A new online trading and vaulting platform for sports cards and other collectible hard goods has announced a $6 million investor influx that includes two current pro athletes. Myna Swap, which is in the final stages of development, received the seed round from strategic investors including Blizzard the Avalanche Fund, Citizen X, Polygon Studios, Madison Paige Ventures, AAF … [Read more...] about New Platform for Cards, Collectibles Picks Up $6 Million from Investors Including OBJ, Kyler Murray
Notes: The “Modern Wax Fund”; Marketing Morant; Wizards, Caps Benefit Auction
Got $25,000 to invest in modern era unopened sports card products? There’s a newly-launched private-equity fund for you. The “Modern Wax Fund” was created by Attic Investments and Blowout Cards who have put over $3 million worth of rare and desirable boxes and cases into the project. David Arons of Frisco, TX-based Attic Investments says the fund will own more … [Read more...] about Notes: The “Modern Wax Fund”; Marketing Morant; Wizards, Caps Benefit Auction
Heritage: New Money Helping Fuel Auction Prices
Some fresh money is helping boost prices for historic sports memorabilia, according to Heritage Auctions. The company says last week’s auction that closed over a two-night period generated over $11 million in winning bids, some of it spent by new buyers. In all, 17 lots commanded prices in excess of $100,000, led by a $2.58 million result for a 1937 Lou Gehrig Yankees … [Read more...] about Heritage: New Money Helping Fuel Auction Prices
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
Auction Reps Offer Advice to Would Be Sports Collectors
The hobby has seen a lot of 'new money' in 2012. With several auctions receiving immense mainstream media attention, several fans and some investors have taken notice in the variety that exists in the world of sports cards and sports memorabilia. They've jumped into the hobby for the first time, whether it's bidding on one of those famous lots or something more … [Read more...] about Auction Reps Offer Advice to Would Be Sports Collectors
W514 Babe Ruth: The Next Break Out Bambino Baseball Card?
He's recession proof. For collectors, investors and baseball historians, his name attached to anything associated with his playing or coaching days is golden. Two of his first-ever baseball cards broke records this month. His first real big league card continues to climb in value. The hobby is looking for a potential bargain amid the high dollar avalanche of Babe Ruth cards … [Read more...] about W514 Babe Ruth: The Next Break Out Bambino Baseball Card?