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Message:: [QUOTE="GoldFinger1969, post: 3863785, member: 73489"]I looked at the area I have some expertise in....Saints.  It is ridiculous. The purpose of an index is to have a SMALL number of items reflect the larger universe.  It defeats the purpose of an index to have 70% of the universe represent 100% of the universe. You have 32 Saint-Gaudens coins....ridiculous. You probably should have an index of 50 coins with maybe 5 Saints or 100 coins AND grades with 10 Saints.  If you want, go with 50 and for the Saint submissions for a year/mint, AVERAGE the price for a couple of key grades, like maye MS65 and MS66 for the 1924 and/or 1927 common Saints. No need to see prices for non-MS for that year (it's not saving you lots of $$$)....no need to go to MS-67 or MS-68 (hardly any coins in that condition). The key is to go with LIQUID COINS (by type, mint, year, grade) so that an infrequently-traded coin does NOT come up for sale every 4 years and some billionaire buys it at a 50% premium to the last price years ago. Not sure when this PCGS 3,000 Index was created and I know that coins are not liquid financial instruments so it's not easy to create an index.  But they should re-do it OR just create a new one....that is simpler, less names, more popular coins, more liquid traded coins, etc.[/QUOTE]