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This is by now old news but a question for the group

Coin FinderCoin Finder Posts: 7,309 ✭✭✭✭✭
in U.S. Coin Forum
With the December 13 Greysheet there is only one price listed. No longer are there two prices with the words "bid" and "ask".

Is the a good thing?

What say you dealers and collectors alike.

Comments

  • WinLoseWinWinLoseWin Posts: 1,644 ✭✭✭✭✭


    I don't think those are the only 2 interpretations of what it would result in. As of now, I am undecided.



    "To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin

  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I wash my sheets so they don't turn grey.
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • coinhackcoinhack Posts: 1,170 ✭✭✭✭
    It looks like they dropped all of the ask prices. What is left are the bid prices. Since they are reporting wholesale prices that seems to make sense. As a big benefit, the print is now large enough that I can read it.
  • winkywinky Posts: 1,671 ✭
    Originally posted by: LindeDad
    I wash my sheets so they don't turn grey.


    Like your quote very much. Just for fun turned out just right. What color are your sheets?
  • DollarAfterDollarDollarAfterDollar Posts: 3,215 ✭✭✭✭✭
    Since most Dealers want everything 15% or more under bid and never respected ask prices, I think this is much more accurate. Listing a bid price only is an excellent way to narrow down what a given issue should be priced at. Then a person (Dealer or Collector) can adjust to their specific circumstance.





    I'm fine with it.
    If you do what you always did, you get what you always got.
  • coindeucecoindeuce Posts: 13,490 ✭✭✭✭✭
    I believe the modified format was covered in the front page article of a recent weekly edition.

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

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    Obviously the greysheet is not a report on dealer to dealer transactions anymore! Used to be, bid was what a dealer would offer for a coin and ask was what a dealer would offer a coin to another dealer for. Greysheet had nothing to do with retail.



    Beginning to think it is time to go back to a percentage off trends(which has been the benchmark in Seated coins for many years) or other info.
  • Coin FinderCoin Finder Posts: 7,309 ✭✭✭✭✭
    I like the spread I guess....
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Hopefully this will result in not only larger print, but also more grade categories listed.



    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • coinhackcoinhack Posts: 1,170 ✭✭✭✭
    amwldcoin - Beginning to think it is time to go back to a percentage off trends(which has been the benchmark in Seated coins for many years) or other info.





    And what percentage off trends (or coin values) would you use?



  • goldengolden Posts: 9,953 ✭✭✭✭✭
    Originally posted by: LindeDad
    I wash my sheets so they don't turn grey.


    image
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    Most people I know who used trends were around 60%. Of course this is not a blanket formula!
  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    Originally posted by: winky
    Originally posted by: LindeDad
    I wash my sheets so they don't turn grey.


    Like your quote very much. Just for fun turned out just right. What color are your sheets?

    "original" grey. . . image

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • coinhackcoinhack Posts: 1,170 ✭✭✭✭
    60% of Trends for wholesale. Interesting. Thanks, amwldcoin.

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