• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
    • Contact Us
    • Get Sports Collectors Daily via EMail
    • Advertise with SC Daily
    • Write for Sports Collectors Daily
    • Write About Your Sports Collection
    • Where Can I Sell My Baseball Cards?
  • Hot on eBay
    • Most Watched Graded Rookies
    • Most Watched PSA 10 Cards
    • Most Watched BGS, BVG Cards
    • Most Watched SGC Cards
    • Most Watched CSG,CGC Cards
    • Most Watched Baseball Cards
      • Most Watched 2023 Baseball Cards
      • Most Watched 2022 Baseball Rookie Cards
      • Bowman Chrome Cards
      • Ronald Acuna Jr. Cards
      • Shohei Ohtani Cards
      • Mike Trout Cards
      • Fernando Tatis Jr. Cards
      • Babe Ruth Cards
      • Hank Aaron Cards
      • Jackie Robinson Cards:
      • Mickey Mantle Cards
      • Willie Mays Cards
      • Vintage Baseball Card Sets
      • T206 Cards
    • Most Watched Basketball
      • Top 100 Most Watched Basketball Rookie Cards
      • 100 Hottest 2022-23 NBA Rookie Cards
      • 100 Hottest 2021-22 NBA Rookie Cards
      • 100 Hottest 2020-21 NBA Rookie Cards
      • 100 Hottest 2019-20 NBA Rookie Cards
        • Zion Williamson Rookie Cards
        • Ja Morant Rookie Cards
      • Michael Jordan Cards
      • Kobe Bryant Cards
      • LeBron James Rookie Cards
      • Nikola Jokic Rookie Cards
      • Giannis Antetokounmpo Cards
      • Luka Doncic Rookie Cards
      • Prizm Basketball Cards
      • Panini National Treasures
    • Most Watched Football Cards
      • Most Watched NFL Rookie Cards
      • 2022 NFL Rookie Cards
        • Brock Purdy Rookie Cards
      • 2021 NFL Rookie Cards
      • 2020 NFL Rookie Cards
        • Joe Burrow Rookie Cards
        • Justin Herbert Rookie Cards
        • Jalen Hurts Rookie Cards
      • Josh Allen Rookie Cards
      • Patrick Mahomes Rookie Cards
      • Tom Brady Cards
    • Most Watched Hockey Cards
      • Top 100 Most Watched Hockey Rookie Cards
      • Most Watched 2021-22 NHL Rookie Cards
      • Most Watched 2020-21 Rookie Cards
      • Most Watched 2019-20 Rookie Cards
      • Connor McDavid Cards
      • Wayne Gretzky Cards
      • Bobby Orr Cards
    • Most Watched Soccer Cards
    • Most Watched UFC Cards
    • Most Watched Golf Cards
    • Most Watched 1 of 1 Cards
    • Most Watched Racing Cards
    • Top Sports Card Dealers on eBay
    • Most Watched Memorabilia
      • Vintage Sports Memorabilia
    • Vintage Sports Tickets, Stubs
    • Most Watched Autographs
  • Ending Soon on Ebay
    • Baseball Cards
    • Basketball Cards
    • Football Cards
    • Hockey Cards
    • Soccer Cards
    • Golf Cards
    • UFC Cards
  • Top - Ad

Sports Collectors Daily

Sports Collectors Daily

Sports collecting news - Sports cards and sports memorabilia industry news.

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. 

  • Sports Memorabilia News
  • Sports Card News
    • Modern Sports Card News
      • New Sports Card Release Calendar
      • Shop Talk
    • Vintage Sports Card News
      • Affordable Vintage Cards, Collectibles
      • Old Baseball Card Sets
      • Old Basketball Card Sets
      • Old Football Card Sets
      • Old Hockey Card Sets
      • Vintage Pack Facts
  • Business/Industry News
    • Sports Memorabilia Business News
    • Sports Memorabilia Industry News
  • Around The Hobby
    • Editor’s Blog
    • David Cycleback’s Identification and Authentication Advice
  • Popular Stories
  • Sell Your Cards
You are here: Home / Business/Industry News / Sports Memorabilia Business News / Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia

Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia

September 10, 2020 By Bob D'Angelo

For collectors who have big dreams of owning an expensive sports card or piece of memorabilia but have a small wallet, fractional ownership is aiming to scratch that itch.  The latest entry into the market and the first to be devoted only to sports, Collectable resembles the stock market, allowing investors to buy shares of high-end sports cards and memorabilia. The platform will go live as a mobile app Thursday and is available on IOS and Android devices.

“We’re offering some items that are some of the best of the best,” said Collectable CEO Ezra Levine, 34, a former portfolio manager for a sports, media, consumer and entertainment hedge fund in New York City. “Items that the average collector, or most people, who never be able to sniff, or own physically. So, it’s not necessarily a substitute for physical ownership, but it’s offering the ability to own things in a different way.”

The first item Collectable will offer is one of only two 1953 Topps card of Mickey Mantle graded PSA 10 Gem Mint.  The card will open at $2.5 million, with the cost per share fixed at $25. There will be 40,000 available shares for the public to buy.  

Levine said future listings will include vintage and modern sports cards, game-used items, championship rings and historic sports documents.

Future “stock” possibilities include Stephen Curry signed rookie cards, a 1986-87 Fleer Michael Jordan rookie card, a Prizm rookie card of Kawhi Leonard, a LeBron James rookie card, and a baseball signed by Babe Ruth and Lou Gehrig.  The company has over $30 million in collectibles in its inventory.

Collectors can buy shares by linking a bank account or a credit card to the app. The app can be downloaded on iOS or Google Play.

The original owner will retain 60 percent of the shares.

So, what is the lure? Why buy a piece of a collectible that you won’t be able to physically handle?

“It’s another opportunity for people to engage with the hobby, to own items and to grow the pie, together,” Levine said, “and to bring in people who otherwise would never be able to sniff the type of quality that we’re going to be able to offer.”

After an investor buy shares, there is a 90-day lockup period once the item is fully funded. That means once a user buys a share, he or she will not have access to the money they invested for three months.

Collectable will partner with Templum Markets, LLC, to provide a secondary market for its offerings once they become available for resale.

Ezra Levine of Collectable

“Quite honestly, I heard about the opportunity to combine memorabilia, my love of sports, my background in the financial markets, and I really fell in love with it,” Levine said.

Collectable’s concept is similar to the one used by Rally (formerly Rally Rd.), which was formed in 2016 by Chris Bruno, Rob Petrozzo and Max Niederste-Ostholt. The difference is that Rally also sells shares in expensive automobiles, for example, while Collectable will keep its focus on sports items.

“Look, I love the guys at Rally Rd., I’ve got nothing bad to say about them,” Levine said. “I actually think they’ve done a tremendous job — we’re just focused on sports.”

Levine was very focused on sports — “a huge sports fan, huge baseball fan” — when he was a kid growing up in Manhattan.

“I grew up a diehard Yankees fan,” he said, also noting he rooted for other New York teams like the Giants, Rangers and Knicks.

“I collected baseball cards and basketball cards when I was a kid,” Levine said. “I was definitely prone to have a lot of useless cards that are still sitting in my parents’ apartment.”

Levine’s father, Robert N. Levine, enjoyed collecting memorabilia. He also was the 58th president of the New York Board of Rabbis from 2006 to 2008, and wrote the 2005 book, There is No Messiah and You’re It. The elder Levine enjoyed the hobby and collected Sandy Koufax items.

“I’ve grown up in and around the hobby,” said Ezra Levine, who has attended the National “numerous times” with his father.

Levine maintained his love for sports when he attended the University of Michigan, where he earned a bachelor’s degree in American Studies in 2010. While at Michigan, Levine cut his teeth in various media internships. He helped with Wolverines’ coverage for CBS Sports and ESPN from 2006 to 2010. He also interned with ABC World News during the summer of 2008.

Next, Levine earned his master’s degree in business administration at New York University in 2016. In the meantime, he managed hedge funds for Bloomberg (2010-2012) and then for Hilltop Park Associates (2012-2017).

And before getting involved with Collectable, Levine was the chief financial officer for The Spring League, a professional football scouting events developmental league.

“I got a lot of my operational background and my entrepreneurial background from that,” Levine said. “It’s a very tough business. We’ve been able to survive in very impressive fashion.

“We’ve flown under the radar, but it’s a nice little business, and it’s fun.”

Levine said what will set Collectable apart will be partnerships with athletes selling their memorabilia. Sellers will be allowed to retain equity in offerings sold through Collectable but must offer a minimum of 40% of the total asset value at IPO.

“We are striking up partnerships with pretty prominent pro athletes,” Levine said.

Emmitt Smith (L) will partner with Collectable.

The first partnership is with retired running back Emmitt Smith, the NFL’s all-time rushing leader.

“(He’s) very big into memorabilia. Very big into authentication,” Levine said of Smith, who founded PROVA Group. “His angle here is, he wanted to go directly to the fans and share his accomplishments, his memorabilia.

“He didn’t think that going through auction platforms was as intimate as he’d like it to be.”

Smith agreed.

“I’ve seen the memorabilia space both as a player and through my authentication company,” the former Dallas Cowboys great said. “Collectable is on the verge of creating something truly unique.”

Collectable is also planning shareholder-type events. For example, Smith can communicate exclusively with people who own shares of his memorabilia.

“There will be lots of unique access points,” Levine said.

For now, Levine said the app will remain mobile, but there are plans to roll out a web-based program.

“We will have a web-based platform in short order,” Levine said. “Some of the trading will probably be done on the website in addition to the app, only because it’s a larger screen size.”

Levine also envisions expansion outside the United States in the future. Collectable could have future platforms for sports like soccer and rugby.

“We could expand tomorrow if we wanted to,” Levine said. “Our approach is, ‘Let’s just nail sports, let’s just nail being here in the States,’ but I think this is a global opportunity. Sports is global, sports is populist, and we think our company is incredibly well-capitalized to be able to do large things in this space.”

The Collectable staff, which includes former NFL running back Michael Haddix as head of player relationships and author Alan Goldsher as head of content, has been working to prepare Collectable for its debut.

Levine has reason to be excited about Collectable’s chances. The coronavirus pandemic has kept collectors at home, and many of them have been searching the internet for ways to continue enjoying their passion.

“The hobby is reaching new heights and new levels,” Levine said. “And we hope to be a major part of this, and to really open up access to the hobby for people who have been priced out in a lot of ways.

“We’re going to grow the hobby together. It’s a digital alternative, it’s not a substitute or trying to undercut (anyone), it’s just a way to open this up and provide another opportunity.”

Collectable App Demo

  • Facebook
  • Twitter
  • Pinterest
  • Reddit
  • Facebook Messenger

Related Stories:

Rally Adds $15 Million in Funding; Aims for Wider Exposure MINT Collective Event Focused on Investing, Growth eBay, Panini Announce NSCC Plans; $3.1 Million Mantle; New Shows; Bucks Jersey Auctions Notes: Spring Graphing Woes; Big Offer for Brady; Networks on the Hobby; Upper Deck Updates, Project70 Sales Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan Hobby Veteran Dan Imler Announces Launch of New Sports Collection Management Firm Collectable Aims to Offer Shares of High-End Sports Memorabilia Mickey Mantle 1953 Topps1953 Topps Mickey Mantle on the Rise

About Bob D'Angelo

Bob has been a sportswriter and copy editor for more than 35 years and a blogger for a decade. He is celebrating his 50th year of card collecting, and still counts his 1965 Topps Mickey Mantle as his favorite. You can reach him at [email protected].

Filed Under: Sports Memorabilia Business News Tagged With: 1953 Topps Mickey Mantle, Collectable, Ezra Levine, fractional ownership, fractionalized ownership, investing in baseball cards, investment, Rally, sports card market

Primary Sidebar

Our articles may contain affiliate links. When you click on links to merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. 

Shop Sports Cards on Ebay
  • Football
  • Basketball
  • Baseball
  • Hockey

High End Cards and Memorabilia

  • BBCE Authenticated Boxes, Packs opens in a new window
  • Graded pre-War Card eBay Auctions
  • PWCC Premier Auction
  • PWCC Fixed Price Marketplace
  • Graded Rookie Cards on eBay opens in a new window
  • Authenticated Photos on eBay opens in a new window
  • Graded Tickets & Stubs opens in a new window

Bargain Corner

  • Michael Jordan cards $5 and less opens in a new window
  • Kobe Bryant cards $5 and less opens in a new window
  • Mickey Mantle Cards Under $150 opens in a new window
  • Graded T206 Cards Under $150 opens in a new window
  • Pre-War Cards Under $100 opens in a new window
  • Pre-1980 Graded Baseball Cards $10 and Less opens in a new window
  • Pre-1980 Graded Football Cards $10 and Less opens in a new window
  • Vintage Graded Basketball Cards $25 and less opens in a new window
  • Vintage Graded Hockey Cards $10 and Less opens in a new window
  • Complete Sets $20 and Less opens in a new window
  • Baseball Hall of Famers for $5 or Less opens in a new window
  • Football Hall of Famers for $5 or Less opens in a new window
  • Hobby Boxes Under $30 opens in a new window
  • Pre-1986 Rookie Cards Under $1 opens in a new window
  • Buy Boxes Directly from Topps opens in a new window

RSS Auction Report

  • Watch The Iconic Auctions LiveStream Preview Show – October 4, 2023 at 8 PM CST
  • Grey Flannel Auctions Accepting Consignments & Buying
  • Huggins and Scott Accepting Consignments For 2023 Auctions

Footer

Categories

  • Around the Hobby
  • Business/Industry News
    • Sports Memorabilia Business News
    • Sports Memorabilia Industry News
  • David Cycleback's Identification and Authentication Advice
  • Editor's Blog
  • Featured Articles
  • Hobby Shop Talk
  • National Sports Collectors Convention
  • Popular Stories
  • Rich Klein's Ramblings
  • Sports Card News
    • Modern Sports Card News
      • New Sports Card Release Calendar
    • Vintage Sports Card News
      • Old Baseball Card Sets
      • Old Basketball Card Sets
      • Old Football Card Sets
      • Old Hockey Card Sets
      • Vintage Pack Facts
  • Sports Memorabilia News
  • Uncategorized

Sponsor Links

  • Sports Card Forumopens in a new window
  • Buying Vintage Sports Cardsopens in a new window
  • Game Used Jerseysopens in a new window
  • Championship Rings For Saleopens in a new window
  • Vintage Basketball Cardsopens in a new window
  • NBA Signed Itemsopens in a new window
  • Autographed Baseballsopens in a new window
  • NASCAR Autographsopens in a new window
  • Vintage Graded Baseball Cardsopens in a new window
  • Player Picturesopens in a new window
  • Vintage Football Cardsopens in a new window
  • Sports Collectors Storeopens in a new window

Pages

Ending on eBay Soon
  • Baseball Card Auctions on eBay Ending Soon
  • Basketball Card Auctions on eBay Ending Soon
  • Football Card Auctions on eBay Ending Soon
  • Hockey Card Auctions Ending Soon on eBay
  • Vintage Sports Memorabilia on eBay Ending Soon
Top 100 on Ebay
  • Top 100 Most Watched Baseball Rookie Cards on eBay
  • Top 100 Most Watched Basketball Rookie Cards for Sale on eBay
  • Top 100 Most Watched Hockey Rookie Card Auctions
  • Top Authenticated Vintage Unopened Sports Card Boxes, Packs on eBay
Most Watched on eBay
  • 100 Most Watched Graded Rookie Cards for Sale on eBay
  • 100 Most Watched Tom Brady Card Auctions on eBay
  • 50 Hottest Hobby Boxes at Auction on eBay
  • 50 Most Watched Golf Trading Cards on eBay
  • 50 Most Watched Wrestling Trading Cards on eBay
  • 75 Most Watched Bowman Chrome Cards
  • Most Popular Bobbleheads on eBay
  • Most Watched 1/1 Cards on eBay
  • Most Watched Basketball Cards on eBay
  • Most Watched Complete Baseball Card Sets at Auction on eBay
  • Most Watched Football Cards on eBay
  • Most Watched Football Rookie Card Auctions
  • Most Watched Goudey Baseball Cards on eBay
  • Most Watched Hockey Cards on eBay
  • Most Watched Racing Cards on eBay
  • Most Watched Soccer Cards for Sale on eBay
  • Most Watched Sports Autographs on eBay
  • Most Watched Sports Jerseys on eBay
  • Most Watched Unopened Sports Card Boxes, Packs on eBay
  • Most Watched Vintage Sports Memorabilia on eBay
  • Hottest Panini National Treasures Cards on eBay
  • Hottest PSA 10 Cards for Sale on eBay
  • What’s Hot on eBay
Sports Memorabilia
  • Sports Card Bargain Bin
  • Sports Memorabilia Auctions Ending Soon on eBay
About Sports Collectors Daily
  • Advertise with SC Daily
  • Contact Us
  • Get Sports Collectors Daily via EMail
  • Privacy Policy
  • Terms and Conditions
Sell Your Cards
  • What’s It Worth
  • Where Can I Sell My Baseball Cards?

Copyright © 2023 SportsCollectorsDaily.com | Web Design by Wickam Groupopens in a new window