Don’t Get Scammed with Sports Memorabilia: A Guide to Protecting Your Collection

Sports memorabilia is one of the largest and most popular types of collections out there. This creates a lot of opportunity for scams involving inauthentic replica items and collections being stolen or destroyed. A lot can go wrong, so as an avid collector, the best thing you can do to protect your valuable items is to know how to preserve your collection’s value.

Buyer Beware

Sports memorabilia is always at a high demand. There are constantly reprints of famous cards being produced along with fake replicas being passed off as genuine items. It even happened on the TV show Pawn Stars. Before you buy, do your research. If it sounds too good to be true, it probably is.

Research

Doing a Google search about a potential addition to your collection isn’t enough to validate its authenticity.  You can compare all you want to images online to insure the signature you’re looking at is a match; however, the best way to guarantee authenticity is to have a professional assess your item. Bring your items into a shop that specializes in sports collectibles or get them appraised by a professional.

Insure Your Collection

You can insure your collection against theft and damage with collectibles insurance. MiniCo Collectibles Insurance offers coverage up to $1 million with a $0 deductible (link). That is coverage beyond the range of standard homeowner’s or renter’s insurance policies. After all the hard work and time you’ve put into acquiring, authenticating, and maintaining your collection, the last thing you want is to have an accident  or unexpected event destroy your valuable items. Learn more about how MiniCo Collectibles Insurance can help you preserve the value of your collectibles whether they’re on display or kept tucked away.

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