Trades and Trends by Altan Insights: February 26, 2022

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

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%.

Otis

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%.

Rally

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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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.