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<p>[QUOTE="medoraman, post: 4236796, member: 26302"]Hmm, a post on collector's universe actually postulates what I am, it is filled with extremely high dollar items.</p><p><br /></p><p><a href="https://forums.collectors.com/discussion/956360/what-is-the-pcgs-3000-index" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://forums.collectors.com/discussion/956360/what-is-the-pcgs-3000-index" rel="nofollow">https://forums.collectors.com/discussion/956360/what-is-the-pcgs-3000-index</a></p><p><br /></p><p>1794 Specimen silver dollar, along with chain cents in BU, will wipe out thousands of common coin price movements, no?</p><p><br /></p><p>Btw, if your postulation about bullion coins were correct, I wonder why the index didn't hardly move when PM last skyrocketed? If it truly is filled with tons of bullion coins distorting the results, there should have been some kind of correlation when silver spiked to $49 and gold over $1900, but I see nothing really in the chart.</p><p><br /></p><p>Point being overall, investment or collector coins have been a poor investment, especially considering selling costs not even shown in charts like this that make results 15-20 percent worst. Collect coins for the love of it, invest in bullion as a small part of a portfolio if you wish, but always acknowledge you are investing in bullion, and not coins, so premiums that raise your cost are wasted for this purpose.</p><p><br /></p><p>Just my opinion, but I have lost as much or more as others in the markets the last couple of weeks. Like others here said, take this advice for what you paid for it. Honest people do and should differ. I really do like having you here [USER=76863]@baseball21[/USER] and respect your opinion on many subjects. We simply disagree sometimes on a few. You are a knowledgable numismatist without a doubt.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4236796, member: 26302"]Hmm, a post on collector's universe actually postulates what I am, it is filled with extremely high dollar items. [URL]https://forums.collectors.com/discussion/956360/what-is-the-pcgs-3000-index[/URL] 1794 Specimen silver dollar, along with chain cents in BU, will wipe out thousands of common coin price movements, no? Btw, if your postulation about bullion coins were correct, I wonder why the index didn't hardly move when PM last skyrocketed? If it truly is filled with tons of bullion coins distorting the results, there should have been some kind of correlation when silver spiked to $49 and gold over $1900, but I see nothing really in the chart. Point being overall, investment or collector coins have been a poor investment, especially considering selling costs not even shown in charts like this that make results 15-20 percent worst. Collect coins for the love of it, invest in bullion as a small part of a portfolio if you wish, but always acknowledge you are investing in bullion, and not coins, so premiums that raise your cost are wasted for this purpose. Just my opinion, but I have lost as much or more as others in the markets the last couple of weeks. Like others here said, take this advice for what you paid for it. Honest people do and should differ. I really do like having you here [USER=76863]@baseball21[/USER] and respect your opinion on many subjects. We simply disagree sometimes on a few. You are a knowledgable numismatist without a doubt.[/QUOTE]
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