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<p>[QUOTE=&quot;baseball21, post: 4592888, member: 76863&quot;]I disagree.&nbsp; If it were the 60s then yes I would agree.&nbsp; However we have so much real time information today and an abundance of resources to see real world sales and prices from actions and such that such a catch all index is essentially worthless.</p><p><br /></p><p>Why would I care about the price trends of a chain cent if I am looking for a seated dollar or a merc that costs $10-20?&nbsp; They&#039;re in no way related nor do their prices follow each other.&nbsp; Who graded the coin and whether or not it is CAC is also completely ignored.&nbsp; We already saw the stupid spike in the 80s from people trying to quantify coins like stocks and dealers more than happy to push that, why are we still making the same mistake with some kitchen sink index decades later?</p><p><br /></p><p>If someone wants to know how something is doing go look at that actual thing and it&#039;s history, if it&#039;s a more expensive item read around too as there will be mentions of a lot of private sales on big ticket items that are for more than reported values.</p><p><br /></p><p>The index lets someone just be lazy and be like look at this market it&#039;s going down or up blah blah without having to have any understanding of it.&nbsp; That to me is dangerous especially when people use it to try and prove something</p><p><br /></p><p>I strongly prefer people actually find the relevant information and join the 21st century using the wealth of information that is available not some outdated awful index that may have been relevant 20+ years ago[/QUOTE]</p><p><br /></p>

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