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<p>[QUOTE=&quot;johnmilton, post: 24845908, member: 101855&quot;]Yes, using Grey Sheet numbers, the $100 offer is on the low side. The piece is like a raw coin now because, as someone else noted, the reholder fees for one coin are really high compared to the value of the piece. Most collectors would not want a piece with a slab which is that badly damaged.</p><p><br /></p><p>The Grey Sheet says the California commemorative is worth $140 in EF vs. $185 in MS-62. The lack of a price spread makes this coin harder to sell.</p><p><br /></p><p>I wonder if the $140 EF bid is really valid. As a collector, if you are willing to pay $140 plus the implied retail markup, why not pay another $45+ and get an MS-62, or even an MS-63 which is bid at $225? These are the thoughts that run through dealers’ and collectors’ minds. You could use the money to buy an MS-63, which is a much more desirable grade.[/QUOTE]</p><p><br /></p>

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