Welcome to Sports Cards Insider for April 5th, 2022 – FREE Edition.
Each week we give you the scoop on undervalued, mispriced, and hidden gems in Alternative Investing.
Table of Contents
Sports Cards in 2022
Firstly, as a reminder, here’s my view on sports cards sectors for 2022:
– All soccer, especially vintage
– Vintage basketball
– Vintage football
– Hockey, except for ultra blue-chip
– Golf
– Tennis
– Modern basketball
Sports cards continue to trade within a narrow band on the fractional markets. No big movements up or down overall.
But CardLadder’s high-end index has dipped into negative territory over the last month for the first time in a long time.
Last Week in Sports Cards
Fractional secondary markets
The fractional markets are a bit of a microcosm of the larger market, as one Lewis Hamilton F1 card dominated the markets last week. The other biggish winner was a two-card asset class – wrestling. The bulk of assets were clustered around even.
This Week
Assets dropping on marketplaces
There’s a lot going on this week on fractional marketplaces, including some drops from Collectable on MLB’s opening day.
1911 C55 PSA 7 (PWCC- E) George Vezina
- Market Cap: $118,150
- Inferred Value: $75k
- Date: 4/5/22 on Collectable
- Our View: [INSIDERS ONLY]
Unopened Box Basket (35x) 1993 SP
- Market Cap: $222,000
- Inferred Value: $168,000
- Date: 4/6/22 on Collectable
- Our View: [INSIDERS ONLY]
’16 Bowman Chrome Orange Refractor BGS 9.5 Juan Soto
- Market Cap: $130k
- Inferred Value: $152k
- Date: 4/7/22 on Collectable
- Our View: [INSIDERS ONLY]
‘15 Bowman Chrome Orange Refractor BGS 9.5 Cody Bellinger
- Market Cap: $26k
- Inferred Value: $19k
- Date: 4/7/22 on Collectable
- Our View: [INSIDERS ONLY]
’16 Bowman Gold Refractor Fernando Tatis, Jr.
- Market Cap: $55,500
- Inferred Value: $45,600
- Date: 4/8/22 on Collectable
- Our View: [INSIDERS ONLY]
Auctions
Another month another Goldin Elite auction. Here’s what I’m watching this time:
- 2014 Prizm World Cup Gold Messi. I’ve got no idea where this is going to finish up, but it’s on pace to set the record for a Messi card (it’s already over $400k).
- Another soccer card – 2002 – 03 Ronaldo rookie. There were a couple of monster sales for this card in October 2021 for $250k and $320k, and there was some concern they were outliers after a downtrend. He was doing well at Man U in the autumn, but most would now say signing the aging star was a mistake.
- As ever, there’s a 1986 Michael Jordan PSA 10 rookie card on offer. The card is off 50% over the last year, and the new price to beat is *only* $240k. Currently at $228k, this might be the auction that turns the card around.
- I’m trying to figure out what’s going on with F1 prices, and this could be a decent indicator. Both Goldin and Alt have a Lewis Hamilton PSA 10 2020 Topps Chrome Sapphire Aqua Refractor on offer this week, and the price to beat is around $20k. Hamilton’s cards have been all over the place in the last year, and a triple patch card on fractional platform Rally pumped 150% in initial trading.
- Meanwhile, PWCC has got a rare PSA 10 Scoring Leaders rookie card for Larry Bird and Magic Johnson. You don’t see these come around very often. A couple of them sold for $860k and $800k last summer and autumn, respectively, and I *think* we’ll see this one beat that. Definitely one to watch to prove/disprove my vintage basketball bullishness.
