Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
"The good old days...."
>
Reply to Thread
Message:
<p>[QUOTE="vavet, post: 378997, member: 11630"]The graph reflects a realistic approximation from the late 90's based on the data used. It does not reflect reality in the early years and lower end coins based on the data used. Sorry for not being more clear about that, but if you recall I am on record as stating that graph does not represent the entire coin market and if it was not weighted, it's bogus. Having dug deeper, I can now state that it's bogus, period. I can also now reaffirm my statement that many graphs are created with the end result predetermined.</p><p> </p><p>The fact that you couldn't find any data going back to 1977 is exactly my point here. There isn't any in the early 70's to fit the coins that make up the index. So why didn't PCGS start that graph when they had sufficient data to make consistant comparisons? Because by going back to 1970 it suggests what someone posted earlier, that the graph looks like a relatively steady increase in values less the spike in the late 80's. That's an illogical comparison and is totally misleading. If you look at that graph starting in 1986 when PCGS was started, and they started getting like information, coin values are a wash after 22 years. Since everything PCGS does is designed to promote their own business and that of their comrades, starting that chart when they had comparable data would look pretty sick, don't you think? </p><p> </p><p>As for the numbers you posted, they do not address the prices for an 1889CC and an 1893S in 1977 and again in 1998 which is the comparison I posted. Of course the numbers from 2001 are going to match the chart. You probably got them from the same source as PCGS. Why don't you just get in touch with PCGS and ask them to supply the price data they used for the coins and years I posted? Fat chance you'll get it though.[/QUOTE]</p><p><br /></p>
[QUOTE="vavet, post: 378997, member: 11630"]The graph reflects a realistic approximation from the late 90's based on the data used. It does not reflect reality in the early years and lower end coins based on the data used. Sorry for not being more clear about that, but if you recall I am on record as stating that graph does not represent the entire coin market and if it was not weighted, it's bogus. Having dug deeper, I can now state that it's bogus, period. I can also now reaffirm my statement that many graphs are created with the end result predetermined. The fact that you couldn't find any data going back to 1977 is exactly my point here. There isn't any in the early 70's to fit the coins that make up the index. So why didn't PCGS start that graph when they had sufficient data to make consistant comparisons? Because by going back to 1970 it suggests what someone posted earlier, that the graph looks like a relatively steady increase in values less the spike in the late 80's. That's an illogical comparison and is totally misleading. If you look at that graph starting in 1986 when PCGS was started, and they started getting like information, coin values are a wash after 22 years. Since everything PCGS does is designed to promote their own business and that of their comrades, starting that chart when they had comparable data would look pretty sick, don't you think? As for the numbers you posted, they do not address the prices for an 1889CC and an 1893S in 1977 and again in 1998 which is the comparison I posted. Of course the numbers from 2001 are going to match the chart. You probably got them from the same source as PCGS. Why don't you just get in touch with PCGS and ask them to supply the price data they used for the coins and years I posted? Fat chance you'll get it though.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
"The good old days...."
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...