27.12.2023
In this article:
An exciting year is coming to an end, but what happened at Timeless in 2023? We would like to seize this opportunity to invite you to look back with us on this year’s highlights in the collectables world. Get ready for thrilling insights, remarkable milestones, and memories of special moments at Timeless.
The year 2023 marked an important step in our ongoing mission to make the collectables market more accessible and offer our investors truly unique investment opportunities. We look forward to continuing this journey with you in the future.
Our investors play a crucial role in our journey. Your interest and engagement have allowed us to explore new horizons and further optimise our platform.
Rolex Daytona Ref. 116519 Grossular Dial
The market is showing a clear interest in alternative forms of investment. Particularly in times of uncertain financial markets, as was the case in 2023, collector’s items have proven to be robust investments that diversify and stabilise portfolios. Contrary to general economic trends, the Knight Frank Luxury Investment Index (KFLII), which measures the performance of rare luxury investments, has risen by a stable +7% over the last 12 months.
Find out more about the performance of the individual asset classes in our detailed article on the Knight Frank Report Q2, 2023.
At Timeless, we provide private investors with easy and secure access to a wide range of rare collectibles. In 2023, we were pleased to see a significant increase in our portfolio to over 450 unique assets with a volume of over 20 million euros. At the same time, the number of active investors on the platform has risen to over70,000. This remarkable development is a clear sign of the growing confidence in collectibles as an alternative investment avenue.
The long-term goal of an investment is to preserve the value of the assets and maximise profits from their sale. The average holding period for our assets is around 12-36 months, but we were able to negotiate excellent offers for some collector’s items after just a few short months in 2023. Let’s take a look at the successful exits we have realised for our shareholders this year:
Our watch exits illustrate the opportunities that are currently opening up in the secondary watch market in particular. The highlight: the exit of our Cartier Tank Arrondie far exceeded our expectations. Within just a few days, our experts were able to realise an outstanding offer and resell the watch with a return of +20%. Find out more about all our watch exits here.
Art is not only culturally and historically significant, but also a robust investment characterised by stability in times of economic crisis.
Im letzten n the past year, this asset class recorded impressive growth of +30% – a trend that we can confirm with our impressive art exit.
With Picasso’s ‘Colombe Volant’, we sold our first work of art in 2023 and achieved a strong return of +40% after a holding period of just 11 months.
Find out more about our first art exit here.
The right trading cards can be a profitable investment, as demonstrated by the exit of our two trading cards this year. Despite difficult market conditions, we were able to achieve a stable return thanks to our broad dealer network and strategic negotiations. The success is particularly evident when compared to the major collectible indices: our 1999 Pokémon 1st. Charizard has outperformed the Card Ladder Pokémon Index by 12.84% and the Yahoo Finance Trading Card Index by as much as 25.4% with a +10% increase in value (during the holding period).
We are delighted to be able to look back on another sneaker exit this year.
The Nike Air Yeezy 2 ‘Red October’ stands out as a nostalgic symbol of Nike and Kanye West’s unique 2014 collaboration. Our experts have realised a sale price of €14,000, representing a +40% increase in value for our shareholders after 25 months. The exciting thing: In comparison, the DAX rose by only +4.6% and the S&P 500 by +2.7% in the same period, which underlines the exceptional performance of the Air Yeezy 2 ‘Red October’.
Invest in your future today: buy fractions in unique collector’s items and profit from their return when they are successfully sold.
The assets at Timeless are carefully curated, with decisions based on data-driven analysis processes by our team of experts. Each individual collectible therefore offers well thought out reasons to invest and we are delighted that our selection is meeting with strong demand from our investor base.
Our Large Megalodon Tooth sold out in an absolute record time of 3 minutes – wow! This is closely followed by a new artist at Timeless: Louise Nevelson. Her work Symphony Three sold out in a matter of minutes. No wonder: women in the art market are currently on the upswing and Nevelson’s works are an ideal investment opportunity. The Pokémon Yellow Version: Pikachu Edition also made it into our top 3 with a sales time of just under 6 minutes.
It should not be forgotten that our assets vary in volume, which is why there are fewer fractions available of some collectibles than others, which in turn affects how quickly they sell out. Nevertheless, the results show the great interest in these unique collectibles. We are constantly working to expand our range and many more investment opportunities await you in the future. Don’t forget to mark your favourites in the app so you don’t miss out.
Discover our latest assets:
Patek Philippe Perpetual Calendar Ref. 3940J
The Macallan ‘The Red Collection’ – 74 Year Old
Rolex Day-Date Ref. 18038 Cherry Red Stella Dial
Anyone who follows us on social media may already be familiar with our monthly review of the top 5 most traded assets. To round off the year, we have summarised the frontrunners for the whole of 2023.
This year, we have continued to further enhance our app to make investing as safe and simple as possible. Here are some of the app-highlights that take the Timeless Investment experience to the next level:
Trading according to your needs: Limit orders
The limit orders function offers you the practical option of automatically purchasing fractions in trading–on your own terms. Simply select the number of fractions, price limit and holding period and we will search for the right offer for you.
Invest & learn: The Timeless Magazine, directly in your app
The aim of our Timeless Magazine is to share the exciting stories and investment motives behind our unique assets. We not only want to provide you with access to rare collectibles, but also offer you knowledge about this highly diverse market.
Since this year, you can find the magazine directly in your app, where you can also save and share your favourite articles.
Invest wisely: Expanding the asset profile
We have expanded the asset pages with additional, meaningful key figures to provide our investors with the best possible support in making the right choice for one’s investment strategy. In addition, the optimised search and filter function and transaction history offer even more efficient navigation.
Providing long-term enjoyment: The Timeless vouchers
We heard the feedback from our investors and launched our Timeless vouchers just in time for the festive season. Simply select a design and the desired amount and give your loved ones a special kind of surprise–directly via the Timeless app.
For Timeless Investments, 2023 was characterised by innovation, growth, and the continuous expansion of our platform. We would like to thank our investors for their trust in us, and we look forward to 2024, which will see us add even more unique collectibles to our portfolio and enhance our app features further. As we continue to develop our platform and strengthen our community, we will remain committed to our journey of making the world of luxury goods and collectibles accessible to all. Here’s to another successful year full of exciting opportunities and successes!
Into the new year with good intentions: take control of your financial future today and discover the potential of rare collectibles for your investment strategy.
