PSA says it has nearly doubled operating capacity through the first nine months of 2020 but the volume of submissions has doubled, too, and the company's gigantic backlog of orders is still growing. Earlier this year, PSA reported a backlog of nearly 1.5 million items and customer wait times for all but the highest level of services was well beyond advertised … [Read more...] about Notes: PSA Still Overwhelmed, Making Moves; MJ 10 a Fractional Sellout; More
Collectable
Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Rally, one of the fractional ownership platforms for pricey sports cards and memorabilia, has just received a $17 million cash injection from investors. According to Tech Crunch, Reddit co-founder Alexis Ohanian is one of those who have pumped cash into Rally, which has nearly 200,000 users who use an app to buy shares of ownership in things like classic sports cars and … [Read more...] about Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia
For collectors who have big dreams of owning an expensive sports card or piece of memorabilia but have a small wallet, fractional ownership is aiming to scratch that itch. The latest entry into the market and the first to be devoted only to sports, Collectable resembles the stock market, allowing investors to buy shares of high-end sports cards and memorabilia. The … [Read more...] about Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia
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...] about Collectable Aims to Offer Shares of High-End Sports Memorabilia
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...] about Collectable Raises Over $500,000 for New Sports Collectible Marketplace
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...] about Editor’s Blog: Size of the Sports Memorabilia Market
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...] about Notes: Eli’s Chargers Memorabilia; Collectable’s App and Contest; Cy Young Art Auction
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...] about Collectable Acquires Elite Cards to Bring Pricing Data to App
New App Aims to Help Collectors Navigate Auction Marketplace
Collectors who bid in sports memorabilia catalog auctions and use Apple products can now access a free app that helps them see everything in one place. Co-founded by long-time collector David Yoken, the free Collectable app for iPhone and iPad provides users the ability to view, search, and track auctions from 22 different companies from their phone or tablet. Users can … [Read more...] about New App Aims to Help Collectors Navigate Auction Marketplace