As sports card and memorabilia prices skyrocketed in 2020, many items considered expensive suddenly became unattainable. In September 2020, the sports fractional platform Collectable debuted with a 1953 Topps Mickey Mantle PSA 10. Collectable fractionalized the iconic card into 40,000 shares at $25 per share. For just $25, sports card investors could say they owned a piece – … [Read more...] about Fractional Shares Platforms, Too, Have Largely Suffered in Market Downturn
Rally Rd.
Million Dollar Pele: Soccer Rookie Card Sets New Record
It wasn’t that long ago that you would have drawn a blank stare when referencing the 1958 Alifabolaget soccer card set. It’s still probably a safe bet to say it’s still a shoulder shrugger for most collectors. After the latest news, though, both the set and soccer cards in general are getting a lot of exposure. The rare European set holds the rookie card of … [Read more...] about Million Dollar Pele: Soccer Rookie Card Sets New Record
Rally Adds $15 Million in Funding; Aims for Wider Exposure
Fractional shares platform Rally has picked up $15 million in new funding from a wide-ranging group of investors that includes some with strong ties to sports. Wheelhouse, the company launched in 2018 by Pawn Stars founder Brent Montgomery and late night talk show host Jimmy Kimmel, is at the heart of the new investment. Montgomery is also helping produce the new sports … [Read more...] about Rally Adds $15 Million in Funding; Aims for Wider Exposure
Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Rally, one of the fractional ownership platforms for pricey sports cards and memorabilia, has just received a $17 million cash injection from investors. According to Tech Crunch, Reddit co-founder Alexis Ohanian is one of those who have pumped cash into Rally, which has nearly 200,000 users who use an app to buy shares of ownership in things like classic sports cars and … [Read more...] about Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Topps Partners with Rally for Exclusive 2020 Baseball Factory Sets Offering
Rally has offered collectors the chance to buy shares in expensive automobiles, rare baseball cards and sports memorabilia. Some collectors own a piece of a T206 Wagner, while others have a stake in game-used items or valuable modern cards. Now, the New York-based mobile platform is partnering with Topps for its next project. Topps is creating 12 2020 baseball factory sets, … [Read more...] about Topps Partners with Rally for Exclusive 2020 Baseball Factory Sets Offering
Big Crowds; Big Finds; Big Bucks: 2019 Sports Collecting Year in Review (Part II)
The second of a two-part look back at the sports collecting year. The first part focused on the first six months of 2019, while Part II takes us to the National, recalls some incredible finds and big auctions, Zion mania and more. In July, Sports Collectors Digest magazine was among 50 hobby-related titles sold in a bankruptcy auction for the assets of publisher … [Read more...] about Big Crowds; Big Finds; Big Bucks: 2019 Sports Collecting Year in Review (Part II)
Rally Rd. Offering Shares Of T206 Honus Wagner Card Friday
This is the big one for Rally Rd. At least as far as sports collectibles go. The “Holy Grail” of baseball cards — a 1909 Honus Wagner T206 tobacco card with a Sweet Caporal back— goes on sale Friday at noon on the company’s website. “It’s been a long time coming,” said Rob Petrozzo, who co-founded Rally Rd. with childhood friend Chris Bruno three years ago. This … [Read more...] about Rally Rd. Offering Shares Of T206 Honus Wagner Card Friday
Rally Rd. Helps Collectors Take Stock In Valuable Sports Memorabilia
Sports collectors dream about owning a T206 Honus Wagner or a 1952 Topps Mickey Mantle. Most of us can’t afford one. But what if you could invest in a piece of one of these treasures? That is the concept behind Rally Rd., a mobile platform that allows collectors to obtain shares of valuable memorabilia — like buying stock — for a fraction of what it would cost. Just a … [Read more...] about Rally Rd. Helps Collectors Take Stock In Valuable Sports Memorabilia