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Figuring Out Market Value - Case Study - 1911-S Cent
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<p>[QUOTE="Sholom, post: 767715, member: 17753"]Well now, that's interesting. Let me add greysheet to this little table here (note: I am putting in the average of bid and ask -- in each instance here bid is $2 less then what's in the table, and ask is $2 more).</p><p><br /></p><p>Numismedia: 20/29/37</p><p>mtvcoins.com - /58/ - </p><p>coastcoin.com 55/-/-</p><p>valleycoin.com - /66/69</p><p>executivecoin.com -/48/-<p style="text-align: left"><span style="color: #000000">PCGS 44/-/58</span></p><p>Red Book 45/50/55</p><p>Littleton 99/105/110<p style="text-align: left"><span style="color: #000000">Greysheet-bid 42/44/46</span></p> <p style="text-align: left"><span style="color: #000000">Greysheet-ask 46/48/50</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">And so, indeed, executive coin is selling a VG-8 (or what they claim is VG-8) for the same price as Greysheet ask.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">So -- here are my next questions:</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Will dealers purchase coins at around greysheet bid? (With all the usual caveats: accurate grading, no bad spots, etc.)</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">And, if the answer's yes, and if I find, say, a 1911-S on eBay -- that turns out to be accurately rated, say, VG-8, for $20-something, will I make money by flipping it to a dealer? (Yes, I'm presuming all my time and research doesn't cost anything -- this is a hypothetical).</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Note: I'm not trying to find a way to make money here, mostly I'm trying to get the lay of the land here.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="Sholom, post: 767715, member: 17753"]Well now, that's interesting. Let me add greysheet to this little table here (note: I am putting in the average of bid and ask -- in each instance here bid is $2 less then what's in the table, and ask is $2 more). Numismedia: 20/29/37 mtvcoins.com - /58/ - coastcoin.com 55/-/- valleycoin.com - /66/69 executivecoin.com -/48/-[LEFT][COLOR=#000000]PCGS 44/-/58[/COLOR][/LEFT] Red Book 45/50/55 Littleton 99/105/110[LEFT][COLOR=#000000]Greysheet-bid 42/44/46 Greysheet-ask 46/48/50 And so, indeed, executive coin is selling a VG-8 (or what they claim is VG-8) for the same price as Greysheet ask. So -- here are my next questions: Will dealers purchase coins at around greysheet bid? (With all the usual caveats: accurate grading, no bad spots, etc.) And, if the answer's yes, and if I find, say, a 1911-S on eBay -- that turns out to be accurately rated, say, VG-8, for $20-something, will I make money by flipping it to a dealer? (Yes, I'm presuming all my time and research doesn't cost anything -- this is a hypothetical). Note: I'm not trying to find a way to make money here, mostly I'm trying to get the lay of the land here. [/COLOR][/LEFT][/QUOTE]
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