A full Philadelphia Warriors uniform worn by Wilt Chamberlain during his rookie season in the NBA has become the largest sale in the short history of the fractional shares market for sports memorabilia. Over 1,000 investors purchased $956,000 worth of shares at $10 each via the Collectable app on Wednesday. The initial public offering sold out in one hour. The … [Read more...]
Notes: Hobby Shop Burglary; Fleer Box IPO Sellout; MJ Rookie Record; ESPN Podcast; OPC Worker Recalls Rough Cut Reasons
There was a burglary at a northern Indiana hobby shop last week. Police in Elkhart, IN, near South Bend, say someone entered F&G Sports Cards in the wee hours of Christmas Eve and stole about $11,000 worth of merchandise. The shop’s owner says two people pried open the back door and stole all of the hobby boxes that were inside along with a signed Michael Jordan … [Read more...]
Collectable Aims to Offer Shares of High-End Sports Memorabilia
In 1602, when the Dutch East India Company issued the first shares of stock on items that were made tradeable on the Amsterdam Stock Exchange, little did these capital investors know that their business model would be used centuries later by passengers on private jets, yacht enthusiasts, vacationers-- and now sports memorabilia collectors. Collectable's Jason Epstein says … [Read more...]
Collectable Raises Over $500,000 for New Sports Collectible Marketplace
Collectable, a Boston-based technology company that brings together historical and real-time pricing data from sports memorabilia auctions, has acquired seed funding to launch a new peer-to-peer marketplace. Seed-round investors include Evan Mathis, a former Super Bowl champion NFL player and avid collector, Jason Epstein, co-founder of CastleRock REO, and Larry Richmond, … [Read more...]
Editor’s Blog: Size of the Sports Memorabilia Market
I get emails and calls from reporters, authors and other information seekers on a fairly regular basis. Probably the most popular question is “do you know how big the sports memorabilia industry/hobby is with regard to annual sales?” Hey, it beats the most popular question from circa 2008 which was “how come baseball cards aren’t worth anything anymore?” I’d … [Read more...]
Notes: Eli’s Chargers Memorabilia; Collectable’s App and Contest; Cy Young Art Auction
Eli Manning's helmet from the 2008 Super Bowl is up for auction right now with bidding pushing toward $70,000 and several days still left in the bidding. Remember when he was a San Diego Charger? You're excused if not, because his tenure lasted only about 45 minutes. Manning had told San Diego he had no interest in playing for them but the team took him first overall … [Read more...]
Notes: Cert Numbers Track Coins from Gronk Burglary; Collectable Ap Update; Joe Mauer’s Collection
Authenticated and graded 19th century coins stolen from the home of New England Patriots tight end Rob Gronkowski while he and his roommates were at the Super Bowl were tracked down after investigators used the certificate numbers given by PCGS, a sister company to PSA. Two Proof Morgan dollars were taken in the burglary, both belonging to one of Gronkowski’s … [Read more...]
Collectable Acquires Elite Cards to Bring Pricing Data to App
Collectable.com, which offers an app that offers sports collectors the ability to view and search major auctions from their smartphone, has purchased Elite Cards, a mobile-oriented, real-time price guide for sports cards. Collectable founder and CEO David Yoken believes the acquisition will help collectors gather vital information about pricing on vintage and modern sports … [Read more...]
Collectable.com Now on Android, Offering $2K Giveaway
After debuting it last summer on Apple devices, Collectable has released an Android version of its auction tracking app. The Collectable app allows users to view, search, and track items being sold through over two dozen auction houses from one location. Users can also submit wish lists, enabling them to be notified when an item they’re looking for comes to market. It’s … [Read more...]