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Question for dealers/sellers: Blue book prices
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<p>[QUOTE="clembo, post: 467545, member: 8033"]Blue book can be helpful but like the Red book it's a once a year deal. Things change in a year. A person that walks in with a large collectin and a Blue book will tend to get better dollar for that collection. It could also be helpful on the buying end although I don't see it as often.</p><p><br /></p><p>Greysheet is the one used by dealers as Doug pointed out. That and the internet. When we get a coin in that is not even remotely shown on Greysheet we tend to consult the internet for past auctions or contact other dealers with more knowledge/experience on a particular piece.</p><p><br /></p><p>Experience and knowing your dealer is a top tool IMHO. I rarely pay over Greysheet bid anymore and usually less. Of course that's with dealers I know.</p><p><br /></p><p>If it's a show and I REALLY want a coin I will go somewhere between bid and retail if I don't know the dealer but like the coin. Different circumstances call for different buying patterns is what it boils down to.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 467545, member: 8033"]Blue book can be helpful but like the Red book it's a once a year deal. Things change in a year. A person that walks in with a large collectin and a Blue book will tend to get better dollar for that collection. It could also be helpful on the buying end although I don't see it as often. Greysheet is the one used by dealers as Doug pointed out. That and the internet. When we get a coin in that is not even remotely shown on Greysheet we tend to consult the internet for past auctions or contact other dealers with more knowledge/experience on a particular piece. Experience and knowing your dealer is a top tool IMHO. I rarely pay over Greysheet bid anymore and usually less. Of course that's with dealers I know. If it's a show and I REALLY want a coin I will go somewhere between bid and retail if I don't know the dealer but like the coin. Different circumstances call for different buying patterns is what it boils down to.[/QUOTE]
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