Favre Vikings jersey up for bid

[ChrisWinsalways]

Re: Favre Vikings jersey up for bid

I agree if someone would really pay $20,000 for Sanchez.I would say $30,000 for Farve would be a steal.

[indyred]

Re: Favre Vikings jersey up for bid

I agree if someone would really pay $20,000 for Sanchez.I would say $30,000 for Farve would be a steal.

The Sanchez was he first regular season debut jersey. That showed nice wear. If you looked at the game pictures on getty, some rock solid photo matches were dead one for the jersey. I think this really helped in getting top dollar for it.

So what games did the Vikings play in October where Favre would have pink C patch on? I haven't looked, but i'd try and pin point the location of C patch and another placement with numbers logos ect on this jersey with game pictures. I'm sure by the end of auction it will be easy to figure out what game it came from.

[MLB_Authentic]

Re: Favre Vikings jersey up for bid

This has to be from the Rams game. The only two away games they played were at the Rams and at the Steelers and JOSPORTSCO got the Steelers jersey.

[jhunt28]

Re: Favre Vikings jersey up for bid

I'm with you brother - its between the seller and the buyer.

I'm not asking for the person's name and address. I just think it's good to know what people are paying for gamers. With auctions, it's pretty easy to see what the selling price is. If there is a gamer for sale, and lets say the price is $5k, wouldn't you want to know that it sold for $3.5k? So that the next time a similar one comes up, you know what the ballpark value is? Also, maybe you wanted to spend $3.5k, but not $5k. Wouldn't you also want to know that you could obtain a certain gamer for that price, and not a higher price? I don't see how this is unlike real estate? People may put a $1mm price tag on their home, but that doesn't mean it's worth $1mm. Wouldn't you want to know if the home sold for $750k, so that you could price a comparable home?? I don't think collecting should be unlike real estate. Like I said earlier, I don't care who/what bought the item, but I feel like it's good to know the value of current items and what the market can sustain.

[legaleagle92481]

Re: Favre Vikings jersey up for bid

The Sanchez jersey could someday turn out to be a steal. He has played well for a rookie QB and he is only 22. Remember Elway, Aikman and countless other hall of famers and pro bowlers in their rookie years? They were much worse than Sanchez's. Favre's rookie year was spent sitting on the bench in Atlanta. That being said what would the first jersey that Elway, Aikman, Favre, etc. ever wore in a regular season game go for? Probably well over 50k. So for someone who has the ability to absorb the loss if instead he becomes Akili Smith or Cade McNown it is a solid investment.

I also think the Favre is a risky investment since JO is bringing other gamers onto the market from this year, the jersey in question appears barely used and Favre is 40 coming off a disaster finish to last season with the Jets that began 8-3 and included upsets of the Pats and the previously undefeated Titans. What would a Favre Jets jersey go for? My guess is alot less than it would have gone for on November 2, 2008. But then if the Vikings win the Super Bowl, Brett wins Super Bowl MVP and then retires (making it a jersey from his last season) the jersey is a great investment. That being said the jerseys on NFL auctions seem to always sell for alot. (A Leon Washington for example is about to sell for over $2,500). So my guess is between 10 and 20k and it won't be sold to a Packers or Jets fan.

[indyred]

Re: Favre Vikings jersey up for bid

This has to be from the Rams game. The only two away games they played were at the Rams and at the Steelers and JOSPORTSCO got the Steelers jersey.

Yep, must be from Rams game. Also, they have turf so makes sense no dirt stains on the jersey. here is shot from Rams game.

Jersey in auction

[suicide_squeeze]

Re: Favre Vikings jersey up for bid

$11,678.01

[kingjammy24]

Re: Favre Vikings jersey up for bid

selling hyped rookies at hyped prices has been going on ever since sports fans began trying to turn their weekend relaxation into "investments". with the hype built into them, the prices already assume the rookie will become the next first-ballot HOFer so any upward potential has already been gobbled up by the dealer. if it was such a great investment with so much potential, why would the dealer be selling it? if the sanchez had so much potential upswing why wouldn't jarrod keep it for himself and realize the windfall? dealers are only too happy to sell because they realize that there's very little upside left after the grossly-inflated, hyped rookie price.

if something is truly a great investment, it'll usually attract a lot of attention. how many buyers plunked down $20k for the sanchez? 15? 20? or 1? was there a bidding war for the sanchez?

i've seen more players fizzle after a strong rookie season than go on to become first-ballot HOFers. this isn't a theory. i've seen it happen over and over for the past 20 yrs. it's how dealers make their money. ask any kid who ever loaded up on (insert hyped rookie of the year) because dealers convinced them "it was a great investment". it was a great investment..for the dealers.

"That being said what would the first jersey that Elway, Aikman, Favre, etc. ever wore in a regular season game go for? Probably well over 50k."

apples and oranges. back in 1979 (montana) or 1983 (elway) or even 1989 (aikman) you didn't have teams and leagues deliberately producing as many gamers as possible for the sake of resale. many steiner shirts refer to the week or month it was used. week or month! i remember when a player would use 1 shirt for half the season. now they're intentionally pumping them out like krispy kremes just to cash in. how many sanchez shirts will JOSports pump out in 2009? conversely, how many montana shirts did the 49ers release to the public in 1979? a $50k montana price would be due to the scarcity. there will be no scarcity of sanchez shirts for years to come so even in the remote chance sanchez becomes the next montana, his gamers will never be as valuable.

what used to be a hunt has now simply turned into selecting the game from which you want a jersey and then placing your order. the hobby has turned teams and leagues into game-used factories. in the 70s, a ball player might use 3 or 4 shirts total in a season. nowadays they're using 10+. you don't think increasing the supply 3x+ over is going to put a heavy anchor around the upward potential of modern pieces? there will be very little in the way of future returns because places like steiner and JO have already juiced most of it out for themselves. look, steiner is currently selling a 2009 jeter jersey for $15k. long after jeter makes the HOF, you won't see a lick of profit from that thing. instead, he'll retire and quickly fade from current interest as fans move on to the next superstar. as interest fades, the price won't have anything to cause it to increase (after all, unlike older shirts, supply is no longer an issue). if i had a griffey rookie gamer, i'd likely have made more money selling it in 1996 than now when noone even talks about him anymore because they're too busy watching pujols. even if sanchez pans out, he likely won't be able to do nearly enough for that shirt to return a decent profit (in inflation-adjusted dollars).

rudy.

[LastingsMilledge85]

Re: Favre Vikings jersey up for bid

The Sanchez jersey could someday turn out to be a steal. He has played well for a rookie QB and he is only 22. Remember Elway, Aikman and countless other hall of famers and pro bowlers in their rookie years? They were much worse than Sanchez's. Favre's rookie year was spent sitting on the bench in Atlanta. That being said what would the first jersey that Elway, Aikman, Favre, etc. ever wore in a regular season game go for? Probably well over 50k. So for someone who has the ability to absorb the loss if instead he becomes Akili Smith or Cade McNown it is a solid investment.

I also think the Favre is a risky investment since JO is bringing other gamers onto the market from this year, the jersey in question appears barely used and Favre is 40 coming off a disaster finish to last season with the Jets that began 8-3 and included upsets of the Pats and the previously undefeated Titans. What would a Favre Jets jersey go for? My guess is alot less than it would have gone for on November 2, 2008. But then if the Vikings win the Super Bowl, Brett wins Super Bowl MVP and then retires (making it a jersey from his last season) the jersey is a great investment. That being said the jerseys on NFL auctions seem to always sell for alot. (A Leon Washington for example is about to sell for over $2,500). So my guess is between 10 and 20k and it won't be sold to a Packers or Jets fan.

He has played well for a rookie??? Are you kidding me, he throws more pics than tds. He is a college qb playing in the NFL. He is no Matthew Stafford, and probably will never be. That being said Sanchez could become a dominate qb (I just don't see it happening). Anyway, if the NFL doesn't work out for Sanchez he could join the Fridge on 4th of July for Nathan's hot dog eating contest.

[legaleagle92481]

Re: Favre Vikings jersey up for bid

Lastings,
Sanchez had 8 of his 10 ints in two games, he has had no turnovers in the last two games. If you count his 3 rushing tds, he has passed or thrown for more tds then INTS. He is on pace for almost 3,000 yards passing and 22 tds (run and pass) vs. 20 ints. Granted he is not going to a pro bowl anytime soon but for a 22 year old with only one year of college starting experiance that is pretty darn good. Consider also that he is on the number one rushing team in the NFL that features a back who was the AFC's leading rusher a year ago and that the Jets have had injury issues at receiver and he had to adjust to a newly acquired number 1 receiver a month into the year. As far as the Stafford comparison. In 5 games Stafford has 5 combined tds vs. 7 ints and just yesterday went 14 of 33 without a passing td in a loss to a team that had not won a game in over a year. Granted Stafford is 14 months younger, has battled an inujry that has caused him to miss a couple of games and is on a worse team but I do not see how he is better than Sanchez at this point in their careers. My point was that Sanchez has had a good start when compared with the starts that many hall of fame QBs had and that he has shown the potential to POSSIBLY become a star one day.

[TriplexXxSports]

Re: Favre Vikings jersey up for bid

...a Favre jersey to arguing stats about Sanchez.....what happened?

I have 2 words to help sum up over-rated rookies that people pay way too much for and will never see a profit from any of their investments - DEVIN HESTER! or BRADY QUINN! or DAVID CARR! or Sexy REX (GROSSMAN).

Sanchez will be no different.

Anyway, the Favre is now at $3500 - BEGINNING OF DAY 2.

[LastingsMilledge85]

Re: Favre Vikings jersey up for bid

Bottom line I rather waste my money on a proven quarterback and certain hall of famer than an overrated Sanchez who will probably be a bust. Typical NY media hypes up their players to what they will never become.

[kingjammy24]

Re: Favre Vikings jersey up for bid

.. he has shown the potential to POSSIBLY become a star one day.

the problem is his jersey was priced as if he already is a star. do rookie shirts of non-stars typically go for $20k?

you can spend $3k less and get the photomatched jersey, with team LOA, for a 3x superbowl mvp, 2x mvp, HOF'er:

http://www.meigray.com/edealinv/servlet/ExecMacro?nurl=control/StoreItem.vm&ctl_nbr=2381&siId=2142223&catLevel=0&scLevel=&thisCatLevel=&oldParentID=&catParentID=4453&scId=4453

buy the sanchez because you like it and can afford it but not because of some "investment" nonsense.

rudy.

[EndzoneSports]

Re: Favre Vikings jersey up for bid

selling hyped rookies at hyped prices has been going on ever since sports fans began trying to turn their weekend relaxation into "investments". with the hype built into them, the prices already assume the rookie will become the next first-ballot HOFer so any upward potential has already been gobbled up by the dealer. if it was such a great investment with so much potential, why would the dealer be selling it? if the sanchez had so much potential upswing why wouldn't jarrod keep it for himself and realize the windfall? dealers are only too happy to sell because they realize that there's very little upside left after the grossly-inflated, hyped rookie price.

if something is truly a great investment, it'll usually attract a lot of attention. how many buyers plunked down $20k for the sanchez? 15? 20? or 1? was there a bidding war for the sanchez?

i've seen more players fizzle after a strong rookie season than go on to become first-ballot HOFers. this isn't a theory. i've seen it happen over and over for the past 20 yrs. it's how dealers make their money. ask any kid who ever loaded up on (insert hyped rookie of the year) because dealers convinced them "it was a great investment". it was a great investment..for the dealers.

"That being said what would the first jersey that Elway, Aikman, Favre, etc. ever wore in a regular season game go for? Probably well over 50k."

apples and oranges. back in 1979 (montana) or 1983 (elway) or even 1989 (aikman) you didn't have teams and leagues deliberately producing as many gamers as possible for the sake of resale. many steiner shirts refer to the week or month it was used. week or month! i remember when a player would use 1 shirt for half the season. now they're intentionally pumping them out like krispy kremes just to cash in. how many sanchez shirts will JOSports pump out in 2009? conversely, how many montana shirts did the 49ers release to the public in 1979? a $50k montana price would be due to the scarcity. there will be no scarcity of sanchez shirts for years to come so even in the remote chance sanchez becomes the next montana, his gamers will never be as valuable.

what used to be a hunt has now simply turned into selecting the game from which you want a jersey and then placing your order. the hobby has turned teams and leagues into game-used factories. in the 70s, a ball player might use 3 or 4 shirts total in a season. nowadays they're using 10+. you don't think increasing the supply 3x+ over is going to put a heavy anchor around the upward potential of modern pieces? there will be very little in the way of future returns because places like steiner and JO have already juiced most of it out for themselves. look, steiner is currently selling a 2009 jeter jersey for $15k. long after jeter makes the HOF, you won't see a lick of profit from that thing. instead, he'll retire and quickly fade from current interest as fans move on to the next superstar. as interest fades, the price won't have anything to cause it to increase (after all, unlike older shirts, supply is no longer an issue). if i had a griffey rookie gamer, i'd likely have made more money selling it in 1996 than now when noone even talks about him anymore because they're too busy watching pujols. even if sanchez pans out, he likely won't be able to do nearly enough for that shirt to return a decent profit (in inflation-adjusted dollars).

rudy.

Rudy makes some great points, the most important of which is affirming the basic tenants of supply and demand economics.

The true value or worth of an item can only be determined at the time of sale between a willing buyer and seller. The negotiated and agreed upon transaction price definitively sets the value at that time (and only for that time). Any subsequent discussion of value can only be considered as an estimate as the (true) value determined in any subsequent transaction will be set by the parties involved at the time the transaction takes place. A jersey that sells for $20K today, is worth $20K for today only. If tomorrow the new buyer elects to put this jersey back on the market and comes to an agreement to sell it for $15K, this more recent transaction sets the jerseys value at $15K. I make this rather obvious point as it relates to the fickleness of sports fans and collectors.

Part of the value of any item in a transaction is based on the popularity of (and thus, demand for) the player in question. As we are dealing with players who will typically work only 16 days a year during a “career” that is likely to span only about four years (on average), much of this popularity which feeds demand is based upon a fairly compressed time frame… How did they play this week? It is for this reason that whether a player is considered a hero or a goat can swing wildly over a very short time span.

Rudy points out the recent proliferation of game jersey being “created” in order to satisfy the demand of collectors. I whole heartedly agree that—unless our hobby finds a way to sustain longevity, there is little hope for being able to maintain value over time. As with all other commodities, the supply will eventually outpace demand, putting downward pressure on pricing. To a certain extent, one can already see this happening.

Dealers will often put out their initial offering with significant pricing premiums, knowing that they will need to maximize profits for those items for which there is a market (striking while the iron is hot). This is not so much price gouging as, looking at the inventory as a whole, they must profit handsomely on these initial sales in order to cover the carrying costs of the less desirable inventory which remains—much of which will be discounted and sold at significantly less than their initial listed prices.

Some may not always agree with the dealers’ pricing strategies, however, these businesses have invested a significant amount of capital in order to be able to obtain this inventory to begin with. The pricing of individual items within their inventory has to fit into a business model that also ensures long-term financial stability for the business (ie Return on investment) and thus a long-term existence of the business.

There are also some pricing intangibles that are yet to be worked out… Primarily, determining the value of unquestioned authenticity. All collectors would certainly be willing to pay some amount of a pricing premium for the peace of mind of knowing that the item is truly authentic. How much this is worth can vary from collector to collector and from item to item. With the rampant amount of fraud and deception that has plagued our hobby for years, one would think that such guarantees would be a Godsend. What one is willing to pay for such assurances, however, is yet to be determined. Over time, the market will tell.

Regards,

[genius]

Re: Favre Vikings jersey up for bid

Plus you can buy a cheap replica that looks very similar when framed for about $50 or less on ebay. Not only are these items not scarce, you could wear one to a game and not one head would turn since hundreds of others would be wearing a graphically-perfect replica. No way these hold up in value over the long term.