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Greysheet Question

So I subscribed to the Greysheet online (heck, it is cheap enough); excuse me for what might be a newbie question.

1892 CC MS 63 -- bid is $1540, ask is $1700. Then I look at DMPL, I see $1735; shall I presume that is the "bid"? And, sheesh, if so, that is a very small premium over a non-DMPL example.

Do I misunderstand?

Comments

  • Hi, Welcome to the forums.

    Regarding your question; I only get the GS on the MOP plan, so my June Morgan sheet is for the 11th.

    The 1892CC in it is $1500(Bid) $1650(Ask) and $1700 for63DMPL. You are reading it correctly and the way it is going up, buy sooner rather than later.

    I bought my PCGS MS63 1892CC about 15 months ago for $650, and boy am I glad!image
    Gary
    image
  • The reason there is such a small difference in MS63 and MS63DMPL is that a proof (and that is what a DMPL looks like) does not look "pretty" at the lower uncirculated grades. That is why you see a big jump as you go to MS64 DMPL and MS65 DMPL.

    However, since you have a nice CC Morgan, you can probably sell it for more than $1735. CC Morgans are hot right now.
  • BigAlBigAl Posts: 1,224 ✭✭✭

    Korona,

    the Graysheet for dmpl morgans is pretty spotty. You'd be better off checking recent acution/dealer inventory prices for value questions regarding these types of coins. I guarantee you will not find a PCGS graded 92cc MS63DMPL for anywhere near $1735, these coin are in incredible demand....especially in collector grades such as MS63.

    Actually the 92cc in DMPL is one of the more desireable cc morgans, and is more difficult to find than one might think....if you own one, my advice would be to hold on to it.

    BTW, Wecome!

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