Sports memorabilia collections are popular for a number of reasons. Some people acquire sports memorabilia collections out of loyalty to a particular team, city or sport, while others celebrate the skill and athleticism represented by these items. For others, sports memorabilia collections are primarily a form of financial investment.
Regardless of the motive behind the collection or the value of the items, there are some simple steps that you can take to help protect your sports memorabilia collection.
Educate yourself in the area of sports memorabilia that interests you to become knowledgeable about important dates, trends, equipment and materials as well as central people and manufacturers.
Have the item authenticated and slabbed. With the increasing popularity of collecting and the proliferation of hard-to-detect fakes, this step can be very important if you choose to re sell the item at a later date.
Be wary of forged signatures and examine each piece personally prior to purchase. Research the provenance as well as the uniqueness of the object. It is also wise to research the seller and identify any professional organization affiliations or references.
Store items in a cool, dark area with moderate relative humidity. A temperature no higher than 72 degrees Fahrenheit and 40 to 50 percent relative humidity is recommended. Since light can cause discoloration, fading and warping, display objects in cases with light-protective glass.
Protect paper items using archival-quality materials such as archival tissue, un-buffered acid-free board or plastic to prevent creasing, wrinkling and soiling.
Have your sports memorabilia collection re-appraised on a regular basis to establish replacement values and update your insurance policy as needed.
Maintain thorough documentation of your sports memorabilia collection including purchase receipts, letters of authenticity, photographs and full descriptions of each item. For high-value items, you may have auction and/or provenance documentation. All collection documentation should be kept in a safe location.
One of the most important steps you can take to protect your sports memorabilia collection is to purchase insurance designed specifically to protect the full collectible value of your items.
The AXA ART Collectibles Program is administered by MiniCo Insurance Agency, LLC |
10851 N. Black Canyon Highway, Suite 200, Phoenix, AZ 85029
Program available in the United States | CA License 0H04984