Customer Reviews

Heritage Sports Collectibles Signature Sports Auction #701

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As anyone owning a home as of the writing of this review (2008) knows, the market has been scary. Sport collectibles also have their ups and downs so any research or price guides you use should be browsed with that in mind.

Does it help to know that a particular item brought in zillions of dollars in a given year? Yes. But to gauge CURRENT value, the bottom line - always - is what a particular person is willing to pay on a particular day and time for an item. If it is a rare collectible and gets lots of media attention, you can probably count on it getting more money...or at least assume the odds are in your favor.

But vague and fickle variables like desirability, human emotion and other things will factor into the marketplace. I'm not writing this as just an opinion but based on sales of collectibles through the years, some of them sports collectibles. Prices rise and fall, often in line with the economy. Keep that in mind when appraising anything, from your home to that signed autograph.

Oh, yeah, another piece of rather morbid (but true) advice? If a famous person dies, the prices for his or her collectibles may be higher than they'll ever be again....or they may go higher. If you want the sure bet in price appreciation, you might consider selling while demand is high.

A related news item: as of this writing, Michael Phelps memorabilia is getting around $300 for an autographed 8x10 of him. But what will the same item bring in a year? A perusal of the value of Mark Spitz items might be sobering.

So there you have it - a product review and a personal take, too.