Greysheet: CDN "Collectors’ Price Guide" free to ANA Members

Discussion in 'US Coins Forum' started by Dougmeister, Jun 4, 2017.

  1. Dougmeister

    Dougmeister Well-Known Member

    http://blog.greysheet.com/2017/06/0...tors-price-guide-offered-free-to-ana-members/

    "A recent press release announced our partnership with the ANA to include select portions of our new retail price guide, or CPG, in the association’s “Numismatist” magazine. The friendly arrangement is a win-win for both CDN and ANA, as we work to make this great publication even more useful for its readers. More importantly, we hope it will help the ANA attract new members, which is important for all of us in numismatics. The June issue is already out with pricing. If you are not an ANA member, join today at www.money.org."​
     
    Dougmeister, Jun 4, 2017
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  3. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Oh... so there's now a "wholesale" CDN and then another for "retail"; wonderful, huh? Considering that the old CDN, even though supposedly "wholesale", was often treated by "collectors" as a retail guide, this surely changes everything, especially since it's only available through the ANA... (roll eyes here).
     
    BooksB4Coins, Jun 4, 2017
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  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Actually, the CPG will be published elsewhere too . . . Heritage, DLRC, Stacks Bowers, and any other on-line dealer wanting to link it to their site. I'm contemplating it, as long as it will neither complicate nor slow my site down.
     
    ToughCOINS, Jun 4, 2017
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  5. Coinlover67

    Coinlover67 Well-Known Member

    Just got my Numismatist mag yesterday, saw the headline but haven't had a chance to read it yet. Looks good

    Sent from my ZTE B2017G using Tapatalk
     
    Coinlover67, Jun 4, 2017
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  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    "Here at CDN, we do NOT publish a comprehensive list of CPG values. CPG values are published, however, on a rotating basis in the American Numismatic Society's (ANA) award-winning publication, The Numismatist, beginning with their June 2017 issue."

    (Quote taken from the CDN website)


    Upon further investigation, you're right and the clarification is most appreciated. Still, it doesn't change what was the greater overall point, and is one I'm sure you're familiar with.
     
    BooksB4Coins, Jun 4, 2017
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  7. ToughCOINS

    ToughCOINS Dealer Member Moderator


    There's a good reason for publishing this "retail" guide. The intent is to build an appropriate margin in between CDN pricing and what dealers may reasonably expect for generic coins of a given grade.

    Redbook pricing is often wrong, and even if right when published, and goes very stale very fast on commonly traded coins, and magazine pricing is usually no more accurate than is the Redbook.

    The CDN is now more often updated than it had been in a very long time, and is more expensive to accomplish that. Dealers now must fork over $250 annually for that subscription.
     
    ToughCOINS, Jun 4, 2017
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  8. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I've no doubt that is the "intent", and in fact, this is quite obvious, but again it does not change the initial point.

    I've never once said nor remotely implied they are or were.

    And in no way means "collectors" are no longer going to buy single issues (or the like), which again goes to the initial point. Just to make this abundantly clear: I'm not saying nor suggesting this a bad thing, but only that it is not going to change those "collectors" who buy the CDN and expect/demand "wholesale" pricing.
     
    BooksB4Coins, Jun 4, 2017
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  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I'm surprised that nobody has mentioned that the acronym, CPG, has been used by the Cherrypickers Guide for years. I think that CDN deserves the "You Suck Award!" for originality.

    Chris
     
    cpm9ball, Jun 4, 2017
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  10. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I infer the initial point to express disdain for the implication that non-dealers should believe the CPG is an appropriate guide for purchase prices.


    You're probably right, however it's pretty easy to tell the dealers from collectors carrying the grey sheet. This effort to redefine the blurred lines will help some and hurt others. Only time will tell who benefits and who does not.

    I can say that anyone, dealer or not, who walks up to my table and "expects" or "demands" wholesale pricing is not likely to buy a coin from me at all, even when they might have bought at or below that level had they never pushed that button in the first place (coin-dependent, of course). When it comes to buyers like that, I'd just as soon let my competition take the beating, not only on their price but also on their time and patience. Cordial collectors far outnumber those brute force buyers, and I'll save my time, energy and favorable pricing for them.
     
    ToughCOINS, Jun 4, 2017
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  11. baseball21

    baseball21 Well-Known Member

    I think the old sheet really did do a disservice not differentiating. Far to many people seemed to think that's what pricing should be or that 2-3 coins is a bulk purchase
     
    baseball21, Jun 4, 2017
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