Are you a sports memorabilia collector? If so, you might be shocked at how much the value has increased by the time you are ready to sell. On the other hand, the value might go down.
Avoid Disappointment.
We have all heard stories about enterprising kids who get involved in sports card collecting. With the promise that the sports cards are worth a great deal of money and will be worth a fortune in the future, these youngsters buy boxes of cards that are supposed to be a really great deal. Most of these are worthless fakes … and a waste of a young person’s long saved allowance. Beware of this type of scam when you buy a group or box of sports collectible items. The appraised value will be nothing, not even a cent!
The serious sports collector realizes that an appraisal is essential. People who are just breaking into the collectibles business are often sadly disappointed when they discover that they have sold their collectibles for less than their value. This could have been avoided with an appraisal.
Where to Have Sports Memorabilia Appraised.
Some reputable sports memorabilia appraisers include:
- AllAuthentic Sports Memorabilia — This organization is staffed with professionals who can provide references and offer instant appraisals.
- Vintage Sports Memorabilia Appraisals — Vintage Sports has a sports artifacts library for thousands of vintage sports items. The company prefers to work by email. Requests for information should be about items that predate 1980, and should be limtied to two items.
- Krause Standard Catalog of Sports Memorabilia Price Guide.
- Robert Connely holds clinics about appraisals. He’s a member of the American Society of Appraisers and was honored by the Royal Institution of Chartered Surveyors.
- Founded in 1992, American Legends provides paid appraisals.
- Sports Memorabilia Appraisal Expert Witness provides a tollfree phone number and volunteers background information to help give reference to its value as an appraisal business.
Appraisals May Help You With Your Insurance Claims.
Not only are appraisals of your sports memorabilia important to determine resale value, but if you have valuable collectibles, you will want to have your valuable insured. Insurance companies might not recognize the value unless you’ve had an appraisal done. Make sure you have written and documented proof.
Is the Price Right? What Are the Standards?
There is a Uniform Standards of Professional Appraisal Practice which is recognized in courts and acceptable to banks, insurance companies, auction houses, and even the IRS. Don’t just depend on a local sports shop or the first available appraiser you come across if you are thinking about selling your sports memorabilia.
If you have valuable sports collectibles, it might be worth the cost to pay for more than one opinion. Prices change, so realize that the value will go up and down. If you had an appraisal done several years ago, you should get an updated appraisal if you are thinking about selling your sports memorabilia now.
Some Tips About Sports Memorabilia and Collectibles.
- Memorabilia involving retired players hold their value better because the player’s status is not going to change.
- Sweat stains do not necessarily make a jersey authentic. Anyone can wear a jersey long enough to sweat in it and try to pass it off as the real thing.
- Watch for smudged autographs, dog-eared pages in books, worn edges on cards.
- There is a system with trading cards called grading. A graded card has a more reasonable guarantee of authenticity. Graded cards are sealed to discourage card switching, a low tactic of some sellers. The appraiser will recognize graded cards and their value.
Want to know more? Discover some more tips about antiquing and collectibles at the Blurbosphere.
