Trades and Trends by Altan Insights: December 11, 2021

Join Altan Insights as we highlight trading activity across the various alternative marketplaces with a combination of charts and penned analysis to help investors track trends and price movements that impact their portfolio.

Collectable

Note: Only assets that traded for the entire week are included in data calculations and graphs.‍

After a negative average return last week, performance rebounded on Collectable as the platform closed with a 0.60% average ROI and a 0% median. Fittingly, the best-performing asset this week was one of the worst performers last week as the 2020 Bowman Chrome Jasson Dominguez climbed 60% after a -37.5% drop. Another card that displayed an impressive recovery is the 1984 Topps John Elway which added 49.17% and is now just -10% under its IPO market cap after the basket was previously -40% below offering price.

This week belonged to sports cards as the top ten performing assets were all cardboard and the sector added 2.16% versus the -5.04% return from sports memorabilia. Golf-related assets gained 9.27% on average to lead all sports while baseball and boxing closed 2.09% and 1.90% higher respectively. Hockey was the worst-performing sports with an average return of -3.9% while tennis closed -2.22% lower. Overall, eight different assets gained at least 22% while only two offerings fell more than -22% this week. The 2018 Flawless Green Trae Young dropped -34.73% and the Kobe Bryant Game-Worn French Blue Jordan 12's dipped -22.22%.

Sports memorabilia was represented by thirty assets and while no offerings closed among the top ten best performing assets, five pieces of game-worn or game-used memorabilia finished the week among the bottom ten performers. The rotation from memorabilia to sports cards breaks a streak of four consecutive weeks in which sports memorabilia outperformed cardboard on Collectable.

Rally

In week two of real-time trading on Rally, performance stumbled overall as the platform returned -3.46% on average and the median ROI settled at -1.65%. Overall, thirty assets traded this week on Rally across seven different asset classes.

Video games closed as the best-performing sector with a 6..07% average return and were led by the 1987 NES Legends of Zelda which gained 75%. The first edition Zelda game is now up 113% on Rally since IPO and has pushed its market cap to $245,000. Sports cards were carried by the 1958 Alifabolaget Pelé which climbed 37.16% after adding 25.31% last week. The PSA 9 graded Pelé could become the next card to reach seven-figures on Rally as it closed this week with a market cap of $866,250, up from its IPO price of $315,000. Sports cards gained 7.23% on average last week but even with the breakout Pelé performance, the asset class slipped -4.95% over the last five days. The 2001 Apple iPod and 1990s Bulls Championship Rings were the only other assets to add at least 25% to their market caps on Rally and while eight offerings gained 10% or more, eleven assets dropped at least -13%. NFTs were the only other asset class to close with positive average performance as the sector closed 5.2% higher and was lead by CryptoPunk #8103's 10.4% gain.

There was no Mantle-mania this week on Rally as prices for both cards and memorabilia featuring the New York legend suffered significant sell-offs. The 1960 Mickey Mantle Game Worn & Signed Jersey fell 46.25% in its first week of trading while the 1956 Topps Mantle Card dropped -42.03%. The 1986 Macintosh Plus fell -38.46% after the offering gained 62.5% last week.

Otis

Note: Only assets that trade for the entire week are included in data calculations and graphs.

Performance dipped this week on Otis with a -1.16% average return while the median closed unchanged. Sneakers set the pace as the Air Jordan 1 Modern Classics climbed 62.79% and the asset class added 10.42% on average overall. For the second consecutive week, art closed with a positive average return, gaining 0.75% this week after adding 8.39% last week. The asset class was the only other sector to close with a positive average as seven sectors finished in the red. Comic books fell -11.55% to settle as the worst-performing asset class as losses were propelled by the -30.58% ROI from the Avengers #1. Card games closed with a -10.93% average return and the Raichu Holo card continued to struggle, slipping -35.71% this week for a total return since IPO of -55%.

Sports cards were led by the 56.25% return delivered by the 2002 Panini Futebol Cristiano Ronaldo and the 2012 Russel Wilson Rookie Signatures which added 27.78% this week. The asset class closed with a negative average return however as the 2001 SP Authentic Tiger Woods fell -58.76% and 2009 Bowman Chrome Mike Trout tumbled -24.24%. The Tiger rookie is now down 69% since IPO and sits at a $10,044 market cap, well below recent sales for BGS 9.5 examples. Video games dropped -7% this week after falling -5.67% last week. The NES Mike Tyson's PUNCH-OUT!! fell -30.58% and is now down -65% over the last three months.

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Disclaimer: You understand that by reading Altan Insights, you are not receiving financial advice. No content published here constitutes a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You further understand that the author(s) are not advising you personally concerning the nature, potential, value or suitability of any particular security, transaction, or investment strategy. You alone are solely responsible for determining whether an investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. Please speak with a financial advisor to understand if the risks inherent in trading are appropriate for you. Trade at your own risk.