Greysheet Market Commentary

Zoins · September 19, 2017 10:47PM

In the past, we have highlighted the fact that the volume of posted dealer bids on the electronic exchanges has significantly decreased over the past five years. This reflected a change in the business model of the coin dealer in response to a much more complicated market. These complications stem from a multi-tiered price structure in which the same coin in the same grade can trade at varying levels, which at its core is an issue with grading.

The rest of the article is available here:

https://www.ngccoin.com/news/article/6161/heritage-sight-unseen/

thebeav · September 20, 2017 8:43AM

I thought, in part, this is where the 'beans' were going to help......

tradedollarnut · September 20, 2017 10:16AM

It helps to own a significant portion of the grading company when making sight unseen bids. Lol

Wabbit2313 · September 20, 2017 10:26AM

Only for NGC coins? Strange.

logger7 · September 20, 2017 11:59AM

Which coins? PCGS is very conservative on many coins, why they bring more. When Rarcoa has a posted buy bid specifying a grading service, it is usually for PCGS coins.

Coinstartled · September 21, 2017 9:05AM

Would it be fair to ask what Heritage is offering for MS65 common Morgan dollars sight unseen? I am thinking $80-85.

U1chicago · September 21, 2017 9:43AM

@Coinstartled said:
Would it be fair to ask what Heritage is offering for MS65 common Morgan dollars sight unseen? I am thinking $80-85.

Melt +1%

Greysheet Market Commentary

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