Platform Updates & Introducing: Sugar Packets

We continuously update our platform and try to incorporate your feedback as soon as possible. Here is a quick review of the latest activity since our Beta launch on March 21:

- we have received a request to add a new collectibles category to ColFolio: Sugar Packets
- feedback on usability improvements and
- several bugs were reported and corrected

The new Sugar Packets category is an answer to one of our most enthusiastic user: “fazerco” and we are glad that we could fulfill his request. Over the past few months we worked hard to build a platform with the goal to be flexible and to meet the requirements of even the most detail oriented collectors. The Sugar Packets catalog allows collectors to add as many as 20 descriptive fields and per request this can be even further improved:

Sugar Packets Catalog

Sugar Packets Catalog

On the usability improvement side we were focusing mostly on the new item additions. Per your request now is possible to select the default picture when adding new items to the database:

New item upload: default picture selection

Our Powerful tool to filter the database has been improved and tens of different criteria/data type including: Country, Face Value, Issue Date/Year or in case of coins: Production Type, Weight, Size, Mint, Mint Mark etc. has been added.

Log in or sign up today to get instant access to all the new features.

Testers wanted: ColFolio Beta is Now Online!

ColFolio.com - Beta Version

The Beta version of ColFolio, the platform developed for collectors to facilitate the management of stamps, coins, banknotes, token and other collections is now being released for testing and we’re asking for feedback!

Before you get started, there are a few things you should know:

What is ColFolio? – ColFolio.com is a comprehensive, user driven coins, banknotes, stamps, token and other collectibles inventory management system and a new way to identify, catalog, manage and (still under development) appraise your collection at current market value.

This is a REAL beta – This means that you will be using a version of ColFolio that is not yet ready for public release. You should be prepared to find things which don’t work perfectly so please give us feedback on how to make ColFolio better. You can give us feedback by sending email to ColFolio @ gmail.com . The more feedback you give us, the better!

We’re small but growing – Right now our database is small, around 6,500 items. That means that sometimes you might not find what you are looking for. If that happens, please help us developing the database by adding your collection to ColFolio. You will notice that we have several tools to facilitate this: ex. clone existing items. Our goal is to have as many items in our database as possible and we thank you in advance for helping to build ColFolio.

We’re getting smarter – Our platform will get smarter and better over time. Right now it is like babies, but will grow up fast as more and more people use ColFolio. We will be updating our platform and content with new material daily.

We like criticism – As a new site, we’re sure you can find lots to criticize – remember, though, we’d prefer constructive criticism, so we can make the site better. And please send your criticism to us at ColFolio @ gmail.com before you post it on your blog! Remember the old saying before posting: “If you don’t have anything nice to say, don’t say anything at all!”

Share the love – Although ColFolio.com is in BETA release, it is not really publicly launched yet and we are still working on the development, we’re no longer keeping the details under wraps — and you’re welcome to invite your fellow collectors.

Thanks for trying ColFolio. Please let us know what you think!

The ColFolio Team

ColFolio.com status update: preparing for beta release

Colfolio.com is getting closer to the Beta Release. We are excited about the features the platform will offer. Watch this video (in HD for best quality) for a preview:

 

Acquisition of a new domain name: COINS.info!

We are glad to announce the acquisition of a new category domain name: Coins.info! We hope that with the acquisition of this domain name we will be offering an intuitive way for coin collectors to reach our platform. Right now www.coins.info points to our homepage, but when the site will be launched, the coins category of ColFolio can be reached through this substantially shorter URL.

Here is a quick pick at what to expect from the coins database and inventory management platform:

ColFolio.com - Coins database and inventory management platform

ColFolio.com – Coins database and inventory management platform

ColFolio.com - Coins: United States 1 Dollar 1794_most expensive coin

ColFolio.com – Coins: United States 1 Dollar 1794

Stay tuned, we are launching soon! In the mean time don’t forget to bookmark us and catch our updates through Twitter and Facebook and sign up for our mailing list to receive an invitation to beta test our product!

Stamp collecting: Hobby or Investment?

Inverted Jenny

An “Inverted Jenny” was sold at an auction in June 2005 for $525,000.

Few hobbies are pursued as universally as stamp collecting. Although the vast majority of collectors are looking at this as a hobby, a study shows that this passion is among the top four investments of the 20th century, producing the second best annual returns.

A 2009 study by two finance professors, Elroy Dimson at London Business School and Christophe Spaenjers at HEC Paris, of the investment performance of British collectible postage stamps between 1900-2008 shows an annualized return of 7% in nominal terms, or 2.9% in real terms:

Mean nominal returns

Real returns

Geometric

Arithmetic

Geometric

Arithmetic

Stamps

7.00%

7.70%

2.90%

3.60%

Equities

9.20%

11.20%

5.10%

7.00%

Bonds

5.40%

6.00%

1.40%

2.30%

Treasury Bills

5.00%

5.10%

1.10%

1.20%

Art

6.40%

7.30%

2.40%

3.20%

Gold

4.70%

6.10%

0.70%

2.00%

Inflation

4.00%

4.20%

Source: Ex Post: The Investment Performance of Collectible Stamps http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1444341

Stamp collecting reached its zenith in the 1960s and 1970s. Despite the 1980s bust and the lower interest among younger generations, stamp collecting remains one of the world’s most popular hobbies and as the above study shows one of the most profitable investments.

And this is not a small niche industry: the tens of millions of stamp collectors worldwide annually spend up to $10 BILLION on their hobby.

Stocks and Baseball Cards

I dedicate this post to recommend an excellent article from Business Insider written by Mark Cuban on “How I Learned the Truth about Stock Prices”.

This blog is about ColFolio in particular and collectibles in general, and I don’t mention this article to go into details about finance and stock prices, but there is a section which really grabbed my attention and I have to copy here because it is the basic idea behind our venture:

“(…)when a stock doesn’t pay dividends, there really isn’t a whole lot of difference between a share of stock and a baseball card.

If you put your Mickey Mantle rookie card on your desk, and a share of your favorite non-dividend paying stock next to it, and let it sit there for 20 years. After 20 years you would still just have two pieces of paper sitting on your desk.

The difference in value would come from how well they were marketed. If there were millions of stockbrokers selling baseball cards, if there were financial television channels dedicated to covering the value of baseball cards with a ticker of baseball card prices streaming at the bottom, if the fund industry spent billions to tell you to buy and hold baseball cards, I am willing to bet we would talk about the fundamentals of baseball cards instead of stocks.”

I recommend reading the whole article: http://www.businessinsider.com/the-stock-market-2013-1 , it is very thoughtful and it is a great read!

ColFolio Status Update

Greetings all!

We’ve received some emails inquiring about what we really try to achieve here, the status of the development and our launch plan. We know that there is a big void in the area we are addressing with our project and some of you are impatient so I wanted to address these inquiries on a blog post.

ColFolio.com is still under active development by the core team, all of whom volunteer their time for this project. Our development isn’t quite as fast as we would like to be, because each of us has personal and work lives outside of ColFolio. As much as we would love to devote full attention to ColFolio, we still have other responsibilities. 

We have two new team members who are helping with the database development and testing our platform and we are looking forward for our Beta launch in Q1 2013.

There has been quite a bit of progress in the past two-three months since we announced this project and set up an active website and I’ll follow up with more details and some screenshots in the coming days. In the meantime I would like to reiterate the short presentation from the first page: ColFolio.com is a new user driven coins & currency, stamps, token and other collectibles inventory management platform and value tracker. When all things will be done, you will be able to identify, catalog, manage and most importantly appraise your collection at current market value.

As always, we appreciate your support and interest in this project. There are lots of ways to get involved whether you’re a collector and would like to help by testing our platform or contributing content, future user or blogger who would like to review the site and spread the word about our existence. Please don’t hesitate to contact us at ColFolio @ gmail.com.

What is ColFolio.com?

We’re about to launch the coolest, most dynamic collectibles inventory management and value guide that’s ever existed: ColFolio.com. This website is created for you – the collector who feels that the traditional ways of collectibles management and tracking have failed and is tired of using cumbersome old-style desktop software or an excel spreadsheet. Imagine managing and valuing your coins, stamps or any other collections in matter of minutes and tracking their market value on daily or weekly basis.

ColFolio.com is a new idea from a handful of people who are passionate about making the collectibles industry a “better place”. Along with our mission to serve you, the collector of coins, banknotes, stamps, sports cards or other collectable’s, we understand that life has become more “connected” than ever before.

Social Networking is everywhere: we all want to share and connect. The principle at the core of social networks is that valuable things come from the people you know… and from the people those people know. We are creating a platform and opportunity to share your collection, pull content from existing “col folios” and connect with fellow collectors. That’s why we will make it easy for you to invite your friends or fellow hobbyist to your own collector “circle” on the ColFolio platform. We are committed to defining the future of collectibles management, creating a product intended to serve collectors and dealers alike.

We hope you will enjoy the ColFolio experience. We will always value the opinion or feedback you have. Don’t forget to bookmark us and catch our updates through Twitter and Facebook and sign up for our mailing list to receive an invitation to beta test our product!

 

Welcome to ColFolio.com!

It all started around 35 years ago in Transylvania, Romania. Back in the 1980′s, in the heights of the communist dictatorism the 3 hour per day TV programming and handful of newspapers and magazines could cover only internal events. One of the only accesses to the world was through mail and postcards. This is when I started to collect European postcards which later evolved into collecting photos of Hollywood stars and musicians. It wasn’t however until recently that I found out: my early hobby has a “scientific” name as importantly sounding as a doctor”s specialization: deltiologist (collector of postcards).

Even the most familiar sort of collecting however, may have a given name that is much less familiar. Later in my twenties I become an avid numismatist (coin collector) and notaphilist (banknotes, paper money collector). It’s not unusual to know someone who collects dolls, but until recently I did not know that these collectors are known as plangonologists. When I was a kid, several of my friends would swap matchbook covers for their collections, but I doubt that any of them knew that they were phillumenists.

Over the years, I’ve known people who have collected butterflies (lepidopterists), recipes (receptarists), books (bibliophilists), stamps (philatelists), beer coasters (tegestologists), teddy bears (arctophilists), autographs (philographists) and flags (vexillologists).

With the seemingly limitless number of things that someone could start collecting, it provokes the question of what it is exactly that makes collectors out of so many of us. And what is it that compels us to collect the specific things we’ve chosen to collect?

These are questions only a philosopher or a psychologist may be able to answer. We at ColFolio aim to help in a more practical way by building a comprehensive and interactive online database of collectibles and a new way to identify, catalog, manage and most importantly appraise a collection at current market value.

Here is the unofficial collector name list, terms used by collectors that are becoming pretty common:

Aerophilatelist – a student or collector of airmail stamps, cancellations, etc.

Arctophile / arctophilists – a person who is very fond of and is usually a collector of teddy bears

Audiophile – a person who is especially interested in high-fidelity sound reproduction

Bestiarist – a writer and/or collector of bestiaries. Bestiaries are collection of moralized fables, especially as written in the Middle Ages, about actual or mythical animals. More on bestiary: http://en.wikipedia.org/wiki/Bestiary

Bibliophile / bibliophilists – a person who loves or collects books, esp. as examples of fine or unusual printing, binding, or the like

Brandophilist – collector of cigar bands

Cameist – one who collects cameos or relief images (mostly images of a woman’s head and shoulders) in fashion jewelry

Conchologist – a collector and student of mollusk shells

Copoclephilist – key rings collector

Deltiologist – a person who collects postcards as a hobby

Discophile – a person who studies and collects phonograph records, especially those of a rare or specialized nature

Errinophilist – one who collects revenue or tax stamps (NOT postage stamps)

Exlibrist – a collector of ex-libris records (inscription in or on a book, to indicate the owner; bookplate)

Exonumist – a person who collects exonumia (items, as tokens or medals that resemble money but are not intended to circulate as money)

Fusilatelist – one who collects telephone calling cards

Helixophile - person who collects corkscrews

Heortologist – collector of religious calendars

Iconophile – a connoisseur of icons or images

Lepidopterist – the collecting of butterflies and moths

Lexiconophilist – collector of dictionaries and other books of words

Notaphilist – collector of banknotes, paper money, paper currency or plastic notes

Numismatist – a person who collects numismatic items for ex. coins

Oenophile – a person who enjoys or collect wine, particularly grape wines from certain regions, varietal types, or methods of manufacture.

Oologist – a collector of birds’ eggs

Philatelist – the collector of stamps and other postal matter ex revenue stamps, stamped envelopes, postmarks, postal cards, covers, and similar material relating to postal or fiscal history

Phillumenist – a collector of different match-related items: matchboxes, matchbox labels, matchbooks, matchcovers, matchsafes, etc.

Philographist – a personn who collects autographs

Phonophile – a collector or connoisseur of phonograph records

Plangonologist – someone who collects dolls

Pyrographer – one who collects items with designs burned on wood, leather, etc.

Receptarist – a person who collects recipes

Scripophile – a person who collects receipts, certificate representing a fraction of a share of stock or paper currency in denominations of less than one of the official currency (ex. dollar)

Sucrologist – a hobbiest who collects sugar sachets and/or packets

Tegestologists – someone who collects beer mats or coasters

Telegery – is the hobby of collecting telephone calling cards

Vecturist – a person who collects transportation tokens as a hobby

Vexillologist – the collector of flags or banners

The list most likely is incomplete. Your input and suggestion of additional collector names for this list is welcome!

PS:
Acknowledgement: thank you Mike Mendel for suggesting “bestiarist” to the list!