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<p>[QUOTE="GDJMSP, post: 4586068, member: 112"]Apparently you don't understand how the index works - there are no weights. The index, the part that we see move up and down, is a single dollar amount, plain and simple. And that total dollar amount is determined by the cost of each individual coin (all 3,000 of them) at a given point in time. Some of those coins will have gone up, others will have gone down. But the movement on the graph is determined by the total amount being more or less than it was previously. </p><p><br /></p><p><br /></p><p><br /></p><p>Well, that's where you're wrong - that rising tide does not lift all boats when it comes to coins. To see that you're wrong all you have to do is look at spot price charts and then look at the prices of coins <u>with numismatic value</u>, and you'll quite often and quickly see that while spot prices are going up, the price of the coins is going down. </p><p><br /></p><p>You're right that coins that do not have numismatic value rise or fall the spot price. But coins with numismatic quite often do not.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 4586068, member: 112"]Apparently you don't understand how the index works - there are no weights. The index, the part that we see move up and down, is a single dollar amount, plain and simple. And that total dollar amount is determined by the cost of each individual coin (all 3,000 of them) at a given point in time. Some of those coins will have gone up, others will have gone down. But the movement on the graph is determined by the total amount being more or less than it was previously. Well, that's where you're wrong - that rising tide does not lift all boats when it comes to coins. To see that you're wrong all you have to do is look at spot price charts and then look at the prices of coins [U]with numismatic value[/U], and you'll quite often and quickly see that while spot prices are going up, the price of the coins is going down. You're right that coins that do not have numismatic value rise or fall the spot price. But coins with numismatic quite often do not.[/QUOTE]
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With rising unemployment when will coin market crash?
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