CDN Publishing
 | |
| Subscription based | |
| ISIN | 🆔 |
| Industry | History, research |
| Founded 📆 | 1963 |
| Founder 👔 | |
| Headquarters 🏙️ | Virginia Beach, VA, U.S. |
Area served 🗺️ | |
Key people |
|
| Products 📟 | magazine, pricing, news |
| Members | |
Number of employees | |
| 🌐 Website | https://www.greysheet.com |
| 📇 Address | |
| 📞 telephone | |
The Greysheet publication (also known as The Monthly Greysheet) was launched in 1963 by CDN Publishing and contains wholesale rare coin pricing. The Greysheet serves as one of several specialist sites that can be checked for coin pricing, along with sites such as Coinquest and ApMex.[1]
Originally published as The National Coin Brokers Bulletin and eventually as The Coin Dealer Newsletter, the Greysheet is geared toward coin dealers, shop owners, serious collectors, investors, jewelry stores, and pawn shops. The publication is sometimes dubbed "the secret coin dealer pricing guide" and was originally printed on gray photocopy paper, lending to its "Greysheet" name.[2] Today the publication is printed as a 100-plus-page magazine on a monthly basis. In 2018, CDN added pricing of modern China coin issues like Panda gold coins and Lunars and has also added many US series in recent months.
History[edit]
CDN Publishing and its first weekly Greysheet publication were unveiled on June 12, 1963 during the height of the coin roll market boom, when rolls of then-contemporary US coins such as Lincoln cents, Jefferson nickels, 90% silver Roosevelt dimes and Washington quarters, Franklin half dollars, and even silver dollars from a few decades earlier, were trading at escalating prices. Pricing information was largely derived from sources based on the teletype coin exchange, then a new-fangled concept in the coin industry. Early on, the Greysheet was helmed by Orvil L. Payne, though associate editor Allen Harriman eventually took editorial reigns in October 1964, staying on in that position through June 1984.
Even after the coin roll boom burst in the mid 1960s, Greysheet continued publishing coin roll prices but also began expanding into other areas of the market. By the 1970s, Greysheet was regularly reporting on so-called singles pricing (prices for just one coin as opposed to roll-size quantities) for Morgan and Peace dollars, commemorative coins, and other popular series. The Greysheet also expanded into publishing proof and mint set pricing, type coin prices, and various series from the catalog of US gold coins.
Several new subsidiary publications were unrolled from the mid 1970s through early 1990s to complement the information found in the weekly Greysheet. These include the Monthly Supplement (originally Monthly Summary), which launched in August 1976 and contains expanded grade-based pricing as well as detailed coverage of earlier series, such as Liberty Seated coinage. In September 1980 came the first Greensheet, featuring a variety of prices for US paper currency. On August 22, 1986, the first Bluesheet was published, with prices reflecting sight-unseen trades of third-party-certified coinage, still a novel concept in the mid 1980s. Finally, in January 1992 the premier issue of the Quarterly newsletter was published; the original purpose of the quarterly was to, over the course of four issues in a calendar year, cover in extensive detail the gamut of major and minor series, including half cents, large cents, two- and three-cent pieces, half dimes, dimes, twenty-cent pieces, quarters, half dollars, silver dollars, various gold series, and early/classic proof coinage.
Other changes came to the Greysheet in the 1980s and '90s, including those in ownership. After Harriman stepped down as full-time editor in 1984, he transitioned into a consulting editor role alongside new editor Dennis R. Baker, the latter of whom served as editor throughout the rest of the decade. Harriman passed away in 1985, by which time ownership of the CDN family of publications was heading into the hands of Pauline Miladin and her son, Ron Downing. Downing ran the publication until his untimely death in 1997.[3] At that point, Ron Downing's son, Shane, took over the publication. Shane Downing was no stranger to the industry, having been a typesetter for CDN since the mid 1980s. Shane Downing continued running the publication until 2015, during his hard-fought battle against colon cancer; he died on June 18, 2015, at the age of 47.[4] By the end of summer 2015, the Downing family had sold CDN Publications to John Feigenbaum, who moved the company from Torrance, California, to Virginia Beach, Virginia, and expanded the staff. In early 2018 came the introduction of the CPG Coin & Currency Market Review; all of the weekly, monthly, and quarterly Greysheet publications along with the Bluesheet (not including the Greensheet) were rolled into a single monthly publication as of May 2018 known as The CDN Monthly Greysheet. Greysheet is primarily used by coin dealers as a reference for wholesale prices whereas the CPG Coin & Currency Market Review reports retail pricing.[5]
Related Publications[edit]
CDN Publishing also publishes the Greensheet, which represents wholesale pricing for U.S. paper money collectors. In January 2018, CDN introduced the CPG Coin & Currency Market Review, a retail-price magazine that complements the Greysheet and Greensheet wholesale prices. In August 2019, CDN launched the CAC Rare Coin Market Review, a retail price guide of CAC-approved PCGS and NGC certified coins.
Partnerships[edit]
2017: CDN Publishing entered a partnership with the American Numismatic Association to provide the pricing in the non-profit organization's official monthly publication, called The Numismatist.[6] 2017: CDN Publishing entered a partnership with the estate of Eric P. Newman, and the Newman Numismatic Portal. The NNP scanned and digitized the entire historic catalog of Greysheet publications in their project granted in association with Washington University in St. Louis.[7]
2018: CDN Publishing and CDN Exchange entered a partnership with EBay as a trusted network of dealers who are reliable sellers with a reputation in the rare coin industry.[8]
2019: CDN Publishing and Certified Acceptance Corp (CAC) Certified_Acceptance_Corporation entered an agreement for CDN to provide pricing for users reference on the CAC web site in conjunction with the CAC population report.[9]
Citations[edit]
- ↑ Taylor, Michael (August 5, 2020). "Taylor: Coin collecting a fine hobby, but not a good investment". Beaumont News. Beaumont, TX.
- ↑ "How Do Coin Dealers Decide On Prices?". The Spruce Crafts. Retrieved 2019-01-13.
- ↑ "Coin Dealer Newsletter Publisher Shane Downing dead at 47". Coin World. Retrieved 2019-03-18.
- ↑ Bisognani, Jim (2015-07-10). "Shane Downing - A Tribute To An Unsung Hero Of Numismatics". CoinWeek. Retrieved 2019-03-18.
- ↑ Joshua (2015-06-30). "How To Buy Coins At Discounted Prices When You're On A Budget - Insider Tips From A Longtime Coin Collector | The U.S. Coin Guide". U.S. Coin Guide. Retrieved 2019-03-18.
- ↑ "ANA Announces Collaboration With CDN" (PDF). American Numismatic Association. 2017. Retrieved May 1, 2019.
- ↑ Wayne, Homren. "Coin Dealer Newsletter (CDN) Partners with Newman Numismatic Portal (NNP)". The E-Sylum. The Numismatic Bibliomania Society (NBS).
- ↑ "First CDNX Money Auction On eBay Begins". The CDN Blog. 2019. Retrieved May 1, 2019.
- ↑ "CAC Population Report and Price Guide". CAC. 2019. Retrieved December 1, 2019.
External links[edit]
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