The Attic Update Vol. 1 - The dagger from the sky, auction records shattered, and an electric masterpiece on wheels
Beyond Alternative Assets
Thanks for signing up for the Attic Update, a weekly look at the exciting world of collecting, investing, and alternative assets.
My goal is to provide the most important stories and ideas to ponder so you can decide where to focus and dig deeper.
The Attic Update is broken down into three sections. Past, Present, and Future. Each week, I will deliver:
PAST - Interesting ideas about the history of collecting, investing, and markets.
PRESENT - Ten of the most relevant stories over the last week in collecting and investing in alternative assets.
FUTURE - Where are we headed? We will look at what’s next for alternative assets and the people working hard to make visions into reality.
The Dagger From the Sky -
One hundred years ago, King Tut’s tomb was excavated by archaeologist Howard Carter and his team. Thousands of treasures were packed in the tomb, many made from solid gold. But one artifact attracted intense curiosity.
Three years after discovering the tomb, Carter found an iron dagger wrapped in the material around the right thigh of Tut’s mummified body.
An iron blade was extremely rare during the first millennium B.C. Through new technology called x-ray fluorescence spectrometry, scientists discovered the iron dagger to be from a meteorite. The composition is identical to the meteor called Kharga, found in the city of Marsa Matruh.
Thousands of years before they learned to smelt iron ore, the study of ancient Egyptian hieroglyphic language finds references of harvesting metal from fallen meteorites. They pronounced it “ba-en-pet” or “iron from the sky.”
Broken Records -
Here’s the ‘Attic Top 10’ - a list of the most relevant stories over the last week. I hope to provoke deeper thought, investigation, curiosity, and fun!
Fractional Ownership - Buyout offer received for the 1953 Mickey Mantle PSA 10 for $3,000,000 on Collectable. 15% return from IPO. Are you a Yes or No?
Collector Cars - Find out why the 2008 Lamborghini Reventon is worth millions
Art - Documentary by Roger Scruton on the neglect of beauty by contemporary art and why we should restore it. “Why Beauty Matters”
Watches - Cole Pennington from Hoinkee details the search for his ‘Holy Grail’
Sports Cards - 1986 Fleer Michael Jordan Rookie sells for $840,000 at PWCC, a new record for the card
Rare Books - Signed parchment copy of the Declaration of Independence sells for $4.4 million, over five times the pre-sale estimate - Freeman’s Auction
Memorabilia & Collectibles - The mysterious uncovered Roman ring that might have inspired Tolkien’s ‘Lord of the Rings’ - Twitter thread
Wine & Whiskey - Rare Whisky Icon 100 Index hits new all-time highs
Crypto - Pace Gallery launching NFT platform this fall
Markets & Investing - Entrepreneur Legend Marc Lore talks past, present, and future - Podcast
Get early access to Indify - a new way to discover and invest in musical artists. Connor Lawrence, Matthew Pavia, and Shav Garg created Indify to connect talented musicians to investors and other supporting players. Here’s your chance to provide capital to great artists.
Giving an electric soul to an auto classic. Car manufacture Totem Automobili redefines the iconic Italian classic, the Alfa Romeo Giulia GTA, into a modern electric masterpiece. Bellissimo!
Quote from the legends -
“The human side of every person is the greatest enemy of the average investor or speculator” - Jesse Livermore
Thanks for reading!