Trades and Trends: October 16, 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.

Rally

Performance on Rally continued to trend positively as the platform closed the week with an average return of 9.72%. In the holiday-shortened week, 12 different assets were traded across eight asset classes with a median ROI of 1.48%. Performance was carried by 1980s Topps basketball cards as the 1981 Topps Larry Bird soared to a 66.67% gain while the 1980 Topps Scoring Leaders Card climbed 44.17%. Pokémon was propelled by the 1990 Nintendo Game Boy Pokémon Yellow which added 20% to its market cap. Out of the 12 assets that were traded, six closed with positive returns while six settled with negative trading sessions. Luxury was led by the Hermés 30CM “So Black” Birkin which bounced 12% higher. Comic books closed 4.62% higher with one example trading this week as the 1975 Marvel X-Men #94 moved its market cap to $68,000. Charles Dickens ‘A Tale of Two Cities’ gained 3.57% which brought the 1st Edition classic to a 100% ROI overall since IPO. 

Zion Williamson’s Game-Worn Sneakers slipped -13.76% to close as the worst-performing asset. The sneakers have still found success on Rally’s secondary market though as the size 15 shoe is up 67.17% overall. While 1980s Topps basketball bounced, 1980s Topps football sunk. The 1981 Topps Joe Montana slipped -7.14% in its first trading session, lowering its market cap from $70,000 to $65,000. Cars also struggled this week as the 1999 Lotus Esprit 350 fell -8% and the 1961 Jaguar E-Type dropped -0.61%. 

Sports cards shined with an average return of 25.55% followed by video games which added 20% on average. Cars were the only other asset class represented by more than one offering and the sector slipped -4.31% on average. This marked the second consecutive week sports cards and video games were the top two performing asset classes on Rally’s secondary market. 

Otis

Note: Only assets that trade for the entire week are included in data calculations and graphs. Performance is as of 11 PM ET on 10/15. 

Secondary market performance rose slightly this week on Otis as the platform closed with an average return of 2.97%. There were 106 different assets across nine different asset classes that were traded this week and the median return closed unchanged. Sneakers set the pace as five of the top ten performing assets were shoes and three of the four best-performing assets came from the wearable sector. The Nike x Travis Scott’s soared to a 119.80% return this week to lead while Medical Bill by MSCHF added 87.55% to its market cap to finish second. Ten different assets gained at least 20% on Otis while only 3 offerings fell more than -20% during the week. Kevin Durant’s Warriors Road Jersey fell -25% to close as the worst-performing asset while the Dior x Air Jordan Low lost -24.81%. The Dior/Jordan collab was the best-performing asset on Otis last week as the sneakers gained 57.09%. The 1996 Bowman’s Best Kobe Bryant Refractor was the best-performing sports card with a 25% gain while the 2001 SP Authentic Tiger Woods was the worst-performing as the card fell -22.22%. 

Last week, sneakers were the worst-performing asset with an average return of -13.3%. This week, sneakers led with an average ROI of 10.6% followed by comic books which climbed 7.35%. Art added 5.9% on average and NFTs closed 2.47% higher. Card games were the onlyother asset classes to trade positively on average as the sector returned 2.22%. Sports memorabilia slipped -5.31% while sports cards stumbled to an average return of -0.93%. 

Collectable

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

After performance dipped last week on Collectable the platform bounced back with an average return of 0.96%. No asset gained more than 30% but ten different offerings added at least 15% to their market cap while only four lost more than -15%. The 2005-06 Sign of the Times Dual Auto Card climbed 29.76% to lead this week while the 2005 Playoff Contenders Aaron Rodgers Rookie Card packed on a return of 28.57%. The 1959 Topps Willie Mays Basket added 26.13% while Michael Jordan’s 1994 Game Used Bat bounced 23.08% higher. The Sign of the Times Card and Jordan’s bat were two of the worst-performing assets on Collectable last week as they fell -29.31% and -23.53% respectively. 

The 2015 Nikola Jokic Prizms Power Rookie Card fell -21.05% to finish as the worst-performing asset this week. Muhammad Ali’s 1960 Hemmets Journal Card slipped -19.10% and the 2001 Tiger Woods SP Authentic dropped -17.14%. Soccer was the best-performing sport with an average return of 7.36% followed by golf which added 3.41% on average. Boxing fell -6.37% to close as the only sport to trade negatively on average this week. 

Sports memorabilia outpaced sports cards this week as game-worn and game-used assets climbed 2.20% on average vs cardboard which added 0.62% during the week.

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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.