Greysheet on pricing of AU Bust halves

Comments

• Walkerguy21D Posts: 11,684 ✭✭✭✭✭

  August 31, 2012 1:10AM

  W/o reading it myself, I'm guessing one or more market makers posted buy prices like the ones you listed.
  
  Are they realistic? It depends. If you take your average looking coins to 'Joe the local B&M dealer' you probably won't even get offered that.
  If you have a super toner AU58, take it to a Sheridan Downey and get much more.
  As is frequently stated, it's just a guide - take it for what it is.
  
  

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• mozin Posts: 8,755 ✭✭✭

  August 31, 2012 1:19AM

  Decent Bust Half Dollars are not priced by the Greysheet. Look to auction prices realized, and forget the GS.

  I collect Capped Bust series by variety in PCGS AU/MS grades.

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• abitofthisabitofthat Posts: 2,142 ✭✭✭

  August 31, 2012 1:27AM

  Grey sheet picks up bids on dealer networks to put interesting blurbs in the commentary. These prices were offered on cce by a NH dealer. I would be curious if he got any takers.
  
  It is simply an offer to buy, and not necessarily a level that coins actually trade at.
  
  You can also find offers to buy 1839-O halves at bid. It does not mean they get any.
  
  Take what is in the sheets with a healthy dose of skepticism.
  
  

  merse

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• astrorat Posts: 9,221 ✭✭✭✭✭

  August 31, 2012 1:27AM

  
  
  << <i>Decent Bust Half Dollars are not priced by the Greysheet. Look to auction prices realized, and forget the GS. >>
  
  Winner, winner, chicken dinner!

  Numismatist Ordinaire
  See http://www.doubledimes.com for a free online reference for US twenty-cent pieces

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• RevDrBlimber Posts: 391

  August 31, 2012 1:31AM

  I recently bought a couple Bust halves in AU58 for $650 each, even then they needed to be re-holdered, thought I was getting a good deal. I bought a group of Seated and Bust halves recently and most of them did not certify, out of nine only four got numerical grades, the rest were called "details" with cleaning. I guess someone needed to leave them in the Wayte-Raymond holders longer.

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• rhedden Posts: 6,632 ✭✭✭✭✭

  August 31, 2012 1:47AM

  These advertised buy prices are going to be low because they don't expect to get PQ material. The coins they will be able to buy at those prices are the absolute bare minimum for the assigned grade. Picture an NGC AU50 Bustie that has a weak strike and has been dipped many times. Most people would sell that to them at AU50 greysheet Bid.
  
  I don't even look at greysheet any more. It's only useful for truly generic items like common Morgans, and I don't buy those.
  
  

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• ebaybuyer Posts: 2,984 ✭✭✭

  August 31, 2012 2:00AM

  a greysheet is good to have around if you own birds. or possibly as reading material in the bathroom.... could also be used for any other act requiring paper in the bathroom as well.

  regardless of how many posts I have, I don't consider myself an "expert" at anything

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• Shortgapbob Posts: 2,332 ✭✭✭

  August 31, 2012 2:43AM

  You can sometimes buy common 1830s dates in AU-50 holders that are average coins for around bid on the wholesale market.

  "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle
  
  For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.
  
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