Confused

I don't know if this will help you or not but take a look and let me know what you think.
John1
http://www.numismedia.com/fmv/fmv.shtml

All coin shows are nothing but a flea market for coins. This means more than the usual prices that are just what someone says they are, they are usually more negotiable. If you don't like the price, walk away. You were spotted as an amateur or the dealer is just out for blood.
I go to 2 to 4 coin shows a month, every month, all year long. I've gotten to know many, many dealers well. Almost all of them work on a flea market system. They know you are going to try to chew them down so they raise the prices accordingly. Most dealers at coin shows jack up the prices from 10% to 20% or even more. Many will great you right from the start with ignor my prices, I'll let you have that for 10% less. And the reasons are things like "you look like a nice guy so", or "I'm trying to unload a lot of my inventory so", or many other reasons why YOU are getting this bargain. If hesitant, many will say, OK I'll go down as much as xx. And regardless of the grey sheet or other price guides, a dealer can ask whatever they want.
I make it a rule if I ask what is the bottom price and the dealer pulls out a price guide, I walk away. Remember they may have had that coin for months, years even and are now trying to unload it for a fat profit.
If you did ask what is the bottom price and he didn't go down, walk away. There are many, many more coin shows and many, many more dealers. Just remember that your at a coin show flea market and there are no manufacturers list prices stamped on coins. The price is what your willing to pay.
As to the grey sheet. If you go to enough coin shows, make sure you talk to dealers as much as possible. If they get to know you and you ask for an older copy, chances are you may get one. That is how I get all my coin Albums free.
If you live in an area where items that broadcast your monitary interest may stick out of a mail box, your much better off not receiving coin books, magazines, etc in the mail.
Always better to be safe than sorry.

Hello,

I too like the link. The prices are different though. Are those closer to dealer prices?

Thanks,
Rich

I use a combination of the greysheet and numismedia. I buy and sell coins so what I do is try to find a medium price between the two. I find that this works well for me. While walking the bourse, I generally have the greysheet on me exclusively.

you can work on percentages if you want to but don't be surprised if you walk away more than purchase.

the very best method for developing prices is real time auctions , teletrade,heritage and ebay , pick the coin you want to buy find it on the auction sites and watch a few of them sell average the prices.

this gives you a real time market value,now if you want to set boundaries for yourself with a percentage under those prices then thats up to you.

if its a coin I want bad I have paid 20 or 30 percent above the averageto obtain it,thats just the nature of a hobby .