The Greysheet is a series of weekly newsletters that provides timely and accurate wholesale information on the bid and ask prices of U.S. coins, as of 2015. The bid price is the price that dealers pay to obtain the coin, and the ask price is the selling price.
Greysheet is the nickname for the Coin Dealer Newsletter, or CDN, which has been in circulation since 1963 and earned its nickname because of the grey paper on which CDN prints it. The Coin Dealer Newsletter is a widely trusted resource because the publishers do not sell or buy rare coins, and they offer unbiased information.
A dealer may not always charge or pay the same prices listed in the Greysheet, as retail price negotiations are a matter of discussion between the dealer and the customer, and often the listed prices are for wholesale purchases. The Greysheet offers price listings for a wide variety of grades.
Individuals can purchase the Coin Dealer Newsletter by subscribing or by directly purchasing a sample pack of the most recent seven issues. Although negotiations are still likely, current Greysheet prices allow for a fair discussion when buying or selling coins. The Red Book is a more ideal option for people who want to identify, grade and value their own coins.