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<p>[QUOTE=&quot;SuperDave, post: 2529762, member: 1892&quot;]The &quot;Greysheet&quot; is the Coin Dealer Newsletter, a wholesale pricing aid for coin dealers published for more than 50 years now. It is a <b>wholesale reference</b>, not a retail reference. It contains &quot;Bid&quot; and &quot;Ask&quot; pricing - what dealers are Asking (selling) at <i>wholesale</i>, and what dealers are Bidding (offering) at <i>wholesale</i> - dealer-to-dealer sales - for a given coin. Retail purchasers can estimate a &quot;fair&quot; price by allowing a fair profit margin on those prices, but just like car pricing (nobody seems willing to pay more than dealers are getting the car for from the factory - nobody cares if the dealer profits), the understanding that a profit margin needs to be included is disappearing. You&#039;ll hear from more than a few around here who think they&#039;re retail numbers.</p><p><br /></p><p>Which is why the best way to make a small fortune in dealing coins is to start with a large fortune.[/QUOTE]</p><p><br /></p>

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