I love the connection with that song. I knew it right away when you started saying it I wish they played it more on the radio. PS I love your videos. I watch them all the time. Keep up the good work.
I recently purchased a proof coin from the 1860s. Known mintage is 600, but the combined PCGS and NGC certified pops was a little over 600. I realize that's probably crackouts, but you're almost certainly right that almost the entire mintage of proof coins was saved.
Thank you for answering my question I have always wondered why dealers only use the Greysheet by the way my name is Daryle and I’ve been to your store several times. Thank you.
the Carson City show used to be in the old CC mint it was in the late 90's to 2005. Very interesting place, the dies they found buried in what is now the parking lot and there was a complete set of CC 420 on loan from a collector
PCGS and NGC prices are super high retail. When I got into the trade, first as Metal Therapy, I used prices in a magazine and that was a mistake. Was bidding and buying online. Winning every auction with those prices. Use Greysheet as a guide. They are all just a guide.
@@TheCoinGeek I can screen shot it but I'm not sure how I would send it to you . But on most of your videos for some reason it won't let me leave you any comments. And I watch all your videos Ben I've learned so much from you but can't comment . It might just be a technical issue. I'm wondering if anyone else has this issue .
I got a 2009 D Formative Lincoln graded in 2017 by PCGS they graded it MS67 it was worth $1,500 at the time then people started selling some at like 200 they totally destroyed the value now it’s worth 140
PCGS and NGC are selling a service. Their "price list" is really advertising telling would be customers that their coin could get this much if they use their service. Always be suspicious when a grading company "price" their own product.
I totally disagree with that thought there are enough research to get a base line for coin pricing in certain grades there should be enough data out there to get a basic price for common date common grade coins I honestly think a lot dealers don’t want a structured price schedule they want the Wild West always remember just because a buyer over pays for a coin does not now make those coins worth that amount also if auction happens and guy get coin dirt cheap suddenly those coins are not cheap this is the main issue why more people get out of coins because they get burned a dealer over charged them for coin they go sell it 5 years later only to realize they got burned all dealers are guilty of what they don’t know won’t hurt them dealers are a lot like politicians hard to trust
If NGC and PCGS were to put their money where their mouths are on the price guide for what they would buy their own coin holder back for, I bet those prices would be below bid by about 30%
I am confused about the purpose of graysheet. I wanted to sell to a couple of dealers and each offered less than graysheet. I always thought graysheet was the lowest cost between dealers. Why are dealers offering me nearly 20% less than graysheet. Those dealers left me confused and angry.
Grey sheet tried to maintain accurate pricing on dealer to dealer pricing- but a dealer can’t buy at greysheet and sell at greysheet and stay in business. IF they actually can sell every coin they buy at a retail number then they can afford to pay greysheet …. But that is making a lot of assumptions about what the public is willing to pay for coins. Many members of the public want to buy also at greysheet for more common coins . None of it is set in stone
Si, it’s Ocho Reales, for reals, for reals; at least according to the #1 DODGERS’ fan, George Lopez ! However I thought one should always say: this coin trades for ______ , rather than this coin trades at ______ . Therefore, at ease, Ben, “The Coin Geek.”🤓 ⚾️⚾️⚾️ ROGER, The LOS ANGELES DODGER
