuck,

thanks.i appreciate the advice.

i tend to do alot more reading than posting & I try to search first before I do ask questions.
the reason : I know people get tired of answering the same questions over and over.

everybody here has given me alot of help when I do ask questions and I really appreciate it.

thanks again,
T J