Grey Sheet

Discussion in 'Coin Chat' started by Steven Hufschmidt, Mar 9, 2018.

  1. Steven Hufschmidt

    Steven Hufschmidt Active Member

    whats a grey sheet? And where do I get one?
     
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  3. Wheatmaster101

    Wheatmaster101 U.S. Cent Collector

  4. Mainebill

    Mainebill Bethany Danielle

    I have lots of slightly out of date ones if you need a basic reference and don’t want to pay for a subscription
     
  5. Beefer518

    Beefer518 Well-Known Member

    The greysheet is the dealer's wholesale price guide. You can subscribe, as mentioned above, you can ask your local coin dealer if he would give you old copies rather then throw them out, or, you can find the current greysheet value (aka CDN and CCDN) on Heritage Auctions (HA) lot listing for a specific coin. You would need to sign up on Heritage to see this, but it's free. That's how I access it. Free is good.
     
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  6. COCollector

    COCollector Well-Known Member

    You can make a one-time $55 purchase of the "7-Pack" Set.

    Scroll down the following link (near the bottom):
    https://www.greysheet.com/Publications

    But I'm guessing you'd prefer the $21/month "U.S. Coin Dealer 'Specialist'". Cancel at any time... that's probably what you'll do after a couple months.
     
  7. Mainebill

    Mainebill Bethany Danielle

    I get a yearly subscription. I keep the most current but am happy to pass along any previous ones honestly if it’s within the last year it’s pretty current with the most major fluctuations being bullion affected earlier gold
     
  8. giorgio11

    giorgio11 Senior Numismatist

    A greysheet is something that makes potential customers with no experience as a coin dealer think they can buy everything for wholesale.

    The Real World is actually more complicated than that.

    Kind regards,

    George
     
  9. longshot

    longshot Enthusiast Supporter

    Greysheet, I believe, is intended to be prices for dealer to dealer transactions. Dealers often offer some percentage less than greysheet to sellers and their own sell prices are higher than greysheet.
     
    Last edited: Mar 10, 2018
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  10. PittsburghMom

    PittsburghMom Active Member

    If someone could send me an older one, it would be greatly appreciated. I like the cherry picker books, but the values seem a bit overinflated.
     
  11. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    This one deserves a "best answer", folks....
     
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  12. Seattlite86

    Seattlite86 Outspoken Member

    I don’t mean to not answer your question, but if you don’t know what greysheet is, I suggest you start with eBay and search previously sold items. The prices there are much more realistic for you than greysheet.
     
    Last edited: Mar 10, 2018
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  13. wxcoin

    wxcoin Getting no respect since I was a baby

    Another important knowledge is how to grade a coin. If you don't know how to grade then any raw coin value from any source is suspect.
     
  14. jafo50

    jafo50 Active Member

    The value of a grey sheet to a novice collector in my opinion sets an expectation level of the value when selling to a dealer. If a dealer offers 50% of grey sheet then I'd walk away, At 15 to 20 % off grey sheet I'd be interested in negotiating with the dealer. Everyone is entitled to make a profit but an informed seller makes sure the deal is fair to all parties.
     
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  15. Conder101

    Conder101 Numismatist

    According to a recent press release, the gray sheet is going to be combining all their different sheets into a single publication. Don't know what the price is going to be.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    It used to be, but it's not really that anymore. And yes, I am aware they still claim it to be that on their website.

    But if you compare how they arrive at their listed prices now, and have for the last few years, it's a completely different method than it was for the many decades preceding.

    It used to be that Grey Sheet prices were based on the current lowest Ask and current highest Bid recorded in the electronic dealer markets. It was this way for 50 years. Those were true wholesale prices.

    Today they no longer do that. This is what they say it based on today.

    The pricing of coins and currency in our publications is derived by our team using an informed mix of data values from online trading networks (CoinPlex, CoinNet), auction prices realized, dealer feedback, wholesale buy lists, dealer sell lists and more.

    And as you can see that's quite a different method of arriving at prices, and they are obviously no longer wholesale prices as retail prices are included.
     
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  17. harley bissell

    harley bissell Well-Known Member

    I don't think that you will find very many errors or varieties listed on the grey sheets thus your cherry picker varieties won't be listed in there.
     
  18. harley bissell

    harley bissell Well-Known Member

    they are passing them out at coin shows. if you send me a pm I will look at the copy they gave me and tell you the subscription price sunday when I get home.
     
  19. giorgio11

    giorgio11 Senior Numismatist

    ^See? See?#$%&&**!?? :rage:

    Kind regards (rant over),

    George
     
  20. GoldBug999

    GoldBug999 Well-Known Member

    What he said!
     
  21. We stopped passing out the Greysheet at shows several months ago and have now replaced it (at shows) with the "CPG Coin & Currency Market Review". The CPG guide is intended for collectors with retail pricing and articles targeted toward that audience, and has been embraced by all the shows we've sent them to. You can view the entire first edition on this site (link) or subscribe in print at our site (link). The CPG prices are also available free for everyone on our web site as well in the prices section (link).

    As far as how get derive our prices, the answer is not so easy. We are constantly evolving how we determine prices, and different series require a different approach. We just started a series of podcasts to discuss a wide range of topics, including pricing in this week's episode. You can listen to it here (link).

    Thanks,
    John
     
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