Resale Values of Certified GU Items Have Officially Collapsed

[hairyangryfella]

Re: Resale Values of Certified GU Items Have Officially Collapsed

I thought that the prices for the Montana items were quite good. I won the KC Montana practice shirt which was over 1300$, which I consider a great price for a practice shirt (a Chiefs one at that!). The flak jackets and knee brace all selling for around 600$ seems about right to me as they are really eclectic items for a focused collector.

I agree that the items are unique but the old law of supply and demand rears it head once again. The items may have brought higher prices if they had been sold in separate auctions. Overall I think all the prices were good and am really looking forward to the next Goldin Auction!!!

Always buying 49er game worn items and paying a finders fee.
Paul
garciajones@yahoo.com

I was interested in the practice jersey but was quickly priced out of it. The other items were very.... unique. Kind of weird things to have in your collection. I also didn't really like how they were all signed - the size, placement and wording detracted from the appeal to me.

[solarlottry]

Re: Resale Values of Certified GU Items Have Officially Collapsed

I'll tell ya though, what really surprised me about the last Goldin Auction was how little the one-of-a-kind Montana items sold for -- and they came directly from Joe himself. His flak jackets selling for only $619 and $550? His knee brace for only $552? Maybe most collectors don't care about the oddball stuff, and maybe these things don't display well... Personally, I think these items are unique and the flak jackets in particular were way undervalued.

I thought that the prices for the Montana items were quite good. I won the KC Montana practice shirt which was over 1300$, which I consider a great price for a practice shirt (a Chiefs one at that!). The flak jackets and knee brace all selling for around 600$ seems about right to me as they are really eclectic items for a focused collector.

I agree that the items are unique but the old law of supply and demand rears it head once again. The items may have brought higher prices if they had been sold in separate auctions. Overall I think all the prices were good and am really looking forward to the next Goldin Auction!!!

Always buying 49er game worn items and paying a finders fee.
Paul
garciajones@yahoo.com

[commando]

Re: Resale Values of Certified GU Items Have Officially Collapsed

Paul457-I have to disagree on your assessment of Montana prices. What are basing your assessment on? The last authentic Montana shirt to sell with legitimate documentation was his KC Chiefs shirt worn vs Steve Young in 1994. It sold for over 15K without the buyers premium.

I'll tell ya though, what really surprised me about the last Goldin Auction was how little the one-of-a-kind Montana items sold for -- and they came directly from Joe himself. His flak jackets selling for only $619 and $550? His knee brace for only $552? Maybe most collectors don't care about the oddball stuff, and maybe these things don't display well... Personally, I think these items are unique and the flak jackets in particular were way undervalued.

[solarlottry]

Re: Resale Values of Certified GU Items Have Officially Collapsed

IMHO, buying the new and hot items of the day, whatever they may be, will rarely result in more dollars down the road. You have to collect what you like, vs. being concerned about future value. GU stuff is getting a lot of attention lately, so this stuff is only going to become more plentiful.

Interest (in everything) just fades over the years - look at Joe Montana goods 20 years ago vs today, and compare against values 10 years from now. Sure there are some exeptional items of his that may command more than they did 20 years ago, but that's the exception, not the rule. Now it's Tom Brady - that GU Brady jersey that sold for $40k a couple of years ago? Good luck selling that jersey and getting 1/4 of that in 20 years.

I buy stuff I enjoy, with the assumption that I'm going to take a bath if I ever sell any of it.

Paul457-I have to disagree on your assessment of Montana prices. What are basing your assessment on? The last authentic Montana shirt to sell with legitimate documentation was his KC Chiefs shirt worn vs Steve Young in 1994. It sold for over 15K without the buyers premium.

Prior to that sale I cannot remember that last time a legit Montana 49er or KC game worn jersey was sold publicly. Sure many have sold via the various auctions houses but I have not been comfortable with purchasing a single one.

I am sure that there has been a handful of private sales of perfectly legit Montana shirts with team letters but when was the last time you saw on for sale anywhere?

I currently own 4 Joe Montana 49er game worn jerseys, all with team letters and photo matches. I paid around 15K for each of them except for one which was considerably cheaper. The cheaper jersey was the exception not the rule though.

I have been collecting 49er game worn jerseys since the early 90s and think that Montana items are harder to find now than 20 years ago. In 1988-1993 the team sold Montana shirts on a regular basis and now 99% are locked up in collections and rarely change hands. Prices were much lower in the early 90s but rose to almost 20K per jersey some years after that. Prices may have come down some over the last few years but not all that much.

Montana shirts will always command a premium as there are so few of his early jerseys available (1979-1984), a handful of his mid 80s shirts around and maybe 30 of his 1988-1990 gamers out there.

Compared to Brady it is a no-brainer as to which jersey is more valuable-MONTANA. He won 4 SBs and had an 18-1 season in 1984 and won the game that counted by demolishing a Dolphins team led by Marino. The 49ers lost one game vs the Steelers by three points, on a bad call and a missed field goal otherwise would have had a perfect season.

Brady is obviously a HOF player and his jerseys will always command a premium. Both players shirts should maintain their value although as the Patriots release more and more Brady gamers, prices may go down.

Always buying 49er game worn items and paying a finders fee.
Paul
garciajones@yahoo.com

[spartanservitto]

Re: Resale Values of Certified GU Items Have Officially Collapsed

Albert Pujols gamers are the prime example .... 4-6k at one point , now you can get one from 1500-2000, and that's signed and inscribed.

-Tony

[paul457]

Re: Resale Values of Certified GU Items Have Officially Collapsed

IMHO, buying the new and hot items of the day, whatever they may be, will rarely result in more dollars down the road. You have to collect what you like, vs. being concerned about future value. GU stuff is getting a lot of attention lately, so this stuff is only going to become more plentiful.

Interest (in everything) just fades over the years - look at Joe Montana goods 20 years ago vs today, and compare against values 10 years from now. Sure there are some exeptional items of his that may command more than they did 20 years ago, but that's the exception, not the rule. Now it's Tom Brady - that GU Brady jersey that sold for $40k a couple of years ago? Good luck selling that jersey and getting 1/4 of that in 20 years.

I buy stuff I enjoy, with the assumption that I'm going to take a bath if I ever sell any of it.

[ctguy212003]

Re: Resale Values of Certified GU Items Have Officially Collapsed

I don't see how you could be an 'investor' in this industry... they are already very expensive and not that many people are fully aware of them.

That said, I'm trying to sell a couple of pieces that I don't neeeeed to try to pay for some bills, and I'm struggling to get anything anywhere near what I want. The best offer I had was about $650, and he's not even interested anymore, yet it cost me almost $1k!

Email me and let me know what you got. I may be interested

Ctguy212003@yahoo.com

[beaglegypsy003]

Re: Resale Values of Certified GU Items Have Officially Collapsed

As of now, my intent is to leave my collection to the University of Hawaii if they would have it. There are prominent UH players as far as their college careers go. If only they could have some kind of display area to exhibit the jerseys. Maybe only wishful thinking.

[hairyangryfella]

Re: Resale Values of Certified GU Items Have Officially Collapsed

The question everyone needs to ask themselves is "Am I a collector or an investor?" Personally I am a collector and I love the fact that currently I am able to "get more for less". If you are an investor on the other hand..... I can see why you would be concerned.

I don't see how you could be an 'investor' in this industry... they are already very expensive and not that many people are fully aware of them.

That said, I'm trying to sell a couple of pieces that I don't neeeeed to try to pay for some bills, and I'm struggling to get anything anywhere near what I want. The best offer I had was about $650, and he's not even interested anymore, yet it cost me almost $1k!

[sportsnbikes]

Re: Resale Values of Certified GU Items Have Officially Collapsed

I think everything is oversaturated for the most part...especially cards and autographs.

At Royals Fanfest they were practically giving away jerseys and bats. There aren't a ton of stars that play for them but if you wanted some game used items cheap that's where you wanted to be.

How do you all feel about a Jeter gamer? It's a bat that is still high in price but there are so many out there. It's still high in price because of the large demand. I would think that when he retires, the prices would go up some. The problem I have with a Jeter gamer is that it seems as though he uses the bat for a very short time then turns it over to Steiner to sell. Most of the ones I have seen have very little use to them. The sellers who have the heavily used Jeter gamer want an arm and a leg.

[Preston]

Re: Resale Values of Certified GU Items Have Officially Collapsed

I'm a collector (thank God because if I were to be an investor I'd be dumb to be doing it w/ Titans gear vs. being a high-roller and bidding on that awesome Nitchske gamer on auction right now or deceased hall of famers game used stuff) and have noticed a lot of stuff has hit a decline on pricing, but there's a few teams that seem to have held value because their stuff is so difficult to get (Steelers, Bears, Broncos - via Panini but they aren't cheap, Packers, Patriots). Thankfully my Titans stuff isn't too expensive across the board (Eddie and Steve are of course) but for the most part I've paid pretty fairly for most everything I've acquired.

[coxfan]

Re: Resale Values of Certified GU Items Have Officially Collapsed

Even those of us (like me) who are solely collectors must think like investors where our future heirs are concerned. As discussed in other threads, we need to be sure our heirs know how to get best resale value for our collection after we're gone. That includes keeping some notes about the special or historical significance of any item, as these details are often forgotten when items change ownership.

[ousooner_85]

Re: Resale Values of Certified GU Items Have Officially Collapsed

The question everyone needs to ask themselves is "Am I a collector or an investor?" Personally I am a collector and I love the fact that currently I am able to "get more for less". If you are an investor on the other hand..... I can see why you would be concerned.

Well said my friend. As a collector, I'm more than happy to purchase jerseys at a discounted rate.

[buckeyegamers]

Re: Resale Values of Certified GU Items Have Officially Collapsed

The question everyone needs to ask themselves is "Am I a collector or an investor?" Personally I am a collector and I love the fact that currently I am able to "get more for less". If you are an investor on the other hand..... I can see why you would be concerned.

[slab0meat]

Re: Resale Values of Certified GU Items Have Officially Collapsed

This is a reason I collect/buy what I enjoy. Even when the price I pay is low, I would say my collection except for one or two pieces would be considered commons. As such I would never see a profit if I chose to resell anything. Still I really enjoy my collection for what it is.

Pretty much my situation as well. Other than Yankees jerseys (talking baseball only here), I collect styles of jerseys I like and am happy if it's a cheap common player. I have no plans to resell anything, though you never know what might happen. I certainly would NOT be making any profit if I sold off what I have. I collect what I like and want to keep, hopefully long enough to pass them along to the kids.