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Monday, November 19, 2007

Other Collectibles




Autographs. They are great collectibles, and at prices to suit every budget, but expect to pay more for greats of the game and deceased players.
Footballs, baseballs, jerseys, hockey sticks & pucks, basketballs, 8x10's, cut signatures, the list goes on and on.
The FBI did an investigation several years ago into autographs & memorabilia, and the results made collectors very upset. The FBI concluded that up to 70% of the material was fake. Jaws dropped everywhere but some good came out of it, as professional authentication services arose. The top three of such services are PSA/DNA, Upper Deck Authenticated, and GAI (Global Authentication, Inc.). If you want to buy an autographed item, I would highly recommend one of these services. Their Certificates of Authenticity are top-notch and usually come with a specific number and/or Hologram.
Personal horror story: When I was doing card shows in Southern California years ago, a new one popped up in Orange County. It was a monthly show and was held in a huge warehouse-type building. The show promoter had the first six tables the people saw as they walked into the show. It was his show, so I guess he had the right. Anyway, after I set up my table, I noticed that there were some autographed items for sale at the promoter's tables. They were cheap, came with a COA, and I figured that I could make a profit by reselling them at future shows. So over the next few months I did sell the autographed items at a good profit at several other shows. But then I read in the paper that the Orange County promoter that I bought the items from was indicted on fraud charges, that his cousin Louie was in the back room signing baseballs as 'Ted Williams' and other greats. I was sick about it but there wasn't much I could do. So my advice to everyone that's interested in autographed items is to go with a legit company.
Have fun out there, but be careful...