Showing posts with label babe ruth autograph. Show all posts
Showing posts with label babe ruth autograph. Show all posts
Tuesday, June 28, 2011
Friday, June 3, 2011
How Does Death Really Affect The Value of An Autograph?
Some well known sports personalities sign as many autographs as they can to keep the value low and, they hope, keep the opportunists to a minimum. Others don’t sign many at all to keep the price up so they can make more money in their next private signing deal or card company autograph contract. One factor that neither philosopher can control is how long they have to maintain their desired practice. When you’re dead, you can’t sign anything.
For years, a player’s death has resulted in dealers charging a premium for autographs he signed before heading to the great beyond.
There shouldn’t be a shortage of autographs of personalities who lived a long time and were generous with their signature. Former New York Giants’ great Andy Robustelli passed away this week. You can bet that somewhere is a dealer with a stack of signed Robustelli photos. Is there a demand? Probably not enough of one to match the suddenly increased price.
It depends on the player. For Harmon Killebrew, the answer to whether death can impact the value of an autograph, is yes. Killebrew died May 17. Immediately following his death, baseballs signed by the popular slugger skyrocketed in value, according to Ben Milch of New Jersey-based SigPrices.com, a site that tracks the selling prices for autographs across multiple platforms.
“For example, in May 2010, this same time a year ago, a Harmon Killebrew singled signed baseball authenticated by PSA DNA was selling for an average of $38.59 on eBay,” Milch told Sports Collectors Daily. “Now, following his death, that same ball more than doubled in price. In fact, the next day after his death, the same ball sold for $92.66 on eBay. That is an increase of 240 percent.”
On the other hand, Bob Feller collectors were not as fortunate. Feller died on December 15, 2010. Yet, his autograph had only a marginal change in value following his death, according to SigPrices data. For example, in May of 2010, this time last year, a Bob Feller single signed baseball authenticated by PSA DNA was selling for an average of $43.80 on eBay. After the former Cleveland great passed away, however, the price of his autographed baseball actually decreased slightly to an average of $40.30 on eBay.
“Now, nearly six months after his death, the price of his autographed baseball decreased again to an average of $34.65 on eBay,” Milch reported. “That means that after his death, the price of his autographed baseball actually decreased by 26 percent.”
Why did this occur for Feller and not for Killebrew?
“There could be many theories,” said Milch. “But when you dig a bit deeper for more facts, the reason becomes more clear. Unlike Killebrew, who died at age 74, Feller lived a long life to the ripe old age of 92. Feller was also known to be extremely friendly and willing to sign his autograph upon request. Since Feller had an additional 18 years to sign his autograph, his signature became one of the most easily accessible in the hobby. Thus, based on the lack of scarcity of Feller autographed baseballs, his signature did not increase in value following his death.”
As a whole, interest in a player’s autograph increases with their passing.
“Immediately following a player's death, one will usually see more autographs of that player for sale as dealers clean off the cobwebbs of that player and put it out on the market again,” Milch explained. “After a player retires, most likely the only time you will hear that player's name in the media again is if they are selected for the Hall of Fame or if they die. Dealers tend to be ready to pounce on those opportunities when those events occur because that player suddenly became of interest once again.”
While some autographs, even after a player’s death, tend to settle into a certain value range without changing much from year to year, autographs of some of the more well known figures do see a slow and steady year-to-year increase.
“As time passes, the deceased Hall of Famers that continue to grow in value are the iconic players who are beyond just mere stars of the game,” Milch stated. “That list includes Mickey Mantle, Babe Ruth, Ty Cobb, Ted Williams, Joe DiMaggio, Johnny Unitas, Walter Payton, and Wilt Chamberlain.”
While it may seem rather uncouth to even discuss, Milch says it’s no secret that checking the age and health of iconic former stars and securing multiple autographs to hold onto could prove to be a wise investment.
Wednesday, September 8, 2010
New Autograph Price Guide Promises Better Info
A new online autograph price guide has launched, offering value data based on recent sales from eBay and major hobby auction houses.
New Jersey-based SigPrices.com uses many of the same concepts as the graded sports card price guides that have been developed for online use over the past four to five years, but it geared toward sports autographs.
For a daily, monthly, yearly or lifetime subscription fee ranging from $3.99 to $299 (a six-month subscription is $49.99), the user can search the company’s database to find selling prices for items similar or identical to what they’re tracking.
“The value of an autograph is based on the price that someone is willing to pay,” said SigPrices.com’s Ben Milch. “Rather than rely on stale published price guides that simply provide an arbitrary value for an autograph, our high-tech software provides you with the historical underlying data of each signed collectible so you can see for yourself how much your autograph is worth to those who actually buy it.”
In development for two years and under construction since early this year, Milch says the company has compiled millions of realized sports autograph sales so far. The data for major auction houses dates back to 2006. The data from eBay auctions of autographed sports items dates back a little over one year.
SigPrices currently offers a database of autographs that includes virtually all major sports. Users can search by: player, collectible, authenticator, and grade. The website offers up-to-date sales data that can be used immediately when considering purchases or determining actual value for pricing or pinpointing values.
“This wealth of information is incredibly valuable to making an educated decision before you purchase or sell your autographed collectible,” Milch said. Visit http://www.sigprices.com for more details
New Jersey-based SigPrices.com uses many of the same concepts as the graded sports card price guides that have been developed for online use over the past four to five years, but it geared toward sports autographs.
For a daily, monthly, yearly or lifetime subscription fee ranging from $3.99 to $299 (a six-month subscription is $49.99), the user can search the company’s database to find selling prices for items similar or identical to what they’re tracking.
“The value of an autograph is based on the price that someone is willing to pay,” said SigPrices.com’s Ben Milch. “Rather than rely on stale published price guides that simply provide an arbitrary value for an autograph, our high-tech software provides you with the historical underlying data of each signed collectible so you can see for yourself how much your autograph is worth to those who actually buy it.”
In development for two years and under construction since early this year, Milch says the company has compiled millions of realized sports autograph sales so far. The data for major auction houses dates back to 2006. The data from eBay auctions of autographed sports items dates back a little over one year.
SigPrices currently offers a database of autographs that includes virtually all major sports. Users can search by: player, collectible, authenticator, and grade. The website offers up-to-date sales data that can be used immediately when considering purchases or determining actual value for pricing or pinpointing values.
“This wealth of information is incredibly valuable to making an educated decision before you purchase or sell your autographed collectible,” Milch said. Visit http://www.sigprices.com for more details
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