Message:

<p>[QUOTE=&quot;kanga, post: 2254779, member: 9270&quot;]Since some (many?) in here use the greysheet as one pricing guide I believe the follow is important.</p><p><br /></p><p><b>BACKGROUND:</b> I have a monthly (not weekly) subscription to <i>the Coin Dealer newsletter</i> (CDN or greysheet) only so I may have missed some policy/governing statements from the new ownership.</p><p><br /></p><p>Therefore my concerns/confusion is solely based on the October 9, 2015, edition.</p><p><br /></p><p><b>PERCEIVED CONTRADICTION:</b> On the front page of the October 9, 2015, (Vol. LIII No. 40), print edition, there was a very short item as follows:</p><p><br /></p><p><br /></p><p>“<i><b>Price Correction on 1921-S Morgan Dollar</b></i></p><p><i>We have corrected the MS66 Bid/Ask for the 1921-S Morgan to reflect the current CAC bid.</i>”</p><p><br /></p><p>Among my first thoughts were:</p><p>-- are <b>ALL </b>CDN Bid/Ask values for ALL listed coins based on transactions involving CAC-stickered coins?</p><p>-- what are the Bid/Ask values for non-CAC coins?</p><p>-- I’m sure that they greatly outnumber CAC coins.</p><p><br /></p><p>So I looked at the fine print at the bottom of the front page to see what general policies were in effect.</p><p><br /></p><p>Here’s the whole paragraph even if some parts do not appear to pertain to my current concern; I don’t want to quote things out of context:</p><p><br /></p><p>“<i>The weekly COIN DEALER newsletter (AKA Greysheet) reports the national wholesale coin market monitoring dealer-to-dealer transactions, auctions and trade-show activity, online trading networks like CoinPlex (<a href="http://www.coinplex.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinplex.com/" rel="nofollow">www.coinplex.com</a>) and CoinNet, subscriber feedback and other anecdotal market observances.</i></p><p><i><br /></i></p><p><i>The coins may be certified or raw (uncertified), but the grading MUST ADHERE to the current leading standard. Prices reported are derived based on the expertise of the editors of this publication. While prices indicated here represent coins at the higher end of the quality spectrum for the grade, <b>PQ, CAC and plus graded coins will trade for a premium to CDN Bid values</b>.</i>[emphasis added]<i> CDN prices are intended as an indicator only and we do not represent that it is possible to buy or sell coins at the published levels</i>.”</p><p><br /></p><p>As I see it there is a contradiction between the “Price Correction on 1921-S Morgan Dollar” paragraph and the emphasized portion of the policy statement.</p><p><br /></p><p>Why should the 1921-S Morgan’s value be adjusted “to reflect the current CAC bid.” when the policy indicates those values DO NOT include such coins?</p><p><br /></p><p>I’ve got other concerns about the CDN policies as laid out in the quote but I suggest sticking to the CAC/non-CAC Bid values for a start.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in