What is GENERALLY accepted as reflecting true market prices....the bluesheet or greysheet? Or?

SethChandler

I'm having trouble...

Seth

Steve

SethChandler, if you think about it......what is "true market prices". I always thought it was a price that a seller was willing to sell a coin that the buyer wanted and was willing to pay. Bluesheet prices are so called sight unseen prices. They are lower than market because it is assumed that a really NICE coin would NEVER be offered at a sight unseen price. Graysheet prices are supposedly dealer prices with the assumption that a collector will have to pay more. That may be true or false based on how nice the coin really is. Bottom line is that ANY price guide will only show an approximation of the value of any given coin. A buyer and seller need to come to agreement in order to truly determine market value. JMHO. Steve

MrEureka

Seth - What is a "true market price"?

Edited to say: For that matter, what's the "true market price" of 1,000,000 shares of CU stock? If you think valuing coins is difficult...

tradedollarnut

Throw bluesheet, greysheet, trends, auction prices realized, any available listings of retail prices and whatever else you have available into a large, cast iron pot filled with water. Light a fire, add eye of newt and a bat wing for good measure, chant 'double double toil and trouble, witches brew and cauldron bubble' three times and whammo presto - out will pop the true market price of whatever coin you are looking for.....

Then just hope it hasn't changed in the past few moments due to market shifts and crackout/upgrades....

SethChandler

Andy, whatever I reply, you'll just whip me around like the Vegas tiger and Roy.
You run the NYSE for coins and your asking me what a true market prices are, kind of like Barry Bonds saying.....OH please Seth, please do tell me how home runs are hit.......wrong word choice on my part.
More to my point....why the large gap between Greysheet and Bluesheet?

SDTDN, very funny. BTW did you, I better PM this.


Seth

Baley

depends on the coin.

michael

what a knowledgable buyer who is looking for the type of coin you have for sale is willing to pay you for the coin that you are reasonably willing to accept for it being you want to sell the coin in the first place

then that is the true market price right now if a sale is consumated


michael

jdimmick

Definitely depends on the coin, series, and more so the quality of the piece in question.