After gathering feedback from users over the last several weeks, fractional shared platform Collectable has begun selling off many of the assets on its platform. Launched in 2020 with support from investors, Collectable offered users the chance to own shares of high value cards or memorabilia for as little as $5 or $10. The idea was that the items would grow in value over … [Read more...] about Notes: Collectable Liquidations; Bowman U Hoops and Topps Chrome Tennis; Rare Mickelson Rookie; Draft Kings Breaks
Collectable
Notes: Inside the “Pop-Up”; New Collectable Auction Platform; Big Julio Hit; Release Day Updates; 49ers Fan Tumbles for Towel
Lelands has opened its first “Pop-Up” auction of 2023. The smaller auctions contain a few hundred lots, mostly consisting of lower valued items, but also including some key rookie cards. Lelands launches a pop-up auction whenever the firm accumulates enough material to match the format. The items were held out of Lelands main auction – the Classic, because on … [Read more...] about Notes: Inside the “Pop-Up”; New Collectable Auction Platform; Big Julio Hit; Release Day Updates; 49ers Fan Tumbles for Towel
Mint Condition: Goldin Expands Offerings; Collectable and eBay; Arena Club Looks for Niche
Joel Belfer's monthly "Mint Condition" newsletter offers perspectives on the business side of the hobby. Leading Off Over the last few weeks, there have been a couple of big announcements from key companies across the hobby. This edition of Mint Condition will be a ‘quick hitters’ of sorts where I give my take on each of them. Let’s get into it… Goldin … [Read more...] about Mint Condition: Goldin Expands Offerings; Collectable and eBay; Arena Club Looks for Niche
Notes: Vintage Cards Unclaimed No More; eBay-Collectable Partnership; New Auction Company Launches Sale; Fanatics Auction
A Colorado man has been reunited with a collection of vintage baseball cards, 24 years after he put them in a safe deposit box in a bank in Crested Butte. “I thought these were gone forever," said the man identified only as Jere. "I never imagined they would be sitting in a vault at the Colorado State Capitol.” Jere’s safe deposit box was turned over to the … [Read more...] about Notes: Vintage Cards Unclaimed No More; eBay-Collectable Partnership; New Auction Company Launches Sale; Fanatics Auction
Collectable Shareholders Reject $1.4 Million Buyout Offer for PSA 8 1952 Mantle
If you paid $485,000 for a PSA 8 1952 Topps Mickey Mantle in early 2021 would you sell it for a 139% profit or hang onto it a bit longer? Collectable shareholders had to make that decision after the fractional shares platform received a buyout offer of $1.4 million for the copy that’s been trading on its platform. In the end, they voted against it. Shares … [Read more...] about Collectable Shareholders Reject $1.4 Million Buyout Offer for PSA 8 1952 Mantle
Fractional Shares Platforms, Too, Have Largely Suffered in Market Downturn
As sports card and memorabilia prices skyrocketed in 2020, many items considered expensive suddenly became unattainable. In September 2020, the sports fractional platform Collectable debuted with a 1953 Topps Mickey Mantle PSA 10. Collectable fractionalized the iconic card into 40,000 shares at $25 per share. For just $25, sports card investors could say they owned a piece – … [Read more...] about Fractional Shares Platforms, Too, Have Largely Suffered in Market Downturn
Fisk Home Run Ball to Display at Fenway as Shares Go on Offer
Carlton Fisk’s famous World Series game-winning home run ball is going home—at least temporarily. The ball belted off the left field foul pole at Fenway Park in the 12th inning of Game 6 of the 1975 World Series gave the Boston Red Sox a dramatic win over the eventual World Series champion Cincinnati Reds. Picked up by left fielder George Foster, the ball … [Read more...] about Fisk Home Run Ball to Display at Fenway as Shares Go on Offer
Notes: CSG Changes; NSCC VIP Autographs; Ex-SEC Chair Joins Collectable; Tatum Jersey Auction
CSG will raise grading fees on July 5. The Florida-based arm of Certified Collectibles Group will increase its bulk rate from $12 to $15 per card; Economy will go from $20 to $25 per card; Standard moves from $30 to $35 and Express from $60 to $70. At the same time, the company says it will update its return shipping service to be faster with lower costs. CSG … [Read more...] about Notes: CSG Changes; NSCC VIP Autographs; Ex-SEC Chair Joins Collectable; Tatum Jersey Auction
Renowned Artist Fiorentino to Offer Card Paintings via Collectable
Investment platform Collectable is making a move into the sports art space. The company announced Wednesday that it would be partnering with well-known watercolor artist and illustrator James Fiorentino, who recently launched a new baseball card art series. “There is Only One” has him recreating replicas of the most iconic trading cards in the … [Read more...] about Renowned Artist Fiorentino to Offer Card Paintings via Collectable
Joe Orlando Joins Collectable
Joe Orlando, who stepped down from his post as CEO of Collectors Universe last summer, will become an executive with the fractional shares platform Collectable. Orlando spent 22 years with CU, the parent company of grading and authentication firm PSA. He was named President of PSA in 2002 and took on a larger role as CEO of the Santa Ana, CA-based company in 2017. … [Read more...] about Joe Orlando Joins Collectable