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Greysheets allowed at coin shows?
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<p>[QUOTE="Catbert, post: 398320, member: 12718"]I can't imagine going to a show without doing some research, but also bringing a greysheet along. I found that the greysheet is just a touch point to give you some reference point, but really should not be considered as an absolute on prices. For example, in my limited experience buying large cents from specialists, the greysheet is way under what they will sell as their best offer price (and deservedly so for many of their coins are nice examples). I also don't wave it the dealer's face, but I also don't try and hide the document either. Best to show you're not uninformed and it may help when you ask the dealer for their best price.</p><p> </p><p>It's best to get familiar with a particular coin you are after by doing some on-line research on historical auction prices (free info from HA.com, teletrade, ebay) so you can get a feel for what the market is commanding. Obviously, this is a generic reference and has to be mitigated by the attractiveness of the coin despite the assigned grade (the old adage..."buy the coin, not the slab"....). Having this info and combining it with patience is the key. I like to wander through the whole show first seeing what's available, taking a few notes, and then circle back to the coins/dealers of interest. If the coin is way off from your research, you must have patience and believe it will come your way again at another show or for sale on-line (with return priviledges only!).</p><p> </p><p>I'm no expert, but this has worked for me.[/QUOTE]</p><p><br /></p>
[QUOTE="Catbert, post: 398320, member: 12718"]I can't imagine going to a show without doing some research, but also bringing a greysheet along. I found that the greysheet is just a touch point to give you some reference point, but really should not be considered as an absolute on prices. For example, in my limited experience buying large cents from specialists, the greysheet is way under what they will sell as their best offer price (and deservedly so for many of their coins are nice examples). I also don't wave it the dealer's face, but I also don't try and hide the document either. Best to show you're not uninformed and it may help when you ask the dealer for their best price. It's best to get familiar with a particular coin you are after by doing some on-line research on historical auction prices (free info from HA.com, teletrade, ebay) so you can get a feel for what the market is commanding. Obviously, this is a generic reference and has to be mitigated by the attractiveness of the coin despite the assigned grade (the old adage..."buy the coin, not the slab"....). Having this info and combining it with patience is the key. I like to wander through the whole show first seeing what's available, taking a few notes, and then circle back to the coins/dealers of interest. If the coin is way off from your research, you must have patience and believe it will come your way again at another show or for sale on-line (with return priviledges only!). I'm no expert, but this has worked for me.[/QUOTE]
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Greysheets allowed at coin shows?
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