Learning how to buy sports memorabilia and collect sports memorabilia is something that can be both profitable and enjoyable at the same time. Here are some tips, some definitions and some examples that are going to help you to better understand the entire process for learning how to buy sports memorabilia and enjoy sports memorabilia in a collection.
What are officially licensed products?
These are products that have come to be because a professional athletic association has granted permission to a company to display a team logo, name or trademark on a product. An item that is officially licensed will typically have a tag or a sticker that indicates that the item has been officially licensed by a professional athletic association such as the NHL, NASCAR, NFL, NCAA, MLB or NBA for example.
What are limited editions?
When you buy sports memorabilia that is noted as being a limited edition collectible, what this means is that there are only a certain number of that item that were produced or that were autographed. There are typically going to be two different numbers that are displayed on such a collectible, one which is high and one which is low. The high number is indicating the total number of limited edition items that were produced and the lower number is indicating what number yours is out of the total.
With limited editions, the only way that the number is going to be the same in both numbers is if you have received the last limited edition item out of the total number of items that was produced. Most of these limited edition items are going to come with what is known as a certificate of authenticity, which is important even if the item is not actually autographed because what it is doing is letting you know that the item is licensed, limited edition and authentic, and this is something that you should be looking for when you buy sports memorabilia.
When you have the certified signature from a professional athlete on your collectible sports memorabilia, then what you have is a limited edition autographed piece of sports memorabilia. These signatures can appear on baseball cards, pictures, jerseys, balls and any other piece of memorabilia or equipment. The signature absolutely must be certified in order for the memorabilia to be worth anything, so when you buy sports memorabilia, make sure that you are getting the piece verified before you purchase it in order to verify its authenticity.
There are a lot of things that go into how rare or how limited edition an item is including the popularity or talent of the particular athlete, the number of items available to the public, if there is a hologram on the item and the condition of the item, though there are many other criteria as well.
Photo Credits: Keith Allison
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1 comment so far ↓
Nice post, especially important on knowing and understanding what is officially licensed products for whatever you choose to collect, it gets especially tuff when buying autographed items, but this was a nice primer to start someone off
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