Login

I. R. Bama's Blog

28 Jul 2020

Coin Price Lists

Coins-United States | I. R. Bama

I'm not sure if this is an appropriate blog topic or whether this should be a thread post. So feedback for next time will be instructive as how to address these questions....My understanding is that Grey Sheet prices are wholesale, i.e. dealer's prices of acquisition. PCGS lists are market value, what you would expect a dealer to offer a coin at a price point.I've also been told Grey Sheet prices are marked up 20-40% over Grey Sheet price points.
Please clarify and set me straight!

Comments

Mike B

Level 7

NGC has the same list even more than some . If you get the app NGC verification app. You put in the certification number and if it has a price it comes up with the picture of the coin the description of the coin. They also have a price list. . The thing is that NGC is so big and has so many services yo have to find it. It has a whole thing on grading. I believe you have to join . Not for the app.

coinfodder

Level 4

PCGS, NGC, or The Red Book are my sources.

I. R. Bama

Level 5

I haven't seen the NGC list, thanks, I'll look for that too

Longstrider

Level 6

I like to use ebay "sold" prices when I am buying. I use everything. Auction prices are just crazy know with people doing registry sets. Sounds like your plan is working. Why change it?? Good luck and thanks.

I. R. Bama

Level 5

I've been using PCGS' list and negotiating down from there with dealers. If I have the grey sheet available, I add 20% to that price and offer that. Seems to work pretty well. Rarely do I get a dealer who doesn't agree to my offered price

Mike B

Level 7

I use many different courses of prices then found them out. That's only if I'm selling what I collected.

RuralRon

Level 3

NGC and PCGS give you a fair market value. Greysheet will tell you if the price quoted is retail or wholesale. your best bey is to look at them all as well as action records. NGC tells you when the coin price was updated. You can also click on a grade and get a price history. There are others out there as well but I dont think they are as documented or consistent.

Grey sheet is dealer prices, although some collectors use it as their price guide. CDN, which publishes greysheet, also publishes a retail price guide which is pretty accurate. The best thing to remember is that these are all price GUIDES, not written in stone. I know some dealers who pay back 15% back from greysheet because of collectors using it as a retail guide. The best thing to do is to check auction prices realized to get a great picture on how much a coin is going to be.

I. R. Bama

Level 5

Great tip Big Nub! Thanks!

Golfer

Level 5

I think you got it right. PCGS shows a value you might expect to pay. Grey sheet is more of what dealers might offer or trade at.

We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.