Reply to Thread

Message:: [QUOTE="GoldFinger1969, post: 3870295, member: 73489"]Have multiple indices....if not 50 names in an index, then no more than 100. GD, the DJIA only catches about 35% of the broad stock market universe; the S&P 500 about 70%.  But those are good enough. I think with coins, where the index is a marketing AND communicative tool, it's not a priority that it reflect the entire coin universe or even a majority of it...just the names that reflect the most interest....buys and sells...Google hits...Ebay/HA/Stacks searches.....dealer inquiries....LCS inquiries....Coin show inquiries...etc. Off the top of my head....and I admit I don't know as much about the entire coin hobby as you guys....but off the top of my head, you'd want to include Saints, Liberty DEs, Barbers, Franklins, Lincoln Pennys, Buffalo Nickels, Draped Busts, Peace Dollars, Indian Heads, and Walking Liberty's. That is 10 different coins where you can have anywhere from 10-40 entries depending on how many you want from each coin type (and again, if you have only a few Saints or whatever, you can include an average of different mints or grades to broaden it a bit). I'm sure I left out a few key coins, again, feel free to let me know here.  But it's alot less unwieldly than dealing with 3,000.  That's for the Russell 3000 index !![/QUOTE]