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<p>[QUOTE=&quot;Conder101, post: 216429, member: 66&quot;]For widget coins or low end pieces.&nbsp; The Graysheet is fairly useless for high end coins, thinly traded coins, truly rare coins, varieties, errors, or anything else out of the ordinary.</p><p><br /></p><p>And the grayshet originally WAS the dealer to dealer wholesale sheet.&nbsp; Dealers bought and sold from each other at bid and ask.&nbsp; Collectors were offered bid or even back of bid, and sold to at over Ask.&nbsp; Ask was the wholesale Ask, not retail.&nbsp; The sheet was only available to dealers.&nbsp; But collectors would get ahold of copies and try and worm their way into the wholesale market.</p><p><br /></p><p>And originally the graysheet was for sight-seen raw coins.&nbsp; Once slabbing came along the Bluesheet was created for sight-seen slabbed coins and the graysheet was still for raw coins.&nbsp; For awhile there was even a pink sheet for sight-unseen slabbed coins.&nbsp; But the bid and ask levels fell so low on it that that sheet was discontinued.&nbsp; Then the bluesheet became more for quasi-sight-seen slabbed coins, pieces you could still decline on once you saw them in hand.&nbsp; Prices fell on the bluesheet some as well. (It was interesting, for awhile slabbed coins sold for LESS than raw coins of the same grade.)&nbsp;&nbsp; So the graysheet became the guide for pricing sight-seen slabbed coins as well as raw coins.&nbsp; But it has still become a two tiered system because few people will pay the same price for a raw coin as they would a slabbed one.[/QUOTE]</p><p><br /></p>

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