Certified Coindealer Newsletter

coinguy89

Im not sure what exactally it does for me as a collector, I read about it in Numismatic News. I was told by quite a few dealers that this is what they all run by, that you need this to know the prices. I was wondering could someone send me an issue from a few months ago so I can get an idea of it, before I put my money into subscribing to it?

coinguy89

ttt

Louis

Scott, if you're referring to the "Greysheet"(theCoin Dealer newsletter) I would be glad to send a copy from the last month or so. (the weekly) Send me a PM.

MrEureka

The Certified Coindealer Newsletter is the "Bluesheet". It's a guide to the sight unseen market.

numonebuyer

You don't need to subscribe. You can buy one copy online at The Coin Dealer and Certified Coin Dealer Newsletter Home Page

kranky

You don't need to subscribe to it, unless you are buying and selling coins every week. And there are a couple things to remember:

As is often quoted, "the sheet doesn't buy coins". Prices are only a guide. Some coins sell for more, some for less.
Prices are for wholesale "dealer-to-dealer" transactions, not retail sales.
Prices are for sight-unseen deals, which could mean the ugliest coins which ever made it into a slab in a particular grade.

LincolnCentMan

Scott,

It's a good sorce if you're buying circulated coins with some frequency. If you're buying MS slabs, you're probably better off looking at e-bay and Heritage closed auctions. There's no substitue for doing your own research.

David

tradedollarnut

I don't subscribe to the sheets. Many prices are completely out of date. When specialists are willing to pay more than 300% of the listed prices for many coins and perhaps 1000% for a few others, what good are they? And bids are often transient in nature. Watch sometimes when a really rare coin goes off and see that there was a bump in the bids a while before the auction and a drop a while after....

IMO, sheets are good for one thing and one thing only - to ensure you have a mediocre collection. Watch what coins go for in the series you want to specialize in and know when to jump!

MrEureka

IMO, sheets are good for one thing and one thing only - to ensure you have a mediocre collection.

Sorry, TDN. Gotta disagree. Nobody should pay 69K for an Oregon half without at least knowing that bid is more like 2K.

tradedollarnut

Perhaps I mis-spoke. If you blindly adhere to the sheets, 99% of the time you will overpay either because the sheet is too high for that particular coin or because the quality of the coin is not all there. The end result is a mediocre collection.

Better?