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<p>[QUOTE=&quot;ahearn, post: 987346, member: 18211&quot;]Coin price guides have always been a bit of a mystery to me. Where do Greysheet/Bluesheet ask/bid prices come from? How do RedBook and Bluebook determine values?</p><p>&nbsp;</p><p>CDN (&quot;greysheet&quot;) says on their web site, &quot;From the beginning (<i>1963</i>), as now, the <a href="http://www.greysheet.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com/" rel="nofollow">CDN</a> examines all possible sources of information: teletype services, computerized trading networks, dealer trades, &quot;buy&quot; lists, and auction Prices Realized&quot;.</p><p>&nbsp;</p><p>Do dealers report all buy/sell transactions? What the heck are &quot;teletype services&quot;? What are &quot;computerized trading networks&quot;? Which auctions? Are buyer&#039;s premiums included?</p><p>&nbsp;</p><p>What about transactions between individuals on eBay, Craigslist, etc.? How are they accounted for? The number of these transactions must exceed the number of transactions involving dealers in these modern times.</p><p>&nbsp;</p><p>If I buy a coin and &quot;pay more than it&#039;s worth&quot; because 1) I really want it, 2) I can afford it, and 3) I really don&#039;t care about &quot;book&quot; value, am (should) I not be boosting the &quot;value&quot; of that coin?</p><p>&nbsp;</p><p>Any comments/answers would be appreciated.[/QUOTE]</p><p><br /></p>

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