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<p>[QUOTE="medoraman, post: 1580934, member: 26302"]Like all price guides, a greysheet is a HISTORICAL document. The greysheet is simply more current history, so MORE pertinent to a discussion than books, but still a guide. I have paid over greysheet when I knew the market was rising or it was a superior coin, and I have paid much less than greysheet at other times. I refuse to be dictated to by a historical price guide when I was buying US coins.</p><p><br /></p><p>OP, NEVER let a dealer convince you its a good deal based upon the greysheet. Always evaluate the coin on its own, and if its deficient for its grade its not WORTH what greysheet says it is. Always remember really, really nice coins are included in this average, so a deficient coin may be worth only half of greysheet in extreme circumstances.</p><p><br /></p><p>Btw Juan, yes, US collectible coins have gone down in the past few years. There is almost NO correlation between PM prices and rare coin prices. I am not melting my FH dollar, so I could really care less what the silver price is unless it approached $10,000 an ounce.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1580934, member: 26302"]Like all price guides, a greysheet is a HISTORICAL document. The greysheet is simply more current history, so MORE pertinent to a discussion than books, but still a guide. I have paid over greysheet when I knew the market was rising or it was a superior coin, and I have paid much less than greysheet at other times. I refuse to be dictated to by a historical price guide when I was buying US coins. OP, NEVER let a dealer convince you its a good deal based upon the greysheet. Always evaluate the coin on its own, and if its deficient for its grade its not WORTH what greysheet says it is. Always remember really, really nice coins are included in this average, so a deficient coin may be worth only half of greysheet in extreme circumstances. Btw Juan, yes, US collectible coins have gone down in the past few years. There is almost NO correlation between PM prices and rare coin prices. I am not melting my FH dollar, so I could really care less what the silver price is unless it approached $10,000 an ounce.[/QUOTE]
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