CDN Certified Coin Market Indicator

lkrarecoins

Good Morning All!

Can someone please explain to me (in words we can all understand) what these weekly comparison's mean without having to hire a lawyer to decifer it for me?



Enjoy your day.

Len

lkrarecoins

C'mon all you greysheet pros

Barndog

it means nothing. see the coin, buy the coin, not the plastic

ArgentumRex

It's a comparison of services on the basis of sight unseen bid price to sight seen bid price, Bluesheet vs. Greysheet, for a sampling of each service's coins. I guess it's kind of a measure of confidence in the company's grading. Not that the grades will be "accurate," but that they will be consistent with what is expected of that service's grading, which accounts for such high ratings for ICG, for example. It's not that their grading is so great, it's that you know what you're getting (sometimes).

lkrarecoins

ok, thats kind of what i interpreted it as being....i was figuring that the higher the %, the more accurate pricing in relation to the grading levels

Thx

Barry

It's a joke. That's what it means.

Coxe

It is suppose to provide a range of the multiplying factor for TPG slabs sight seen relative to the greysheet prices (as opposed to the bluesheet sight unseen ones). I have always been dumfounded as to how they can arrive at those factors with any veracity especially when noting what they are. ICG, for a while, was chiming in higher than PCGS. I don't know of anyone who actually uses those numbers to determine a slab's value. Their scope of applicability too must be for the issues and grades represented in the greysheets. That might bias it a little, especially if a lot of them are promoter coins and they are loose in defining sight seen to include TV cable network visual images of representative pieces.

Barndog

<< <i>It's a joke. That's what it means. >>



I tried to say it nicely, but yes, Barry is correct.

TomB

If you are writing about the percentage values given for TPGs on the cover of the weekly Greysheet then I will tell you that they mean absolutely nothing since they are a measurment of a very small number of non-representative coins and grades that are then averaged. It is meaningless and they should get rid of it.

Bear

That section of the CDN is an absolute waste of space

that could be used for something more useful. I know of

no collector that uses it , don't know about dealers.