NostoNews, May 1, 2017
by Tommy Jasmin
Top 100 Lists Extended with 5, 10, and 15 Year Gain/Loss Percent
Hi everybody and happy spring. Assuming of course you live somewhere with seasons, like I do. So what have we been up to this past month here at Nosto? Well, we started work on Nostomania Stores, which will probably end up being similar to eBay Stores, but much more affordable. I can't say for sure how long before this feature will be ready, possibly next month.
Meanwhile, one new feature we hope you check out is the extension we made to our Top 100 lists. Since we have the data, we figured at this point why not go as far back as 15 years when possible? This has been coded for our three currently supported categories: Comic Books, U.S. Coins, and Magazines.
Go take a look and kick yourself up a bit over what you should have bought 15 years ago!
What are some of the lessons here for comic books? Don't beat yourself up too much. Who would have thought to invest in super high grade copies of early Archies? Who would have thought the comic market would still be so healthy in the smart-phone era? I tell you what though, never underestimate a kick-ass cover. Go check the long-term gains for Marvel Mystery 46 and Pep Comics 34.
For coins, it's clear many of the Top 100 coins are variants that over time, PCGS over time decides should get their own designation with new PCGS ID numbers. Since these coins were previously lumped in with other designations, they are often rare and end up landing on our Top 100 list, once separated out.
For magazines, the truth is our pricing algorithms are still struggling to handle the limited number of available sales, and the pricing can be slightly erratic at times. We're working hard on pricing code enhancements though, and I am confident by the end of the year all of our pricing data will be tough to beat. I'd love to give a teaser as to some of the algorithm changes but no worries, I'll be sure to crow about it as they roll out :-)
Thanks everybody, see you back here in a month.
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