The Attic Update Vol. 20 - Silver Dollars, Tiger Global, and Classic Car Simulators
Beyond Alternative Assets
Thanks for reading The Attic Update, a weekly look at the exciting world of collecting and investing in alternative assets.
Welcome to all new Subscribers - Let’s get started!
Featured Article -
Coin collectors love silver dollars. But to outsiders, they are often misunderstood. If you’re new to rare coin collecting, start with silver dollars, and get familiar with the fascinating history of an important and historic coin.
The Latest -
Most relevant stories in collecting and investing in alternative assets over the past week.
1 - Fractional Ownership -
‘Investables’ prepares for launch in the U.K. to offer fractional rare collectibles.
Logan Paul launching physical and digital fractional platform ‘Liquid Marketplace.’
2 - Memorabilia & Collectibles -
Kurt Cobain’s 1969 Fender Mustang guitar to be sold at auction, price could hit $800,000 or more.
2,000-year-old ancient Roman bust purchased at Austin, TX Goodwill store for $35.
Three men charged in massive 15-year memorabilia autograph forgery scheme.
3 - Sports Cards -
Stolen rare vintage baseball cards personally returned back to owner after 25 years.
Check out Alt’s Market Trends, 7 Day Rising cards - Nico Hoerner, Chuma Okeke, Ray Allen. Falling - Gary Trent Jr., David Robinson.
4 - Rare Books -
Einstein's letter to writer Sam Moskowitz about the speed of light expected to sell for $100,000.
1776 signed letter by John Hancock sells for $1.9 million after strong auction demand for historical manuscripts.
Addicted to books like me? Read this - “Hi, My Name is Kevin and I Can’t Stop Buying Books.”
5 - Crypto & NFTs -
Crypto analyst says Bitcoin price support spotted at $30,000.
Crypto Fear & Greed Index falls to extreme fear levels.
Binance adds $500 million to Elon Musk’s Twitter bid to integrate Web3.
6 - Watches -
Crafting amazing art pieces from old vintage watches, check out the Instagram of Dan Tanenbaum.
Vintage Cartier ‘Crash Watch’ that inspired Salvador Dali’s 1931 painting sold for $1.5 million.
U.S. Customs agents in Indianapolis seize $10 million worth of counterfeit Rolex watches. Why are real Rolex watches so expensive, anyway?
7 - Markets & Investing -
What’s the big deal about the Bond market? → it’s on track for the biggest year-to-date loss since 1920.
Chase Coleman’s massive hedge fund Tiger Global down 44% year to date. Losses of $16 billion since January. Biggest holding? JD.Com
Citi Panic / Euphoria Model drops to ‘Neutral’ from ‘Euphoric.’
8 - Collector Cars -
Asetek SimSports teams up with F1 driver Kevin Magnussen as brand ambassador to take racing simulation to the next level.
Former Ferrari engineer Amedeo Felisa begins new gig as Aston Martin CEO.
9 - Art -
The Art Basel and UBS Global Art Market Report is out. Examine the behaviors of high net worth collectors in the massive yearly rundown. Key takeaway - sales up, but still less than 2019 levels.
The next two weeks will bring over $2 billion worth of art in Phillips, Sotheby’s, and Christie’s New York auctions. Highlights - an enormous Basquiat that could hit $70 million.
Quote from the Legends -
“There are two times in a man’s life when he should not speculate: when he can’t afford it and when he can.” - Mark Twain
Featured Pod -
Fun to hear a legend chop it up about the card collecting industry.
Featured Video -
I tried an F1 racing simulator recently, and it was pretty amazing. Which got me thinking, “I wonder if there’s a simulator for classic cars?” Turns out, there is.
Check out the Sportiva, a driving simulator for classic cars designed and built by Pininfarina.
Question for You -
What alternative assets would you like more discussion about next week? Let’s hear your favorites. How about fractional single-family real estate, salvaged classic cars, or entire vintage wine collections??
Leave your comments, I’d love to hear them -
Thanks for reading, and have a great week!