Why should you not trust greysheet values and prices?

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There are many people who are fond of old coins. Undoubtedly they are too old, unique, and attractive as well. Coins play a major role in history as they tell us about the kings of ancient periods. So there are hundreds of organizations which buy and sell ancient coins. If you also have any old coins then you can sell them at a very good price. But if you want to buy then you will get old coins at a very genuine rate. Let us tell you that greysheet is a subscription-based monthly publication that provides wholesale prices for rare coins. They are connected with coin dealers, serious collectors, jewelry shops, pawnshops, and many other such persons which regularly deal in ancient coins.

But many people believe that greysheet is not providing a genuine amount for buying and selling coins. So in this article, you will get to know the reasons why greysheet is not trusted by people. The reasons are as follows:

 Buying Coins from Auctions

  1. The first problem is that they do not have any fixed formula to decide the price of the coins while dealing. There are many websites or organizations which make everything transparent like which formula they are using to calculate the price. But greysheet is not making any of their deals transparent. Basically, they are deciding price with their own thought process rather than facts. Their way of deciding the price of the coins are full of flaws and difficult for another person to understand.
  2. The second thing is the price of their subscription service, it is very difficult for a normal dealer to deal with them. A service should be reachable by a normal person. So if you want to deal with greysheet then you can not do it without the subscription service.

Greysheet has to change their method of doing work. Because earlier it is very easy to hide the wholesale prices. But now people are very advanced and they want transparent deals. If you also want to deal with coins then must visit NUMIIS Coin Values as it is the best place for coin dealings.