Bluesheet question

RalphE

I subscribe to the greysheet regularly, but just recently picked up a copy of the bluesheet. I was amazed at some of the prices that dealers supposedly pay each other for some of the coins in there. One example is an ANACS MS63 1899 Morgan that is listed at $81. That is VG money in the greysheet. Do dealers really sell to each other at these prices? And what is the purpose of the bluesheet exactly?



Ralph

OffMetal

A dealer once told me that you are better off throwing it away

RedTiger

Bluesheet prices are for the ugliest, least eye appealing coins that some how, some way, often on the tenth try, snuck into a holder. It is for sight unseen, no description, no picture, done deal type of transactions. Some coins do move at these prices. Some of these "dogs" find homes with newbies buying the holder and paying retail, knowing nothing about the coins.

As with any price sheet or guide, it sometimes has relevance, and often times does not.

PerryHall

The Blue Sheet reminds me of the Blue Book: unrealisticly low prices.