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<p>[QUOTE="GDJMSP, post: 3862705, member: 112"]OMG !!! The #1 PCGS fanboy is bad mouthing PCGS <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Somebody call Chicken Little cuz the sky must definitely be falling <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>OK baseball, enough with the funnies, I'll be serious now. It might help, you, if you understood the history of the PCGS 3000 Index. When it was put together some of the so called best and brightest minds in numismatics sat down and put it together. And they didn't just pick things out at random, a lot of time, effort, and work went into it. They discussed and discussed, reached a consensus, and picked out specific coins in specific grades from among the gamut of US coins in order to put together <u>a basket of coins that would best represent the US coin market as a whole.</u> They picked out coins that - were most often traded, and of high popularity among collectors. And not just those big money guys went after, they also included those the meat and potatoes guys went after too. </p><p><br /></p><p>Their intent was to create this Index so they would have something to track, something that could be tracked, that would allow anyone and every one to see at a glance <u>the general trend</u> of the US coin market as a whole. And to allow people to get a closer look, they broke down the overall Index into individual Market Segment Indexes, specifically so people wouldn't have to "try and analyze a market segment" - they would also be able to see <u>the trend of that individual segment</u> at a glance. Individual indexes like these - </p><p><br /></p><p>[ATTACH=full]1021840[/ATTACH]</p><p><br /></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/generic-gold-coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/generic-gold-coin" rel="nofollow">https://www.pcgs.com/prices/coin-index/generic-gold-coin</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/mint-state-rare-gold" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/mint-state-rare-gold" rel="nofollow">https://www.pcgs.com/prices/coin-index/mint-state-rare-gold</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/proof-gold-coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/proof-gold-coin" rel="nofollow">https://www.pcgs.com/prices/coin-index/proof-gold-coin</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/mint-state-type" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/mint-state-type" rel="nofollow">https://www.pcgs.com/prices/coin-index/mint-state-type</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/proof-type" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/proof-type" rel="nofollow">https://www.pcgs.com/prices/coin-index/proof-type</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/morgan-and-peace-dollar" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/morgan-and-peace-dollar" rel="nofollow">https://www.pcgs.com/prices/coin-index/morgan-and-peace-dollar</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/silver-and-gold-commemorative" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/silver-and-gold-commemorative" rel="nofollow">https://www.pcgs.com/prices/coin-index/silver-and-gold-commemorative</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/twentieth-century" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/twentieth-century" rel="nofollow">https://www.pcgs.com/prices/coin-index/twentieth-century</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/pcgs3000" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/pcgs3000" rel="nofollow">https://www.pcgs.com/prices/coin-index/pcgs3000</a></p><p><br /></p><p><a href="https://www.pcgs.com/prices/coin-index/key-dates-and-rarities" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/coin-index/key-dates-and-rarities" rel="nofollow">https://www.pcgs.com/prices/coin-index/key-dates-and-rarities</a></p><p><br /></p><p><br /></p><p>Now if you take all of those individual market segments, and combine them, it's kind of hard to say that they don't do a pretty fair job of representing the US coin market as whole. </p><p><br /></p><p>And you have to keep in mind that the purpose of these indexes is not to track any individual coin, or even any specific value. Their sole purpose is to allow anyone who looks at them to see <u>the general trend,</u> of the market as a whole, or specific segments of it, at a glance. </p><p><br /></p><p>And that, they do, and do very well.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3862705, member: 112"]OMG !!! The #1 PCGS fanboy is bad mouthing PCGS :jawdrop: :wideyed: :woot: :eek: Somebody call Chicken Little cuz the sky must definitely be falling :D :D OK baseball, enough with the funnies, I'll be serious now. It might help, you, if you understood the history of the PCGS 3000 Index. When it was put together some of the so called best and brightest minds in numismatics sat down and put it together. And they didn't just pick things out at random, a lot of time, effort, and work went into it. They discussed and discussed, reached a consensus, and picked out specific coins in specific grades from among the gamut of US coins in order to put together [U]a basket of coins that would best represent the US coin market as a whole.[/U] They picked out coins that - were most often traded, and of high popularity among collectors. And not just those big money guys went after, they also included those the meat and potatoes guys went after too. Their intent was to create this Index so they would have something to track, something that could be tracked, that would allow anyone and every one to see at a glance [U]the general trend[/U] of the US coin market as a whole. And to allow people to get a closer look, they broke down the overall Index into individual Market Segment Indexes, specifically so people wouldn't have to "try and analyze a market segment" - they would also be able to see [U]the trend of that individual segment[/U] at a glance. Individual indexes like these - [ATTACH=full]1021840[/ATTACH] [URL]https://www.pcgs.com/prices/coin-index/generic-gold-coin[/URL] [URL]https://www.pcgs.com/prices/coin-index/mint-state-rare-gold[/URL] [URL]https://www.pcgs.com/prices/coin-index/proof-gold-coin[/URL] [URL]https://www.pcgs.com/prices/coin-index/mint-state-type[/URL] [URL]https://www.pcgs.com/prices/coin-index/proof-type[/URL] [URL]https://www.pcgs.com/prices/coin-index/morgan-and-peace-dollar[/URL] [URL]https://www.pcgs.com/prices/coin-index/silver-and-gold-commemorative[/URL] [URL]https://www.pcgs.com/prices/coin-index/twentieth-century[/URL] [URL]https://www.pcgs.com/prices/coin-index/pcgs3000[/URL] [URL]https://www.pcgs.com/prices/coin-index/key-dates-and-rarities[/URL] Now if you take all of those individual market segments, and combine them, it's kind of hard to say that they don't do a pretty fair job of representing the US coin market as whole. And you have to keep in mind that the purpose of these indexes is not to track any individual coin, or even any specific value. Their sole purpose is to allow anyone who looks at them to see [U]the general trend,[/U] of the market as a whole, or specific segments of it, at a glance. And that, they do, and do very well.[/QUOTE]
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