A collectible is completely different from an antique, as the latter needs to have a certain vintage. However, collectibles do have similar traits, in terms of quality and condition. Collectibles cover a wider spectrum, they can be as old as an antique, or could be something that just got minted today.
The value of a collectible is a subjective matter. It could be something that an entire community of collectors would evaluate equally. At the same time, it could be an object that an individual will want to own for strictly personal and unique reasons. People collect cereal boxes, and candy packaging, two examples that don’t exactly speak of lavish production and exotic context. To sum it up, a collectible’s worth is driven simply by the enthusiasm of the community that sees value in it.
Sports and Collectibles
Sports are an integral part of the American lifestyle, whether you follow it from the couch or at the ballpark. Over the last century, as professional sports has developed into multi-billion dollar industries, enough history has been created. Watershed moments and triumphant scenes dot the pages of American sports history, led by larger-than-life protagonists who adorned cards, posters and other merchandise across the continent. Collectibles also tap into these emotions and histories of America’s favourite sports.
If you are looking to jump into the fun and wild ride of collectibles, it would be great to start off with some basic knowledge of what you desire. Get a low-down on what sports merchandise and items are in demand. Classic WWF cards have a fan following, you can get 20 dollars for a signed Greg the Hammer Valentine piece (remember him?). Autographed items have a certain obvious edge.
Baseball has one of the largest collectibles community built around it. Some of the precious items that are in demand include photos, baseballs, mini helmets, caps, gloves, jerseys, baseball cards, and much more. Other professional sports include ice hockey, basketball, boxing, golf and football.
Signed memorabilia and promotional art are big in the collectors market. Tickets and stubs also have a niche following.
How to avoid overpaying?
The biggest risk of jumping into a deal with collectibles is that you may be paying more than an object is actually worth. Patience is the key here, along with knowledge. Remember that most sellers, especially those who are not into it full time, are looking to make a good profit.
It is good to be part of a network of enthusiasts who share your passion for collectibles. You can always reach out to your peers to determine if something on sale is worth the acquisition. A second opinion is always good, the more feedback you collect, the closer you get to the real value of a product.
Your collection has a high value, but what it means to you can never be explained in numbers. Enjoy your passion and buy collectibles from those who respect your choice.