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<p>[QUOTE=&quot;GDJMSP, post: 3205952, member: 112&quot;]The value of the 3000 Index, and the various other indexes that it is comprised of, is that it shows us the trend of the market, as well as specific portions of the market. That is the very reason it was created to begin with, and why the individual coins that make up the entire Index were chosen for inclusion in the Index !</p><p><br /></p><p>To claim that the 3000 Index has no value to collectors or dealers would be akin to saying that the DOW, the S&amp;P 500, or any of the market indexes have no value to traders on Wall St. ! </p><p><br /></p><p>The 3000 Index is immensely valuable to collectors and dealers ! But before it can have any value to you, you first have to know what it is, and then how to use it ! But if you don&#039;t, then yeah, you&#039;re right, it has no value at all.</p><p><br /></p><p>Let&#039;s say you&#039;re a coin dealer, it&#039;s the end of 2016, and you&#039;re trying to figure out what&#039;s likely to happen over the course of the next year. and you look at this chart - </p><p><br /></p><p>[ATTACH=full]830952[/ATTACH] </p><p><br /></p><p>What&#039;s that tell you that is likely to happen to the coin market in the coming year ? Realizing and understanding that the chart shows you the trend of the coin market as a whole. Can you honestly say that is of no value to you ? I sure couldn&#039;t !</p><p><br /></p><p>Now let&#039;s say that year is over and it is now the beginning of 2018, and you look at this chart - </p><p><br /></p><p>[ATTACH=full]830955[/ATTACH] </p><p><br /></p><p><br /></p><p>What&#039;s that tell you ? Well it tells me that my guess at what was likely to happen in 2017 was correct, and things don&#039;t really look any better for 2018.</p><p><br /></p><p>But now, it&#039;s the beginning of Oct. 2018, and as I always do I go check the charts to see the trend of the market shows me now. First i look at the 10 year - </p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/mpeace10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Ahhhh, maybe, at last things are beginning to turn around for the first time in 10 years ! Maybe, just maybe, the coin market has finally reached the bottom of its correction. So then I look at the 3 year to get a closer look.</p><p><br /></p><p><br /></p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/mpeace5graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Yup, a noticeable increase. Significant ? Not really but at least it&#039;s a good sign. But I can plainly see from the 10 year chart that in 2014 the market tried to stabilize but then quickly fell off a cliff again and continued its downward trend. So let&#039;s not get to excited yet, but I know I need to keep an eye on things. After all, if I go back and look at the long term chart - </p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>And I blow it up so I can get closer look, I can see that the last time the market was this low was clear back in 2003, shortly after the bull market got started. And because I pay attention and follow these charts from time to time to understand the trends, I know that markets always try to find a bottom when they are in a correction. So maybe, just maybe, after 15 years of riding a yo-yo, things might be starting to get back to normal again. </p><p><br /></p><p><br /></p><p>But wait a minute, what is and always has been the most popular segment of the coin market - silver dollars ! Yup, silver dollars. So let&#039;s take a look at those and let&#039;s see what&#039;s goin on.</p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/mpeace10graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Well whaddya know, that graph almost mirrors the trend of the entire market. Let&#039;s see what the 3 year looks like - </p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/mpeace5graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>Yup, about the same. &#039;Course I already know if I look at the 1 year it&#039;s gonna show a more marked increase, </p><p><br /></p><p><br /></p><p><img src="https://www.pcgs.com/PCGSMedia/graphs/mpeace2graph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>But that can be somewhat misleading at times because it doesn&#039;t do as good a job of showing me the trends, it just shows short term movements in the market. </p><p><br /></p><p>But nahhhh, knowing stuff like that isn&#039;t of any value to anybody, least of all a coin dealer or a collector. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>And yes, I am indeed trying to be sarcastic here - but only to make a point.[/QUOTE]</p><p><br /></p>

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