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<p>[QUOTE=&quot;National dealer, post: 3747, member: 487&quot;]The Red Book is published once a year with retail values that were compiled throughout that previous year. It is used more as a reference guide than an actual price guide. The information contained is a fabulous source for mintages and designers and that sort of thing. The Greysheet on the other hand is a wholesale price guide designed specifically for dealers. It gives us a base line to offer on coins and sets. (buying and selling) Being published once a week, with additional monthly supplements, it is the most up to date guide. Using the 1958 proof set per your example, current trends put the retail value at $60 to $85. The current greysheet bid is still $62 and $68. This tells me as a dealer that if offered this particular set, I should offer $62 to buy the set. (Taking into consideration my inventory). I would then offer the set for sale at $75. This is a standard of about 20%. A break down of the greysheet is listed at the bottom of front page, and above each following column in the newsletter. You should expect to pay 10 to 15 percent above any ask price listed in the greysheet.[/QUOTE]</p><p><br /></p>

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