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Message:: [QUOTE="lackluster, post: 903769, member: 21103"]Since the advent of the TPGs I have often thought that they are the real money makers in the coin business.  It is undeniable that they have made the market for modern MS and PR 70 priced coins w/the population report and relative scarcity.  Before TPGs was anyone paying 10-20 times values for coins that no one could tell the difference in (PR69-PR70)?  Anyway I bought stock in PCGS (CLCT) and have made good money and assume that will continue as the fad continues and say bravo to David Hall for making a market.On the same lines I started thinking about the CDN (greysheet).  This another great little money maker.  Most everyone uses the greysheet to some extent if they buy or sell much.  I would assume that the publisher are likewise making a good deal of money.  I started wondering how accurate is it really?   What made me ask this question was that is is relatively easy to buy some coins at greysheet and much harder to buy others.  So, should the prices be adjusted?  As an example, I will use Bust Halves in F to VF which I buy because I feel (to me) it is a sweet spot for the coin.  In general it is easy to buy coins in the 1830 at greysheet, harder to buy them in the 1820's at greysheet, and good luck trying to get the early ones from 07 thru 1819 at greysheet price.  So are the prices really an accuate reflection?  I don't think they are in this case.  Which leads me to assume there are plenty of other cases where it is doesn't accurately reflect the market. I know it is a great tool and I also know it is not the only tool, but I don't think many people will argue that it is the most popular or main tool of pricing in general.  I keep coming back to the feeling that who is making the most money is not the ones buying the coins, but the ones fueling the desire. Just a thought... Lack[/QUOTE]

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