Welcome to Sports Memorabilia Insider for February 24th, 2022 – FREE edition.
Each week we give you the scoop on undervalued, mispriced and hidden gems in Alternative Investing.
Table of Contents
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Horacio sat down with Amir Carlisle, Co-founder and CEO of The Players Company – a modern financial collective for athletes, by athletes. Amir talks about the vision of The Players Company, his football career, the perils of athletes and money, and a desire to help bridge the racial wealth gap.
Sports Memorabilia in 2022
Finally! The sports memorabilia index appeared to wake up from its multi-week slumber as it drifted upwards 1% last week. Time will tell if this is the long-awaited breakout or just a temporary blip.
The index remains down 3% YTD, but up 16% from the depths reached back in July 2021.
Last Week
Fractional Secondary Markets
All sports memorabilia assets were up slightly more than a half percent for the week. The two titans of the index moved in opposite directions – baseball was up 2% for the week, while basketball was slightly in the red with a .3% loss.
Vintage game-used baseball memorabilia continued a strong two-week run as the Rally 1962 Mickey Mantle World Series Signed bat gained 96.1%, and the Rally 1951 Joe DiMaggio game-worn jersey was up 89.6%.
Game-worn sneakers on Rally led the decliners as both the 1988 game-worn Air Jordans III’s dropped 45% and the Zion Williamson game-worn sneakers, perhaps influenced by rumors of further setbacks in his rehab, fell 40%.
Buyouts
The Collectable George Mikan 1948 Bowman RC Original Photo received a buyout offer of $85,000 ($13/share), representing a 30% return over IPO and 19.27% return over last traded price; updating inferred value to $85,000.
This Week and Next
Fractional Market IPOs
Rally and Collectable each present an IPO this week.
1984 Michael Jordan Debut Ticket Stub (PSA 5)
- Market Cap: $160,000
- Retained Equity: $0
- Inferred Value: $140,000
- Drop: 2/24/2022 on Rally
- Our view: [INSIDERS ONLY]
2016 Kobe Bryant Game-Worn & Photo-Matched ‘Black History Month’ Sneakers
- Market Cap: $72,000
- Retained Equity: $0
- Inferred Value: $30,000
- Drop: 2/23/2022 on Rally (Early Access)
- Our view: [INSIDERS ONLY]
Secondary Markets
Rally debuts four memorabilia assets for live trading this week.
Note: Market cap data correct as of 2/22
1980 Muhammad Ali Sparring Gloves (Inscribed to Stallone)
- Platform: Rally
- Market Cap: $35,000
- Inferred Value: $20,000 (updating inferred value to reflect recent comps)
1962 Wilt Chamberlain 100 Point Game Ticket (PSA 3)
- Platform: Rally
- Market Cap: $80,500
- Inferred Value: $121,000
Zion Williamson Game-Worn Sneakers
- Platform: Rally
- Market Cap: $25,075
- Inferred Value: $13,000
1988 Michael Jordan Game-Worn/Dual Signed Sneakers
- Platform: Rally
- Market Cap: $40,000
- Inferred Value: $18,000
Auctions
The Heritage Winter Platinum Sports Auction, which wraps this upcoming weekend, has some sports memorabilia pieces relevant to fractional investors:
- 1996 Greater Milwaukee Open Full Ticket – Tiger Woods Professional Debut (PSA 9) – Currently at $55,200; Collectable will be IPO’ing the same ticket in a PSA 8 at a future date.
- 1948 “The Babe Bows Out” Photo – PSA/DNA Type 1 – Currently at $26,400; this is an oversize version of the photo measuring 14” x 9.5” so it should sell at a premium to the Collectable offering, which measures 8” x 10” with a market cap of $49,500.
- 1968 Mickey Mantle’s Last New York Yankees Game-Worn Jersey, Mears A10 – Signed and Photo Matched – Currently at $720,720; Rally has a 1960 Mantle game worn/signed jersey from 8 years earlier and same grade, but not photo matched currently trading at $514,250
- 1986 Michael Jordan Game-Worn and Signed Nike Air Jordan 1 Sneakers – Photo Matched – Currently at $420,000; Rally has a similar asset from one year earlier that lacks signature or photo-matching currently trading at $152,000.
- 1946 American Baseball Bureau Questionnaire Filled Out and Signed by Jackie Robinson – Currently at $1,680,000; not fractional-market relevant, but this is a museum-worthy piece that will probably only come on the market once or twice in a lifetime. Here’s hoping that whoever wins this allows the public to view this somehow.
