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<p>[QUOTE="The Penny Lady®, post: 583574, member: 16948"]By the way, generally, the Grey Sheet prices reflect the lowest level of each specific grade, i.e. G = G4 (not G6), VG = VG8 (not VG10), F = F12 (not F15), VF = VF20 (not VF 30, 35), XF = XF40 (not XF45), and AU = AU50 (not AU55, 58). This makes a big difference when looking for PQ coins for a specific grade as mentioned in Ed Tay's quote of Ziggy above. And AU58, which is one of the most popular grades I sell and buyers want to collect, will sell for a mnimum of MS60 money - I often pay MS60 bid for a very nice high quality AU58 coin. I also tell my customers that I'd much rather have a nice AU58 coin over an MS60 or MS61 coin since the low-end MS coins usually have "issues" such as spots, hairlines, old cleaning, nicks, uneven toning, etc. Any way, Grey Sheet prices are a guideline, and do not have to be set in stone as some of my buyers seem to think. A coin needs to be judged on it's own characteristics - they are not all clones and cannot all be bought and sold for a posted price or even the same price as a coin of the same grade just because they have the same grade "label."[/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 583574, member: 16948"]By the way, generally, the Grey Sheet prices reflect the lowest level of each specific grade, i.e. G = G4 (not G6), VG = VG8 (not VG10), F = F12 (not F15), VF = VF20 (not VF 30, 35), XF = XF40 (not XF45), and AU = AU50 (not AU55, 58). This makes a big difference when looking for PQ coins for a specific grade as mentioned in Ed Tay's quote of Ziggy above. And AU58, which is one of the most popular grades I sell and buyers want to collect, will sell for a mnimum of MS60 money - I often pay MS60 bid for a very nice high quality AU58 coin. I also tell my customers that I'd much rather have a nice AU58 coin over an MS60 or MS61 coin since the low-end MS coins usually have "issues" such as spots, hairlines, old cleaning, nicks, uneven toning, etc. Any way, Grey Sheet prices are a guideline, and do not have to be set in stone as some of my buyers seem to think. A coin needs to be judged on it's own characteristics - they are not all clones and cannot all be bought and sold for a posted price or even the same price as a coin of the same grade just because they have the same grade "label."[/QUOTE]
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