Donkey Kong 3 – NES – Trading Update

Welcome to the latest issue of Trading Updates / Video Games Insider – FREE VERSION

Today is a deep dive into Donkey Kong 3 – NES that will be trading on Rally Road on Wednesday July 7th, 2021.

What is the Asset?

This is a sealed copy of the 1986 NES game Donkey Kong 3 graded 9.2 A+ by WATA. It is an midproduction version known as the “2 Code” variant with a hangtab. There are several variations but only a few sealed copies of this version are known to exist.

Donkey Kong 3 was the third game in the Donkey Kong series, and notably, it did not feature Mario and was not a particularly memorable game nor was it a critical or commercial success.

Rally purchased this copy for $38,400 in January.

What is the current status of the Asset?

This originally IPO’d on March 2nd with 4,350 shares at $10 each for a total valuation of $43,500. It took six days to fund initially. It opens for trading on Wednesday July 7th from 9:30 AM – 4 PM EST. This will be its first trading window.

Inferred Valuation / Target Share Price

[Detailed Valuation for Insiders Only]

Past Asset Growth

[Insiders Only]

Growth Outlook and Future Catalysts

While I am bullish on the video game market, Donkey Kong 3 just isn’t a top tier item. It took nearly a week to fund initially at a time when Rally’s assets were funding quickly. There’s no reason other than scarcity that it would pop in value — it’s just not a popular game with much nostalgic value.

Final Thoughts / Verdict

[Full Evaluation for Insiders only]

A fair number of assets at Rally have fallen sharply in their first trading window before either getting bought out or rising in the next one – though not in the video game category. Given the length of time it took to fund, we could see people dumping shares.

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Author

Adam Katz

Adam Katz

Adam is a lawyer and real estate investor with a finance background. His diverse job experience includes stints in a MLB front office, a major global law firm and the real estate investment fund he co-founded. He is bringing his well-honed research and valuation skills to the world of fractional investing. Born and raised in San Francisco, he currently lives in Brooklyn with his dog, a pit bull mix named Beaux.

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