NostoNews, November 1, 2020
by Tommy Jasmin
The Nostomania 500 Comic Book Stock Index
This is old news to the Premium Subscribers, but I hadn't announced it here yet. The Nostomania 500 is now available on the site. Anyone can view the the basic page, but only Premium Subscribers get the daily-updated chart. Once I became confident the math was correct, I was a little startled at what I saw. The algorithm I used is very similar to how the S&P 500 is generated. You will see similarities in index value and range as you go back in time. There is a big exception, however. I expected to see similar corrections during recessions as we see in standard business stock indices, but we don't.
Collectibles seem to be almost recession-proof. What is really interesting is this year, 2020.
We see a small dip during that initial sledgehammer hit coronavirus gave the United Statues,
from roughly March to May. Since then, the market has not only bounced back,
but is doing better than ever. This data confirms what
others are seeing.
Read Mark from NGC's report. This is a really big deal. The implication is
that more and more, investors are going to be drawn into collectibles for
safety and diversification. Some of us might argue that's a bad thing, I know.
But enjoying a hobby and having your assets increase in value is hard to beat.
Though this is the Novemember NostoNews, I am writing on Halloween. I'm not aware of any truly Halloween themed official U.S. coins. You'll see a few articles out there touting some, but they seem to be a bit of a stretch. There are plenty of Halloween themed comic books and magazines of course. One favorite for me is Comic Cavalcade #12, in fact I've probably used this image in Halloween NostoNews in past years. The cover definitely gives you a feeling of simpler times. I know, there were wars and pandemics and everything else back then too, but it still feels like a simpler time.
Thanks everybody, see you back here in a month.
Visit our NostoNews Archive.