How to Collect Sports Memorabilia

October 4, 2015 by  
Filed under Spotlight, The Den

Collect sports memorabilia
Many new collectors are interested in how to collect sports memorabilia profitably.  To address that we need to first think about the basics. Right away most people think only in terms of baseball or football memorabilia.

Like the rest of us they see some of the crazy prices these objects are going for. These are indeed extremely popular and profitable. But there are many other sports to consider that can provide an avenue for collectors.

People will pursue items their favorite sports personality has signed, used or donated.

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For example, NASCAR is a sport with hundreds of thousands of fans. People from all over the world enjoy the thrill of the race and the items associated with it.

Then there are sports like wrestling, cycling, Olympic sports, hockey, tennis, boxing plus many more. There is the familiar sight of people fighting over a towel, hat or glove tossed into the crowd of spectators.

And while that isn’t uncommon the more routine approach is for collectors is to bid for these items. They go to auctions online or in person. They also have the option to trade with other collectors.

Children can be, and often are, avid collectors of sports memorabilia as well. What might have begun as a gift from a loved one, or a chance meeting of a player in public, could start a lifelong adventure into collecting.

It may even begin sooner, as the child experiences their parent’s idolization of a particular athlete. Collecting can be a shared passion and a bonding point between parent and child.

“Take the time to learn how to collect sports memorabilia well.”

For those new to collecting, there’s even a “Sports Memorabilia for Dummies” book, which might be a big help in learning exactly how to collect sports memorabilia. Pete Williams and Gary Carter are the authors.

The largest private collection known of baseball memorabilia was one held by New York Yankees fan Barry Halper. He was a minority owner of the Yankees. He began to sell off his collection in the late 1990s.

One of the more valuable items in his collection was a glove used by Lou Gehrig in his last game, which brought $387,500 at auction. Another item owned by Halper was a glove used by Mickey Mantle, which brought $239,000.

A sports memorabilia niche often overlooked by the majority of fans is that of postage stamps.

These are of interest to stamp collectors and sports fans alike. Some stamps may depict the sport itself, the stadium venue or a particular athlete. Commemorative stamps depicting the finale to a specific sporting series is another collecting option.

“Children can learn to collect sports memorabilia as a responsibility builder.”

The amount Olympic memorabilia purchased is phenomenal.
People who collect sports memorabilia attend these events to buy for themselves as well as for loved ones who were unable to attend. The towns or cities where the events are held make their own fortune off their local souvenirs. Some of those souvenirs become gifts where the joy of collecting is introduced into yet another area.

Best of luck and collect well.

Peter
SmokinMonkey.com

“Links in this post may be affiliate links. By clicking + purchasing I would receive a commission.”


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