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pole question for collectors only, dealing with eye appeal and price [read below]

If experience is the best teacher then experienced collectors without a vested interest in the answer can answer this question the best.

Here goes; When you buy your coins assuming you want the technical grade to be correct and eye appeal to be outstanding have you found non genaric pq coins [for the most part] that you have actually purchased in the last few years have A. been available at greysheet bid, B. been available at prices over bid but well under 2 x bid, or C. cost you 2 x bid or more.

My own experience has mostly been B. over bid, but well under 2 x bid. With A. on rare occasions when the coin wasn't "hot"

So what has been your actual experience [for the most part] A. B. or C ?
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.

Comments

  • RonyahskiRonyahski Posts: 3,117 ✭✭✭✭✭
    My answer is B.

    Never A. Eye appealing and technically solid coins never trade at Greysheet (unless you get lucky, which can happen occasionally).

    Never C. For me anyway. That would most likely mean that a series or type of coin has gotten real hot in the market place and prices are trending well ahead of Greysheet. If that happens, I'm not buying, I'm selling.
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • rainbowroosierainbowroosie Posts: 4,875 ✭✭✭✭
    Sad to say, everthing I buy is usually at least triple bid, sometimes ridiculous multiples...e.g. bought an Olympic proof dollar for $375 raw at FUN....slabbed 66 DCAM, but eye appeal and color of a 70.
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • michaelmichael Posts: 9,524 ✭✭
    for the most part

    greysheet is NOT! accurate in pricing really unusual exceptional one in a million eye appealling coins


    sincerely michael

  • keetskeets Posts: 25,351 ✭✭✭✭✭
    WOWZER!!! believe it or not, some of the best coins i've bought in the last year were probably at or just below grey sheet bid because i've gotten some nice proof/mint sets from the local guy that i've busted to submit a coin from. there are also a few ANACS coins that were bought at multiples below PCGS slabbed same grade coins.

    everything balances out in the end, though. i'd probably answer A overall.

    al h.image
  • michaelmichael Posts: 9,524 ✭✭
    and i might ADD if there are two knowledgable seller/buyer looking at the coin who know waht they are looking at and it is monster exceptional in many ways

    then i am sure it goes for higher than greysheet and if bid on by a millinoaire at auction maybe even higher



    now i am sure and have no doubt that you can get monster great coins worth multiples of greysheet bid at below greysheet bid

    if you buy a coin from someone who doesnot know what they have and then get it in the right holder with the right information on the holder..........lol

    sincerely michael
  • If its PQ and its a no brainer PQ coin-3 Times bid-just to get it is probably the norm. And if got that certain look-well tou'll always be kickin your own ass for being a cheapcate because some paper said it was "x" and it cost you 3 x "x". But now you don't have it, and really 3 times money don't look that bad lookin back now-does it?
    would you rather be kickin yourself senceless or enjoying a coin, that you can at least say" HEY, I PAID 3 TIMES WHAT I SHUDDA-BUT IT'S MINE FOR NOW,
    Think obout it??

    ultramike@collector.org
    much rather be tried by 12 as carried by six !~!

    SHOOT FIRST-QUESTIONS L8TR...

    If its nice and you REALLY like it " buy it " sure beats laying awake wishin you had, PLUS you will never forget or FORGIVE YOURSELF for letting it get away-and remember you can always pedel it to regain most of $ . Just one of many of " buying politics I utilize.
    Besides I really lost sleep and beat myself up yo learn this simple procedure !~!

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