Buyers Guide to Sports Memorabilia
Posted by Andres Gonzalez on
The world of sports memorabilia is vast, with enormous variances in price ranges and types of items available for purchase and collection. It can quickly become overwhelming for first-time collectors with little knowledge about what it is and how or when to purchase it. Here are some helpful tips to help any potential buyer make a more informed decision before purchasing.
What is Sports Memorabilia?
The term “sports memorabilia” refers to any physical items that derive value from association with athletes, teams, or sporting events, typically from professional sports. This can include anything from ticket stubs and newspaper clippings to signed football helmets, jerseys, or other sporting equipment. The most expensive items tend to be signed sports memorabilia worn or used by athletes during games, matches, or tournaments.
Who or What Gives Sports Memorabilia its Value?
Any sports memorabilia, autographed or not, can hold tremendous monetary and sentimental value to passionate fans and collectors. Some people value rare and expensive items while some cherish memories. Professional appraisers are experts who can verify the authenticity of vintage and modern sports memorabilia and determine its monetary value. There are a variety of factors that can influence the price an appraiser gives an item, including but not limited to:
- The condition of the item
- Which athlete is associated with it, if applicable
- The age or rarity of the item and its signature
- If the item was used during a historic game, match, or event
There will always be certain items that are worth more than others. For example, a signed basketball jersey is undoubtedly valuable. Still, it will never be more valuable than a jersey worn during a winning championship game and signed by the athlete who wore it. In recent years, rare items from legendary athletes have regularly exceeded price tags of a million dollars. Is collecting your true passion? When a collector is deciding their goals for acquiring an item, these are essential things to consider.
What are Things to Look Out For When Purchasing Sports Memorabilia?
As the market of signed sports memorabilia continues to reach new heights, there are growing problems seen among enthusiasts of high-fashion and luxury items. Scammers and fraudulent items are becoming more common, and many can replicate authenticity certificates with increasing accuracy. All collectors of sports memorabilia, but especially inexperienced ones, should be careful about who they purchase their items from and only make transactions through secure methods. Check your facts carefully before you purchase.
How Does One Verify the Credibility of Sellers?
There are many ways to purchase authentic signed sports memorabilia. Collectors can visit locations with reputable sellers, such as well-known shows, dealers, or auction houses. If these are not feasible options and you’re a collector looking to find quality items online, always ensure the seller has several active forms of communication–for example, a working phone number, email address, and physical address. Should a collector have concerns about an item before purchase, a reliable seller should be accessible to answer questions.
Additionally, respectable sellers should accept secure forms of payment—like credit cards or PayPal—for the financial security of the customer and themselves. If they only accept money orders, transfers, or checks, chances are they might be scamming customers. It also never hurts to check a seller’s reviews and feedback from previous customers to verify their authenticity and customer service.
What If a Customer Has Doubts About an Item’s Authenticity After Receiving it?
Some customers may have concerns regarding the legitimacy of sports memorabilia items after receiving them. For instance, say a thoughtful wife bought a signed football helmet of her husband’s favorite player for his birthday, but something about the autograph or certificate of authenticity feels off. One option is to reach out to the seller to verify when and where the item was autographed. Many often have pictures from the signings with the athletes.
If a photo is unavailable, she can always send it to trustworthy verification companies to double-check the legitimacy of the autograph and item. Some third-party organizations that are renowned experts in determining the validity of the certificate, items, and autographs of signed sports memorabilia include:
- James Spence Authentication (JSA)
- Professional Sports Authenticator (PSA DNA)
- Beckett Authentication Services (BAS)
If the certificate of authenticity lists one of these companies, there’s a high probability that the item and its signature are genuine. On the other hand, honorable sellers can offer a complete refund if one of these acclaimed companies deems the item a fraud.
What If Someone Comes Across Super Affordable Autographed Memorabilia?
While there are affordable options for autographed memorabilia, one must keep in mind the factors influencing the price of the item one seeks. For example, any seller offering a signed basketball jersey with a “genuine” autograph from the late Kobe Bryant under $2000 is more than likely selling a fraudulent item. Every potential buyer should do their research before jumping on a seemingly incredible deal. Chances are that it really is too good to be true.
How Long Does It Take to Build a Collection?
Many personal and market factors influence the length of time it takes someone to curate their collection to their liking. To avoid overspending, always decide your budget in advance. Collecting signed sports memorabilia can quickly become an expensive hobby. The amount of disposable income and effort someone can put in to find the pieces they desire will vary significantly from person to person. Time can also greatly impact when specific pieces become available, as another collector may have them in their possession for a while. Curating a personal collection requires lots of patience and effort, but the reward of a beloved item display is worth it in the end.
Spirited collectors or buyers hoping to find a meaningful gift for a sports enthusiast can rely on the diverse and legitimate autographed memorabilia options available at Sports Integrity. Don’t hesitate to reach out should any questions or concerns arise.