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-- vice president of operations at sports memorabilia dot com joins us from Miami might -- -- Here -- Democrats it's very tough to to a pick investments these days because it's so much volatility whatever the case may be.
How has the sports memorabilia business been doing -- over the last couple months -- a couple -- -- It's been doing pretty good that in the last couple years there's there's a lot of sports players that have -- really excel hits and it's a great achievements got the World Cup.
Some big time athletes getting paid big time salaries.
These investments will will hold their value over time.
We got guys like a shower now and -- now in the World Cup yet guys like LeBron James and basketball.
There memorabilia is worth a lot had to hold value.
So it's almost like you're saying that sportsmen -- memorabilia.
Is in elastic.
There's always demanded doesn't matter how the economy's doing.
Yeah I mean if you if you look back historically and went back to and you know America was and -- world -- sports is kind of what held a lot of the country together baseball.
In they said -- baseball gone and I it is a little bit elastic yet.
Now I am personally.
Michael A Chicago down and I just got -- reading on Chicago Blackhawks.
Daily -- You know comparatively this is one of -- most watch -- not he most watch Stanley Cup.
On the record I'm wondering what the trend is there and hockey are you also seeing that same sort of pick up in sales of memorabilia for hockey.
For sure absolutely I was actually in Chicago when Blackhawks won it was great and I'm -- it -- has seen as the Blackhawks won.
There -- teams signed Blackhawk securities -- -- left and right between the week prior to that Tuesday night to.
The week after we're still selling -- signed -- countries that are going for.
Around -- thousand dollars plus three and also.
People are willing to spend on it especially the die hard fans that haven't seen the Blackhawks and plants a long time Patrick Kane in let's Colin.
Yes effort that the thing about that Michael though is this staying power I mean if you're buying it as an investment.
I you can say this in the about the World Cup the World Cup comes around every four years and people in this country get all excited about the World Cup and then after a few months it's forget about it.
You know -- Clint Dempsey sign soccer ball.
Somebody might pay a lot more of what today than anybody would on the market in three months.
Yeah it's not just necessarily think the US resident settled got to pay for -- have a worldwide market.
A lot of our business comes from overseas.
Are -- -- UK so it's not necessarily that the US is losing interest in it because I mean everybody around the world -- soccer all the time.
So it will hold do you -- cup that would having four years.
-- between the staff we -- it on the US side I would say so much for international memorabilia market.
How about pricing power I mean you might see the same demand and you might not of who lost much of that however have you had to lower prices to keep people interested.
While a lot of folks just a lot of work and struggling and a.
It's a little bit tougher with memorabilia because you have the asking price of the athlete.
So if the athlete is asking X and I can't really drop your price because you'll be either be losing money.
Or you're not going to be able to you know make profits need to stand business especially because in all world you know we're not having.
Can stand out there and -- for autographs and take -- back and salamanders are paying his athletes to sit down and facility actual contractual signings let's click.
That's all you -- what's the coolest thing you've seen recently as far as Portland to highlight how a big price tag items such an interest thing.
I personally anything game -- we have a lot of Alex Rodriguez game these items so he goes and it's a Grand Slam.
That items coming directly to one of our partners and it's on sports memorabilia dot com the next day.
See you find -- -- -- -- -- items if you don't necessarily want to pay for any regular signed picture or Verisign football and item that's using the -- used by an athlete.
Helps the the consumers feel a bit more connected to their favorite athletes.
Michael in a way you're a betting man because if you have a basketball let's say it's signed by LeBron James.
You're thinking that the value of this ball might be more -- these signs with New York.
-- if he signs that Miami -- -- you're you're you're kind of looking into the future and -- and and projecting aren't you a little bit.
Oh yeah definitely.
Investing in LeBron James -- they -- now are probably a great idea because chances are he's gonna go to bigger market.
Just simply because the money's there.
We're hoping a New York -- Chicago and when they do go to those markets demand increases a lot so he goes -- our New York market where you have a time memorabilia buyers.
His supplies -- the start decreasing and -- and he you know there.
He doesn't sign as much as it is a busy guy it's tough to get these guys to sit down and so the -- they sign lest there is that price increases.
Five hot one of A-Rod balls -- the game I can contact you and you would sell it for me.
You can contact does that help authenticated.
You have to provide us really detailed information it had done enough -- what I wanna hear about that.
-- the details other than Michael but it's a summit is -- catches one -- -- -- home eyeballs.
And she's going to be on yes after about two and a half innings I gotta keep the cameras on -- little Billy plenty of video evidence today.
He heard -- is more valuable and there's more value and it sports memorabilia.
Object if I caught it -- -- I was at that game.
I can't personality -- -- I'm not mean not to speak out against your business certain things that you do that and I don't think that's going on the website and a ball that was hit at some game and I was -- in there.
Yeah I mean if you.
I guy -- are girl who has memorabilia -- in their basement game room or whatnot.
And you're busy business person you don't have time to go around and catch balls at baseball yeah wanna go on this sports memorabilia I can't say.
You know call one of our agents that want this this -- this I want to have a great room.
And they outfitted and and that's there it kind of you know.
-- I believe at this Michael this is sort of a teaser for what caught my eye coming up an athlete runs afoul.
-- -- -- -- Our has something happened and then put you particularly in retirement.
-- can actually help sometimes does that always to the detriment of their memorabilia.
That's -- question it depends on the athlete it depends what they've achieved it depends what they've done whether they have.
Broken -- -- Whether it was a moral standard.
Take Tiger Woods for example.
His memorabilia still sells.
You're you're stuck and you get them the market that we blanking on mother's vying for their son.
Girlfriends vying for their boyfriends.
You do lose that market.
Diehard golf fans who appreciate.
Tigers play will still be buying and still -- that and I'm.
No articles say about it where that renowned -- -- that will be titled the US open we shall see how tiger and -- and he's the comeback he hit.
But for you Michael Michael who -- TVP of --
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