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Grey Sheet higher than Blue Sheet. Why?
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<p>[QUOTE="GDJMSP, post: 810957, member: 112"]No, it isn't a bit much. You see, grading companies make mistakes. So the coin could be misgraded. And not all coins are equal even if they have the same grade assigned by the same grading company. There are basically 3 grades within each and every grade.</p><p><br /></p><p>Say you have a coin graded MS64. A knowldgeable dealer knows that from among all of the coins graded MS64 there will be those that just barely made the 64, call them an A, (in other words they were almost 63's), there will be those that are solid 64's, call them a B, and there will be those that are almost a 65 but not quite, call them a C.</p><p><br /></p><p>Now the prices for these coins will vary greatly, sometimes even by hundreds of dollars, when they are all graded as MS64. If you check the realized auction prices for instance, it is not at all uncommon to see examples of any given coin, all graded as MS64, with prices for each varying from $150 to $400.</p><p><br /></p><p>So, since the buyer cannot see these coins (those that are sight unseen or Blue Sheet prices), he cannot judge what a fair price for the given coin would be. So the price listed is low as if all of them were A coins.</p><p><br /></p><p>Now, also have to realize that the prices listed in the Grey & Blue Sheets are not retail prices. They are not prices for collectors or what the dealer would sell the coin for to a collector. They are wholesale prices only. They are what a dealer will sell/buy for to another dealer only.</p><p><br /></p><p>That said, some dealers but not all of them, will sell/buy to collectors based on the Green/Blue Sheet prices. But that is a personal choice they make.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 810957, member: 112"]No, it isn't a bit much. You see, grading companies make mistakes. So the coin could be misgraded. And not all coins are equal even if they have the same grade assigned by the same grading company. There are basically 3 grades within each and every grade. Say you have a coin graded MS64. A knowldgeable dealer knows that from among all of the coins graded MS64 there will be those that just barely made the 64, call them an A, (in other words they were almost 63's), there will be those that are solid 64's, call them a B, and there will be those that are almost a 65 but not quite, call them a C. Now the prices for these coins will vary greatly, sometimes even by hundreds of dollars, when they are all graded as MS64. If you check the realized auction prices for instance, it is not at all uncommon to see examples of any given coin, all graded as MS64, with prices for each varying from $150 to $400. So, since the buyer cannot see these coins (those that are sight unseen or Blue Sheet prices), he cannot judge what a fair price for the given coin would be. So the price listed is low as if all of them were A coins. Now, also have to realize that the prices listed in the Grey & Blue Sheets are not retail prices. They are not prices for collectors or what the dealer would sell the coin for to a collector. They are wholesale prices only. They are what a dealer will sell/buy for to another dealer only. That said, some dealers but not all of them, will sell/buy to collectors based on the Green/Blue Sheet prices. But that is a personal choice they make.[/QUOTE]
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Grey Sheet higher than Blue Sheet. Why?
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