The market for collectible sports memorabilia is large and growing. It’s a subject that many feel passionate about, and many collectors choose their purchases based on their favorite sports and players. But do these purchases also make a good investment? They certainly can, but it isn’t necessarily a given that any individual item will go up in value. Here’s what you need to keep in mind:
The bigger the name, the bigger the value: Signed balls or jerseys from truly famous players will of course fetch more than similar items from players who didn’t establish (or haven’t yet gained) an all-star reputation. It’s okay to take a chance on a rookie item if you accept that the chances of that player turning out to be the next Babe Ruth or Joe Montana are slim.
Supply and demand influence price: If there are few of a particular item on the market, or there is no possibility of creating more, then the price will reflect that scarcity. When a sports figure has flooded the market with autographed pictures, on the other hand, their value will be correspondingly low. Do some research to figure out if what you’re considering purchasing is rare or not before you agree on a price.
Condition is key: As with many other types of collectibles, sports memorabilia should be in excellent condition to fetch top dollar. This is especially true of things like baseball cards, where there may be many examples of a particular card in existence, but almost none in pristine, museum-quality condition.
Tastes change: There is a certain degree of subjectivity in the sports memorabilia market, so you can’t be sure that an item you buy will immediately or smoothly go up in value. If the overall economy is bad, collectors may tighten their belts and forego buying. If a sports figure gets in legal trouble, the value of typical memorabilia associated with them, like game jerseys, may decline. And in general, fads for one sport or another may cause prices to fluctuate in ways that don’t seem to make logical sense. Know that you may have to wait some time to make an advantageous sale on any item you buy.
Deal with reputable sellers only: There is no one central market for sports memorabilia, so you may be talking to any number of auction houses, private sellers, or dealers. Unfortunately, there is a great deal of fakery and fraud in this area, as unscrupulous people try to make a profit off their buyers’ desire to own a piece of history. You should only purchase from reputable sources you trust.
The bottom line is that if you enjoy sports memorabilia, it can be a great way to combine investing with owning a collection you enjoy. To find sports memorabilia items at below-market prices, check out the live online auction at AuctionKing.com. They continually add new items from football, basketball, baseball, and more to their selection. Sign up for a free online account today and start browsing.