Welcome to Sports Memorabilia Insider for March 15th, 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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In this episode, Horacio spoke with Alan Goldsher, Head of Content at Collectable. Alan is the host of Collectable Daily, interviewing some of the biggest names in the sports industry. He talks about useful insights his guests have shared, being a professional musician, a published author, and his path toward being a podcast host.
Sports Memorabilia performance 2022
The downtrend accelerated last week as the index dropped 4% which was its biggest one-week move in 2022. The sports memorabilia index is now down 10% year to date.
Last Week
Fractional Secondary Markets
Red across the board as no single memorabilia category had a positive return for the week. Golf memorabilia was the largest percentage decliner at 9%, while basketball’s 5% drop had the most impact on the index.
Early Jordan memorabilia were some of the lone bright spots in the sports memorabilia bloodbath: his 1984 signing day jersey gained 12.8% and the 1991 game-worn home uniform was up 10%.
Zion Williamson’s high school sneakers dropped 29.9% on Rally as it looks less and less likely with each passing day that he will see any meaningful game action this season.
Rally’s Muhammed Ali’s 1975 fight-worn boots fell victim to the recent weak boxing memorabilia market as they tumbled 28%.
Auctions
The Goldin Elite Auction concluded on Sunday, March 13. Some of the items of note included:
- 1965-69 Willie Mays Game Used Bat (PSA/DNA 9.5) – Sold for $39,600. Rally has a game-used and signed Mays bat from 1968 with a current market cap of $42,500 that should trade at a premium to the Goldin piece due to the better condition and signature. Maintaining the inferred value of Rally 1968 Willie Mays game-used bat at $50,000.
- Babe Ruth Signed Baseball (PSA/DNA GEM MT 10) – Sold for $92,400. Signed by Babe Ruth in 1947 after the conclusion of his playing career and a year before his death. Strong result. Adjusting the inferred value of Collectable Ruth/Gehrig dual signed baseball to $85,000.
The Lelands Winter Classic 2022 auction also concluded on Sunday.
- 1962 Wilt Chamberlain 100 Point Game Ticket PSA VG 3 – Sold for $107,828; direct comp for the Rally ticket; updating the inferred value of Rally Wilt 100 point ticket to $108,000.
- Tom Brady’s Last Touchdown Pass Football (Photo-Matched) – Sold for $518,628. You have to feel sorry for the buyer … dropping over a half a million dollars for this ball which was Brady’s last touchdown pass until Brady announced his return a few hours after the auction concluded. D’oh!
This Week and Next Week
Fractional Market IPOs
Collectable has the only IPOs of the week as they offer two game-worn NBA jersey assets:
2021 Joel Embiid Philadelphia 76ers Game-Worn/Photo-matched Jersey
- Market Cap: $37,500
- Retained Equity: $0
- Inferred Value: $15,000
- Drop: 3/15/22 on Collectable
- Our Opinion: [INSIDERS ONLY]
1994 Charles Barkley Phoenix Suns Game-Worn/Photo-matched Jersey
- Market Cap: $151,000
- Retained Equity: $0
- Inferred Value: $70,000
- Drop: 3/20/22 on Collectable
- Our Opinion: [INSIDERS ONLY]
Secondary Markets
Collectable debuts one asset for live trading this week:
1925 Lou Gehrig Exhibit Image – Type III Photo
- Platform: Collectable
- Trading Date: 3/17/22
- Market Cap: 51,500
- Inferred Value: $32,500
Auctions
The Goldin Monthly Sports and Pop Culture auction wraps up this week.
There are a number of Philadelphia 76ers game-worn pieces with proceeds being donated to the Sixers charitable foundation: a complete James Harden and Joel Embiid uniform highlight the memorabilia offerings.
For fans of poor acting in 90’s movies, Heritage has this fine piece in their weekly auction: a 1996 Michael Jordan signed Space Jam Cartoon Animation Cel Display. There is also a baseball signed by 11 members of the 500 home-run club, which, at a current bid of $630, seems like a great budget play to get several of the game’s all-time greats on one ball.
