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How to obtain valuations of sporting goods


How to obtain valuations of sporting goods.

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When you invest in sports memorabilia, you often don't know how much its value may increase by the time you decide to sell it. Likewise, it can also decrease in value.


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When you invest in sports memorabilia, you often don't know how much its value can increase by the time you decide to sell it. Likewise, it can also decrease in value.

Appraisal is a must for the serious sports collector. There are people who have been very disappointed because they did not appraise their items for their value and then sold them for a fraction of their value.

Some of the places to check for sports memorabilia appraisals are:

) All authentic sports memorabilia professionals that can provide references and offer instant appraisals 2.) Vintage Sports Memorabilia

) Vintage Sports Memorabilia Appraisals - has a sports artifact library for thousands of vintage sports items, prefers email requests limited to two items, nothing newer than 1980.

) Krause Standard Sports Memorabilia catalog price guide.

4.) Robert Connelly: does appraisal clinics. He is a member of the American Society of Appraisers and was honored by the Royal Institution of Chartered Surveyors.

5.) American Legends-Provides paid appraisals, founded in 1992.

6.) Sporting Goods Appraisal Expert: provides 800 number, voluntary information to help reference its value as an appraisal business.

In addition to the importance of appraisals for resale value, you may want to seriously consider insuring your valuables. Insurance companies may also not recognize value unless an appraisal has been performed. Make sure you have documented proof.

There is a Uniform Standard of Professional Appraisal Practice that is recognized in the courts and is acceptable to banks, insurance companies, auction houses and the IRS.

Don't just rely on a local sporting goods store or any available appraisal you find. Also, consider that it's worth paying more than one opinion if it's a lot of money and gives you peace of mind.

Prices will change, so you'll want to have an updated value before you decide to sell. Retired players hold their value best because their status will not change.

Make sure you sell to the right person or company. Just because an item is listed with an amount, doesn't mean the dealer will agree to pay that amount.

Sweat stains do not necessarily make a sweater authentic. Anyone can wear a sweater long enough to sweat on it and try to pass it off as the real thing. Beware of stained autographs, folded pages in books and frayed edges on cards. An appraiser should be trained to notice the small details that could diminish the value of your collectible.

There is a system with trading cards called grading. A graded card has a more reasonable guarantee of authenticity. Graded cards are sealed to discourage trading cards, a low tactic of some sellers. The appraiser must know how to recognize graded cards and their value.

When my daughter took up card collecting and bought a box of cards that looked like a great deal, she was soon very disappointed. The only authentic card was the one in the display case at the front of the box. Everything else was fake, worthless. It was a waste of her long earned and saved allowance. So beware of this type of scam when buying a group of items. The appraised value will be zero.