Limpert Tech for 6/30/18 on ALT 105.7 and iHeartRadio - The National Sports Collectors Convention
Rick is at The National Sports Collectors Convention in Cleveland this week.
What did he see? Anything tech? He and Sully talk about sports collecting this week.
Check out all the info on The National at www.nscc.com
Have a listen:
1. The National Sports Collectors Convention
www.nscc.com
In its 39th year. This is the largest gathering of sports collectors in the world. Rick is in Cleveland for it this year, but the show does rotate. Some 50,000 people are expected this year for a show that ends on Sunday.
2. How the Sports Collecting Hobby has Changed
Still much the same, The hobby/industry took a dip for 15 or so years. Now back stronger as people once again look at investment side as well as enjoyment. A lot of kids at the show!
3. PWCC and Sports Cards as an Investment
https://www.pwccmarketplace.com/
Through a commitment to integrity and innovation, PWCC is focused on empowering investors with information and tools needed to navigate the trading card marketplace.
PWCC is a card marketplace, but also run monthly auctions, has a vault to store in and coming soon borrowing against the value of your cards. This is something completely new to the industry.
4. How eBay Affects the Industry
eBay has completely changed the sports collecting hobby/industry. It has almost eliminated gatherings like The National in Cleveland.
In the 1990s, a number of new developments returned sports card collecting to its former financial glory. one is the rise of eBay. eBay is largely responsible for the demise of the neighborhood baseball card shop
Now technology can be used to do mass listings on eBay, track sales and trends and price fluxuations.
5. Grading the Quality of Cards and Items
One thing that new collectors and those returing to the hobby will notice is the rise of "grading." This is assigning a numerical value to the baseball card, for example on condition and other factors.
In calculating the value of sports cards, condition is crucial. Many people looking to sell their cards are not quite sure how to grade them, or more importantly, how others will grade them. Therefore, determining the condition, and in turn, value of your cards can be a daunting task.
Collectors often turn to third party graders or TPGs to make a condition judgment for them. But knowing how to judge condition for yourself is an important skill whether you’re selling or buying new material for your collection. While grading sports cards is subjective, there are widely established standards that most people in the industry follow. PGA, James Spence and Beckett ate known graders.
Modern and vintage cards alike are treated equally when being evaluated or graded. Although a vintage card may be over 100 years old, it is still subjected to the same rigorous standards as a card manufactured today.
After being graded, the cards are slabbed in plastic, registered and info is put on the card itself.
A Mint grade or a "10" is the most desirable.
6. Some of what Rick saw that is ultra valuable.
- the oldest Babe Ruth jersey. - was bought in 2012 for $4.4 million
- The most valuable baseball card in existence
The T206 Honus Wagner - $2.2 million
A great and well-organized show and a ton of fun!
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