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<p>[QUOTE="GDJMSP, post: 5352682, member: 112"]Well, first ya gotta be aware of and then understand the history behind it all. Ya see, for over 50 years the prices reported in the Grey Sheet were all based on 1 thing, the current and actual high Bid and low Ask on the electronic dealer market. Those are real world prices, they were and still are what sets the market for the vast majority of coins. </p><p><br /></p><p>But, you also have to be aware and understand that even when 2, or more, coins are graded the same, and by the same TPG, as well as those graded by different TPGs - the coins are not equal. One, or more, could easily be worth more, sometimes as much as a 100% more, than any of the others. But the Grey Sheet, it would only list 1 price !</p><p><br /></p><p><br /></p><p><br /></p><p>Two things - experience and knowledge. </p><p><br /></p><p>Now in today's world, and for the past several years, the Grey Sheet no longer does things the way they did for 50 plus years. Nowadays, they're pretty much like any other price guide. The prices they report are based on opinion, not hard numbers. And to someone without knowledge and experience that can be very misleading - like all other price guides are.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 5352682, member: 112"]Well, first ya gotta be aware of and then understand the history behind it all. Ya see, for over 50 years the prices reported in the Grey Sheet were all based on 1 thing, the current and actual high Bid and low Ask on the electronic dealer market. Those are real world prices, they were and still are what sets the market for the vast majority of coins. But, you also have to be aware and understand that even when 2, or more, coins are graded the same, and by the same TPG, as well as those graded by different TPGs - the coins are not equal. One, or more, could easily be worth more, sometimes as much as a 100% more, than any of the others. But the Grey Sheet, it would only list 1 price ! Two things - experience and knowledge. Now in today's world, and for the past several years, the Grey Sheet no longer does things the way they did for 50 plus years. Nowadays, they're pretty much like any other price guide. The prices they report are based on opinion, not hard numbers. And to someone without knowledge and experience that can be very misleading - like all other price guides are.[/QUOTE]
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