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The following article was published in our article directory on November 28, 2011.
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Article Category: Shopping
Author Name: chickie maxwell
If you re a sports fan, then you may already be collecting sports memorabilia on a casual basis as your hobby. However, you ve decided that you want to start collecting on a more serious basis, and maybe even start trading. What should you do if you want to build a good sports memorabilia collection? Before you start, you should understand the difference between memorabilia and collectibles. Memorabilia refers to items that have a direct connection to a sport or athlete, such as signed sports equipment and jerseys as well as photographs. On the other hand, collectibles are items that are related to a sport, such as sports cards, bobble heads, pins and pennants. In general, memorabilia can attract higher prices on the collector s market compared with collectibles, although the value depends on how closely connected the item is to the sport or athlete.
The first step in building a collection is to create a focus or theme for it. For example, you might only want to collect baseball or basketball memorabilia. Alternately, you can collect items that are related to a particular athlete, such as Tiger Woods or Manny Pacquiao. This will help you decide on which items you will buy.
The second step is to look for items from reputable dealers. Keep in mind that counterfeiting is a serious problem in the collectors market so you will have to proceed with care. The main thing is to buy items that come with certification from a recognized third-party authenticator such as PSA/DNA Authentication Services or Global Authenticators. This will ensure that the item that you are buying is genuine and not a forgery, since they have been scrutinized carefully or signed in the presence of a representative of the authentication service.
One thing to be wary of is a letter of authentication that sellers provide as an assurance that the item is genuine. Unless this letter comes from one of the recognized authenticators you should not accept it at face value. Recently, six sports memorabilia dealers were charged with fraud for selling fake game-used jerseys to several buyers, including some sports trading card companies. The defendants convinced the buyers that the jerseys were real by providing them with phony certificates of authentication.
The third step is to find ways to preserve your collection in as good a condition as possible. Sports memorabilia increases in value the closer it is to mint condition as possible. One way of ensuring the condition of particularly valuable items is to have them graded by authenticators. The authenticators will carefully examine and grade the item, usually based on a ten-point scale with ten being Mint and one being Poor. They will then attach a label with the grade on the item or, when applicable as in the case of sports cards, seal it in a protective tamper-proof container to protect its condition. The sports memorabilia will also be assigned a unique serial number that will allow information on the item, such as its grade and provenance, to be accessed.
Keywords: sports memorabilia
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