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Grey Sheet higher than Blue Sheet. Why?
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<p>[QUOTE="Knighti8, post: 2420983, member: 78704"]Interesting note: some small coin shows, usually a local one day show, will sell at grey sheet bid. That is common practice here in Minnesota. </p><p><br /></p><p>Also just a reminder do not buy a coin because it is graded at a specific grade and holdered. Buy the coin.</p><p><br /></p><p> I collect half dimes. I do have a minimum grade I will except. However eye appeal matters greatly to me. So I have turned down incredible deals because the coin did not catch my eye.</p><p><br /></p><p> For instance I have an opportunity to buy a 1859 pcgs proof 64 seated liberty half dime for $1250 by fair market value that grade should sell for $1800+. Now that coin at some point was covered in plastic and that plastic caused a milky haze to cover the front of the coin. I love proofs but you literally have to pick this coin up and look close to see the perfect mirrored fields. That milky haze makes it un-purchasable. It maybe possible for NGC conservation to remove the haze but a $1200 bet sounds like a rough ride.[/QUOTE]</p><p><br /></p>
[QUOTE="Knighti8, post: 2420983, member: 78704"]Interesting note: some small coin shows, usually a local one day show, will sell at grey sheet bid. That is common practice here in Minnesota. Also just a reminder do not buy a coin because it is graded at a specific grade and holdered. Buy the coin. I collect half dimes. I do have a minimum grade I will except. However eye appeal matters greatly to me. So I have turned down incredible deals because the coin did not catch my eye. For instance I have an opportunity to buy a 1859 pcgs proof 64 seated liberty half dime for $1250 by fair market value that grade should sell for $1800+. Now that coin at some point was covered in plastic and that plastic caused a milky haze to cover the front of the coin. I love proofs but you literally have to pick this coin up and look close to see the perfect mirrored fields. That milky haze makes it un-purchasable. It maybe possible for NGC conservation to remove the haze but a $1200 bet sounds like a rough ride.[/QUOTE]
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Grey Sheet higher than Blue Sheet. Why?
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