Greetings, I am looking at the GS Monthly Supp. which provides Bid prices for Lincoln Cents. Under the VF column it only provides one price. VF has four grades; 20, 25, 30 and 35. Does the GS value represent an average of all four grades or does it represent the highest or lowest grade or something else? A possible concern is if a dealer offers me Bid for a VF-35 that I wish to sell, I would be shortchanged? Conversely,perhaps I could be ahead if a dealer offered Bid for a VF-20? Thanks
When I used the Greysheet as a pricing guideline, I always assumed that such prices were an average because there is probably a wide spread of prices reported by dealers. That's just my opinion. Chris
If they don't have an explanation in the small print, it may be good to ask them. I know for AU condition it is based on AU50 (I think that one is stated - it was with the previous owners) I think the value of the GS has gone down quite a bit, but the price went the other way.
Assume VF Greysheet Bid is for VF20. This is in keeping with the pricing structure before the advent of between grades (G6, VG10, F15, VF25, VF30, VF35, XF45, AU53, Au55, AU58).
The owner - @John Feigenbaum - is a member of the forum. So hopefully he will see this and you can get answers straight from the horse's mouth as it were
Hi @NIBBS , Thanks for the question. The grade of VF represents VF20. We have been expanding many of our pricing columns to cover split grades like VF30, XF45, etc and we will get back to Lincolns on these as well in the near future. You can see all the price columns online at www.coinprices.com because we can't get many of them to fit on our printed sheets.
