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<p>[QUOTE=&quot;Burton Strauss III, post: 2163891, member: 59677&quot;]Sure, because CoinWorld shows high RETAIL prices, he uses that to justify his prices.</p><p><br /></p><p>Greysheet shows dealer-to-dealer (wholesale) prices - both bid and ask.</p><p><br /></p><p>Theoretically, Greysheet bid is what the buying dealer offers and ask is what the selling dealer asks for and the real transaction is in the middle based on the coin.</p><p><br /></p><p>Practically, since any schmoe like me can by the occasional copy for 13$, what happens is this:</p><p><br /></p><p>(especially at coin shows) Greysheet bid has become the go to #, with up/down adjustments for spectacularly good or bad coins.</p><p><br /></p><p>So you&#039;ll hear dealers talking about 10% back of [Greysheet] bid. Meaning they will buy it from another dealer for 10% less than Greysheet bid and sell it to you over the table at bid (see what a deal you are getting, ask is $220, for you $195).</p><p><br /></p><p>And if it gets to the store, they will price it at ask or a little more.[/QUOTE]</p><p><br /></p>

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