Welcome to Sports Cards Insider – FREE Version.
We use Moneyball tactics to discover undervalued, mispriced, and hidden gems in Fractional Investing.
The underlying fundamentals behind sports cards continue to decline across fractional markets. The asset class remains positive for 2021, but its downward trend indicates it may not stay that way for long.
The picture resolves a bit further when you dissect the underlying components into high-end, mid-tier, and low-end cards.
As usual, the blue chip cards are holding up better than mid-tier and lower end.
Table of Contents
Last Week
Fractional secondary markets
Some positivity from third-tier sports like wrestling and boxing, but the bulk of assets — the first-tier sports — were flat to down last week.
Auctions
As mentioned last week, both Heritage and PWCC finished up major auctions over the weekend. We tracked 28 of the key lots — mostly blue chip assets with representation on one or more of the various fractional platforms.
Overall, the lots ended up an average of 8.8% below the assets’ current market cap on those fractional platforms and 5.6% below our inferred values.
The results:
This Week
Assets dropping on marketplaces
Three IPOs this week across three different sports.
1980 Scoring Leaders PSA 9 Bird | Magic | Erving PSA 9
- Market Cap: $29,950
- Inferred Value: $27,600
- Date: 11/23/21 on Collectable
- Recommended [Insiders Only]
1954 Topps #201 PSA Mint 9 Al Kaline
- Market Cap: $39,750
- Inferred Value: $20k
- Date: 11/24/21 on Collectable
- Recommended [Insiders Only]
Peyton Manning 1998 SP Auth BGS 10
- Market Cap: $22k
- Inferred Value: $25,310
- Date: 11/25/21 on Rally
- Recommended [Insiders Only]
1955 Topps #124 PSA Mint 9 Harmon Killebrew
- Market Cap: $39,950
- Inferred Value: $36,250
- Date: 11/26/21 on Collectable
- Recommended [Insiders Only]
Undervalued assets trading on marketplaces
There’s no trading on Rally this week as they prepare for real-time trading next week. The best pick for cards new to the secondary market is this LeBron.
2003 Exquisite LeBron James RPA/99 BGS 8.5
- Market Cap: $1.3m
- Inferred Value: $2.5m
- Date: 11/26/21 on Collectable
