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.
Performance remained positive this week on Collectable as the platform returned 1.52% after gaining 2.87% last week. Sports memorabilia and sports cards were both positive as the asset classes returned 2.05% and 1.35% respectively. The positive returns demonstrated on the platform was propped by multiple high-flying assets as sports like basketball, hockey, and tennis all soared.
The 1975 Topps and O-Pee-Chee Gary Carter Basket gained 106.55% this week as the pair of Carter cards climbed after impressive recent performances on the auction block. Last weekend, Memory Lane sold a single PSA 10 graded Topps example for $48,416 which marked the highest sale price ever for the Carter rookie. Closing in second was the 1997 Tim Duncan Precious Metal Gems Card which climbed 80.71% while the Zion Williamson National Treasures RPA jumped 56.85%. The Zion card was the worst-performing asset last week when it fell -36.8%. Last week was a tough week for Kobe Bryant-related assets as the 1996 Rookie Sneakers slipped -32.73% and the Kobe jacket dropped -28.31%. This week though, three of the ten best-performing assets were Kobe-related including the jacket which climbed 43.06%.
After multiple weeks of impressive performance, the 2018 Josh Allen Gold Refractor was the worst-performing asset this week on Collectable as the card dropped -38.46%. The Allen card is still up 180% since IPO and has climbed 143.6% over the last six months. Modern baseball cards struggled this week as the Corey Seager basket dropped -28.57% and the Mookie Betts basket bounced -28.28% lower.
Tennis led all sports on Collectable with an average return of 10.68% while hockey gained 6.20%. Basketball moved 3.44% while golf and baseball rounded-out the top five with returns of 2.51% and 1% respectively. Wrestling was the worst-performing sport with an average return of -19.23% while soccer slipped -2.21%. Those were the only two sports to drop more than -1% this week on Collectable as losses were limited with no offering falling more -40% while four different assets gained more than 43%.
This week on Otis, the average return sneaked out a slight gain as the platform closed with a 0.41% ROI. Performance as carried by the Mario franchise as the two best-performing assets were Mario video games.
The Super Mario Bros. 3 led all assets in Otis this week as the game returned 50%. This represented an impressive rebound for the game after it fell -37.5% last week and was the worst-performing asset. Closing in second this week was the Super Mario Land Yellow Screenshots which moved 27.5% higher. The Mario performance helped propel video games to a 4.62% which led all asset classes. Luxury closed 3.79% higher to finish in second while comic books gained 1.71%.
Memorabilia was the only asset class to fall more than -1% as the sector fell -5.93%. Art dropped -0.93% and sneakers slipped -0.53%. The Dior X Air Jordan Low Sneakers dropped -22.3% to close as the worst-performing asset. The 2014 Lionel Messi Green Crystal Prizm fell -21.4% and was the only other asset to lose more than -20%.
For the second straight week, performance fell on Rally as the platform returned -3.86%. There were a number of assets that experienced significant drops as ten different offerings fell more than -41%, the most ever in a single week on Rally.
The Albert Einstein Signed Letter on God gained 47.62% to close as the best-performing asset while the 2001 Apple iPod moved 38.06% higher to finish in second place. Two books, The Federalist and To Kill a Mockingbird rounded out the top four with returns on 37% and 29.03% respectively. Wine and Spirits was the only asset class to close with a positive average return as the liquid sector gained 0.62%.
Video games struggled on Rally as the 1991 NES Simpsons: Bart vs The Space Mutants fell -56.76% and the 1997 PlayStation Final Fantasy VII dropped -56.25%. Card games were the worst-performing asset as the sector returned -10.33% while video games dropped -10.19%. NFTs traded -7.82% lower on average while sports memorabilia fell -6.94%. In total, 8 of the 10 asset classes that traded this week on Rally fell -1% or lower and sports cards, which is the most represented sector with over 70 different assets trading, fell -1.64%.
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