[MVSNYC]

Ryan and I have spoken about this prior...here's my feelings on provenance.

In the world of memorabilia (Game Used Bats, Uniforms, Gloves, etc). Provenance is very important. Chain of ownership is very important. And photo-matching is even more important...it's king. Placing that item in the player's hands is paramount in establishing authenticity and value.

In the world of cards, IMO, provenance adds a cute, even "cool" narrative to the story, BUT if it's authenticated by PSA or SGC that story becomes less relevant and important. Value is almost mostly tied to if it's authentic and grade/condition.

Where it's different, as noted in Ryan's examples, is CELEBRITY ownership. That does increase an item's value, totally.

Edited to add: For the record, I do agree with Ryan, where an item coming from a prestigious collection can add some value. That can add more value versus an item from an attic find named after someone's Uncle.