Alts Logo SVG
Upgrade to paid

2009 Topps Chrome #101 Stephen Curry /999 BGS 9.5

New here? Read up on our past Sports Cards issues to get the most from this post.

May 25th, 2022 | ± 4 minutes

HIGHLIGHTS:

  • Cards continue to slide in 2022
  • Two Stephen Curry drops as he goes deep in the NBA Finals
  • Mixed results from the major auction houses over the weekend

Let’s go!

Sports Cards in 2022

Firstly, as a reminder, here’s my view on sports cards sectors for 2022.

Bullish on:

-All soccer, especially vintage
-Vintage basketball
-Vintage football

Bearish on:

-Hockey, except for ultra blue-chip
-Golf
-Tennis
-Modern basketball

Sports cards on fractional markets are still up slightly for 2022, though they don’t look like doing much (either way) anytime soon.

All stats come from assets trading on secondary markets at Otis, Collectable, and Rally

The picture on the broader CardLadder index looks less positive, with nearly all sports down for the trailing 30 days. The CL 50 is off more than 7% on the year.

That’s a lot of red.

Even Pokemon is struggling now.

Last Week

Fractional secondary markets

Things were looking pretty flat week on fractional marketplaces, with most asset classes tracking between -1.3% and 2.2%. Wrestling and boxing stood out a bit as winners.

All stats come from assets trading on the secondary markets at Otis, Collectable, and Rally

This Week

Assets dropping on marketplaces

Collectable dropped a set of three unopened boxes of ‘96-’97 SkyBox E-X2000 on Monday, and we weren’t able to get this out in time to have a view on it. It sold out quickly.

There’s also a Stephen Curry “fund” dropping on Collectable this Sunday. I’ll try to put together a valuation on our Discord before then, so make sure to keep an eye out.

2009 Topps Chrome #101 Stephen Curry /999 BGS 9.5

This is his most recognized rookie, even though he was photoshopped into his Warriors shirt and not in action.

Signed ‘49 Bowman PSA/DNA 8 Jackie Robinson

This is signed by the man himself.

Auctions

PWCC wrapped up their Biggest Ever Monthly Premier auction over the weekend, and while results there (and elsewhere) were disappointing overall, there were a few bright spots and lots to note.

  • This 1986 Fleer Kareem Abdul-Jabbar sticker set records with its $240,000 sale in the PWCC May Premier Auction. According to public data, it is the highest price ever paid for any Fleer sticker and the highest price for any non-rookie Abdul-Jabbar card.
This sale result values it higher than the Michael Jordan rookie from the same set.
Judge’s size and bat speed make him unique among hitters.
  • A Cristiano Ronaldo rookie plunged to $168k from recent highs above $300k, which is a pretty awful result.
We had a buy recommendation on this card on Rally. We’ve now pulled that.

Goldin’s Elite auction wrapped over the weekend as well, and the big news there (for me anyway) was another record-setting sale for a female athlete. Serena Williams’ 2003 NetPro Int’l /100 card sold for $266,400, the most for any female athlete ever.

Among the eight examples of this piece in the PSA/DNA Certified census reporting, this is one of two graded at this tier, with none graded higher.

Last but not least, our Podcast

In this episode, Horacio spoke with Alex Engel, the CEO of the new card grading company Rare Edition. Alex talks about the latest developments at Rare Edition and their goals as they enter a competitive market with one of the nicest quality, cutting-edge slabs in the card industry.

That’s all for this week. Make sure to check out our Discord, where issue previews and in-depth valuations get kicked around.

If you want to hear from me more often, you’re in luck – we launched The WC, a new weekly edition that you can sign up for HERE.

Cheers,
Wyatt

Share

Author

Wyatt Cavalier

Wyatt Cavalier

With a background in finance & intelligence analysis, Wyatt has an unhealthy obsession with finding the best blue chip investment opportunities. His previous newsletter, Fractional, resonated deeply with subscribers, bringing actionable insights and unconventional trading strategies. His rare book collection specializes in banned editions. He currently lives in Spain with his beautiful wife, three young boys, and dog Monty.

Related Posts

new all blacks stadium concept in auckland nz

Stadium economics: Are the subsidies worth it?

The idea of subsidizing stadiums through taxes has always been odd. But sports teams are a public good. And these subsidies fuel new investments (like our investment in a rugby team!)

April 7, 2024
crowded skeeing

America’s Ski Resort Duopoly

America’s skiing market is dominated by Vail and Alterra — both of which are thriving. But this market has unique supply & demand qualities, and a very uncertain future.

December 28, 2023
Alts1 Fund Graphic Small

Recently Published

Interested in Sports Cards investing?

Get updates on new IPOs across Rally, Collectable, and Otis.


Join the club. Start here.

    Join thousands of subscribers.
    Absolutely spam-free.

    Website
    Address
    651 North Broad Street, Suite 206 Middletown, DE 19709
    Subscribe to Newsletter
    Alternative Assets - Unique investment ideas worth exploring | Product Hunt
    Linkedin Youtube Instagram Podcast Tiktok Twitter
    © 2023 Alt Assets, Inc. All Rights Reserved

    Disclaimer: The authors of Alt Assets, Inc. are not finance or tax professionals. They are self-taught accredited investors, sharing information, research, and lessons learned. The published content is unique, based on certain assumptions and market conditions at the time of publishing and is intended to serve solely as research, not financial advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several or all of the alternative asset classes that Alt Assets, Inc. publishes content on its site. Any published articles on Alt Assets, Inc. that an alternative asset has a “buy”, “pass”, “overvalued” or “undervalued” designation does not factor into the asset classes that the Fund through its manager ultimately invests in, and thus, any of the Fund’s investments that have positive designations on the Alt Assets, Inc.’s site are purely coincidental as the Fund is actively managed and guided by its own investment parameters as summarized in the relevant private placement memorandum.