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Is there a more accurate price guide than eBay completed listings/HA Realized prices?
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<p>[QUOTE="GDJMSP, post: 1355388, member: 112"]This is what Mark is talking about - <a href="http://www.certifiedcoinexchange.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.certifiedcoinexchange.com/" rel="nofollow">http://www.certifiedcoinexchange.com/</a> - <a href="http://www.coinnet.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinnet.com/" rel="nofollow">http://www.coinnet.com/</a> - <a href="http://www.coinplex.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinplex.com/" rel="nofollow">http://www.coinplex.com/</a></p><p><a href="http://www.coinplex.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinplex.com/" rel="nofollow"><br /></a></p><p><a href="http://www.coinplex.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinplex.com/" rel="nofollow"></a>If you look at them you'll see what they are. But collectors can participate too, in some cases. I joined CCE many years ago and never had a problem buying coins, and I've never been a dealer in my life.</p><p><br /></p><p>But in a nutshell the prices in the Grey Sheet are nothing more than what dealers around the country are Asking and Bidding for specific coins in specific grades. A lot of those prices come from those links above. Others come from dealers that CDN picks out and contacts every week and ask them for their bid and ask prices. You can read about it here - <a href="http://www.greysheet.com/cdn/cdnuse.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com/cdn/cdnuse.asp" rel="nofollow">http://www.greysheet.com/cdn/cdnuse.asp</a></p><p><a href="http://www.greysheet.com/cdn/cdnuse.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com/cdn/cdnuse.asp" rel="nofollow"><br /></a></p><p><a href="http://www.greysheet.com/cdn/cdnuse.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.greysheet.com/cdn/cdnuse.asp" rel="nofollow"></a>And if you read the CND carefully you will also find that the prices listed are for coins of an average grade. And yes like Mark said there is a difference between sight seen and sight unseen. And sight seen does not mean looking at a picture of the coin. Sight seen means holding the coin in your hand and looking at it. Looking at a picture is sight unseen. Buying something sight unseen is buying the plastic - trusting the slab in other words. And if you look at the difference in price between sight seen and sight unseen, you will see that there is pretty big difference. That's because smart buyers do not trust the slab - smart buyers do not buy plastic. They buy coins.</p><p><br /></p><p>Now the advantage that Heritage has is that you get to see the difference between buying average coins (B coins) and buying above (A coins) and below (C coins) average coins. That's why there is always such a range between a group of coins all graded exactly the same by the same TPG. CDN doesn't give you that range. CDN only gives you B coins.</p><p><br /></p><p>The disadvantage that Heritage has is that all you have to look at are pictures. However, those pictures are matched up with prices and those prices tell you something. They tell you that the person who bought that coin has most likely seen that coin in hand and is therefore willing to pay more, or less, than what the CDN says the coin is worth. Those pictures and prices combined indicate that a coin is an A, a B, or a C coin.</p><p><br /></p><p>As for ebay, well pretty much everybody knows what I think about ebay. Yes, there are some good prices on ebay. But there are also some bad prices on ebay. And when you mix bad with good you no longer have good. So few dealers, or smart collectors will ever trust any of the prices on ebay as being indicative of a good price.</p><p><br /></p><p>Hopefully that answers your questions.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1355388, member: 112"]This is what Mark is talking about - [URL]http://www.certifiedcoinexchange.com/[/URL] - [URL]http://www.coinnet.com/[/URL] - [URL="http://www.coinplex.com/"]http://www.coinplex.com/ [/URL]If you look at them you'll see what they are. But collectors can participate too, in some cases. I joined CCE many years ago and never had a problem buying coins, and I've never been a dealer in my life. But in a nutshell the prices in the Grey Sheet are nothing more than what dealers around the country are Asking and Bidding for specific coins in specific grades. A lot of those prices come from those links above. Others come from dealers that CDN picks out and contacts every week and ask them for their bid and ask prices. You can read about it here - [URL="http://www.greysheet.com/cdn/cdnuse.asp"]http://www.greysheet.com/cdn/cdnuse.asp [/URL]And if you read the CND carefully you will also find that the prices listed are for coins of an average grade. And yes like Mark said there is a difference between sight seen and sight unseen. And sight seen does not mean looking at a picture of the coin. Sight seen means holding the coin in your hand and looking at it. Looking at a picture is sight unseen. Buying something sight unseen is buying the plastic - trusting the slab in other words. And if you look at the difference in price between sight seen and sight unseen, you will see that there is pretty big difference. That's because smart buyers do not trust the slab - smart buyers do not buy plastic. They buy coins. Now the advantage that Heritage has is that you get to see the difference between buying average coins (B coins) and buying above (A coins) and below (C coins) average coins. That's why there is always such a range between a group of coins all graded exactly the same by the same TPG. CDN doesn't give you that range. CDN only gives you B coins. The disadvantage that Heritage has is that all you have to look at are pictures. However, those pictures are matched up with prices and those prices tell you something. They tell you that the person who bought that coin has most likely seen that coin in hand and is therefore willing to pay more, or less, than what the CDN says the coin is worth. Those pictures and prices combined indicate that a coin is an A, a B, or a C coin. As for ebay, well pretty much everybody knows what I think about ebay. Yes, there are some good prices on ebay. But there are also some bad prices on ebay. And when you mix bad with good you no longer have good. So few dealers, or smart collectors will ever trust any of the prices on ebay as being indicative of a good price. Hopefully that answers your questions.[/QUOTE]
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