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Message:: [QUOTE="Burton Strauss III, post: 2350108, member: 59677"]The greysheet is going through change and so everyone is whining. Before it was "the prices are never updated with the REAL market", "they've been unchanged for years" or "they just add 5% every year" It was also originally truly dealer2dealer. Then it became a secret club where you could buy a copy with a little work to be let into the secret. The last years it became an open secret that everybody knew, so the game became "buy at bid" which means selling your coins got you offers back of bid, so ask became the price rubes paid. "Let me show you this secret dealer price guide, here's what I'm supposed to charge you, but for you, I'll do 10% less". The new ownership did away with ask and seems to be moving it back to what it was, a true dealer price (buying) guide. The ask price then becomes whatever you can sell it for. The bid prices come not from public sales, but from reported dealer to dealer sales within their network. I guess that makes your original statement true and false. if you used the greysheet to set your selling prices, it is far less useful.If you tried to use the greysheet as it was intended (what should I pay this other dealer), it becomes more useful.[/QUOTE]