imo, i think the publishers of the greysheet do ASEs a disservice by listing bid/ask as a price alone, not taking into account the variable value bullion has.
any b/a spread should be given as a "price over spot". even a sheet dated yesterday could be wrong to the tune of .50 or a dollar, either high or low. example, silver was within pennies of $6.50 Feb. 10th, today the 22nd. it's a couple cents over $7.50.
i feel the greysheet should only list the numismatic value of bullion coins, that value above spot, and leave the precious metals quotes to more timely services.
Comments
87 8.10
88 9.50
89 9.25
90 9.15
91 8.50
92 9.75
93 8.50
94 9.75
95 9.25
96 31.00
97 12.00
98 8.60
99 8.75
00 8.10
01 8.10
02 8.10
03 8.10
04 8.25
Feb. 18 Bid/Ask prices --
1986 $14/14.50
1987 $8.35/8.90
1988 $9.50/10
1989 $9.25/9.75
1990 $9.15/9.75
1991 $8.50/9.25
1992 $9.75/10.25
1993 $8.50/9
1994 $9.75/10.50
1995 $9.25/9.75
1996 $31/33
1997 $12/13
1998 $8.75/9.25
1999 $8.75/9.25
2000 $8.25/8.85
2001 $8.25/8.85
2002 $8.25/8.85
2003 $8.25/8.85
2004 $8.25/9
al h.
ASE bid $196.75 per the Feb 11th GS.
any b/a spread should be given as a "price over spot". even a sheet dated yesterday could be wrong to the tune of .50 or a dollar, either high or low. example, silver was within pennies of $6.50 Feb. 10th, today the 22nd. it's a couple cents over $7.50.
i feel the greysheet should only list the numismatic value of bullion coins, that value above spot, and leave the precious metals quotes to more timely services.
*end rant*