Hello & 1st Question!

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johnabbott
johnabbott Posts: 2
in U.S. Coin Forum
Hello all!

I have been a long time lurker and this is my first post! I want to thank everyone for the plethora of information on the boards. I am primarily a gold collector. I specialize in type gold and have actually completed some of the smaller date and mm sets (Classic Head $2.5, $2.5 Indian and Classic Head $5)

My question is as follows. When selling generic gold (mainly $20's) at shows, dealers generally take out a sheet distributed by a major dealer (I assume) with his or her bid prices for the coins and then offer a price less than that. I assume that they sell the coin to that major dealer for a locked in profit. Does anyone know this major dealer that publishes their bid/ask prices for generic tpg gold? TIA

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  • savoyspecial
    savoyspecial Posts: 7,374 ✭✭✭✭
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    you are referring to CDN or 'greysheet'

    www.brunkauctions.com

  • itsnotjustme
    itsnotjustme Posts: 8,789 ✭✭✭
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    www.greysheet.com

    You can purchase it on-line for a few bucks. There are multiple versions.... weekly, monthly and quarterly. $20 will get you the most recent of all versions.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • johnabbott
    johnabbott Posts: 2
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    It is not the greysheet. I know what the greysheet is. It is usually a single piece of paper that the dealers get daily via fax.
  • JupitarCoins
    JupitarCoins Posts: 2,595 ✭
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    Welcome to the forum.
    image
    Positive:
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  • coindeuce
    coindeuce Posts: 13,527 ✭✭✭✭✭
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    << <i>It is not the greysheet. I know what the greysheet is. It is usually a single piece of paper that the dealers get daily via fax. >>



    It is likely a buy broadcast from one of several dealers that have a presence on the C.C.E. or FACTS dealers networks. They typically will only make those offers to other member dealers of the C.C.E. or FACTS, and do not deal directly with J.Q. Public.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • QuarterCollector
    QuarterCollector Posts: 1,384 ✭
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    welcome
  • RYK
    RYK Posts: 35,801 ✭✭✭✭✭
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    It might also be Heritage's generic gold indications.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • Walkerguy21D
    Walkerguy21D Posts: 12,164 ✭✭✭✭✭
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    Welcome aboard. I've been collecting for about 40 years, and the only gold piece I own is a Classic Head quarter eagle!
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  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    Welcome!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Halfhunter06
    Halfhunter06 Posts: 1,346 ✭✭✭
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    Welcome to the Forum!
  • COALPORTER
    COALPORTER Posts: 2,900 ✭✭
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    << <i>It is not the greysheet. I know what the greysheet is. It is usually a single piece of paper that the dealers get daily via fax. >>



    I quess you don't really know what the Greysheet is. image

    Not published daily. Not faxed. It's more like a mini-news paper.

    The CDN is not a dealer, and they don't buy or sell coins.
    (But, imho, they do a great job at being out of touch) lol image
  • Ahrensdad
    Ahrensdad Posts: 2,583 ✭✭✭
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    Welcome. Great questions. Could be Heritage Gold Fax, or the buy sheet from RARCOA (i think that's who it is).
    Successful BST Transactions with: WTCG, Ikenefic, Twincam, InternetJunky, bestday, 1twobits, Geoman x4, Blackhawk, Robb, nederveit, mesquite, sinin1, CommemDude, Gerard, sebrown, Guitarwes, Commoncents05, tychojoe, adriana, SeaEagleCoins, ndgoflo, stone, vikingdude, golfer72, kameo, Scotty1418, Tdec1000, Sportsmoderator1 and many others.


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  • MMMCOINSMMM
    MMMCOINSMMM Posts: 212
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    It may be some sort of gold prices with calculations on the amount of profit based on a percentage.It could be an insider trader sheet.??
  • kranky
    kranky Posts: 8,709 ✭✭✭
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    I think RYK's right - it's probably the Heritage sheet.

    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.

  • etexmike
    etexmike Posts: 6,852 ✭✭✭
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    image and welcome to the forums.


    Mike
  • mrpotatoheadd
    mrpotatoheadd Posts: 7,576 ✭✭✭
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    << <i>I quess you don't really know what the Greysheet is. image >>

    Ok- I'll guess that he does know. When he said "It is usually a single piece of paper that the dealers get daily via fax", he wasn't describing the greysheet- he was describing something else.
  • Type2
    Type2 Posts: 13,985 ✭✭✭✭✭
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    image Have fun in the crazy house.


    Hoard the keys.
  • ProofArtworkonCircs
    ProofArtworkonCircs Posts: 4,223 ✭
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    Welcome!
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,219 ✭✭✭✭✭
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    Hello. You ask a tough first question.
  • cladking
    cladking Posts: 30,314 ✭✭✭✭✭
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    Welcome aboard.
    tempus fugit extra philosophiam.
  • WoodenJefferson
    WoodenJefferson Posts: 6,491 ✭✭✭✭
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    Welcome aboard, I do not have a clue, clueless in Texas.
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  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    image

    My YouTube Channel

  • ponderit
    ponderit Posts: 1,544 ✭✭✭✭✭
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    Welcome to the Forum and I don't know the answer to your question
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