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Message:: [QUOTE="kanga, post: 857855, member: 9270"]I think of the greysheet as listing wholesale prices.As a collector I don't expect to get items at those prices although sometimes it happens.This is what dealers expect to pay for items.But even at these prices dealers won't buy if they can't move the item in short order.They don't make a profit if they don't sell the coin no matter how little they paid for it. This is where the collector can often get a bargain.The dealer makes a mistake in judgment and can't sell for a profit.So to make the best of a poor situation they sell for no profit in order free up cash for items they CAN sell.I think that was the case when I bought my 1862 $1 gold. Bought it at BID. My other guide is Coin Values. I think of it as listing retail prices.As a serious collector I look to pay less than CV prices.It would be unusual for me to pay more but it sometimes happens, particularly when I think a coin is on the PQ end of the grade.[/QUOTE]