What is the most that over paid for an item?

[suave1477]

Re: What is the most that over paid for an item?

Hi TnT, Actually I was at that show, when Strawberry saw me he gave me a big hug. He know's me for a long time so he has always been very sincere around me.
I had him sign one those Black Major League Baseballs he looked at and said he "never seen of those before" he said "This will be the first time I ever signed one of these" - so to me that was pretty cool that I got the very first autograph of his on the Black Baseballs.

I got Aguiellera, Magadan at the show and a couple of others.

As far as his website its more of a foundation site but oviously offers items you can purchase but it doesnt seem to be quite fully functional yet.

I love the picture they used for the Website but a bit dissapointed that they showed him in every uniform but the San Francisco Giants

Sorry to hear about the pic, it doesnt seem like they have a number listed

[JETEFAN]

Re: What is the most that over paid for an item?

As a Yankees fan even if I paid $1.00 over the last 20 years on any Yankees stuff I overpaid, my buddy Steiner has convinced everyone that unless I have a Steiner cert. my stuff or anybodys Yankees stuff is garbage. Guess what, they believe him. I can't get a fraction of what Steiner gets even though my stuff is just as legit or in most cases more than his!!!! Yankees Items - Steiner Cert = 0

[RobSteinmetz]

Re: What is the most that over paid for an item?

Although there is a remote possibility he'll still turn things around, I most regret paying $4000 for Mark Prior's game used glove. I keep the glove displayed in my sports room as a constant reminder of my own stupidity. The only redeemer is that I also sold several Prior game worn jerseys in the $4000-$5000 range. Ouch.

[stkmtimo]

Re: What is the most that over paid for an item?

Although there is a remote possibility he'll still turn things around, I most regret paying $4000 for Mark Prior's game used glove. I keep the glove displayed in my sports room as a constant reminder of my own stupidity. The only redeemer is that I also sold several Prior game worn jerseys in the $4000-$5000 range. Ouch.

There have been so many Mark Priors that have come and gone through the baseball world and it really is sad when you think about it. While the jury is still out on Prior's career, there's no doubt that his stuff has declined in value significantly over the past few years. If only he wasn't so injury prone.

Tim

[sandman02910]

Re: What is the most that over paid for an item?

I would have to say $4000.00 on Jonathan Papelbon's game used glove from the first half of 2006 and used at the All Star Game was a bit excessive to go along with $2500.00 for his 06 Game Used Home Jersey. As crazy as it sound I don't regret it at all. We will see what the future has in store for Mr. Papelbon. Excessive but not regretted.

Scott

[Oil Can Dan]

Re: What is the most that over paid for an item?

I dropped around $6K on a David Ortiz World Series bat not long ago. Love the bat and all but that's a little nutty. Also dropped around $4K on a supposed 1992 Pedro Martinez jersey & pants in an American Memorabilia auction. That's a little crazy too considering there's no guarantee it's legit.

[athletics61]

Re: What is the most that over paid for an item?

For me, I have to go back to the winter of 1994 when I sprung $1500 for a Charlie Hayes 1993 black alternate Rockies jersey. Beautiful jersey, but every time I see that jersey hanging in my closet I'd swear it is calling me a sucker. The black alternates are indeed hard to find, but one should be had for a fraction for what I paid.

Just something you learn from whenever you get that impulse buy feeling.

[skyking26]

Re: What is the most that over paid for an item?

We all have our stories. I think if you are a collector, somewhere you have a story like ours. I have several. Biggest one is buying a McGwire GU BP jacket in the '98 Northshore auction. Came with a letter from A's equipment guy. Paid $1200 in '98, sold it last year thru American Memorabilia for a sad $325. If the wife ever found that out I would be done... Cecil Fielder was the toast of Detroit in the early 90's. By the time he left, nobody cared. Early on I bought a gamer for $415 from John Taube. Sold it years ago for about $225.

I think after nearly 30 years of collecting I have learned you buy what you WANT, not what you think is a good investment. Investments should be held to stocks and such. Everybody knows me here as the world's largest Kingman collector. Rarely sell anything - if I did I would likely take a loss. Have a HR ball, pretty cool, but nobody cares. Find it interesting that the one guy can't sell that Thome shirt. If Jim retires with 500 HR and no HOF, that shirt won't bring that money down the road - no way. Gotta be in this cause ya like it - not for the money.

[jboosted92]

Re: What is the most that over paid for an item?

First Game used item i bought...of Patriots auciton (Ty Law game worn cleats) 500.00.... boy did I do some research after that!!!

[timotswan]

Re: What is the most that over paid for an item?

Just a thought for some, but I checked into possibly donating to charity things I have bought and lost on and do not care about with a cpa and he said you can donate to charity and can possibly recoup some of your lossses through a tax deduction. You may be able to treat your sales the same way, as a long term loss, to go with another long term gain as it maybe considered an investment. Not advice but just an idea you may want to check on with your tax advisor for the private collector.

[CollectGU]

Re: What is the most that over paid for an item?

I Also dropped around $4K on a supposed 1992 Pedro Martinez jersey & pants in an American Memorabilia auction. That's a little crazy too considering there's no guarantee it's legit.

Wow, I think that's a good deal for a rookie uniform. That will double as soon as he retires...

Regards,
Dave

[TNTtoys]

Re: What is the most that over paid for an item?

Just a thought for some, but I checked into possibly donating to charity things I have bought and lost on and do not care about with a cpa and he said you can donate to charity and can possibly recoup some of your lossses through a tax deduction. You may be able to treat your sales the same way, as a long term loss, to go with another long term gain as it maybe considered an investment. Not advice but just an idea you may want to check on with your tax advisor for the private collector.

I went with the tax deduction strategy once. There was a fund-raiser / Christmas sale at my church, and they were asking for donations to be included in the sale. I let go a handful of autographed photos with COAs; all can be referenced in price guides for higher values than I can ever expect in the 2nd market. They were very thankful and provided receipts for everything. Not major items but nevertheless, it works, and is a win-win for everyone.

[TNTtoys]

Re: What is the most that over paid for an item?

As far as his website its more of a foundation site but oviously offers items you can purchase but it doesnt seem to be quite fully functional yet.

I love the picture they used for the Website but a bit dissapointed that they showed him in every uniform but the San Francisco Giants

Sorry to hear about the pic, it doesnt seem like they have a number listed

An update regarding the Strawberry website -- The foundation contacted me today, and apologized for the mishap and offered to send a replacement. I believe I spoke to Tracy, who couldn't possibly be any nicer. The website issue was due to switching web hosting companies, and appears to be resolved today. I look forward to receiving my replacement photo and would recommend dealing with them to anyone. Just another piece of info that I may not have conveyed -- a good portion of the proceeds generated by the photo sales go back into the foundation to help autistic children.

[suave1477]

Re: What is the most that over paid for an item?

TnT Great News I am glad things worked out over all I am actually going to try contacting them I would like a photo made up of the actual Home Page picture of the site. We will see what happens.

[SSB15]

Re: What is the most that over paid for an item?

If you take a look at most of the replies, it seems that the items from the current players have a higher risk....

For example, I have a game used Sosa bat with the COA and matching Sosa sticker on the bat. If I sold it today, no one would pay me 1/2 of what I bought the bat for 3 or 4 years ago....


Scott