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Initial Offering
Like an "IPO” in the stock market, this is your first chance to purchase shares in an asset. Once all shares are purchased, the offering is complete.
Trading Soon
After the Initial Offering is complete, a ~90 day cooling off period begins, during which no transactions occur in anticipation of trading.
Trading
Bid/Ask trading begins, giving you an opportunity to sell your shares or add to your position.
Buyout
Voting
Current investors vote on
whether or not an asset should be taken to auction or listed for
sale and also to approve or reject a collector's buyout offer to
purchase the entire asset.
Exit
If the majority of shareholders on Rally vote yes, the asset is sold, and the profits are split amongst all shareholders. If the majority vote no, it returns to trading on Rally.
OWN CROCODILE ELEGANCE IN RED
Hermes 35cm Bordeaux Crocodile Birkin

Since the Birkin’s initial release in 1984, Hermès has released many variations on the classic design that first captured the world’s attention as the ultimate status symbol. Yet even among other Birkin models, #BIRKINBOR is in a class of its own. The 35cm handbag features gold hardware and is made of Porosus Crocodile, considered to be the most valuable material used by Hermès to make Birkin bags. Sourced by Rally’s partner Privè Porter, #BIRKINBOR’s rich red coloration is so rare that it is rumored only a handful of this model are produced each year.

Since the Birkin’s initial release in 1984, Hermès has released many variations on the classic design that first captured the world’s attention as the ultimate status symbol. Yet even among other Birkin models, #BIRKINBOR is in a class of its own. The 35cm handbag features gold hardware and is made of Porosus Crocodile, considered to be the most valuable material used by Hermès to make Birkin bags. Sourced by Rally’s partner Privè Porter, #BIRKINBOR’s rich red coloration is so rare that it is rumored only a handful of this model are produced each year.
The Details

Initial Offering Price Per Share
$26.25
Initial Offering Market Cap.
$52,500
Number of Shares
2,000
Initial Offering
February 2020
Storage Location
Rally
Order Book

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This asset has exited from Rally with profits being split amongst all shareholders. Learn more about Asset States
View Offering CircularAssets on Rally are SEC-regulated securities
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Your Shares Unlock Exclusive Experiences
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As an investor, you may participate in a non-binding poll regarding whether Rally should sell the asset that you have invested in.