High Priced Memorabilia

[yanks12025]

Do you guys think the market for high price baseball memorabilia has gone up lately. Like in the mears auction last night they sold a rookie ruth bat for $106,000. Couple years ago the same bat sold for $18,000 and $48,000. They also sold a Ruth bat for $400,000, lelands sold the Ruth jersey for 4.4 million, Lou Gehrig bat sold for $200,000 couple weeks ago. So do you think all these items will keep going up?

[MVSNYC]

yes. it's all supply & demand; these items (Ruth, Gehrig, Mantle game used jerseys & bats) are few & far between. buying them, is like investing in high-profile blue-chip Artwork. now there seems to be new money entering the hobby in the way of wealthy investors, and they know where the great ROI is.

[MGHPro]

It really depends on the item. I don't think it will be easy to make money on the spalding ruth, or the 415k+bp ruth bat or a 200k gehrig bat. There are a few new bat guys that have entered the market lately and they are helping raise prices. If you look back several years ago.. a fair example of ruth, gehrig or cobb would sell for more than it would now. Its a very limited market for people who can drop 50k+ on an item.... and a very very limited market for people who can spend 200k on a bat or jersey.

I would bet if you re auctioned either Ruth bat in the next 2 years you would lose money but I dont think these items aren't being bought by people who really need to worry about them going up in value..
Matt