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Battle of the icons
This was a discussion I had with a few buddies of mine earlier today and it basically expands on my other thread about the future of the sports memorabilia market.
If you were to choose 4 athletes from different sports to represent the sports memorabilia hobby as a whole, it's pretty safe to say that there are 4 "kings" of this hobby that would immediately come to mind. You have Babe Ruth, Michael Jordan, Muhammad Ali and Wayne Gretzky. Now, right now its pretty obvious that Babe Ruth is the true leader of this hobby. But will he always be king or will someone else eventually surpass him? So far, the only other athlete to even come close to bringing in Ruthian values on his memorabilia is Ali. But will premium Jordan, Ali or Gretzky items ever surpass Ruth values in the future? I'm not talking about average prices on their memorabilia in general because obviously that wouldn't be a fair comparison being that Ruth items are so rare compared to the others. I'm talking specifically about the best of the best from these other icons. For example, lets say just for fun that in the year 2050 Heritage Auctions lists a Babe Ruth uniform, a Michael Jordan rookie season uniform and a Wayne Gretzky rookie season uniform up for bid in the same auction. Do you think by that time the Jordan or Gretzky uniform sale prices could challenge the Ruth uniform by reaching the $1 million+ mark? Or will Ruth still reign supreme? |
IMO, surpass? No. Challenge? No, and I don't even think Gretzky is even in the conversation when compared to Ruth - no way to even consider he would pass Ruth in memorabilia supremacy. Not even the same ballpark/rink. I'm a big hockey fan but the demand will not be there.
All things being equal relative to rarity - lets say hypothetically there was only one example existing of each athletes uniform - Ruth wins hands down. Add on top of that that I would imagine several rookie uniform examples exist for both Jordan and Gretzky. |
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Then again, Babe Ruth was the first true sports icon/celebrity ever and not only plays a huge role in sports history but also in American and pop culture history as well. He was the face of one of the most prosperous and important decades in American history. That's why I can really see this both ways and was interested in hearing what others thought about it. Thanks for your response. |
I wonder what Jordan's mystique will be when all of us who saw him play are gone? Nobody carries the passion for Wilt, Russell, or Mikan anymore. I'll bet in that 2050 auction some other basketball player's jersey sells for more than Jordan. While on the other hand, no flavor of the week (Strasburg, Bryce, anyone) touches Ruth's stuff.
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The other thing is that we have plenty of video evidence of Jordan's greatness. You can go on YouTube and watch Jordan play from the time he was in college at UNC all the way through his final season with the Wizards. Wilt, Russell and Mikan don't have that luxury so they're more prone to being forgotten/underappreciated over time. |
In non-sports Greta Garbo used to be the big one, in part because she was the #1 star of her day and because she refused to autograph. Though she is still popular with collectors, her star has dimmed in recent years, including for her autographs. Same with Rudolf Valentino.
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I live and work (as a sportswriter) in China, where the NBA reigns supreme and Jordan is still phenomenally popular. That said, MJ's appeal doesn't hold a candle to Ali's in the world's most populous nation. People here -- all age groups, from middle school kids to octagenarians -- recognize Jordan as a great athlete, but that's it. Ali, as he did in so many other corners of the globe, struck a chord with the Chinese as both a great athlete and as a great human being, whose imapact outside the ring was even more impressive than what he accomplished as a boxer. That's not likely to change -- here, or anywhere else on the planet. For my money, Ali will always be No 1 in global terms, with Pele, Jordan and Tiger Woods also in the conversation. Babe Ruth and Wayne Gretzky barely register on the scale, outside North America. BTW: As a Canadian, I feel confident in predicting that no hockey jersey -- not Gretzky's rookie, not Orr's, not Gordie Howe's -- will ever sell for more than the $1.3 million it took four years ago to acquire Paul Henderson's 1972 Team Canada jersey from the fabled "Summit Series" against the USSR.
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This is a far cry from the $717,000 paid for Babe Ruth's 1921 59th home run bat, the $996,000 for his Red Sox/Yankees trade agreement contract, the $1.2 million for his 1923 bat used to hit the first HR at Yankee Stadium, the $4.2 million paid for his 1920 Yankees jersey, etc. etc. |
Jin Thorpe
Wow was Better Ruth or Thorpe? I would pick Jim Thorpe
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Any other ideas/opinions? |
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It was a cool event to watch from the auction floor, although the winning bid came from a call-in bidder. |
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Also... anyone else have an opinion on Ruth vs Jordan/Ali? |
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