The number of whiskies available online is ever-increasing and digital price-tags are changing rapidly too. By evaluating those shop prices under curr… Read the full Article at: The Whiskystats Shop Monitor
Johannes, Thank you for this great new tool which is really useful. Playing around with it I came across what looks like an anomaly. The Shop Monitor gives Macallan Lumina the market value of 150 GBP while the Database gives a June value of 74 Euros.
the estimated market values are not the direct price observations we make. Those observations serve as the basis on which our model is trained. So if there are similar Macallan releases trading for higher prices, the model accounts for that.
It seems like both the shop price and the latest auction results are below our “best guess” for that Lumina. This, of course, may change if more low price observations come in.
This type of research is greatly helpful to analyze the correct market value of Whiskeys and this research includes a lot of knowledge with time to time updation. Thanks for your accurate analysis while maintaining the above.