Greysheet - Coin Community Forum

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Author	Replies: 3 / Views: 1,000
Jon K Pillar of the Community United States 723 Posts	Posted 03/02/2011 10:15 am Before I pony up the bux for the greysheet . . . . . does anyone know (and are willing to share) how these figure are calculated? Of course, everyone has access to the numismedia figures, or NGC (same thing?) or PCGS figures, etc. Is Greysheet calculated off of those figures? 60 pecent? 50 percent? Just trying to understand . . . . Report this Post to the Staff

just carl Bedrock of the Community United States 20753 Posts	Posted 03/02/2011 10:26 am Actually a really great question. I wonder if anyone REALLY knows the answer though. Same with all the price guides. PCGS, Red Book, Numismedia, etc. There are many price guides out there and I too wonder where they all come from. Possibly just one person sitting in his basement creating all those for everyone and making it all up as he goes. Report this Post to the Staff
spaceace Pillar of the Community United States 797 Posts	Posted 03/02/2011 10:38 am Not positive, but I am pretty sure greysheet uses info from many finished auctions and actual prices that are realized for these coins. They look at hundred/thousands of transactions that go on with dealer to dealer purchases and numerous auctions (live, online, etc) to come up with some guidelines and ballpark figures and then as justcarl alluded to, they probably sit in their rooms and pull some #'s from a hat to finalize the prices :) I think that is why Greysheets are the most widely accepted priceguide, because they look more at what is actually being paid for these coins in real transactions, not just what they are "worth". Report this Post to the Staff
Jon K Pillar of the Community United States 723 Posts	Posted 03/02/2011 12:04 pm Thank you guys for the replies. I like the visual of and old guy in a basement pulling numbers out of the blue . . . . . .but I hope it is more involved than that. :) Report this Post to the Staff
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