The Certified Coin Dealer newsletter (CCDN), more commonly known as the "Bluesheet", was first published in 1986 when certified coins became available. A certified coin is one that has been examined by a "third-party" grading authority and given a certificate of their opinion on its proper grading. After authentication and grading, each coin is then encapsulated in a plastic "slab" to prevent any damage to it, and to "permanently" join their certificate to the coin. Certification is somewhat controversial, due to the many different agencies certifying coins. The most popular services all use the same words and numbers to describe the coins; unfortunately, not all services use the same definitions for the same words. Consequently, Bid prices for certified coins of "identical" grade but graded by different services will vary by a wide margin.
The CCDN reports thousands of wholesale prices for coins graded by the most popular services. On a weekly basis, it covers coins graded by the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corp. (NGC). Once each month subscribers receive a free update on many of the same coins as certified by ANACS, Photo-Certified Coin Institute (PCI), Independent Coin Grading Company (ICG), Sovereign Entities Grading Service (SEGS), International Numismatic Society (INS) and the Numismatic Certification Institute (NCI). PCGS & NGC are the most popular services, and their standards are essentially identical; these are also the standards used by the CDN for our pricing charts.
There are two very important distinctions between the CDN "Greysheet" and the CCDn "Bluesheet". The CDN reports wholesale BID and ASK prices for properly-graded coins ("Raw" or "Certified"), on a sight-seen basis. The CCDn reports wholesale Bid prices for certified coins on a sight-unseen basis. The sight-unseen certified marketplace has been extremely volatile in the past, a function of the now largely-discarded belief that all rare coins could trade sight-unseen (that is, as long as PCGS or NGC said the coin was an MS63, there was no need to examine the coin before purchase; dealers today have demonstrated that they still wish to examine coins before paying their top price - although they may also be willing to make a sight-unseen Bid at a lower level). As the market for certified coins expanded, and as additional services were started, the CCDn responded to those changes; should additional services become popular with the market, they will also be included. Our goal is to provide the wholesale information that the market needs to make informed buying and selling decisions.
The Bluesheet includes Commemoratives, both Silver and Gold, in conditions of MS-61 through MS-67; Morgan Dollars from MS-61 through MS-67, including MS-63 through MS65 Deep Mirror Proof Like coins. Peace Dollars are reported in MS-61 through MS-67. Mint State and Proof Type Coin Bids are reported for 92 different series in grades of MS-61 through MS-67, and Proof-61 through Proof 67. Proof Gold Type coins are reported in grades PR-61 through PR-67, while Mint State Gold Type Coins are listed in MS-61 through MS 67.
Some of the better date coins from the modern series, usually reported as Type coins, are listed. All Buffalo Nickel Bids are reported in MS-63 through MS-67; all Mercury Dimes are priced from MS-64 through MS-67, both with Full-Bands and without (Full Bands on a Mercury Dime means that the strike is sufficiently full to discern the separation of the "bands" surrounding the Fasces on the Reverse [back] of the coin). Any of the grading guides we recommended earlier will explain this more fully. Walking Liberty Half Dollars, considered by many to be one of America's most beautiful coins, are listed for the entire series in MS-61 through MS-67. Proof Singles from 1936 to the 1950s are listed in grades from PR-61 through PR-67.
Once each month, the CCDn also reports wholesale prices on specialty areas of the market. Covered are Prooflike Morgan Dollars (not quite as reflective as Deep Mirror Proof-Likes), Early Gold Type coins, Standing Liberty Quarters, Franklin Halves, and Saint-Gaudens $20 Gold, Better Date issues, and Matte Proof issues. These pricing supplements are of real value to the specialists in these series. Also once each month, the Bluesheet reports on the Lowest Asks, Last Trades, or Auction Transactions reported during the previous 4 weeks. These selling prices were previously reported in a separate publication, the CCDn ASKSHEET, but are now incorporated in the Bluesheet at no extra charge!