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Step 1a: Greysheet Values Adjusted for Color
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<p>[QUOTE="kanga, post: 24639837, member: 9270"]I'm comfortable using Greysheet values.</p><p>My auction bidding is based on adjusted Greysheet values.</p><p>When bidding I add a certain percentage of the Greysheet value to account for seller's premium.</p><p><br /></p><p>I find that I win only about 1 out of 10 bids if I use Greysheet plus 20%.</p><p>If I use Greysheet plus 30% I win about 1 out of 5 bids.</p><p><br /></p><p>The problem with Greysheet is that their values appear to be based <u>only</u> on BN copper coins.</p><p>(I'm trying to value my IHC set.)</p><p>So I tried to find an adjustment factor for RB coins.</p><p>I went to the PCGS Price Guide since it lists separate values for BN, RB and RD.</p><p>(It's the only guide that I could find that took into account color.)</p><p>I don't care what absolute values PCGS listed, just what the <u>increase factor</u> is between their BN and RB coins.</p><p><br /></p><p>Interesting results.</p><p>The <u>average</u> increase in value between BN and RB coins of the same date was 34%.</p><p>And actual value doesn't seem to affect that percentage.</p><p>The <u>percentage</u> increase of a $1000 coin is pretty much the same as a $200 coin.</p><p><br /></p><p>So I'll use that 34% number of the Greysheet value to get an idea of a coin's value.</p><p>I'll use that as a starting point in negotiations.</p><p>Naturally I expect to end up somewhat lower than that.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 24639837, member: 9270"]I'm comfortable using Greysheet values. My auction bidding is based on adjusted Greysheet values. When bidding I add a certain percentage of the Greysheet value to account for seller's premium. I find that I win only about 1 out of 10 bids if I use Greysheet plus 20%. If I use Greysheet plus 30% I win about 1 out of 5 bids. The problem with Greysheet is that their values appear to be based [U]only[/U] on BN copper coins. (I'm trying to value my IHC set.) So I tried to find an adjustment factor for RB coins. I went to the PCGS Price Guide since it lists separate values for BN, RB and RD. (It's the only guide that I could find that took into account color.) I don't care what absolute values PCGS listed, just what the [U]increase factor[/U] is between their BN and RB coins. Interesting results. The [U]average[/U] increase in value between BN and RB coins of the same date was 34%. And actual value doesn't seem to affect that percentage. The [U]percentage[/U] increase of a $1000 coin is pretty much the same as a $200 coin. So I'll use that 34% number of the Greysheet value to get an idea of a coin's value. I'll use that as a starting point in negotiations. Naturally I expect to end up somewhat lower than that.[/QUOTE]
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Step 1a: Greysheet Values Adjusted for Color
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