I haven't looked at a copy of Bluesheet in a while. What intrigued me was a comment in the current Greysheet that they now list "plus" grades, etc., and CAC prices. So I downloaded a copy of Bluesheet last night, which lags by a day or two so I got last week's copy. I saw no CAC or plus grades listed. What is striking with Bluesheet is the various codes "w" "m" and so forth that are meant to indicate active or old trades by on the CCE. Can someone who regularly gets Bluesheet help me understand how useful it is and how it is useful to you? Thanks.
I buy the CDN update packs for around $14 4 times a year once a quarter. I find that with the exception of silver and gold the prices don't change all that much and even with silver and gold you can make them work with a bit of math. As far as I know they have never given CAC, plus or star prices. It is more intended for sight unseen bid/ask prices as you will notice prices can be around 10-25% less than greysheet. I know many who blue sheet pricing to make buy offers for properly graded raw coins instead of paying grey prices. The biggest advantage the blue has over the grey is they give PL and DMPL morgan prices and prices for grades in the over MS/PR 65 range for lots of series. As for my personal use, I use it to buy on ebay and other internet sites. Just because they have a pic regardless of raw or graded that doesn't mean it's properly represented and I treat all internet transactions as sight unseen and base my offers on the blue sheet prices not grey sheet. Also use it for 66 and higher grade coins to make sure the price is within bid/ask range and not a high, shoot the moon number. Hope this answers your questions.
Thanks for the feedback. I actually called Greysheet yesterday regarding their comments that CAC and plus pricing is now being included in the Bluesheet. After holding for five minutes the lady told me it will be mid-April, or about the time the quarterly I is released. So it was misleading to say that this pricing is "now" available. A side note on Greysheet, I always find it remarkable that some long term dealers don't even know how to use it. You ask a price on a generic $20 coin, they look up in the Quarterly III instead of the weekly generic prices.
April is good to know I think that's something that overdue as I've seen people go overboard with premium just for that CAC sticker especially on rarer date morgans. Worse than using quarterly3 to me is a dealer who uses price guides like coins or coin prices mags and averages the grey and publications to get a price. I understand that not all grades and some modern series aren't in the greysheet but if it is use it don't cost average the two just to make a buck or two more.
I believe they do that to get a coin specific value instead of just the generic value. Sometimes it makes a bit of a difference.
It may be true if it is really a better date. On $20 Liberties, there is no real premium for many slightly better dates until you get to MS64 or above, of course if it is a PQ coin, CAC'd, etc., it will make a difference. Here are some dates that show for more in 64-65 over the common 1904: 1901, 1907, pre-1900 common dates including "s" mints. If you called Heritage, Rarcoa, or Spectrum they will not pay more unless auction records support the greater price. CW Trends is useful for checking to see if there is a big price jump in the next grade or even vs. Greysheet. It may indicate an anomaly.
