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Sports Collectibles Newsletter |
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Issue 27, 11/4/2006 |
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Every time an athlete unexpectedly dies there’s an increase in demand for that athletes collectibles. We’ve seen it with Pat Tillman and Kirby Puckett, and we recently saw it with the tragic death of Yankees pitcher Corey Lidle. And why not? Collectors want to honor someone that’s passed by adding them to their collection. When it comes to autographs, the fact that there is now a finite number of autographed cards and photos available skyrockets demand. But for every well intentioned collector, there is the collector that sees dollar signs and wants to profit off of the death of the athlete. Before the death is even confirmed, they are on eBay buying up every single collectible of said athlete, only to re-post it for a hefty profit. If you own a Lidle collectible is it wrong to sell it now when people want it? I say no, but I also say that the respectable collector would donate any profit to charity or the athlete’s foundation. What do you think? I recently devoted a whole Weekly Report to the topic. [read more] |
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FEATURED ITEM: Dominic Hasek Autographed Red Wings Wall Plaque |
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This is a beautiful Dominic Hasek autographed wall plaque, which features the autographed photo mounted on a piece of 10 1/2 X13" Red Marble wood w/ gold trim. This 8X10 photo was signed on December 10th, 2003 as the Red Wings were in Buffalo, NY to play the Sabres. There is no reserve on this item!! Each autographed I sell comes with a COA from Adams Allsports Collectibles. [More Details] |
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From Tuff Stuff: "Topps reported net sales for its second quarter of fiscal 2007 (ended Aug. 26) increased 9.9 percent over the previous year to $82.3 million, with almost all of the increase coming as a result of significant increases in sales of the company’s U.S. sports card products. Domestic sports card sales were up 75 percent compared to the same quarter last year, and are up 66 percent for the first six months of the fiscal year. Profit margins were also up for the company’s entertainment division (under which sports card sales are recorded), thanks to improved sales per release. The reduction in overall brands also helped with reducing costs and improving margins." My take: Wow, glad to hear that all of the changes seem to be working. It seems like a combination of simplifying the collecting process with the new rookie card designations and eliminating unnecessary brands, along with mass-marketing campaigns aimed at kids has really helped Topps and the hobby. It's good this worked, because the alternative (continuing to see a decrease in the number of collectors in the hobby and an increase in premium packs that cost $500) would eventually lead to the end of the hobby, in my opinion. [read more] |
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From Tuff Stuff: "PSA is now accepting unopened sports and non-sport trading card packs for authentication and grading. The submission form and the company’s 10-point grading standards for unopened packs are available online at www.PSAcard.com. 'The hobby marketplace has seen a tremendous increase in interest for unopened packs,' said PSA president Joe Orlando. 'We feel we can expand that demand with our brand strength and the quality of our holder. We are also planning to incorporate packs into our PSA Set Registry program.'" My take: As I've said before, I'm not a huge card collector, but I'm shocked that PSA wasn't offering this already. Get ready for prices on graded packs to shoot through the roof on eBay. I suppose that it's good to know that the pack is in good shape, but I wonder how that correlates to the condition of the cards inside? [read more] |