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<p>[QUOTE="FHDave, post: 212981, member: 7359"]GDJSMP, do you have the raw numbers for the graph from the PCGS3000? Graphs are great for a quick "overall" view, but to do a detailed analysis, it takes the raw numbers. I have requested the information from PCGS, but do not know how long it will take to get it.</p><p><br /></p><p>The graph presented actually makes a good argument _for_ long term investing. The PCGS3000 started with a value of $1000 in 1970, it currently is valued at $66,736.04. The annual return is over 12% for anyone who bought the theoritical package of coins in 1970 and has held on to them since. I know that I wish I had $1000 dollars in 1970 (when I was 11) and had bought those coins and put them away some where to have when I retire (hopefully) in 2025. Continuing the 12% return, those coins will be worth over $600,000. That would be a nice addition to whatever else I have available to me for my retirement.</p><p><br /></p><p>Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="FHDave, post: 212981, member: 7359"]GDJSMP, do you have the raw numbers for the graph from the PCGS3000? Graphs are great for a quick "overall" view, but to do a detailed analysis, it takes the raw numbers. I have requested the information from PCGS, but do not know how long it will take to get it. The graph presented actually makes a good argument _for_ long term investing. The PCGS3000 started with a value of $1000 in 1970, it currently is valued at $66,736.04. The annual return is over 12% for anyone who bought the theoritical package of coins in 1970 and has held on to them since. I know that I wish I had $1000 dollars in 1970 (when I was 11) and had bought those coins and put them away some where to have when I retire (hopefully) in 2025. Continuing the 12% return, those coins will be worth over $600,000. That would be a nice addition to whatever else I have available to me for my retirement. Thanks.[/QUOTE]
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