Welcome to Sports Memorabilia Insider for Jan 20, 2022 – FREE issue.
Each week we give you the scoop on undervalued, mispriced and hidden gems in Alternative Investing.
Table of Contents
Sports Memorabilia in 2022
Sports memorabilia ended a three-week losing streak by staying flat on the week. The index remains down 4% for the first few weeks of 2022.
Last Week
Fractional secondary markets
Basketball memorabilia had one of its stronger recent weeks as the category was up 4.5%, enough to offset declines in all the other memorabilia categories.
The beaten-down Collectable Chris Bosh sneakers rebounded 54% and a pair of game-worn jerseys also saw gains (the Otis Kevin Durant Warriors jersey up 66% and the Collectable 2006 Kobe Bryant jersey up 18%).
Vintage baseball memorabilia was the biggest loser as items such as the ‘71 Mays jersey (down 20%) and Jimmie Foxx bat (down 15%) led the decliners.
Auctions
No major auctions concluded last week.
This Week and Next
Fractional Market IPOs
Collectable has the only fractional IPO of the week for sports memorabilia.
Wilt Chamberlain 1972 Game Used Jersey
- Market Cap: $280,000
- Retained Equity: $0
- Inferred Value: $125,000
- Drop: 1/20/2022 on Collectable
- Recommendation: [INSIDERS ONLY]
Fractional Secondary Markets
Two assets make their live trading debut this week.
Note: Market cap data correct as of 1/17
1994 Michael Jordan Game Worn & Signed Baseball Cleats
- Platform: Rally
- Market Cap: $56,000
- Inferred Value: $40,000 (updated inferred value; a non-signed pair of Jordan baseball cleats sold in August 2021 for $33,600 and the CardLadder Jordan index is up 10% in the interim)
- Recommendation: [INSIDERS ONLY]
2009 Alex Rodriguez World Series Full Uniform – Signed and Inscribed
- Platform: Collectable
- Market Cap: $130,000
- Inferred Value: $34,500
- Recommendation: [INSIDERS ONLY]
Auctions
Lelands, in conjunction with Collectable, is currently running the Mint25 auction through January 29 that features several high-profile lots with an impact on current fractional memorabilia offerings:
- Wilt Chamberlain 100 Point Game Signed Program and Ticket Stub (PSA 3) – the ticket is a direct comp to the Rally Wilt ticket (market cap $115,000/inferred value $200,000); current bid of $67,005; this offering should sell at a premium to the Rally asset as it also includes a signed program.
- 1952 Mickey Mantle Game Used All-Star Bat (PSA GU 7.5) – issued to Mantle for use during his first All-Star game; current bid of $33,501; Rally has a 1962 GU 9 Mantle World Series game-used and signed bat with a current market cap of $90,600; the Leland piece should sell at a premium to the Rally asset (pre-auction estimate of $200,000 – $300,000).
- Kareem Abdul-Jabbar Record-Setting NBA Point Basketball – this is one of two assets that were trading on the Collectable platform that was entered into the auction (the other being the Ty Cobb 1910 E98 card); the market cap on Collectable is currently at $385,000 (live trading begins February 4); pre-auction appraisal was at $400,000 – $600,000 and Collectable has set a reserve price to ensure shareholders don’t lose money; if the reserve is not met, final bid will be a great inferred value indicator for when trading begins.
And finally, with the 2022 Olympic Winter Games scheduled to kick off in less than a month, RR Auction has an Olympic memorabilia auction ending January 20th.
The auction features several medals, with some dating back to the first modern Olympic Games in Greece in 1896. There are also other memorabilia offerings such as Olympic torches, tickets (including some from the iconic 1980 men’s hockey team games), and other cool mementoes.
