Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Blue sheet bid vs. Greysheet bid
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 655817, member: 112"]It's because of something I have said more times than I can count. A slabbed coin is not worth 1 cent more than if the exact same coin were raw - to a knowledgable collector. This is because the Greysheet only list values, yes wholesale values, of coins that you can see, in hand, with your own eyes, and determine what it is worth.</p><p> </p><p><br /></p><p><br /></p><p>This is because the Bluesheet assumes values of a coin that you cannot see in hand to make your own determination on value or grade. This is because knowledgeable collectors and knowledgeable dealers ( I say this because not all dealers are knowledgeable), KNOW that the TPG's screw up and over-grade coins. They also know that the TPG's sometimes miss things, like putty, AT, tooling, or other alterations. Thus if you agree to buy it, you are taking a bigger chance by buying it sight unseen. So the sellers agree to take less for the coin because of the risk you are taking by buying the coin sight unseen.</p><p><br /></p><p>This is why, almost without exception, those who are experienced will always tell you to never buy a coin sight unseen. And remember - looking at a picture, is still sight unseen.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 655817, member: 112"]It's because of something I have said more times than I can count. A slabbed coin is not worth 1 cent more than if the exact same coin were raw - to a knowledgable collector. This is because the Greysheet only list values, yes wholesale values, of coins that you can see, in hand, with your own eyes, and determine what it is worth. This is because the Bluesheet assumes values of a coin that you cannot see in hand to make your own determination on value or grade. This is because knowledgeable collectors and knowledgeable dealers ( I say this because not all dealers are knowledgeable), KNOW that the TPG's screw up and over-grade coins. They also know that the TPG's sometimes miss things, like putty, AT, tooling, or other alterations. Thus if you agree to buy it, you are taking a bigger chance by buying it sight unseen. So the sellers agree to take less for the coin because of the risk you are taking by buying the coin sight unseen. This is why, almost without exception, those who are experienced will always tell you to never buy a coin sight unseen. And remember - looking at a picture, is still sight unseen.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Blue sheet bid vs. Greysheet bid
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...