Trades and Trends: October 23, 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 remained positive this week as three different assets gained more than 26%. The platform returned 7.14% on average with a median return of 0.63%. The median was impacted by the five assets that closed their sessions unchanged while only two offerings traded negatively. 

The Rolex Air-King Domino’s Edition soared 55% to lead all assets on the platform while the 1962 Marvel Fantastic Four #5 climbed 26.77% higher. Comic books have shined on Rally as the last 13 examples to trade on the platform have traded positively with an average return of 62.95%. There has not been a comic book that traded negatively on Rally since July 6th- the longest streak of any asset class on the platform. Frank Herbert’s ‘Dune’ gained 26.87% which pushed the first edition copy to a 201.89% return since IPO. Only two of the thirteen books that have traded on Rally since September 1st have traded negatively and the asset class has gained 14.06% on average. J.K. Rowling’s ‘Harry Potter and the Philosopher’s Stone moved 14.55% and the 2016 vintage of Napa Valley’s Screaming Eagle added 8.69% to its market cap. 

The 2017 National Treasures Patrick Mahomes Rookie Card fell -32.08% to finish as the worst-performing asset this week. The 1999 Pokémon Charizard Holo Card slipped-1.43% to close as the only other asset to finish in the red during its trading session. 

Sports cards were the most represented asset class this week with four offerings trading. The sector fell -8.02% as no sports card traded positively. Books were represented by three assets and climbed 13.84% on average while two cars traded and the sector closed 2.46% higher.

Collectable

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

After performance rose last week on Collectable, returns slid slightly this week with an average ROI of -2.42%. There were 116 different assets that traded the entire week on Collectable and 92 were sports cards. Cardboard outperformed sports memorabilia with an average return of -2.17% compared to -2.96%. 

Modern Michael Jordan cards shined this week as the top two performing assets were 21st century MJ cards. The 2007 Exquisite Collection Jordan gained 27.68% while the 2007 Triple Patch Auto that features Jordan, Magic, and LeBron, moved 24.46% higher. Willie Mays also returned a solid week as the ‘Say Hey Kid’s’ 1951 Bowman card climbed 21.25% and the 1959 Topps Basket bounced 12.71%. Ty Cobb's T206 Original Photo added 17.78% and John Elway’s 1984 Rookie Card jumped 9.89%. 

The 1939 Ted Williams Play Ball card fell -46.12% to close as the worst-performing asset this week on Collectable. The Williams rookie has performed well overall and is still up 7.5% since IPO. Modern baseball struggled this week as the Corey Seager Orange Refractor receded -39.76% and the Mookie Betts 2014 Gold Refractor retreated -35.63%. No asset class traded positively this week on Collectable as hockey slipped -8.82% and soccer stumbled -5.1%. Tennis closed flat while basketball and golf fell -0.61% and 0.65% respectively.     

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 10/22. 

Secondary market performance dipped this week on Otis but the platform still provided strong return opportunities across multiple asset classes. The average return was -3.35% with a median return of -1.52%. In total, 106 different assets traded the entire week on Otis with one offering- the 1985 Air Jordan 1’s- paused due to a pending buyout offer.

Speaking of Nike sneakers, the Nike x Artist Collection climbed 48.81% to lead on the platform. Finishing in a close second was the 2001 SP Authentic Tiger Woods which moved 47.54% higher. Luxury was propelled by the Hermés 35CM “So Black” Birkin which gained 19.9% after falling -16.46% last week. 

Medical Bill by MSCHF dropped -40.01% while the Chromie Squiggle NFT slipped -36.67% lower. Ten different assets fell at least -20% this week on Otis and the losses were driven primarily by art and NFTs. There were three non-fungible tokens that traded this week on Otis and the asset class fell -16.03% on average. Card games slipped -9.11% while art dropped -5.38%. Sports memorabilia climbed 2.96% higher while memorabilia provided a positive return of 0.97%. Sports cards were represented by 35 assets, the most of any sector, and the asset class fell -2.70% on average.  

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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.

Analyzing trade 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.

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