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<p>[QUOTE=&quot;halfdfanboy, post: 857687, member: 24566&quot;]Bid - What a dealer is buying a coin for.</p><p>&nbsp;</p><p>Ask - What a dealer is selling a a coin for.</p><p>&nbsp;</p><p>The difference between them is the speard.&nbsp; That&#039;s the profit margin.</p><p>&nbsp;</p><p>With graysheets, that&#039;s whole sale pricing, not retail as stated above.&nbsp; So, if you were going to sell your coins to a dealer, expect around bid prices on the gray sheets.&nbsp; If you wanted to buy a coin from a dealer, expect retail ask prices.&nbsp; </p><p>&nbsp;</p><p>Also stated before and worth noting, the gray sheets are history.&nbsp; It comes down to supply and demand.&nbsp; If a Dealer knows he can say a coin higher then the price you&#039;re willing to pay, well, that&#039;s that.&nbsp; If the Dealer knows he can purcahse a coin lower then what you&#039;re offering, same princple.</p><p>&nbsp;</p><p>That&#039;s how the market and Adam Smith&#039;s invisible fist works.[/QUOTE]</p><p><br /></p>

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