I have a Derek Jeter autographed baseball. How much is it worth? We hear this question all the time. Everybody wants to know how much money they can get for their sports memorabilia. Unfortunately, it’s not that simple to determine.
The short answer is, and the answer that many sports memorabilia dealers tell their customers, is that your sports memorabilia is worth what someone is willing to pay you for it! Although this answer is simple enough, there is a way to determine the value of an item. It may not be what we can sell the item for, but we certainly can find out what similar items have sold for.
Let’s take the Derek Jeter autograph baseball as an example. We are at Yankee Stadium and Jeter is signing autographs on the rail before the game. We toss him a ball, and low and behold, he signs it. It’s our lucky day! We happened to be in the right place at the right time. We now own Derek Jeter autograph baseball.
What’s it worth?
When we get home from the game, the first thing we do is check the internet to see if we can find a value for our new prized possession. We go to our favorite search engine, type in “Derek Jeter autograph baseball” and, needless to say, we get the phone book. There are literally thousands of sites that have this.