Rob Petrozzo, founder and chief product officer of The Rally Museum, spoke with Cheddar News about how you can own a classic piece from its showings. "We're a little bit of a museum, a little bit of a gallery, but really it's a place where you can see all of these incredible collectibles," he said.

<div class="block">Rob Petrozzo, founder and chief product officer of The Rally Museum, spoke with Cheddar News about how you can own a classic piece from its showings. &quot;We&#39;re a little bit of a museum, a little bit of a gallery, but really it&#39;s a place where you can see all of these incredible collectibles,&quot; he said.</div>

Wake Up With Cheddar

On The Scene: Buy a Piece of Luxury at The Rally Museum

And switching gears. Now, Shannon Lanier is at the rally museum in New York City this morning getting a taste of the finer things in life. He'll be sharing how you too can own one of the oldest Rolex watches or perhaps a classic Porsche. Shannon. What are we talking about here? Well, check out this, they have everything here. Got Marilyn Monroe, all kinds of artifacts and the rig museum looks like any other museum. When you walk in. They have things and cases and on the walls. But it's a little bit more unique than that. So I'm here with the founder and chief product Officer Rob to tell us a little bit more about what makes this museum so unique because here it's not only about looking at these items, you can actually own some of these items. Yeah, you can own a piece of everything inside. So we're a little bit of a museum, a little bit of a gallery. But really, it's a place where you can see all these incredible collectibles from all kind of walks of life, all time periods. And they all have, you know, incredible value, both cultural and monetary and you can own a piece of it fractionally. So each of these individual assets, each of these collectibles you see here are owned by thousands of investors. Now, I used to own one of these nintendos behind you. I'm sure that's worth a lot more than when I owned it. But I want to own something like some of these amazing expensive items. So, first of all, tell us a little bit more about the items and then I'm gonna ask you some more questions about how to become owners. Yeah. So this is a, this is a small sampling of what you'll see here at the Raleigh Museum and when you see on the platform, so the first watch you have in your hand, there is a really unique Domino's Rolex. So in the late eighties, early nineties, Rolex did a deal with Domino's Pizza, which seems ridiculous now, but back then if you were a franchisee who did $25,000 in business for two weeks in a row, then you got a Rolex watch and that was something that now it's not worth a ton of money. If you were to try and find it though, it would be impossible to find. So in that condition, there's only so many that exist today. And so how much would this is around 14 $15,000? Um Yeah, after around an $8000 IP O that we did about a year and a half ago, let's step things up a little bit. Let's go into the millions. Tell us about this baseball card. Yeah. So this is one of the rarest cards in sports and it's one of the sort of benchmarks of collecting. This is a, a 206 Honus Wagner card. So this is a card that, you know, in his day on his wagon was really as, as, as great of a player and as well known as Babe Ruth. But the big thing that everyone knows about him is that he was really against Children having a car that came with a cigarette pack, which is a lot of how they sold these cards back then in 19 09. So this is one of around 60 that exists in private hands that are known to exist in the world. This one's worth about $2 million.02 million dollars. Ok. So if I wanted to become a fractional owner of something like this, because I cannot afford to pay $2 million for it, then how does it work? So in the app, we run kind of IP OS all the time, which is the first time you can invest in something and it's everything from baseball cards to watches, to dinosaurs, to Warhols. And uh we take the total value of the asset, we break it into a bunch of shares, thousands of shares so that individuals can come in and buy a piece of this and own real equity for around 20 or $30 per share. So that's something that's very much like a stock. So it goes through the sec during a qualification process. It's something that all the paperwork lives on the internet. You can find all of our stuff on S ECs website and then it kind of trades on our platform the same way stocks might trade. And the goal is to have someone come in and hopefully when they buy one of these items and then all the owners and that fractional ownership will get a piece of the pie. Yeah. So at around a 450 individual assets that we've run on the platform, we've had around 60 get offers for buyouts and 45 approved by investors and the average return there is around 60%. 0, that's a pretty good return. OK, a few more items here. What is the Godfather? So this is the one of the original draft scripts of The Godfather. So this is something that again from a cultural standpoint, everybody knows so much of what happened to this movie and recites the lines over and over again and you kind of see the notes in the margins, you see spots where there is improvisation where the lines from the actors weren't part of the script. And this is really the genesis moment of, you know, one of the most important films of all time. Wow. Now how much would this be worth this is around $15,000. But again, it's one of those kind of one of one type of items that you're not going to find anywhere else too. So we saw this, it was something that we knew investors would want. Ok, real quick if someone is interested and say, for example, one of the first editions of Harry Potter, how do they come in and get it? How do they get on it inside the museum? At 4 46 Broadway? Every single item here has a QR code and details around you jump right into the investment process and then on a rally road, rally RD dot com. Download the app and you have everything inside. It's kind of a living digital museum. This is pretty cool and I can't wait to show you guys what else they have besides look at this Jordan items. This is amazing. We have some more stuff to show you. We're gonna be back out here in about a half an hour. Show you some dinosaurs, some Porsche cars. It's gonna, it's amazing. Just come back. You won't believe what they have here. We'll see you in a sec. Thank you, Shannon the Godfather draft. That's pretty incredible. Yeah, I can't wait to see what else. Shannon is gonna show us. Thanks, Shannon.