Is it just me, or are these CCDN ("Bluesheet") headlines overdone and/or misleading?
coinguy1
Posts: 13,484 ✭✭✭
"Classic Silver Commemoratives Rack up Gains"
With 95 different issues, including dates and types being listed, at a minimum, approximately how many would you expect to be showing gains, based on that headline?
"Mint State Type Advances"
With 94 different types being listed, at a minimum, approximately how many would you expect to be showing gains, based on that headline?
Answers to be revealed later today.
With 95 different issues, including dates and types being listed, at a minimum, approximately how many would you expect to be showing gains, based on that headline?
"Mint State Type Advances"
With 94 different types being listed, at a minimum, approximately how many would you expect to be showing gains, based on that headline?
Answers to be revealed later today.
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Tom
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
So, I'm saying 5 or less...
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
For PCGS certified classic silver commemoratives, 6 of the 95 issues advanced in priice and 10 declined. As a reminder, part of the headline read "Classic Silver Commemoratives Rack up Gains".
For PCGS certified mint state type coins, 4 of the 94 issues advanced in price and 1 declined.
Edited to add:
<< <i>Does anyone actually use the bluesheet other than for buying from the ignorant? >>
Yes. Listed "values" for numerous coins and/or grades are not easily accessible elsewhere, and the CCDN can often serve as a decent starting point. Believe it or not, depending upon market conditions and the coins themselves, some coins are worth less than the listed prices.
I have noticed some also. Look at the 17S or 18S Lincoln's in MS 65 Red for example. Grey Sheet has the 17S at $5,500 Ask and the 18S at $6,100 Ask. They are going for around $20,000 in PCGS Holders. NGC coins are going for less than Grey Sheet. So what TPG coins is the nGrey Sheet really it referring too?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.