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 Replies: 11 / Views: 1,993 |
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Valued Member
United States
63 Posts |
I am still green to collecting and been using my subscription to CoinWorld as my price comparisons. How do you get these grey sheets that I am seeing members talking about? |
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Pillar of the Community
United States
4897 Posts |
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Valued Member
 United States
63 Posts |
Thank you very much. What is the CDN thing they are talking about? Is it for Canadian coins?
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Pillar of the Community
United States
4897 Posts |
CDN=Coin Dealer Newsletter....colloquially the Greysheet
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Pillar of the Community
United States
4897 Posts |
BTW,  to CCF! |
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Valued Member
United States
63 Posts |
Thank you again, I appreciate your help and just made an order for 6mths MOPS to see if I like it and can understand it. Thank you also for the welcome, feels good to get all this extra knowledge from reading the different forums.
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Bedrock of the Community
United States
10982 Posts |
Completed auction listings are a more reliable indicator of current market value than Greysheet. Sign up for Heritage Auctions (free) and you can then see their "prices realized" for recent auctions and determine the approximate retail market value.
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Pillar of the Community
United States
4897 Posts |
 But Greysheet will give you an idea how much a dealer will give you for your items. As well as how much they should charge you for items. CDN is an invaluable tool for a collector...imo. With that said I also use Heritage and ebay completed auctions every day. |
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Pillar of the Community
United States
3486 Posts |
In small print on each issue there is a statement.
It essentially says that the prices reflect dealer-to-dealer
transactions. Compare it to stock quotes.
That is to say, to the bid/offer listings you must pay a broker
to buy or to sell.
As a customer you should expect to pay more and sell for less
that the Greysheet numbers.
Sometimes one sees the term "above Greysheet." This means either that the coin is "hot" or that the dealer
has to pay more to obtain coins needed to fulfill orders.
Edited by matthewvincent
08/24/2012 09:23 am
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Valued Member
United Arab Emirates
242 Posts |
To conclude guys, what do you recommend, Grey/Green Sheet or Auctions along with prices realized?
Cheers
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Bedrock of the Community
United States
36841 Posts |
If you are a collector Grey Sheet will only give you an idea of prices the dealers work with on transactions between themselves. Not sure it helps the collector unless they buy a lot and attend coin shows on a regular basis. You can work deals at shows based on the Grey Sheet. To get a more accurate retail price guide, check ebay's closed auctions or one of the online Coin Price Guides. Coins at your local brick a mortar coin shop will most likely be higher. |
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Bedrock of the Community
United States
20753 Posts |
Constantly remember that ALL GUIDES are exactly that, a GUIDE. There is no manufacturer's recommended list price on coins. Regardless of a Grey Sheet, ebay, Coin World, the PCGS forum, the Red Book, Numismedia and on and on with coin listings, they are all just GUIDES. You can think what you want about the price of a coin, but when it comes down to either buying or selling, a coin is worth what you can buy or sell it for. |
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Replies: 11 / Views: 1,993 |
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Posted 08/23/2012 11:11 pm
