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<p>[QUOTE="Speedy, post: 653277, member: 705"]Yes, but I also know a lot of collectors who use it daily as their guide. In most cases when I go to a show the dealers are useing the Gray Sheet to sell to collectors, so I would also say that the Gray Sheet is for dealer/collector, and that is kindof what we have here.</p><p><br /></p><p><br /></p><p>Between 2 knowledgeable collectors/dealers it isn't hard. I've sold coins before that both I and the other party knew enough about to know the details of the coin. While it was raw it was also $$ - it didn't make one bit of differance.</p><p>I did sell a 1950 Proof Franklin once to DLRC - the buyer guy told me it wasn't PR but rather MS. I knew enough about the coin to know that he was wrong and I pointed out to him over the phone what to look for. He also did research and called me back and agreeded. The price was the same had the coin been raw or slabbed - what made the price change was the type of minting.</p><p><br /></p><p>Over and over again we have talked about how you should buy the coin NOT the slab - this is true in selling as well.</p><p><br /></p><p><br /></p><p>Day after day I see people who buy slabs - they don't even look at the coin inside but rather just rely on the piece of paper inside. They are either too lazy to take the time to check out the coin and do alittle QC for their collection, or they just don't bother to do the homework. Without homework you lose big time at this game of collecting. </p><p>Mark - I'm sure you do homework on each coin you buy. You ask others what they think (CAC), and you make sure you are getting a good price. No doubt you know what that type of coin is selling for, and you know that the market is in a good spot to where you can re-sell the piece.</p><p>That is what I'm talking about - IMHO T$ didn't do the market research -he paid too much for the piece and is having a hard time unloading it...and rightly so.</p><p><br /></p><p>I'm not bashing him - heck, I've done the same thing, but the big thing is that hopefuly he, and the rest of us, learn from this.</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 653277, member: 705"]Yes, but I also know a lot of collectors who use it daily as their guide. In most cases when I go to a show the dealers are useing the Gray Sheet to sell to collectors, so I would also say that the Gray Sheet is for dealer/collector, and that is kindof what we have here. Between 2 knowledgeable collectors/dealers it isn't hard. I've sold coins before that both I and the other party knew enough about to know the details of the coin. While it was raw it was also $$ - it didn't make one bit of differance. I did sell a 1950 Proof Franklin once to DLRC - the buyer guy told me it wasn't PR but rather MS. I knew enough about the coin to know that he was wrong and I pointed out to him over the phone what to look for. He also did research and called me back and agreeded. The price was the same had the coin been raw or slabbed - what made the price change was the type of minting. Over and over again we have talked about how you should buy the coin NOT the slab - this is true in selling as well. Day after day I see people who buy slabs - they don't even look at the coin inside but rather just rely on the piece of paper inside. They are either too lazy to take the time to check out the coin and do alittle QC for their collection, or they just don't bother to do the homework. Without homework you lose big time at this game of collecting. Mark - I'm sure you do homework on each coin you buy. You ask others what they think (CAC), and you make sure you are getting a good price. No doubt you know what that type of coin is selling for, and you know that the market is in a good spot to where you can re-sell the piece. That is what I'm talking about - IMHO T$ didn't do the market research -he paid too much for the piece and is having a hard time unloading it...and rightly so. I'm not bashing him - heck, I've done the same thing, but the big thing is that hopefuly he, and the rest of us, learn from this. Speedy[/QUOTE]
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