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<p>[QUOTE="The_Cave_Troll, post: 272066, member: 1674"]Doug's given a very good answer here. I would like to add that the Blue Sheet (CCDn) is the sight unseen bids for certified coins (NGC and PCGS only) and is based on actual dealer bids as placed on CCE which is a dealer to dealer only trading community. Unseen ask prices tend to be significantly lower than the real market for properly graded coins because dealers know that when they get slammed (lingo meaning someone hit their bid and is sending them a coin) they know the coin coming will almost certainly be a "just made it" coin for the grade. This is why most people use the greysheet as it doesn't have such a big discount already worked into it.</p><p><br /></p><p>That said, the pricing of a coin is usually not so simple as just looking it up in a book/magazine, as there are constantly changing factors (like how salable the coin is to that dealer's clients) that affect the price a dealer will pay.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 272066, member: 1674"]Doug's given a very good answer here. I would like to add that the Blue Sheet (CCDn) is the sight unseen bids for certified coins (NGC and PCGS only) and is based on actual dealer bids as placed on CCE which is a dealer to dealer only trading community. Unseen ask prices tend to be significantly lower than the real market for properly graded coins because dealers know that when they get slammed (lingo meaning someone hit their bid and is sending them a coin) they know the coin coming will almost certainly be a "just made it" coin for the grade. This is why most people use the greysheet as it doesn't have such a big discount already worked into it. That said, the pricing of a coin is usually not so simple as just looking it up in a book/magazine, as there are constantly changing factors (like how salable the coin is to that dealer's clients) that affect the price a dealer will pay.[/QUOTE]
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