I saw an article the other day claiming that sports memorabilia is one of the top 10 biggest wastes of money. Chris Pummer, who wrote the article claims that, “This market for the celebrity struck may be the greatest separator of fools and their money ever.”
He lists premium coffee to go and cigarettes as a few other “biggest wastes of money.”
I agree with Pummer that sports memorabilia is a waste of money if you buy the wrong player or if you purchase something that is fake.
But the bottom line is that the market for autographed sports memorabilia and collectibles is huge. Authentic autographs are tough to get, expensive, and there are limited amounts available.
Take Pete Rose, who signs every weekend in Las Vegas. There is such a demand for his autographed memorabilia that his jerseys, baseballs and other items consistently bring good money — no matter how much he signs.
When Pete becomes unable to sign — or he dies, his existing, authentic autographed memorabilia will double or triple in value.
Pummer mentions how a $700 Barry Bonds ball is worthless. I have to agree with him on that one. Sports...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
