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 on Rally closed with a double-digit average return but with an unchanged median return as two high-flying assets closed with massive gains. For the second consecutive week, at least one asset closed at least 100% higher. Last week the Apple iPod gained 120% and this week, the 1998 Playstation Grand Theft Auto climbed 130.77% higher. The 2009 Vosne-Romanée Les Beaux Monts had the best trading session for any wine ever on Rally as the French vino gained 46.24%. Books were pushed forward by Ginsberg's "Howl" as the 1st edition copy added 22.58% while the top performing sports card was the 1999 UD Inkredible Michael Jordan Card which gained 19% in its first session.
The 2009 National Treasures Steph Curry card slipped -24% while the 1964 Tornek-Rayville TR-900 ticked -20% lower. Dino's dropped lower as well with the -16.67% fall for the Deaton Triceratops Skull. The H.G. Wells 1st Edition copy of Time Machine was the only other asset to drop on Rally as the book bounced -5.65% lower.
Cars were the best-performing asset class that was represented by more than one offering as two cars traded with an average return of 9.27%. Books closed with a 8.47% average and sports cards dropped -1.67%.
Note: Only assets that traded for the entire week are included in data calculations and graphs.
After closing last week with a positive return, performance slipped slightly on Collectable this week. In total, 125 different assets traded the entire week with an average ROI of -0.73%. Sports memorabilia outperformed sports cards this week with a 1.23% return compared to a -1.27% ROI for cardboard. Two of the top three performing assets were pieces of memorabilia as the 2005-06 Kevin Durant High School Jersey jumped 81.73% and the baseball signed by Babe Ruth and Lou Gehrig gained 26.17%. The top-performing sports card was the 1939 Ted Williams Play Ball Rookie Card which climbed 59.92%.
Kobe Bryant related assets stumbled this week as a pair of his game-worn French Blue Jordan 12's dropped -30.56% and a jersey from his scoring title season slipped -16%. Post-war baseball assets also struggled this week as four of the seven worst-performing assets were either baseball cards or memorabilia from 1952-1968.
Tennis was the best-performing sport as the 2003 NetPro Serena Williams basket bounced 17.65% higher after the pair of PSA 10s gained 6.92% last week. Hockey also continued to move higher as the sport was led by the Sidney Crosby Rookie Card Basket. The Crosby offering gained 33.33% last week and added an additional 12.38% this week to help hockey close with a 2.33% average return. The worst-performing sport was soccer which fell -6.94% while wrestling dropped -5%. Boxing fell -4.38% followed by basketball, baseball, and football which dropped -0.8%, -0.68%, and -0.55% lower. This marked the second consecutive week that football and wrestling assets traded negatively on average while sports like hockey and tennis have trended positively.
Note: Only assets that trade for the entire week are included in data calculations and graphs. Performance is as of 11 PM ET on 11/5.
Sports memorabilia soared this week on Otis as two assets gained more than 34%. The 1987 Magic Johnson sneakers jumped 73.5% while Michael Jordan's AJ1 Player Exclusives added 34.09%. The platform closed with a -0.19% average return with 109 assets trading across ten different asset classes.
Sports memorabilia has returned 7.85% overall on Otis but the asset class moved 15.39% higher to close the best trading week for the asset class this year. Five different assets gained at least 27% while ten offerings dropped -14% or more. Modern sports cards performed well this week as the 2012 Anthony Davis RPA gained 51.84% and a 2017 National Treasures Patrick Mahomes RPA moved 18.04% higher.
Video games stumbled as Contra fell -45% and Mario Kart 64 dropped -33.33%. NFTs closed with a -9.13% average return after the sector gained 19.46% last week. Video games ended the week with a -7.6% ROI and comic books closed -2.67% lower. There were 35 sports cards that traded this week and the asset class gained 2.06% while 17 sneakers traded for a 1.28% ROI.
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