Message:

<p>[QUOTE=&quot;geekpryde, post: 1466825, member: 36248&quot;]Inflation.&nbsp; &nbsp; I am suprised it took 8 posts to get to the primary answer.&nbsp; &nbsp; Even without increased demand, the fact that all things are increasing in prices, and in theory peoples paychecks keep up, mean they have more money to spend on coins, even if that increased dollar amount is only buying the same amount of actual goods.&nbsp;&nbsp; This is the concept of &quot;Real&quot; vs &quot;nominal&quot;, see here <a href="http://en.wikipedia.org/wiki/Real_income" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Real_income" rel="nofollow">http://en.wikipedia.org/wiki/Real_income</a> and here <a href="http://en.wikipedia.org/wiki/Purchasing_power" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Purchasing_power" rel="nofollow">http://en.wikipedia.org/wiki/Purchasing_power</a>. </p><p><br /></p><p>Also, the value of the precious metal in the coins has a direct impact on many series.&nbsp;&nbsp; What you really need to look at is how much coin prices have changed AFTER you remove the effects of inflation, and ideally after you remove the value of the precious metal.&nbsp; &nbsp; That way, you are looking at changes in prices that are caused by demand, and other factors.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>Coins do not always go up i prices, as I am sure you are aware.&nbsp; PCGS publishes a top gainers and losers each week.&nbsp; &nbsp; Also by PCGS is an index of rare coins, problem is, I am almost positive it&#039;s NOT inflation adjusted, as the chart would not look to impressive.&nbsp; &nbsp; Still, this can approximate the overall health of the market if you dont care about the effects of inflation as I outlined above:&nbsp; <a href="http://www.pcgs.com/prices/Graph.aspx?range=1970 to Date&amp;filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/prices/Graph.aspx?range=1970 to Date&amp;filename=index" rel="nofollow">http://www.pcgs.com/prices/Graph.aspx?range=1970 to Date&amp;filename=index</a></p><p><br /></p><p>edit:</p><p><br /></p><p>Check out this link, very informative!&nbsp;&nbsp; <a href="http://qrc.depaul.edu/djabon/cpi.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://qrc.depaul.edu/djabon/cpi.htm" rel="nofollow">http://qrc.depaul.edu/djabon/cpi.htm</a>&nbsp; &nbsp; Want to see what inflation does to the price of bread?&nbsp;&nbsp; Doubled in price from 1980 to 1999, and it ways worse now![/QUOTE]</p><p><br /></p>

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