Sports Cards Roundup

Welcome to Sports Cards Insider – FREE Version.

We use Moneyball tactics to discover undervalued, mispriced, and hidden gems in Fractional Investing.

The format for these updates is evolving over the next couple of weeks, so please do give feedback. As ever, we’re going for more signal and less noise.

Last Week

Fractional secondary markets

It was a mixed week for sports cards as wrestling and tennis were up while nearly everything else was down.

All stats come from assets trading on the secondary markets at Otis, Collectable, and Rally

CardLadder’s CL50 Index, which tracks 50 Blue Chip sports cards (plus the 1999 Pokemon Charizard 1st Edition Holo), was largely flat on the week.

This Week

New IPOs

There’s not much to like about the sports cards IPOs this week, and we’ve recommended against all of them.

Honus Wagner 1910 Tip Top Bread PSA 5

  • Market Cap: $100k
  • Inferred Value: $85k
  • Platform: Rally
  • Date: 10/12/2021
  • Recommendation: Pass (valuation, was offered for $89k on Collectable recently and will open on secondary market soon)

1948 Leaf #79 PSA 3.5 PWCC-A Jackie Robinson

  • Market Cap: $38k
  • Inferred Value: $20k
  • Platform: Collectable
  • Date: 10/12/2021
  • Recommendation: Pass (valuation, was purchased for $30k in April but Robinson’s cards have declined since then. A PSA 5 sold for $20,400 in August 2021)

Negro League Basket Josh Gibson & Satchel Paige

  • Market Cap: $88k
  • Inferred Value: $35k
  • Platform: Collectable
  • Date: 10/14/2021
  • Recommendation: Pass (valuation, Gibson card is primary value driver, and sold for $12,500 in 2003. His cards have 2x to 3x since then)

’17 Prizm Bronze Stars /6 Basket BGS 9 (2x) Patrick Mahomes

  • Market Cap: $110k
  • Inferred Value: $80k
  • Platform: Collectable
  • Date: 10/17/2021
  • Recommendation: Pass (valuation, Gibson card is primary value driver, and sold for $12,500 in 2003. His cards have 2x to 3x since then)

Secondary markets

This is where we’ll highlight assets trading significantly below their inferred value.

For now, we’re only including assets newly trading and those coming into trading windows on fractional marketplaces. This will expand over time. If you have a specific request, please hit reply to let us know.

Mickey Mantle 1953 Topps PSA 8

  • Market Cap: $98k
  • Inferred Value: $146k
  • Platform: Collectable
  • Date: 10/14/2021

Only Alt

OnlyAlt publishes their own valuations for each card on its exchange. Here are a few that are listed well below their OnlyAlt value (DYOR, their valuations aren’t always correct).

Get a free $25 when you sign up to Alt.

2004 Topps Chrome Gold Refractor Shaquille O’Neal #158 PSA 9 66/99

  • Price: $1,500
  • Alt Value: $2,885

2020 Panini Contenders Tua Tagovailoa #103B PSA 10

  • Price: $800
  • Alt Value: $1,239
  • Note: Looks like he’ll be back this Sunday

2019 Panini Prizm Choice Red Prizm Luka Doncic #75 BGS 9.5 14/88

  • Price: $800
  • Alt Value: $1,170

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Author

Picture of Wyatt Cavalier

Wyatt Cavalier

With a background in finance & intelligence analysis, Wyatt has an unhealthy obsession with finding the best blue chip investment opportunities. His previous newsletter, Fractional, resonated deeply with subscribers, bringing actionable insights and unconventional trading strategies. His rare book collection specializes in banned editions. He currently lives in Spain with his beautiful wife, three young boys, and dog Monty.

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