Sports Memorabilia Industry $2 Billion Strong

Tri Star Productions reports that the sports collectible industry is $2 billion strong with over 16 million collectors worldwide. Regarding the value of your sports items, obviously the more collectors in the market, the more your items are worth, unless of course the supply exceeds the demand which as most collectors know, this is not the case. Baseball memorabilia has always been the strongest collector category simply because the sport has been around so much longer. However, with the emergence of the NFL and the NBA, new collectors are popping up every day. As the popularity of professional sports increases, the memorabilia market will also increase. Also, studies show that people are more comfortable buying autographs now because of the ability to recognize well known companies who supply them. While there are still a lot of fakes on eBay, it is getting easier and easier to spot them.

Baby boomers are the target market for this nostalgia industry, and according to economic forecaster HS Dent, this huge population will be reaching their peak spending ages from 2005-2009. This is good news for the memorabilia industry because in any industry, when your target market is reaching their peak spending ages, a boom is inevitable.