Sports Memorabilia

Written by Gregg Ruais
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Collectors and businesspeople pay thousands of dollars for rare and coveted sports memorabilia. In fact, the most expensive sports artifact, the Honus Wagner cigar-box baseball card, has been valued at over $1 million by some experts. Like all consumer goods, the laws of supply and demand determine the prices of sports items.

For example, Michael Jordan rookie cards and autographs cost a lot of money, because many people want those items and only a limited amount of them are in circulation. However, collectors may deem even Jordan memorabilia inexpensive if a particular item has been over-manufactured. Sports memorabilia that signifies important games or events often have great value. The fan who caught the homerun ball off Barry Bonds's bat when he broke the single-season record received $60,000 for the ball, paid for by the slugger himself.

Inexpensive Sports Memorabilia

Most people can afford memorabilia that is fresh on the market. For instance, in 1986, my father bought me a complete set of that year's baseball cards for only $15. That set contains the rookie cards of diamond-legends Barry Bonds, Mark McGuire, and Greg Maddox, all of which can be sold for well over $50 a piece in 2004.

Not all sports memorabilia has been designed for resale. Team watches, tee shirts, and coffee mugs all serve practical purposes. This type of merchandise often has personal value to those who buy it. For these people, that's all that matters.

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