Trades and Trends: October 9, 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

Rally

Performance on Rally continued an upward climb as the platform returned 20.34% during the week. Overall, seven different assets gained at least 10%, and 10 of the 15 traded offerings closed their session with positive returns. Only one asset fell more than -10% and nine different asset classes were represented during the week. 

Video games were propelled by the 1990 NES Super Mario Bros. 3 which climbed 102% in its first appearance on Rally’s secondary market. Vintage shined this week as three of the top four performers were pre-1960s assets. The 1934 Goudey Lou Gehrig Card jumped 76.47% while the 1940 DC Comics Batman #1 and 1958 Alifabolaget Pelé Rookie Card gained 47.12% and 33.33% respectively. Cars were led by the 1990 Mazda Miata MX-5 which raced to a 25.98% return while wine was represented by the 2014 Domaine Leroy-Vosne-Romaneé Les Beaux Monts which added 25% to its market cap. 

Pokémon struggled this week on Rally as the two worst-performing assets were represented by the iconic trading card game. The 1999 1st Edition Base Set Booster Box slid -12.5% while the 2000 Neo Genesis Booster Box stumbled -5.56%. The only other asset to fall this week on Rally was the 1st Edition copy of The Wonder Wizard of Oz which dropped -2.33%.

Sports cards soared to an average return of 54.9% while comic books climbed 47.12%. Cars gained 13.19% and sports memorabilia jumped 10.37%. Card games were the only asset class represented by multiple offerings to trade negatively as the sector slipped -4.63% on average. 

Otis

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

Performance fell flat this week on Otis with an average return of -1.89% and a median return of 0%. The Dior x Air Jordan 1’s gained 57.09% to lead but overall it was a rough week for sneakers on Otis. The five worst-performing assets were sneakers and the sector returned -13.3% on average. Seven different pairs of sneakers fell at least -16% while three dropped more than -50%. 

The Giant-Size X-Men #1 rose 46.14% while Michael Jordan’s AJ1 Player Exclusives moved 38.03% higher. Ten different assets gained at least 10% and five offerings added at least 25% to their market caps. NFTs were the best-performing asset with an average return of 5% and sports memorabilia followed with a 4.64% average return. Comic books and card games also returned positive weeks as the asset classes gained 3.76% and 2.93% respectively. Sports cards were represented by 34 assets, the most of any sector, and the asset class slipped -0.16%. Video games fell -1.40% and were led by the NES Super Mario Bos. which added 11.9% to its price. 

Collectable

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

Performance lagged this week on Collectable as nine different offerings fell at least -20%. The average return settled at -4.5% while the median return closed at -1.41%. In total, 108 different assets traded the entire week on Collectable which established a new record for any alternative asset platform. 

The 2003-04 UD Exquisite Basketball Hobby Box gained 25.71% to lead on Collectable while the 2014 Mookie Betts Blue Refractor Basket jumped 11.11%. It was a strong week for baskets as four of the top ten best-performing assets were card bundles. Tom Brady’s 2000 Bowman Chrome Card climbed 10.59% and Muhammad Ali’s WBC Title Belt gained 9.18%. The 1980 Scoring Leaders Basket jumped 8.33% to round out the top five and the duo of PSA 8 graded cards is now up 30% overall on Collectable since IPO. 

The 2015 Gleyber Torres Orange Refractor tumbled -40.55%, a steep drop that was likely influenced by the New York Yankees season-ending Wild Card loss. The 1990s Tournament-Used Tiger Woods Putter gained 72.84% in September but the golf club sold off -32.14% this week. Two Michael Jordan assets fell sharply as the MJ/LeBron Sign of the Times Dual Auto card slipped -29.31% and Jordan’s 1994 Game-Used and Signed Bat dropped -23.53%. 

Sports memorabilia slipped -7.22% while sports cards stumbled -3.76%. Tennis was the best-performing sport with a 4.67% gain while wrestling and hockey closed the week as the only other sports to close with positive returns, gaining 4.14% and 1.90% respectively. Golf tumbled -17.97% while soccer slipped -14.39%. Football fell -4.69% and basketball bounced -4.51% lower 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.