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<p>[QUOTE=&quot;GDJMSP, post: 768317, member: 112&quot;]Sholom - look, the Grey Sheet is accurate to a point. But you are asking entirely different questions each time and wondering how one thing can be true because of the answer to the previous question.</p><p><br /></p><p>Here&#039;s the deal. The Grey Sheet is inteneded as a price guide for dealers only, it only list wholesale prices. There are some dealers who sell to collectors (retail prices) based on what the Grey Sheet says, but many others will not. As a general rule you can expect to pay 10-20% more than Ask if buying from a dealer. And you can expect to get paid 10-20% less than Bid if selling to a dealer.</p><p><br /></p><p>As for what defines a coin of lower value. That depends on who you ask and what the coin is. To you a coin that costs $2 may a coin of lower value. To me a coin that cost less than $500 is a coin of lower value. And to some dealers and collectors any coin that cost less than $10,000 is a coin of lower value. It is all variable depending on how much money you have and what the average cost is for the coins in your collection.</p><p><br /></p><p>What I was saying about a dealer that has 20 of something already in stock is also true. The Grey Sheet that coin is worth $50, but if he already has 20 of them, he doesn&#039;t care what the Grey Sheet says. He will only offer $25 because he doesn&#039;t want any more of them. He can&#039;t sell the ones he has. And if you asked him, he&#039;d probably sell all of them to you for $35-$40 each. Dealer&#039;s only make money by moving their inventory. If the coins sit in the shop for 6 months, his money is tied up and he is losing money because that money he has tied up those 20 $50 coins ($1000) could be used to buy other coins that he could sell, right now, and make a profit on them. So to him, they aren&#039;t worth $50 each anymore. And certainly doesn&#039;t want any more of them. So he only offers $25 for your coin because he knows you will then say no to his offer. He wants you to say no. But he doesn&#039;t want to just tell you no thanks I don&#039;t want it, because that may make you mad and might cost him a future customer. So he makes a low offer to achieve the same result and hopefully, keep you coming back.[/QUOTE]</p><p><br /></p>

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