Speaking Of Grey Sheets... - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 3 / Views: 1,267
zakgold Valued Member United States 382 Posts	Posted 03/05/2006 08:28 am Could somebody give me their opinions on what these "indicator numbers" really mean? http://www.greysheet.com/cdn/cdnccmi.asp I mean, for the love of Pete, ICG has topped the list for about 95% of the time. I do respect ICG (especially in circulated grades and grades BELOW MS68), but they always are at the top of this ranking. Why is that? and, What to these rankings REALLY mean? Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 03/05/2006 10:45 am Since these numbers are comparisons to Greysheet Bid levels, the most important question in my mind is, where does Greysheet come up with their Bid levels? I mean, are the CDN people actually sampling a sufficient percentage of the market to come up with realistic pricing for each coin in each grade, every month? One coin each in two grades, each in ten issues does not constitute an accurate sample to me. If the chosen coins happen to be an MS64 and an MS65, the resulting bid from a knowledgeable dealer will certainly not reflect what he'd bid on an MS64 and an MS65. You get what I mean, or am I being typically obtuse? Report this Post to the Staff
dgoose50 Valued Member United States 79 Posts	Posted 03/05/2006 5:58 pm Super dave,I must be obtuse because I dont get IT.It would seem to me that these figures are based on totally random samplings of an extremely small amount of coins.How then can these figures carry any weight? Pleease explain.Any one else out there that doesn't get it,and those who do pleassse help me out. Report this Post to the Staff
OldDan Pillar of the Community United States 1203 Posts	Posted 03/05/2006 7:02 pm quote: Originally posted by zakgold Could somebody give me their opinions on what these "indicator numbers" really mean? What to these rankings REALLY mean? Mind you, I am only guessing but, it would appear that they are only indicators of 'trends' and the only problem with their rankings is the sample makes it impossible to grade to hundredths of a percent with any kind of accuracy. That would be rediculus with this small of a population count. So I guess what they are are very loose trends, and that is all! Report this Post to the Staff
	Replies: 3 / Views: 1,267

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.22 seconds to rattle this change.