Grey Sheet verses Blue Sheets when purchasing slabbed coins

Discussion in 'Coin Chat' started by BMoscato, Mar 29, 2011.

  1. BMoscato

    BMoscato ANA# R-1181086

    If you already subscribe to the Grey Sheets, is it worth the extra money to get the Blue Sheets as well if you’re a collector and not a dealer?
     
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  3. BUncirculated

    BUncirculated Well-Known Member

    Not to me it isn't. But some people do subscribe to both.
     
  4. KoinJester

    KoinJester Well-Known Member

    Nope, the blue is not worth it IMO
     
  5. BMoscato

    BMoscato ANA# R-1181086

    Thanks guys, that's pretty much what I was thinking. I had subscribed to the blue sheets years ago and I think they only give MS61+. It would help me for the some things, but not others.
     
  6. Conder101

    Conder101 Numismatist

    Frankly unless you are a dealer buying and selling constantly on a daily basis there is no real point in subscribing to either one. Prices don't normally change that fast and you would be just as well served by buying and downloading the occaisional issue.
     
  7. illini420

    illini420 1909 Collector

    In my opinion, for a collector the Bluesheet is a complete waste of money and I'd recommend not buying it and also not accepting Bluesheet-based offers for coins you are selling to dealers.

    Remember, the Bluesheet pricing represents sight-unseen bids for certified coins. So of course the prices are low as they are what dealers are willing to pay for the ugliest possible examples of the coins in that given grade. In almost all circumstances, when you go to sell coins from your collection, it is a sight-seen transaction. The Greysheet is much more widely used because it has pricing for sight-seen transactions and is much more relevant to most business done with collectors.
     
  8. kanga

    kanga 65 Year Collector

    I have a monthly (not weekly) subscription to the Greysheet.
    With that subscription I also get the monthly supplement and the three quarterlies.

    If you are a collector the CDN prices are mostly "wishes".
    Consider yourself lucky if you can get 10-20% of your purchases at or near CDN prices.
    What I use their prices for is part of a calculation of how much I'm willing to pay.
    It's just one factor in determining a max value.
    I take the CDN value, the Coin Values price and any auction results that I can find and average them.
    That pretty much determines my max price.
     
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