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<p>[QUOTE=&quot;CoinBlazer, post: 3205231, member: 94776&quot;]<a href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&amp;filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&amp;filename=index" rel="nofollow">The PCGS 3000</a> is a price index evaluating the value and economy of the rare coin industry,</p><p>&nbsp;Here is the most recent data</p><p><br /></p><p>[ATTACH=full]830563[/ATTACH] </p><p><br /></p><p>I also find this disclaimer interesting</p><p><br /></p><p>Disclaimer: The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. Therefore, the PCGS3000® should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index.</p><p><br /></p><p>What I find interesting about this disclaimer is that it in no way does it explain how these values are created. We can obviously assume that coin values are for PCGS Certified and since NGC beat PCGS to the 40 million graded coins mark it does not show the full spectrum.</p><p><br /></p><p>Another point is the so what factor, I don&#039;t wake up and say, oh boy the PCGS index is up 0.82%! There are very few examples of how this is of any use to anyone. </p><p><br /></p><p><b>Key Dates and Rarities?</b></p><p><b>[ATTACH=full]830569[/ATTACH] </b>The index claims that the Key Dates and Rarities Index is worth $25,000. How is that number is formulated? And how do they decide what is classified as a rarity or key date?</p><p>If they do have a &quot;it is a rarity if it is worth more that 1 million&quot; classification of rarities, that would fall because coin values are volatile and one day the coin may be classified as a rarity this way and the next day it isn&#039;t. And what if at one auction, the coin breaks the million dollar mark and the next auction the same day it doesn&#039;t?</p><p><br /></p><p><br /></p><p>In short</p><p><b>The PCGS 3000 index is arbitrary and its uses are significantly limited.</b>[/QUOTE]</p><p><br /></p>

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