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Greysheet vs. PCGS price guide vs. ebay

I just realized how often I use ebay as a quick price guide over other sources for price information-especially for modern crap. We have many sources to determine current prices but few of them do the volume of transactions as ebay and as timely. Some will say that ebay is worthless, but how many sources can you find information about what big dealers are bidding on coins? Love it or hate it, ebay provides a wealth of information.

Comments

  • fcfc Posts: 12,793 ✭✭✭
    as always, do not forget heritage's archives.
    collectors should sign up for a free account and do
    some free research.

    what is this greysheet thing??? ;-) j/k but i have
    never seen one and do not care to.

    plus i have noticed, that when people really want a
    certain coin, they find a reasonable bid and then add 30%
    to it. then think how much higher they will go after that.
    it is humorous how little those guides mean for the right coins.
  • RedTigerRedTiger Posts: 5,608
    Real world prices for real coins traded are always a step above theoretical prices on theoretical coins, no matter who is doing the publishing. That said, each coin must be valued on its own merits. Not all MS65s are created equal. A low end dog 65 that snuck in on the tenth try will sell for much less at true auction than a first ballot 65 with a shot at 66.

    Teletrade's archives are another good source for real world data, especially on moderns.

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