Just released: Our latest Sports Collectibles Market Report!
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 performance dipped last week on Collectable, returns recovered with a 1.61% average this week. There were 133 different assets that traded this week and 77% were sports cards. Baseball and basketball are the most represented sports on Collectable’s secondary market with 50 and 48 assets trading respectively.
Kobe Bryant memorabilia shined this week as the top three performing assets were game-worn jerseys or sneakers from the late legendary Laker. Kobe’s 1996 Rookie Game Worn and Signed Sneakers climbed 57.14% while his debut #24 jersey moved 56.25% higher. Rounding out the top performers was the Kobe game-worn French Blue Jordan 12’s which jumped 50%. Basketball starred this week as the eight best-performing assets were all either cards or memorabilia featuring athletes from the hardwood. Basketball assets gained 5.6% this week while golf-related offerings gained 5.12%. Sports memorabilia soared to a 7.75% return as sports cards slipped -0.18% this week.
The 1993 SP Foil Derek Jeter basket bounced -34.62% lower while the Manning/Favre/Marino basket dropped -14.29%. Wrestling was the worst-performing sport with a -9.4% average return and soccer stumbled to a -4.99% ROI. In total, only one asset fell more than -15% while nine different offerings gained at least 17% or more on Collectable's secondary market.
Otis
Note: Only assets that trade for the entire week are included in data calculations and graphs.
Performance on Otis dipped slightly with an average return of -0.92%. In total, 111 different assets traded for the entire week across 10 different assets classes. This week signaled a possible rotation of equity as the top two performing asset classes last week - comic books and video games - were the two worst-performing sectors this week. On the contrary, last week, sports memorabilia dropped -16.67% but closed this week as the best-performing asset class.
In an interesting trend, the three best-performing assets this week were the three worst-performing assets last week. The Michael Jordan AJ1 signed Player Exclusives gained 108.51% to push its market cap to $99,225. The 1985 sneakers are now up 47% overall after falling -60.83% last week. The Nintendo World Championship Cartridge gained 29.3% this week after previously dropping -22.66%, while the 2003 SP Authentic LeBron James Rookie Card climbed 25.56% after a -21.67% return across the previous seven days. The best-performing card game was a First Edition Raichu which moved 24.83% higher and the strongest memorabilia performance came courtesy of the First Generation Apple iPod which added 16.92% to its market cap.
The two worst-performing assets were video games as the Street Fighter Collection and Super Mario Bros. 3 dropped -56.99% and -49.66% respectively. Super Mario Bros. 3 was the best-performing asset on Otis last week as it closed with a 49% gain. Cristiano Ronaldo’s Panini Futebol Rookie Card fell -37.25% and the 10th Edition Tomb of Dracula dropped -28.57%.
Overall, sports memorabilia gained 17.66% on average while card games added 6.71% and memorabilia moved 4.81% higher. Comic books crumbled with a -11.34% return while video games dropped -7.25% and sneakers sunk -2.56% on average.
Rally
No prices were matched this week on Rally as the platform continues to move towards an updated trading structure. We will have a full review of Rally's first week of their new real-time trading in next week's Trades and Trends!
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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.
