🚀October 2024: Performance Update

As October wraps up, we’re pleased to present a fresh look at how Splint Invest’s alternative assets performed over the month. While some asset categories saw temporary slowdowns due to seasonal patterns, others held steady and even demonstrated robust growth. This monthly update provides insights into the pricing rationale for key assets, highlighting both high performers and emerging investment opportunities.

🌟 Top Performers: Pokémon Cards, Sports Trading Cards, and Sneakers

Demand remains high for Pokémon cards, sports trading cards, and collectible sneakers, underscoring their resilience in the market. Shohei Ohtani’s trading cards, after a stellar month, saw an increase of +1.7%, though Patrick Mahomes outpaced him with a 3.5% rise in value on our Immaculate Collection card. In sneakers, the Loro Piana x New Balance model led with a gain of 4.5%. These segments have benefitted from strong secondary market activity and record-breaking auction results, making them attractive for investors seeking steady growth.

Insight into Patrick Mahomes' Immaculate Collection Card:

This card’s valuation reflects both current market activity (50%) and the performance of Mahomes’ CardLadder index (50%), which has surged by 26% since the card’s release. This dual metric approach translates to an impressive weighted return of 13%, conservatively marking up our card by 9.9% to date.

🎨 Art Market: Emerging Artists Fuel Growth

Emerging artists Móyòsóré Martins and Britt Boutros-Ghali each saw gallery price increases of 10% this month, driven by high demand and a growing collector base. Similarly, the recent representation of Choi Myoung Young by prestigious galleries Almine Rech and Page has resulted in a 15% boost in his artwork prices. Consequently, we adjusted prices up by a conservative 5%.

Other noteworthy performances in the art sector included the debut of Fika Leon’s new release, up 10% due to a favorable gallery discount, and an impressive 9.3% increase for works by Jannis Kounellis, reflecting the revived interest in the Arte Povera movement.

⌚ Watches and 🍷 Wine: Signs of Stabilization

The luxury watch sector continues to diverge. Vintage, rare watches such as the Rolex Daytona 6239 managed a modest 1.8% increase, showing stability, while prices of standard models remain under pressure. Encouragingly, some standard watches are beginning to see slight upticks, potentially indicating a market bottom.

In the wine sector, demand has been mixed. Although October generally sees an uptick in interest, this year’s increases have been modest, with only select wines seeing price gains. Liv-Ex reported a 1.9% increase in our Screaming Eagle 2018 release, hinting at stabilizing demand.

🥃 Whisky and Rum: Steady Gains Ahead of Holiday Season

Following September’s stable performance, whisky prices remained firm in October. The Macallan 18 Year Old Vertical Collection led this month with a 3.2% gain, bolstered by holiday-season demand for premium bottles. Whisky casks also maintained their value, with a steady 0.7% increase across our portfolio.

💎 Precious Metals and Diamonds: Contrasting Trends

Precious metals maintained their upward trajectory, adding 2.9% in October, extending gains from a strong September. In contrast, diamonds slipped by 1.5%, influenced by weakening luxury demand and geopolitical conflicts. Colored stones, however, countered some of the losses, increasing by up to 4.5%, demonstrating their resilience within the gemstone portfolio.

🚗 Cars and LEGO: Mixed Activity as Holidays Approach

In classic cars, the recently added TVR Tuscan appreciated by 2.1% this month, benefiting from its excellent condition and an advantageous purchase price. LEGO sets saw a varied performance, with certain Christmas-themed collections like Star Wars rising in value, while others dipped slightly.

📊 Comparing Performance: Traditional Markets vs. Splint Invest Assets

To contextualize these results, here’s a snapshot of traditional market performance in October 2024:

• SMI (Swiss Market Index): -2.8%
• S&P 500: +1.0%
• DAX: -1.3%
• FTSE 100: -1.6%
• EuroStoxx 50: -3.5%
• Gold: +6.6%
• Bitcoin: +12.8%

Splint Invest’s alternative assets on average outperformed traditional stock indices, underscoring the diversification benefits of alternative investments. Certain categories proved especially resilient, offering stability and returns even as broader markets faced volatility.

🔍 Spotlight: 5 High-Performing Assets Available Now

Explore these standout assets from October 2024, all still available at their original price per Splint, presenting strong opportunities to enter at competitive levels:

1. Salvador Dalí, "End," 1952

   • Category: Art
   • YTD Performance: +4.3%
   • Dalí’s works, especially those featuring his skull motif, have shown significant value appreciation.

2. Macallan Capsule Collection

   • Category: Whisky Bottles
   • YTD Performance: +1.8%
   • Released recently at a discount, this collection has already appreciated by 1.1%.

      

3. 2001 TVR Tuscan
   • Category: Cars
   • YTD Performance: +2.7%
   • This pristine vehicle, eligible for export to the U.S. next year, shows strong investment potential.

      

4. KAWS, Companion Chair, 2019
   • Category: Art
   • YTD Performance: +6.6%
   • This limited edition has performed well in recent auctions, showing solid demand.

      

5. Pablo Picasso, The Painter III, 1970

• • Category: Art
  • YTD Performance: +5.8%
  • These works sell on average for over USD 400’000 in the last decade, with an upward tendency and a positive high-estimate-to-sale price ratio. Especially in 1970, Picasso repeatedly returned to the theme and created various versions of a painter seen in profile handling his color palette, pencil, or brush with differing levels of execution.

🏦 Key Takeaway: A Month of Opportunities in Alternative Investments

October 2024 illustrated both the challenges and strengths of alternative asset categories. While some segments faced headwinds, assets like art, trading cards, and precious metals highlighted their growth potential and stability. As always, diversification remains crucial to managing risk and maximizing return potential, and Splint Invest’s broad portfolio supports a wide range of investment goals and risk tolerances.

Ready to explore alternative investments? Visit our platform to build a diverse portfolio of high-performing assets today!