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<p>[QUOTE="FHDave, post: 213276, member: 7359"]No problem, I don't think I was being clear enough. I do see the various charts that will show the past 1 yr, 3 yr, etc. values of the PCGS3000 index. However, if you look at the one that goes back to 1970 when, I think the index was created, it is impossible to get accurate values for any one particular year.</p><p><br /></p><p>For example, looking at the chart for the first few years it appears that for 1970 and 1971, the index had a value of $1000, so therefore the percentage change from 1970 to 1971 would be 0%. Looking at 1972, the value went up, but it is impossible to know if it went up to $1200, $1500, $2000 or some other value. If I can get the specific value for individual years, I can then do a better analysis that can compare investing in coins in a manner that is similar to other investments.</p><p><br /></p><p>I realize there will always be some disagreement as to whether coins should be a pure hobby or not. For those who look at it completely as a hobby, great! I am one who blends the two. I have an enjoyment of the various coins I collect, the hunt for good quality coins at the best grade I can afford (and yes I "buy the coin, not the slab" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> ). I also look at it as a long term investment, one that can be used by myself, if need be, when I retire if I need the funds, or to be left for my children when I'm gone if I don't need to sell off my collection. I don't collect only coins that I think will have the best chance at long term gain, I choose coins that I find attractive and then do the best I can within those areas.</p><p><br /></p><p>Hopefully I've made myself a little more clear this time. And thanks for patience with me. :high5:[/QUOTE]</p><p><br /></p>
[QUOTE="FHDave, post: 213276, member: 7359"]No problem, I don't think I was being clear enough. I do see the various charts that will show the past 1 yr, 3 yr, etc. values of the PCGS3000 index. However, if you look at the one that goes back to 1970 when, I think the index was created, it is impossible to get accurate values for any one particular year. For example, looking at the chart for the first few years it appears that for 1970 and 1971, the index had a value of $1000, so therefore the percentage change from 1970 to 1971 would be 0%. Looking at 1972, the value went up, but it is impossible to know if it went up to $1200, $1500, $2000 or some other value. If I can get the specific value for individual years, I can then do a better analysis that can compare investing in coins in a manner that is similar to other investments. I realize there will always be some disagreement as to whether coins should be a pure hobby or not. For those who look at it completely as a hobby, great! I am one who blends the two. I have an enjoyment of the various coins I collect, the hunt for good quality coins at the best grade I can afford (and yes I "buy the coin, not the slab" :) ). I also look at it as a long term investment, one that can be used by myself, if need be, when I retire if I need the funds, or to be left for my children when I'm gone if I don't need to sell off my collection. I don't collect only coins that I think will have the best chance at long term gain, I choose coins that I find attractive and then do the best I can within those areas. Hopefully I've made myself a little more clear this time. And thanks for patience with me. :high5:[/QUOTE]
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