Why Sports Memorabilia Is Valuable
Variables For Sports Collectible Values
It can be very challenging at best to determine the value of a memorabilia collection. The ballpark figures will vary greatly when determining the value due to the particular collectible. It will take both knowledge and proper evaluation to fully determine the value. The mitigating factors may include the following:
Autographs: Is the item signed? Who signed it? Is it signed by a journeyman or a Hall of Famer? Are these particular items hard to find? Is this particular athlete easy to locate should you wish to have something signed? Is there a large public sentiment for this person or a high demand for their autograph?
As with most markets, the supply and demand principle is in force. The greater the demand in relation to the supply the more valuable an item can become. That is to say, if there are plenty of them, then you’re not going to pay as much as if they are few and far between and in high demand.
The more accomplishments an athlete has done or milestones and records, the greater the value of the collection as well.
Athletes who are deceased will have a higher value on collectibles due to the finite supply. The longer the athlete has been gone, the higher the value of the item as there is no way to get them signed again.
The stronger the public interest, the more valuable the items will be due to supply and demand.
Any special inscriptions will also increase the value. Personalized inscriptions such as “To Sally…” will decrease the value, unless of course, your name is Sally.
The fewer items the athlete has signed the higher the value of the items. The more readily accessible the athlete is for signings, the lower the value.
Also, the more that athlete charges for appearances, the greater the value of items signed. Signature fees will result in higher values.
Championship Memorabilia: What’s It Worth?
It’s also important to remember that “All Things Are Not Created Equal”. There are many mitigating factors for items. The condition, the rarity, the chance of whether or not an athlete could make another appearance (if they’re dead for example), How many items there are available-supply and demand, and so on.
It takes a well-trained eye to determine the value of an item. Collectible values are in constant flux. Accurate evaluations can change from one day to the next. It can be challenging at best to make an accurate determination of the value of an item.
The most important thing to consider is that “one mans trash is another man’s treasure”. What’s valuable to one person may not be important at all to another and this may or may not affect the overall pricing.