A friend called me last night to say that him and his father were going through the father's small collection (he hasn't collected for over 25 years) and came across an 1873-CC Seated Lib. dime! Can someone provide me with the Greysheet ask prices for the '73-CC for both PCGS and NGC in G-4 or VG-8 condition, maybe F-12 as well? This coin is raw and certainly needs to be authenticated and graded if they are going to want to sell it. Funny thing is, his dad wasn't sure how he acquired it in the first place, ha. Ridiculous.
Here's Greysheet for RAW 1873-CC dimes (I don't have the one for slabbed coins.) G - $600 VG - $1750 F - $3200
Thanks for that much, at least. A quick glance through the Heratige files for previous sales of this coin in these lower grades revealed MUCH higher prices. Even an AG PCGS brought $1400, I recall. Most of the VG's - as long as the toning was not ugly - brought in around $4000. This is why I think this coin ought to be slabbed, though I dislike TPG coins myself.
Her are some recent Heritage sales. Considering that most of the ANACS have been cleaned/damaged, I think that the Greysheet is a little low. If you are looking to get rid of it, I will send you a SASE for you to put it in. Auction 450, Lot 531 Tuesday, April 10, 2007 10 ANACS $3,220.00 Auction 432, Lot 467 Saturday, March 17, 2007 12 ANACS $3,450.00 Auction 432, Lot 466 Saturday, March 17, 2007 8 PCGS $4,887.50 Auction 26114, Lot 13213 Tuesday, November 28, 2006 8 PCGS $4,168.75 Auction 428, Lot 717 Thursday, October 26, 2006 12 ANACS $2,760.00 Auction 414, Lot 879 Monday, August 14, 2006 15 PCGS $5,462.50 Auction 407, Lot 620 Saturday, July 8, 2006 30 NGC $8,625.00 Auction 407, Lot 619 Saturday, July 8, 2006 25 ANACS $5,462.50 Auction 407, Lot 618 Saturday, July 8, 2006 3 ANACS $1,265.00 Auction 390, Lot 21064 Saturday, January 28, 2006 10 NGC $5,175.00 Auction 394, Lot 1740 Saturday, January 7, 2006 8 PCGS $4,312.50
You need to compare apples to apples. Those auction lots represent what the bids were for the plastic slab that the coin was in. The Greysheet is the bid/ask for the coin.
I thought that slabbed coins were what the Greysheet dealt with? What's the point then of sight-unseen ask prices when it comes to raw coins? That's a scary commitment, esp. since grading is so subjective when it comes to individuals. If you always generally trust certain TPG's (out of the main four), then you are comfortable with setting a price for any coin assuming such-and-such company graded it because you trust their standards and don't really need to see the coin based on that trust. Granted, you should always buy the coin and not the holder, but that's not always possible, and that's not exactly the point of the Greysheet, eitehr. The Heritage site is nice to give a general idea, but I just wanted to see through the Greysheet the pricing differences between ICG, PCGS, NGC, and ANACS. I haven't seen the coin, and don't really know what approximate grade it is or whether it's been cleaned and only worth sending to ANACS, but that's why I feel it should be slabbed - so that it's worth more than just some raw coin - even if I don't personally like slabbed coins. But like I said, this is all in the interest of a friend, though I would send it off to be graded if only to turn it around quickly should I want to sell it.
No, the Grey Sheet is for sight-seen coins. It is the Blue Sheet that is for sight-unseen. And there is absolutely no different listings in the Grey Sheet for slabbed or raw coins - there is 1 listing and it is for both slabbed and raw coins. There is also no different listing for coins slabbed by NGC, PCGS, ANACS & ICG. There is 1 listing period and it applies to all coins slabbed by any of them or raw. As for thinking the Grey Sheet is low, you must remember that it lists only wholesale prices. The Heritage realized auction prices are retail prices. Knock about 20% off the Heritage values and I'll bet your very close to the Grey Sheet bid.
They can disagree all they want. Having been a numismatist for close to 40 years, my opinion is as valid as theirs.
1) The Gray sheet is for raw coins. 2) Sight unseen are for slabbed coins, usually average for the grade, or low end. High end are or should be sold as 'sight see' (if there is such an expression). 3) Sight unseen for raw coins? No such thing, that I have ever heard of.
I don't have the Greysheet in front of me right now, but I believe that in the description of the Greysheet that is given in the paper, I believe it says something to the effect of the Greysheet represents sight-seen wholesaler prices for accurately graded coins (whether these are slabbed or raw). Corrected... That is what I meant to write. It is! It is!
Frank - It says right in the Grey Sheet, verbatim - " The weekly COIN DEALER newsletter (the Grey Sheet) reports the national Dealer-to-Dealer wholesale coin market, monitoring all possible transactions and offers to buy and sell coins sight-seen. The coins may be certified or "raw" (uncertified), but the grading Must Adhere to the current leading standard." That statement is on the front page of every copy and on the inside page of every quarterly supplement of the Grey Sheet. And as I previously said, the Blue Sheet is for slabbed coins only and the prices listed are for coins sight-unseen.
No. It says that the Greysheet represents sight-seen wholesale prices for accurately graded US Coin - Certified or Raw. To the original poster, authentication will be important for this coin, as there are a fair number of counterfeit 1873-CC and 1874-CC Seated Dimes.
I'm not saying that your opinion isn't valid at all. But we are not talking about opinions, we are talking about facts. And since the Grey Sheet lists prices for coins both slabbed and raw - that's why the dealers would disagree with you. Yes, they would agree that the price is for the coin. But to them it doesn't matter if the coin is in a slab or not - the price lsited in the Grey Sheet would be and is the same.
