Recently we had a very rare coin for sale. The CDN (gray sheet WHOLESALE bid/ask) on the coin was $121,000/$131,000.00. We were offered $130,000.00 for the coin by a collector.
Sounds reasonable-but it was far from what the coin was worth. The collector had no other information to go on. We missed placing the coin with him, and he most likely will never buy one because they all will be too expensive...
Full Article: Coin Pricing Guides - Legend Numismatics

