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<p>[QUOTE=&quot;NorthKorea, post: 2248882, member: 29643&quot;]20% back of bid doesn&#039;t seem totally unreasonable.</p><p><br /></p><p>Greysheet prices are based upon dealer-to-dealer transactions. Let&#039;s say the coin is a generally slow moving piece that has a bid at $100 and ask at $105.</p><p><br /></p><p>If the coin is a slow mover, it&#039;s entirely possible that the $100 bid is an aberration, with the next bid being $88. Without having a spread listing, it&#039;d be tough to determine this being the case or not.</p><p><br /></p><p>Anyway, the dealer would need to also pay to have the item shipped/insured, which might add another $5-$10 to their cost of selling.</p><p><br /></p><p>So, if it&#039;s a $100 coin, that&#039;s really a $88 coin, offering $80 might even be a bit high, but the LCS owner recognizes that he can take a marginal loss in an effort to build a relationship or maintain an existing one with the local customer base. Just my thoughts.[/QUOTE]</p><p><br /></p>

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