greysheet and bluesheet

FloridaBill · October 6, 2006 4:04PM

I promised newbie questions, and here is another one. I wanted to be kept current on bid/ask for primarily modern stuff…I couldn’t figure out which one to order so I order the bluesheet…from the first one I received it looks like I choose wrong…can someone explain the difference between bluesheet and greysheet to this newbie….thanks!

FloridaBill

itsnotjustme · October 6, 2006 4:17PM

Bluesheet is for certified coins, site unseen. You have it so I won't go into the content.

Greysheet is sight seen dealer bid/ask prices. It covers bullion (ASE/AGE), Gold by type, Classic & Modern Commems, BU ROlls, Morgan/Peace/Buffalo/Merc/Walking Liberty, Mint/Proof Sets, Type Prices for G - MS65, and Proof Type Prices.

When you say you want modern prices, Commemns, Yes, Rolls, Yes, Mint & Proof Sets, Yes.

MS68 2004-P Cents, No.

RedTiger · October 6, 2006 10:12PM

If by moderns you mean high grade post 1964 coinage you are out of luck. There is no sheet on these coins. Top PCGS coins tend to trade for multiples of NGC coins, which trade for multiples of ICG coins.

Traditionally, greysheet is for sight seen transactions, and bluesheet for sight unseen. Bluesheet is usually quite a bit lower. Sheet price often applies to widget coins and popular key dates. For some collector coins the sheet prices are way off.

In any case, often auction archives at Heritage, Teletrade and Ebay are a better indicator for what coins are selling for than the sheets. This would be especially true for high grade post-1964 coins.

BillJones · October 6, 2006 10:57PM

The Gray Sheet provides very limited coverage on coins that grade higher than MS or PR-65. The main areas it covers in those high grades are gold type coins and Morgan and Peace silver dollars. Most modern coins get limted coverage, and very modern coins are covered only as rolls and as Proof and mint sets.

The Blue Sheet does provide prices for MS and PR coins in 66 and 67. But once again very modern coins don't get much coverage. 20th century high grade Proof coins after the Barber era pieces often trade for somewhere around Blue Sheet levels. Once you get to high grades such as that, the services are concsistently more accurate.

As others have said there is no dealer wholesale sheet for high grade, POP-1-ish moderns. You will have to look at auction records and compare prices among specialist dealers.

BrianKuszmar · October 6, 2006 11:36PM

Bluesheet is supposed to be sight un-seen prices based off od CCE
Unless your looking at some generic coins Imho the Blusesheet is a total waste of money. Imo completely off base and rediculous on most issues as are the sight unseen bids they are based on.
Greay sheet is what you need, even then be careful as its only a guidline and many prices are either too high or too low.
Best thing you can find is a good long established coin dealer in your area to help you muddle through all the numbers. No substitute for experience!

Regards to all

Brian Kuszmar
Second Generation Coin Dealer
219 Commercial Blvd
Lbts, Fla. 33308
Questions about Coins, Currency or Precious Metals?
Call me anytime
954-493-8811

greysheet and bluesheet

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