Rally announced in their newsletter today that they have acquired 10 game-worn Lebron James jerseys, and will be adding them to the platform at $10/share ($500K market cap). Apparently, this is the first drop from the 'Collection', TBD what else they'll have on offer. Some decent games among the 10 jerseys- all from his Lakers era. Given the increased interest around game-worn, and the fact that Lebron's career is winding down, a $500K market cap at IPO doesn't seem crazy. But everything depends, in part, on how long Rally intends to hold the jerseys. If they sit on them for a while, my assumption is they'll be worth way more than $500K.
I don't imagine I'll be able to own any LBJ jerseys myself, so this might be my best chance of getting into high-level game-worn.
At $10/share, I'm going to try and grab a few shares. Though Rally sells out so damn quick, we'll see if I'm fast enough to get in.
https://app.rallyrd.com/asset/cf26ed99-0a9f-4858-8605-8702da5a61d2/the-king-collection
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