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 Replies: 12 / Views: 3,079 |
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New Member
United States
16 Posts |
People always talk about the Greysheet so I got a copy but outside of a few people at coin shows where can I find coins at these prices? Everyone on ebay seems to be way overpriced, same with Collector's Corner. Also, where can I get cheaper Lincoln cents and Mercury dimes for a reasonable price? |
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Pillar of the Community
United States
4211 Posts |
 Patrick. The graysheets are mainly used by dealers. It is difficult to purchase at these prices buying retail but deals are out there. It takes a lot of time and hard work to find the bargains. Sellers do need to make a profit on what they sell. |
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Valued Member
United States
219 Posts |
I find that Greysheet prices are more of a measure of what a dealer would pay you for a coin, and I don't think you would find coins for greysheet prices unless it was a dealer-dealer trade.
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New Member
 United States
16 Posts |
The Greysheet says the prices are bid and the "ask" price is 10% more. So I guess I'm looking for the 10% more. Also I'm looking for a place that sells a lot of lower priced coins, like VF/XF wheats or Mercury dimes from later dates. |
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Pillar of the Community
United States
4211 Posts |
Again, dealers need to make a profit on what they sell.
10% doesn't pay the bills.
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CCF Advertiser
United States
1533 Posts |
If you want to buy below bid, you need to either buy at auction or in bulk. At a recent show I saw a deal on a roll of 1944 walkers, nice choice to gem. Anybody could have bought that at triple roll bid and sent them all in to PCGS and be in them at less than bid. If you want to buy just 1, you should expect to pay bid to bid +10%.
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Pillar of the Community
United States
2589 Posts |
Greysheet are in effect wholesale prices for dealer to dealer transactions.
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Pillar of the Community
United States
3210 Posts |
My buddy gets them monthly, he sometimes makes me copies of all of the at his office, this way I have up to date trends without spending money. He is also like a business partner as we go in on coin buys, so having updated info is beneficial to both of us.
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Pillar of the Community
United States
3843 Posts |
You could advertise that you purchase collections through Craigslist, Facebook Groups, and other local venues. May need to have a reseller's license and vendor's # depending on your municipality. You would be well on your way to becoming a vest pocket coin dealer and be able to acquire coins for wholesale prices.
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Bedrock of the Community
United States
20753 Posts |
I've been collecting coins for well over 60 years. So far I've never found better prices than at a coin show.
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Pillar of the Community
Norway
1358 Posts |
for Lincoln cents at a reasonable price: check your pockets for change. For Mercury dimes... if you visit Europe, then go to a coin dealer and look in the junk silver bins. You can probably get them at melt value or just a little above. I'm not saying anything about quality of the coins here (not asked either...) |
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Pillar of the Community
United States
2589 Posts |
The key to getting lower prices on coins is to buy in regularlly in bulk from the same dealers. If you drop ten thousand dollars on your local brick and mortar coin shop's counter and tell them your looking to buy wholesale, you'll get deals alright.
Edited by XavierOfGreen
02/21/2017 1:05 pm
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Pillar of the Community
United States
819 Posts |
I sell a lot of my coins at gray sheet. I dont make a lot but
not looking to. I would rather make a little and help someone out.
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Replies: 12 / Views: 3,079 |
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Posted 02/19/2017 9:55 pm
