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 Tuesday, June 05, 2007
SportsFest – Only Three Days Away
Posted by Chris

tv.jpgThe last card show I attended was the 2006 National in Anaheim. I think I was there for only one day, so I really didn’t get my fill. I am a memorabilia junkie. Going to card shows is one of my favorite parts of this job.
Where else can you see all those great cards and pieces of memorabilia under the same roof?
All the big-time dealers will be in attendance at this year’s SportsFest. I have been to almost every SportsFest since its origin and I am excited to check out its new location in Schaumburg, Illinois.

*********************

Now something really off-topic… I finally am going to join the 21st Century and buy an LCD flat-screen TV.
For those of you who don’t know, Krause Publications is in a very small town in Wisconsin and there isn’t a whole lot to do during the weekdays. That said, I spend more time than I should watching television. May as well do it in style.
In the next few weeks I will be making the purchase. If anyone has any flat-screen TV advice, please let me know. One of my friends told me that LCD is much better than Plasma. Does anyone have any thoughts on this? I can’t wait to watch NFL football on a nice tv!




6/5/2007 5:27:53 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [0]
 Monday, June 04, 2007
Auction Houses and Authenticators – Make sure YOU also do your Homework
Posted by Chris

For the past few years, various publications, online news outlets and Internet message boards have been talking about game-worn jersey and autograph authenticators and their roles within an auction house operation.

Much of this coverage has become very heated and sometimes even controversial.
It’s understandable. Hundreds and sometimes thousands of dollars are at stake and anyone that has, or feels they have a potential of getting burnt when spending their hard-earned money will feel very strongly on this subject.

Now my take on all of this: There was a time when auction houses didn’t even use authenticators, in fact, many mom and pop auction houses that deal with family estates don’t use an authenticator and have an “All Sales are Final” policy. As a general rule, auctions are not like Wal-Mart… You usually are expected to pay for the item as an “as-is” type situation. At least that’s how it used to be.

Many of the people who own auction houses may have some knowledge in the area of sports memorabilia that they are selling, but very few can be classified as “experts.” That is why third-party authenticators are brought in to go through the auction items and offer their opinion on each lot.

I just had the opportunity to buy a nice vintage Packers jersey that may have been game-worn. It took me about a week of phone calls and my own research to determine that it was not a gamer.
A week!

Many auctions hire authenticators for only a couple days and they are expected to go through hundreds of pieces.

In my opinion, there is no way that this can be done in this amount of time without making any mistakes.
Also, keep in mind... authenticators DO reject many jerseys that were consigned for a particular auction. I remember Lou Lampson rejecting over 50 jerseys for one American Memorabilia sale, when I still worked there. There was never any intent to deceive a customer into buying a jersey that we didn't think was game-worn.

Now, I know some of you will say that the authenticators should be brought in for a longer period of time… That sounds like a good idea, in theory, but it isn’t that realistic. First of all, that costs much more money for the auction house and second of all, there are deadlines to get the catalogs prepared.

That said, this time constraint should not let the auction house off the hook if a mistake is made. “All sales final” policy or not, if a mistake is made on a jersey and it is called to the auction houses’ attention, in my opinion the business should stand behind its item.

That can also sometimes be tough though. Many times a consignor is already paid when a problem surfaces and as a result that money can not be gotten back easily. Maybe have a 10-day return policy or something.

Anyway, that’s my take… I asked Troy Kinunen of MEARS to chime in on this topic and here is what he provided me:

For his blog, Gavel Chat, Chris Nerat asked me to give my views on how
authenticators are treated on various message boards. With my
association with MEARS as a person who gives opinions, I know what it is
like to be on the receiving end of message board created criticism.

As an organization, MEARS always separated the sometimes-personal natures of the criticism and examined what the core of the issues was. In the early
years of the internet, topics such as undisclosed conflict of interest,
proper attribution of authenticator to work, creation of terms and
definitions, and responsibility of authenticator to their opinions were
often the topic of debate.

Therefore, the message boards served as a voice to our organization where
concerns were stated and for which current policies were shaped and
in-acted. To date, in response to hobby concerns, MEARS was the first
authentication company to voluntarily disclose which lots members of our
company owned when consigning to various auction houses. Both Dave Bushing
and myself volunteered to have our names listed in the auction house
descriptions and Rob Lifson of REA was the first to incorporate the
practice. When we were not listed in the actual lot description, the lots
were identified on the MEARS homepage, and were in an area that was open to
any interested parties. This change was the result of concerns voiced on
various internet forums.

We have expanded on the policy and with the launch of the MEARS For Sale
site, at the top of each description the owner of the item is identified.

The topic of responsibility of an authenticator to their opinions is the most often voiced concern for collectors. MEARS takes this responsibility
seriously. I am quite aware of the amount of work it takes to get an authentication of an item correct.
For the year 2007, MEARS was only contracted with Mastro Auctions and REA. The contract called for us to look at all game worn/used items submitted to those houses. With our long-standing policy, a grade is assigned to each and every bat and jersey we offer opinions on. This included both favorable opinions and items deemed unable to authenticate.
Over a 50-week calendar year, we schedule a minimum of 56 hours per week to authentication per those two auction contracts alone. It typically takes 6 weeks per Mastro Auction and about 46 weeks for REA. The rest of our staff handles photography, letter production, data entry, website maintenance, reference material archiving, and retail submissions.
We have mandated for our auction house contracts that all our grades, which sometimes are low and not favorable, are printed in the lot description of their catalogs.
Another policy invoked by MEARS to address the concerns of accountability to collectors is our practice of writing letters on 100% of the items that we inspect. This means even the bats and jerseys that we reject. Those are
titled as "unable to authenticate."
Those items are hologramed, photographed, a worksheet is completed, and the opinion is archived in both the LOO and trade index portion of our website, which is available for members. The member's section is part of our $40.00 subscription fee, but the fee charged is used to offset the labor fees of producing the LOO‚s and maintaining them on our website.

Chat rooms and forums will continue to facilitate discussions with respect
to the opinions offered by authenticators. This is a good thing, as each
group of authenticators will continue to be responsible for the opinions
offered. Criticism will still be given when collectors feel a wrong opinion
has been given. But, what I have noticed, is there is nowhere near as much
credit given when somebody does a good job. Take a moment to thank an auction house that does do things right. I can't speak for non-contract
holders, but when we are contracted to for a calendar year to offer
opinions, the cost is substantial to the auction house. By hiring MEARS,
profits have been lessened, as contract holders are willing to pay for the
services provided by our company.
Chat rooms are here to stay, so lets continue to use them in a manner that enlightens the collectors and creates continued excellence from the
authenticators whom understand their responsibilities.

Sincerely,


Troy R. Kinunen
MEARS


Hopefully my opinions and what Troy touched on will spark some discussion. You can post your comments to this blog or email me at chris.nerat@fwpubs.com



6/4/2007 5:05:15 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [1]
 Friday, June 01, 2007
Mastro catalog arrives today with a great DVD
Posted by Chris

mastro-logo.jpg
I am still putting together my blog dealing with the way authenticators are treated, so I will hold off on writing it for a few more days.

Today I want to focus on the Mastro catalog that I received in the mail today. It came poly-bagged and included a magazine put out by SGC, and to my surprise, a DVD about The Lionel Carter Collection.

If you haven’t heard yet, Carter is a true baseball card pioneer and this year he decided to sell his collection through Mastro Auctions.

I just finished watching the video and I must say that I am very impressed. The 30-minute DVD was one of the most informative programs covering the hobby that I have ever seen.

The video includes interviews from Bill Mastro, Doug Allen, Lionel Carter and others.

The great thing about the program is that you get to see Doug and Lionel going through the collection. Video allows the viewer to experience much more than a photograph could provide.
I think in the future you will see many more auction houses utilizing more video, at least I hope so. I would have paid money for this DVD and it actually came free with Mastro’s catalog.




6/1/2007 5:14:02 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [0]
Response to Ned
Posted by Chris

I was going to write this in the comment field, but I wanted to make sure everyone sees this as it is covering what I will be writing about in the near future. Ned's question:
It's a tough spot to be in. On one hand, the auction house is paying you to "pass" as much as possible so they can have your stamp of approval along with the item. On the other, if you reject too many bad things, you're out of a gig with them. I know for a fact that authenticators have to plow through tons of stuff in a short amount of time and mistakes are made. Things are passed that shouldn't be. It all comes down to the almighty $dollar$. Unless you really know your stuff and know what you're getting, be extremely careful. Having a LOA is good for resale, but it doesn't always mean you're getting what you think you're getting.

Your thoughts Chris?

Ned
Milwaukee, WI


My response:

Ned,
You're right. It is a tough place to be in... Anyone who thinks authenticators are not ever wrong, or shouldn't ever be wrong, are kidding themselves.

I will go more into this topic next week (I was going to write about it today, but that has changed), but what I will say is it can take up to a week or even more to authenticate some items efficiently.

Auction houses are under a tight deadline to get a catalog produced and this usually means they have an authenticator come in for a few days to look at every item in a particular auction.

The authenticator uses the time he has and gives his best opinion. That is what the auction houses pay for.

What people tend to forget is the amount of jerseys and autographs that authenticators kick out of an auction. I worked at American Memorabilia for two years and worked very closely with Lou Lampson. Believe me, Lou isn't there flipping a coin. He is checking each jersey out as good as he possibly can in the time that he has. I have seen Lou kick out 50-100 bad jerseys in one auction. That is thousands of dollars that the auction house won't make, because they are not allowed in the auction.

If the auction owners were paying the authenticators to slip in bad items, that would be one thing, but that is not how it is.

In my entire time at AMI, I never saw a backdoor deal to get a bad item in an auction. Not once. That sort of thing wouldn't ever be tolerated. The owner, Victor Moreno, was very concerned about only allowing good jerseys with good use in his auction.

Thanks for the question Ned. Next time please enter your email address in the proper field.

chris



6/1/2007 3:02:25 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [3]
 Thursday, May 31, 2007
Are authenticators treated unfairly?
Posted by Chris

robbreport.jpgCheck out this article written about the authentication company MEARS, which was featured in Robb Report’s Luxury Portal. Any time the hobby gets mentioned in a classy magazine such as this, I feel it is important for us to take notice. Very interesting article.

I am compiling some information for tomorrow’s blog entry where I will talk about authenticators and why I believe they are treated unfairly.

Over the last couple years almost all authenticators have taken a beating on various message boards and in other publications, most notably in the New York Daily News.

Check out what I write tomorrow and see if you agree.




5/31/2007 5:17:33 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [2]
 Wednesday, May 30, 2007
Nodder Mania
Posted by Chris

steeler head.JPGI think we should all take time out for a moment of silence for my friends, Steeler nodder and Roger Maris nodder. Each have served their time in the world of the collector and now have made it on to the eBay cemetary.

Today I would like to briefly cover the wonderful world of vintage nodders. These little guys are some of the coolest items a person can collect and they can come at a hefty price tag depending on how rare they are and what condition they are in.

There are a couple businesses that specialize in nodders and probably the largest company in this field is Inside the Park Collectibles. Make sure to check out their site if you're interested in nodders.

Touchdown Treasures also carries many nodders, and other statues that deserve a look.

Like any highly-desirable item, nodders attract crooked people trying to pawn their items off as original. Many of the nodders being sold on eBay are either restored or simply not real.

noddermaris.JPGBe very careful when purchasing nodders online. Ask the sellers lots of questions and DO YOUR RESEARCH. Also, I am not considered a nodder expert, but I could probably help if you have any questions. Feel free to drop me a line at any time.


5/30/2007 5:28:05 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [0]
 Tuesday, May 29, 2007
My "opinion" on PSA's Quick Opinion
Posted by Chris

SOSA FAKE BB.jpgI am one of those people who would rather be safe than sorry. I know that just because an item is authenticated it doesn’t necessarily mean it is real, however, a COA does two things.
– It helps maximize an item’s selling potential.
–    Even if I don’t sell the item, I can feel that I took the necessary steps in order to ensure my item is authentic and that it is more than likely legitimate.

Heck, nobody wants a fake signature hanging on his or her wall.

There are some problems with getting an item authenticated.
–    Sometimes it can be pricey. Potentially hundreds of dollars just for someone’s opinion can be a lot to handle for some people.

–    Like I said above, a COA doesn’t necessarily guarantee ANYTHING. It basically gives an educated opinion, but in no way is it a 100 percent claim. Paying possibly hundreds of dollars for an opinion that isn’t always going to be correct can also be a lot for some people to handle.
************************************************************************************

quickopinion.jpg

**********************************************************************************
The reason I am even bringing all this up is because I would like to give you MY “opinion” on PSA/DNA’s Quick Opinion service.

PSA’s Quick Opinion is just that… A quick and affordable opinion. To my knowledge it only works with an eBay auction. It enables you to ask the autograph experts at PSA what their opinions are about an item that you are thinking about potentially purchasing from eBay.

The service costs a mere $7.49 and I have had nothing but successes when using it.

They don’t say, “Yes, the signature is authentic,” or “no, looks bad.” They use more vague terms like “Likely genuine” or “Likely not genuine.”

I once used the Quick Opinion to buy an Al Davis signed mini helmet. PSA said it was likely genuine, so I pulled the trigger and got it for under $200.

I printed the email, which said “Likely genuine” and I will send it with my helmet when I attempt to get a full letter of authentication. I assume they will pass it and I will have a heck of a nice item.

Has anyone else used his service? If so, please share your experiences.




5/29/2007 5:18:32 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [1]
 Friday, May 25, 2007
20-cent listing day on eBay – Better brace yourselves
Posted by Chris

arod20cent.jpgFrom time to time our buddies at eBay like to give back to the online community with a little promotion called 20-cent listing day (Vintage Baseball Card Forum Chat about this). You might ask yourself “Isn’t it called 10-cent listing day?” well it was until they recently doubled the price.

Still a good deal, however, and it usually brings some pretty interesting items out of the woodwork.
Let’s check out a few:

-    You can buy an original slide, with rights, of Arod Pretty cool, hey?! Even cooler at the $1-million price tag? Arod himself couldn’t even afford that… actually, yes he could.

That was an example of a seller who is just out of touch with reality. This next seller knows what he is doing, but he is taking advantage of 20-cent listing day to squeeze a little more than normal out of his item.

I don’t fault a guy like this at all. I have done it myself. He is selling a 1961 NFL Championship Game full ticket for about $500 more than I have ever seen one sell for. Can’t blame him for trying. This seller and many others like him love 20-cent listing day for this reason.

-    Check out this auction: click here
I believe that this guy is taking advantage of 20-cent listing day in a crooked manner. Put a generic title listing up there and later on modify the listing to get the sale price of 20 cents at a future. Kinda sneaky!

reversedimple.JPG-    I love this one… This guy has been trying to sell this football for about a year now. What’s commendable about this guy is he isn’t even listing it during a 20-cent listing day. Every time he tries to sell this he is dishing out at least six or seven bucks out of his pocket to sell, of all things, a “Reverse Dimple Leather Football.” Do I hear $14,000??!!!


Have a great Memorial Day weekend!!  




5/25/2007 3:56:33 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [2]
 Thursday, May 24, 2007
Used to be hot, and now are definitely not – TOP 10
Posted by Chris

Admittedly, I don’t collect cards anymore, but in the early 90s that was my passion. I knew who the hot rookies were before the mainstream media covered them, and was first in line when new packs of cards hit the shelves.
That said, a good portion of the hot cards that I was buying back in the day are not worth anywhere near what they used to be… Here is my Top 10 list of players' cards that used to be hot, and now are definitely not. To give you some perspective, I included links to current or recently closed eBay auctions for each card.
Enjoy checking out the cards that I blew all my money on! As you will see from some of my comments, I really had no clue what the heck I was doing when buying cards back then.
gregg olson.JPG
#10 – Gregg Olson - Don't know much about this guy. I think he was Rookie of the Year and a Pitcher for the Orioles. Other than that, I can't tell you anything about the guy.

blairthomas.JPG
#9 – Blair Thomas - Running back from Penn State... Went to the Jets and he was never to be heard from again.

taylor.jpg
#8 – Brien Taylor - What's better than a good looking rookie pitcher for the beloved Yanks? Definitely not the career-ending injury that put an end to all hopes of card investors everywhere.

sabo.JPG

#7 – Chris Sabo - If it wasn't for his crazy goggles, I probably wouldn't even remember this guy.


dee brown.JPG
#6 – Dee Brown - Had a bad case of Harold Mineritis... FYI – Just because someone wins the dunk contest, it doesn't mean their cards are going to hold their value.


bojackson.JPG
#5 – Bo JacksonI remember buying his 1988 Topps Football rookie for over $20, back in the day. Wow... this thing dropped quick.


jefferies.JPG
#4 – Greg JefferiesHad a solid career, but the hype in the early 90s was much bigger than how well he played.

walton.JPG
#3 –Jerome WaltonAbout 17 years ago there was no card hotter than this one, in addition to the Jim Abbott 1989 Upper Deck card. Now, you can get them for about a nickel.

jimabbot.JPG
#2 – Jim AbbottSee above




andre ware.JPG#1 – Andre WareThe Lions weren't bad at drafting only under Matt Millen. This guy was supposed to be the best thing ever, but never did anything as a pro.


percy snow.JPGHonorable Mention: Percy Snow



Bonus Honorable Mention: Wild Card, Classic Board Game Cards and Sports Flics




5/24/2007 5:30:57 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [3]
 Wednesday, May 23, 2007
Wanna send an email to the founder of Upper Deck?
Posted by Chris

Richard McWilliam1.jpgHow many times have you opened up a pack of cards and said to yourself “I wish I had some input on what is put in these packs”?

Well, with the help of Upper Deck CEO Richard McWilliam, now you can.
At a discussion at the 2007 Hawaii Trade Conference McWilliam said he would answer any email (or appoint an Upper Deck representative to answer) that offered constructive criticism about his products.
Well, he has kept his promise and created an email address for this: ceo@upperdeck.com.

In Sportsfest news, Minnesota Vikings new first-round draftpick Adrian Peterson has just been added to the show’s autograph lineup. Peterson will be signing on Sunday June 10 and will be part of an already impressive panel of guests.





5/23/2007 5:48:49 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [0]
 Tuesday, May 22, 2007
Top 10 Reasons You Should Attend Sportsfest
Posted by Chris

sportsfest.jpgOk… As you all know, Sportsfest is one of the biggest card/autograph shows of the year. Anyone on the fence about going should check out my Top 10 Reasons You Attend Sportsfest.

#10 There is a free coupon for one day of admission in the June 1 issue of SCD.
-    That’s a $10 savings right off the bat!

#9 The event is at the more modern Renaissance Schaumburg Hotel & Convention Center
-    Move over Rosemont and your eight-dollar week-old hotdogs, bring on the hip RSHC Center

#8 The new venue has FREE PARKING!
-    Nothing worse than spending almost as much money on parking as you do on your admission. You don’t have to worry about that anymore.

ud.jpg#7 Friday Fan Appreciation Day and Exclusive Upper Deck set
-    On Friday of the event all autographs are only $10
-    You will be able to obtain exclusive Upper Deck trading cards via its redemption program

montanajfb-mm.jpg#6 Joe Montana, Kareem Abdul-Jabbar, Reggie Bush and Greg Olsen
-    What more can I say about these legends and future legends?

#5 “What’s it Worth”
-    A very popular event at Sportsfest, collectors can bring in any piece of memorabilia or card to ask our panel of experts “What’s it Worth?”

abduljabbarkbk-mm.jpg#4 Schaumburg is much cooler than Rosemont, Illinois.
-    Unless you want about four choices for food choices and a couple of choices for drinks Schaumburg will impress you. One of Chicago’s nicest suburbs, with a lot going on.

#3 100s of the Nation’s biggest dealers will be in attendance
-    Card companies, authenticators, dealers, autograph guests… what more can you ask for?!

#2 Sunday is Wrestlefest and Sportsfest
-   A bunch of the best professional wrestlers in history will be in attendance signing autographs

#1 And the No. 1 reason you should attend Sportsfest is because I will be there!
- I can’t wait to meet all of you, so make sure you stop by the SCD booth.




5/22/2007 3:48:36 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [3]
 Monday, May 21, 2007
MUST READ – Aaron 755 HR ball article on Sportscollectorsdigest.com
Posted by Chris

755ball.jpgYou will rarely ever hear me tell someone that a particular article is a “must read,” however you will want to read Scott Fragale’s article on Hank Aaron’s 755th home run ball. Fragale’s article is an in-depth timeline laying out the period when Aaron hit the historic round tripper to the sale of the historic treasure.


****************

Lelands’ spring auction ended last week and the results are in… The Honus strip card went unsold because it didn’t meet the reserve. The Mantle game-used jersey did sell for 100k and the Musial shirt sold for 50k…
The boxing pieces also did quite well.

****************

dog.jpgOn a personal note, over the weekend I was visiting some friends in Milwaukee. On Saturday we decided to drive 30 miles to the Dairyland Greyhound Park in Kenosha. This was the first time I have ever bet on a dog or even a horse race.

I have to study up on dog-racing gambling strategies, as the first four out of five dogs I bet on finished in dead last. I tried analyzing the stats in the event program, watched the dogs before the race to check their demeanor, anything I could think of.

Nothing seemed to work. Then, for my last bet, I picked the dog that had the coolest name. The little guy won. Guess there isn’t much of a science to this dog-racing thing.




5/21/2007 5:38:04 PM (Eastern Daylight Time, UTC-04:00)  #  Comments [1]