Home U.S. Coin Forum

CDN Certified Coin Market Indicator

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? image



Enjoy your day.

Len

In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

"La Vostra Nonna Ha Faccia Del Fungo"

Comments

  • lkrarecoinslkrarecoins Posts: 2,137 ✭✭✭
    C'mon all you greysheet pros image
    In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

    "La Vostra Nonna Ha Faccia Del Fungo"
  • BarndogBarndog Posts: 20,512 ✭✭✭✭✭
    it means nothing. see the coin, buy the coin, not the plastic
  • 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).
  • lkrarecoinslkrarecoins Posts: 2,137 ✭✭✭
    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
    In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

    "La Vostra Nonna Ha Faccia Del Fungo"
  • BarryBarry Posts: 10,100 ✭✭✭
    It's a joke. That's what it means.
  • CoxeCoxe Posts: 11,139
    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.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • BarndogBarndog Posts: 20,512 ✭✭✭✭✭


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



    I tried to say it nicely, but yes, Barry is correct.
  • TomBTomB Posts: 21,986 ✭✭✭✭✭
    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.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • BearBear Posts: 18,953 ✭✭✭
    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.
    There once was a place called
    Camelotimage

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file