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The “New” Greysheet – Significant Contradiction?
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<p>[QUOTE="imrich, post: 2254850, member: 22331"]I'm in total agreement with your assessment that the "Grey Sheet" will no longer be a composite documentation of market trading values, but a subjective reporting of a biased selection</p><p><br /></p><p>Upon receiving the subscribed publication and the unrequested "newsletter" from the new owners, I personally believe their information is irrelevant to market norms of any trading segment, much less the total wholesale dealer trading values. The new system will probably be relevant as the diverse "values" published by the two top tier TPG. It's my understanding that only coins graded by these two TPG are being viewed/stamped by CAC. The values reported are considered ludicrous.</p><p><br /></p><p>I recently purchased a scarce date/grade certified double eagle, acquired at a value ~25% below the assigning TPG published value, and ~10% above the other TPG suggested retail value. The ~35% "spread" between these two preeminent TPG published values were seemingly fantasy, and unrelated to actual market trends, approximately in the middle.</p><p><br /></p><p>I personally will no longer subscribe to the CDN publications, and only use documented sales as a reference of average individual coin values. It appears that a relatively objective resource has joined the ranks of the "market value" grading assigners.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2254850, member: 22331"]I'm in total agreement with your assessment that the "Grey Sheet" will no longer be a composite documentation of market trading values, but a subjective reporting of a biased selection Upon receiving the subscribed publication and the unrequested "newsletter" from the new owners, I personally believe their information is irrelevant to market norms of any trading segment, much less the total wholesale dealer trading values. The new system will probably be relevant as the diverse "values" published by the two top tier TPG. It's my understanding that only coins graded by these two TPG are being viewed/stamped by CAC. The values reported are considered ludicrous. I recently purchased a scarce date/grade certified double eagle, acquired at a value ~25% below the assigning TPG published value, and ~10% above the other TPG suggested retail value. The ~35% "spread" between these two preeminent TPG published values were seemingly fantasy, and unrelated to actual market trends, approximately in the middle. I personally will no longer subscribe to the CDN publications, and only use documented sales as a reference of average individual coin values. It appears that a relatively objective resource has joined the ranks of the "market value" grading assigners. JMHO[/QUOTE]
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