If you are a fan of a player or a sport team, it is often that you have collected some of the souvenirs of the player or the sport team. It can be a blanket, a helmet, a banner or a cap with the team or player logo on it. Have you ever though of expanding your collection and investing in something that can turn into a financial gain in the future? Think about sport memorabilia. There are factors that should be considered when you want to become a collector. The first thing is always knowledge; you have to arm yourself with knowledge about sport memorabilia industry. The second thing is that you should determine what to buy, and then look through your budget and see how much you can spend.
What is sports memorabilia
Sports memorabilia is defined as anything that can be directly linked to a sport personality or a sport event. For examples, it can be items from professional sports including (but not limited to) football, basketball, baseball, they can be a boxing glove, a jersey, or a baseball cap. The sports artifacts are made more valuable by their collectors or fans, especially if they came from rarity time. The term “best of a pastime” is normally used to refer to vintage memorabilia.
Sports memorabilia cards
Card collecting can be an educational and fun hobby for a lifetime. When we were little kids, we almost all had our own collection of football or baseball cards. Those cards from childhood time are still now kept by many people. It might be their unknown goldmine that they have never though of. Some of these good-condition cards are very valuable in memorabilia market.
It is easy for you to think of baseball cards when it comes to sports cards. However, there are others cards for popular sports like hockey, basketball and football.
Beginning as a collector
You can start your collection small with a few dollars. You should also know your budget for your collecting bobby and keep a clear idea in mind of which type of memorabilia you want to collect. You can do this by carrying out your research in the memorabilia market, to see what is available and roughly how much they will cost.
You can then join a forum or a message board for sport memorabilia collectors to get more knowledge and tips about different memorabilia. You can try sportscardforum.com. That is one of the good places to help you keeping up with all the latest news in sport memorabilia community. This is also a great platform to network and meet other collectors or dealers.
Purchase a price guide. It is where you go to when you need a reference to make your decision on how much you can pay for each piece of memorabilia that you are interested in, and their appropriate quotation in the marketplace. You can refer to one of the best price guides is Beckett.com. Make sure to check if the price guide is suitable for the type of sport memorabilia that you intend to buy when you purchase a price guide.
Start with less expensive items first.
Where to buy sports collectibles and artifacts
Internet is the easiest and most efficient way to look for sports memorabilia. There are many auction sites that you can choose from. It can be eBay which have a rating system for buyers and sellers. Some will rely on newspaper ads to find out about estate auctions and sales in hope to find some valuable vintage sport memorabilia. Some collectors go to collectible trade shows or meet with sport memorabilia brokers. However, being a beginner, most of us will start with some visits to sports memorabilia shops.
The best thing about visiting a sports memorabilia shop is that you can have a look at the items personally. You will then talk directly to the shop owner. This, in fact, gives you a level of comfort that online shopping does not. In online shopping, it is very easy for you to be treated with counterfeit items.
Autographed sports memorabilia
The value of a memorabilia can be enhanced greatly with autograph, and it is even more valuable considering those factors:
- An increase in demand of autographed sport memorabilia of a particular popular player can be expected during the period when the player dies. It is because people know that the player cannot sign any other autograph and the supply for his signed items is limited in the market. Therefore, it increases the desire of possessing the signed memorabilia that then will increase the value.
- Sports fans always value their beloved athlete’s signature. An autographed NFL helmets can cost much more if signed by John Elway or Joe Montana.
- The demand for autographed sport memorabilia will increase if the athlete announces his/ her retirement after a long and respectful career.
- If it is one of the item displayed in the Hall of Fame or the athlete whose autograph is on the items enters the Hall of Fame, its value will surely be up because of the elevated status of the athlete.
This is just a simple outline for potential collector to enter the industry. It is up to you on how good you will do in the industry. Always set yourself to learn more about sports memorabilia.