In 2017, a 19-year-old in London spent £200 on a Palace Tri-Ferg hoodie. Two years later, he sold it on Grailed for £1,100. A friend in New York bought a Supreme Box Logo hoodie the same month for $185 — and sold it in 2026 for $1,400. Both made money. But which one was the smarter bet? The answer isn’t obvious. Most buyers assume “Supreme always wins” or “Palace is the underdog value play.” Both beliefs are wrong — or at least incomplete. Here’s what the data actually shows. Where Supreme and Palace Actually Come From Both brands started as…