BLUESHEET: WHAT IS THE BEST FUTURE FOR THE BLUESHEET?

CDN Publishing · Aug 23, 2017


One of the things that we feel it is important to do here at CDN is to periodically evaluate our publications and see if there are areas where we can expand coverage to





One of the things that we feel it is important to do here at CDN is to periodically evaluate our publications and see if there are areas where we can expand coverage to put more information in the hands of dealers and collectors. As we have said in the past, we firmly believe increased access to information, especially price information, leads to a more confident buyer and brings in new collectors. One of the major projects that we have initiated in this regard is to expand pricing for grades that we do not publish in print, for example XF45, AU53, AU55, MS61, MS62, MS67. We are methodically working on these prices across the entire series. In most cases, there is not room for these price columns in our printed sheets, however they are available on our website in retail (CPG) format and in Greysheet/Bluesheet tabs for current subscribers.

One topic that we have been discussing and thinking about lately is this publication (the Bluesheet) and its future. It can be very useful for those who understand what it reports and know how to apply it when buying and selling coins, but it is used by a small number of people relative to the Greysheet. In order to both make its use more widespread and also more helpful, we have been evaluating the contents of what we report each week. We are committed to this publication but we also feel it could cover more contemporary needs, like CAC pricing, modern coin pricing (like the ASE’s we now publish in PCGS/NGC 69/70 grades).

Among the question we have asked ourselves: Are certain series necessary to list? Should we move CAC pricing from the Greysheet to the Bluesheet? How important are sight-unseen prices in today’s coin market? We would like to hear thoughts on these topics from our readers, which can be sent to editor@greysheet.com.

THIS WEEK’S MARKET

We have quite a few pricing updates this week, as we have now had the chance to view the full results of the many auction sessions from the ANA World’s Fair of Money. One series in particular to review is Mercury dimes. There had been relatively few sold at auction this year prior to August, but the ANA sales contained many, with mixed results. Some very scarce coins sold for surprising numbers, once again showing the sensitivity buyers have to accurate grading. We also have updates in Classic Commems, Morgan dollars, and Buffalo nickels.

Our next Bluesheet edition will be mailed with the September Monthly Supplement with an updated price analysis on better date Lincoln cents, matte proof coinage, SLQ’s, Washington quarters, Walkers and more.

Comments (3)

  • Byron S Paris

    The blue sheet needs to have a column for Au55, Au58 and Ms60. There are a lot fewer coins graded Au53. Maybe XF45? You need all old type coin series with these grades.

    Sunday, August 27, 2017 2:41 PM EST
    • John Feigenbaum

      These grades are covered in Greysheet. Bluesheet covers certain issues in grade 60-above graded by PCGS and NGC.

      Monday, September 4, 2017 8:31 PM EST
  • John Gibson

    It is interesting that this subject came up at this time. I am an appraiser and broker and help my customers sell their collections to a network of buyers that I have developed over the years. Most recently I liquidated 125 slabbed coins for a client and almost without exception the Blue Sheet showed the value lower than the Grey Sheet. That confused me. Maybe someone can explain why and what the value of the Blue Sheet is when someone had to pay for the third-party grading service, and the raw coin appears to be more valuable than the slabbed coin. Thank you.

    Saturday, August 26, 2017 10:57 AM EST
    • John Feigenbaum

      John, Good question. The reason is that the Bluesheet currently represents "sight unseen" values, or the lowest recent trade value of a coin in a specific holder. We agree that this is confusing and not necessarily as useful as it once was. Thank you for your feedback.

      Sunday, August 27, 2017 10:57 AM EST
  • GARY BURHOP

    You are wise to question what the Bluesheet is for. Over time, it seems it just restates what one grade lower on the Greysheet is supposedly worth. For one who still does shows, most greyhairs carry the greysheet and those with hair use their tablet or phone to see what auction results are and what 'retail', i.e. greysheet lists...despite your applauded efforts to interject retail pricing in The Numismatist and on your website.

    Saturday, August 26, 2017 10:15 AM EST

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