| Author |
 Replies: 10 / Views: 1,578 |
|
|
New Member
United States
25 Posts |
I bought the bluesheet, greysheet and the monthly supplement to help me at a convention I am going to next week. I haven't looked these over before and I am a bit confused. I collect Morgan dollars, usually certified. Looking at the bluesheet, since it has the certified stuff, I can find a price there. Say it is $88 for one of the coins I want. When I go to the greysheet, I see the same coin with a bid of $100 and an ask of $110. What is the price that the dealer be referencing when I ask him for his price? I thought the greysheet was for the raw coins and the bluesheet for the certified ones. If someone can explain this to me, I would really appreciate it. Thanks! |
|
|
|
Bedrock of the Community
13014 Posts |
The dealers sell off the ask price which is the higher one and most will buy at or under the bid price.
|
|
New Member
 United States
25 Posts |
What is confusing me is the difference in the price. Why is the greysheet for raw coins priced higher than the bluesheet for certified coins. Don't certified coins sell for more than raw?
|
|
Bedrock of the Community
13014 Posts |
They just have different prices in general as far as I know, most guides seem to be close but none of them are exactly the same. It also depends on how much theyre updated as well. But yes generally two coins all things being equal the graded one will sell for more on places like ebay, but a lot of dealers will price the raw coins off their own grading of it |
|
Pillar of the Community
United States
5854 Posts |
I think the greysheet prices assume the coin is accurately graded and has been viewed in person. I believe the bluesheet is for sight unseen certified coins which may or may not be accurately graded.
Edited by D0ubl3Eagle
05/04/2013 9:14 pm
|
|
Pillar of the Community
 United States
5953 Posts |
Blue sheet Sight unseen
Grey sheet look before you buy.
|
|
New Member
United States
25 Posts |
Thanks everyone! That makes a lot of sense.
|
|
New Member
South Africa
12 Posts |
I am looking to establish a graded coin dealership and although based in South Africa American coins do have a good market mainly through internet sales . Saying that my question is will the Blue sheet in particular help in getting accurate current prices ? Expert advice will help .
|
|
Valued Member
United States
477 Posts |
Where would one acquire these sheets?
Rick
|
|
New Member
United States
25 Posts |
|
|
Valued Member
United States
477 Posts |
|
| |
Replies: 10 / Views: 1,578 |
|
Posted 05/04/2013 6:02 pm
