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<p>[QUOTE=&quot;GDJMSP, post: 929530, member: 112&quot;]What makes you think he&#039;d pay that much to the other dealer ? You have to remember, buying an individual coin is not the same as buying a collection. But to your point, yes he will pay the other dealer more than he will pay you.</p><p><br /></p><p>If you walk into a dealer&#039;s shop with a single coin to sell, or even 2 or 3 coins - he&#039;s going to offer you between 10-20% less than Bid. Now that&#039;s for your average coin. If the coin is exceptional for the grade or something that is scarce, yeah he&#039;ll go more. But not much more.</p><p><br /></p><p>That&#039;s because 80% or more of everything that a dealer sells is sold to another dealer. And if he expects to sell to another dealer at or even close to Bid, the he obviously cannot pay you Bid for it now can he ? Not if he wants to stay in business anyway.</p><p><br /></p><p>Now these are general rules but they are accurate. When buying from the public dealers will pay 10-20% less than Bid. When selling to the public dealers will sell for 10-20% more than Ask. </p><p><br /></p><p>Grey Sheet is wholesale - dealer to dealer prices. </p><p><br /></p><p>What the public gets is retail and while some dealers will buy/sell to the public at Grey Sheet they are few and far between. And you can count on one thing - if they do, they <u>did not</u> pay Grey Sheet.[/QUOTE]</p><p><br /></p>

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