Sports Illustrated Blog #93 – Raw SI Issue Sales Shattering Records

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

Recently, a raw third cover, Magic Johnson, which I estimate the grade to be CGC 6-7, sold on eBay for $887.  As you know, I am the biggest proponent of vintage, high grade, SI values, but this one even impressed me.  And it’s not an anomaly because two bidders were in that range.

Folks, this hobby is on a rocket ship flight.  Even now, there are many, many, value buys out there.  What you thought was impossible, has become the routine.  But with these bold statements come with a caveat – all good things come to an end and collectables are very susceptible to that axiom so be cautious in your investments.

The rapidly escalating prices of SI raw mags is a solid indicator of the market’s view of the rarity/scarcity of high grade, vintage SI, SPORT, SLAM and other major pubs current availability.  With cards, rare could mean 1000’s.  In mags it could easily mean one!

At this point in the SI graded mag evolution, I’d say “be careful”.    I think, with the escalating prices we’ve seen in SI, my opinion is to look in the obvious next progression of the hobby – SPORT, BASEBALL, RING, SLAM, GOAL, and others for the real values ahead of the curve.  Sports Illustrated is still King but the King is not cheap, however I have a saying – “Cadillacs are not affected by recession.”

If you plan on entering the hobby for fun or investment, know that if you’re looking to score a CGC 9.8, you’re not operating in a vacuum and your purchase price will, more than likely, be commensurate with market values.  But today’s prices, for the most part, still seem to be a bargain when compared with future estimates. 

The landscape is evolving.  Be careful on the extent of your participation but intuitive investors will still find gold, and lots of it.

Best of luck.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #92 – CGC Quality Issues

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

This blog has never been about negative issues and I’m not about to start now.  This is not a complaint but more of a gentle reminder that we, customers of CGC, are experiencing a higher rate than normal regarding damaged CGC shipments. 

For the past two years, CGC has been, in my opinion, overwhelmed with new business and has become so prosperous that they may have slipped into a trance of complacency.  Specifically, their shipping quality control seems to have been left unchecked.

In support for this supposition, my last three submissions have been received with cracked cases.  I watched a SI video on line where the guy was opening a box of graded SI’s and 5 of them had cracked cases.  These are not just random guys.  They are two of the biggest dealers in graded magazines in the hobby.  I have always been a stat guy so I’m surmising that there are bunch of other disappointed customers with the same issues.

The biggest downside to damaged shipments is that if you originally paid for walk thru service, you will lose your priority status upon re-submission and be placed at the end the of re-holder line – two to four months.

If you are experiencing quality issues with CGC shipping, I am suggesting with each case, you let them know you’re not happy about it.  Perhaps if enough customers voice their displeasure, CGC will review their processes and implement some very simple changes to improve their quality performance.

Best of luck.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #91 – Brady’s Back!

Sports Illustrated Blog #91 – Brady’s Back!

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

Yes, Brady’s Back!  A race between the Energizer Bunny and Brady – who wins?  I wonder if Brady’s back will be on the cover of the next SI.

Why is it important?  Every update, every breaking story, every tidbit in our collector/memorabilia business, is relevant.  With few exceptions, notably the $500,000 football you’ve heard tell about, Brady back in the headlines is great for the hobby and great for Brady memorabilia holders.

More touchdowns, more yards, more wins, the possibility of another Super Bowl – it couldn’t be more fascinating.  Pricing on Brady magazines has been based on what we knew – the numbers were final and in the books.  That’s all changed.  Now, Brady is another year on the front page.  Whatever his value was, it just got a spike. 

For all you Brady holders, the fairy tale lives on.  What happens if he has another MVP year?  Super Bowl?  Smart betters have quit doubting Brady.  In my opinion, if that happens, Brady will have to be included in any goat debate naming Jordan/Mantle/Gretzky/Clay and his collector value will move from the super bargain to six or seven figures.  Considering Brady mags are much newer, that’s a big ask – watch and see.

Don’t be on the outside looking in.  It’s a great time to be a buyer.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #90 – Congratulations! 

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

Congratulations to the new owner of the Sports Illustrated Wayne Gretzky, FC, 1981, CGC 9.4, – $30,000 – a new record!  And also congratulations to our hobby.  This was a meaningful auction because it moved the needle a little closer to spotlighting the true value of these pieces of art.

Over the years, I’ve been writing about the investment value of Newsstand SI’s and how we were on the “front” edge of the hobby.  I still believe that’s true but with bid records falling monthly now, we’re certainly moving into a better understanding of the cosmetics, hobby interest and scarcity SI’s (graded or ungraded) have to offer.  SI is truly a magnificent publication.

So what is next?  Heritage now has a Brady SI 2002 First Cover, CGC 9.8, None Higher, “Amazing” up for auction as well as The SI First Issue CGC 9.8, None Higher.  Results of these auctions will give us even more insight into where we are on the hobby maturity scale – will investors continue to scoop up these unbelievable bargains at fire sale prices?

Readers should remember that I am a total believer magazine prices today are still significantly undervalued (as witnessed by the Gretzky sale). When we look back one year from now, these high grade, super star covers will have increased in price many times over, if you will be able to buy them at all. 

There is another movement in the hobby that is not so quietly making its presence known – high grade, vintage, raw SI’s.  Raw SI’s which routinely sold for $25 – $50 just six months ago, may now cost you $500 or $1000 or even $2000 today.  In my opinion, that evolution is caused by more buyers competing over the same hobby inventory with the intention of grading their own.  As a result, the graded magazine inventory is growing to the point where it has unleashed a pent up participation interest as it makes finding covers of interest increasingly possible to find.  That attracts new collectors, passive hobbyists, and new investors – all part of the massive growth of the hobby.

Growth is good.  Growth leads to higher buy and sell prices.

I’m buying at today’s prices because I believe tomorrow’s sell prices will justify that decision.

Things are really moving. I love it.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #89 – Values, Opportunities 

Sports Illustrated Blog #89 – Values, Opportunities 


Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.



We’re about to witness our first public offering of a high grade, highly coveted, super star Sports Illustrated magazine.  Heritage Auction has listed a 1981 Wayne Gretzky, CGC 9.4, first cover that will gavel in about three weeks. 

One development that has held the lid on even greater profit taking in our hobby is the reluctance of impact collectors to actually offer their highest valued stuff in public auction.  I’ve blogged about it several times previously so I won’t bother detailing their reasons here.

Of the many super star 9.8 and 9.6 issues I’ve sold – Gretzky, Musial, Mays, Williams, Clay, Robinson, to name a few, all are still with their original owners.  This Gretzky represents the first, five figure issue of its type to hit public auction, albeit a modest 9.4. 

Fact – our hobby has a few pioneers – those individuals that saw the value early on and have been buying the best of the best for the past five years.  For example, as part of my start-up operation, I sold a CGC 9.8 Gretzky four years ago for $8000.  At the time, it was somewhat of a buyer’s risk – but it’s easily worth ten times that amount today.   And these few pioneers are happy to keep gobbling up the most premium stuff at Super, and I emphasize Super, discounted prices that have lagged so far behind their actual and/or projected value, it’s just an investor’s bonanza.

Because they are the only game in town for now, they have self-imposed limits, suppressing the really big advances – a monopoly of sorts.  This Gretzky auction may bring out the first “no limit” buyers – buyers that will change the landscape as we now know it.  When that happens, across the board pricing will increase not incrementally, but hundreds and hundreds of percentage points at a time. 

In just three to four years, the value increases we’ve seen on these high grade, iconic issues, kind of makes you wonder when auction numbers will begin to actually reflect where the market is headed and not where it is.  Maybe Gretzky will be the first.  

I predict this Gretzky will surpass the ALL IN total of $15,000, a number I consider the ice breaker signaling the beginning of a movement that will quickly gather growing momentum.

If you can believe my value scale below – if a 1983 CGC 9.8 Jordan cover were to hit the market today (value uncertainty keeps this from happening), you would quickly understand why owners are not selling.  The top line is what I project the value for a one of a kind, significant demand superstar cover.  The rest would follow based on the top number. 

1983 Sports Illustrated Michael Jordan, FC, CGC 9.8
Believe or Not…  I’m always inviting someone to prove me wrong.
9.8 – $1MM
9.6 – $500M
9.4 – $100M
9.2 – $50M
9.0 – $25M

Is this crazy or what?  And guess what? – there are several other mag publications just waiting their turn for the same type of value increases.

What an awesome time to be on the leading edge of such a great opportunity.
Best of Luck.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit www.sportsillustrated98.com

Sports Illustrated Blog #87 – Graded Mags Expand Sales and Sellers

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

With the Whales on the sidelines, our hobby, graded Sports Illustrated and SPORT magazines, is expanding in number of sellers and public auction sales.  For years the Whales have been complaining about not enough inventory, not enough sellers, not enough competition……

Complain no longer.  New sales of graded mags are routinely in the 5 figures.  Check the list of bona fide sellers of graded mags currently listing on eBay.   You’ll find 30 to 50 sellers with hot, high grade mags, each one topping the other for supreme grade.  You’ll find this month’s sold list of five figure sales topping 20 units with 100’s topping the millennium mark. 

This is all happening while the Whales sit on the sidelines absolutely refusing to sell anything in their inventory.  Here’s why – they know that we have only scratched the surface with realized sell values of graded mags.

The Whales know that 100’s of graded issues are still waaaaaay undervalued.

In my opinion, it is an extremely good sign that the Whales are not selling.  They’re betting on the future of our hobby.  Look at what’s happening – graded mags sales are hot, newsstand copies sales are hot, guys are now making informational videos, new graded sellers entering hundreds/thousands of entries into the hobby every month …. 

No more Whale complaints. 

For years, I have been predicting this movement. I hope you have stocked your collection because you are about to take a serious upgrade in value. 

I am also advising to keep buying!

We are nowhere near the top of the mountain.  My opinion and advice is to keep buying until we see the Whales start selling their best stuff.  I will keep you appraised of that and my guess is, we are a long ways away from that happening.

What an awesome time to be on the leading edge of such a great opportunity.

Best of Luck.

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT magazines.

For a complete review of previous blogs, please visit 
www.sportsillustrated98.com

Sports Illustrated Blog #85 – Fine Condition Vintage Newsstand SI Values Reflect Scarcity.

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

Vintage SI’s from the 50’s, 60’s, 70’s and 80’s are realizing much higher point of sale values without being graded.  There are several reasons for this market shift in the hobby.

  1. They’re scarce – much scarcer than the hobby realizes.
  2. They’re very expensive to grade and the time allotted for grading is prohibitive in a changing hobby.
  3. They’re esthetic.  They’re beautiful.  Not only the first cover stars but even the commons tell a story that needs to be re-told.

Add this up and you have a recipe for increasing customer demand – just try to tell a collector he can’t have something.  That’s where these vintage newsstand issues stand right now.  They’re hard to find.  Of course, we have seen the super star ungraded covers routinely sell well into the four figures and second tier/commons have followed right along.

Although I have seen a few graded subscription copies sold, for the most part, these issues have no increasing values.

My opinion here is that this is a not a trend, but a movement, that will continue as long as hobbyists continue to have few other reasonable options.  I also predict that high quality newsstand issues from this era will end up having retail values 2 to 3 times higher than anyone else in the market is currently predicting.

So the message is clear, vintage newsstands are a bargain.  Watch and see. 

I’d also like to update my readership on my revolutionary “never will be beat” designation.  I have now labeled over 100 graded items “never to be beat”.  Still batting 1.000.  I’ll keep everyone posted as to updates. 

I hope you are enjoying the reads on the history of SI, SPORT, and TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/TIME!

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #84 – What is “No Label?”

Welcome to my Sports Illustrated/SPORT/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

For example, unless your car has no steering wheel, no tires, or no engine, you wouldn’t typically describe your item for sale by listing the things it doesn’t have.  So why are so many magazine sellers on EBay calling out what is NOT on their covers? 

When you look at the cover picture, you can clearly see it does not have a mailing label.  So why waste time and advertising space to say “no label”.   We all know the answer to this question.

It’s purely a deceptive advertising tool used to gain a higher selling price.  It is meant to trick the buyer into thinking it’s a newsstand issue, which typically will sell for 10 times the subscription issue price.  I can clearly see it has no label.  But I can’t clearly see that the label has been removed. 

“No Label” means it’s a subscription issue that has had the address label removed.

I am appealing to all magazine sellers that sell one or both, newsstand and/or subscription issues – please call out what you are actually selling. 

It’s either subscription, label removed or newsstand.

We buyers will be very appreciative of your truth in advertising and trust you more as we do business going forward. 

I hope you are enjoying the reads on the history of SI/SPORT/TIME magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with SI/SPORT/TIME!

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #81 – New Designation – “Never Will Be Beat”.

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

With the evolving, toughening grading marks offered by CGC, the only game in town, I thought there would be some interest/benefit in lending my opinion to the current grading standard.    If we are going to live and die by the current grading standard, then my readers ought to know the translation.

I have started a new grade level for our hobby.  The “Never Will Be Beat” standard grade level.  What that means is that this writer believes that the grade in question, will never be beaten, EVER.  How can I say that?  Of course, I don’t have a crystal ball and I can’t see into the future, but I am a statistics guy.  For example, of all the SI’s (or any magazine) ever graded by CGC, there has never been a 10.0 or a 9.9.  Forget it, not going to happen in the future either.  So, 9.8 is the gold standard.

It’s quite normal within sport or collectibles, that grading standards, over time, tend to become tougher and tougher as competition gets better and better.  Maybe not fair, but that’s the way it is.  It seems we always have to leave room for the next best effort.

So when collectors buy a CGC 9.4 – none higher, they want to know what the chances are that their purchase will remain “none higher” into perpetuity.  I’m going to offer the closest service to that request possible.  I’m going to offer my opinion, given all the comparables, current trends and grading standards, as to the likelihood of current “none higher” grades remaining the highest grade.

The new grade from me is “Never Will Be Beat”.  I’m going to keep track and if any mag to which I have assigned this designation is beaten, I will report it in my blog.  So far I’m batting a 1.000. 

I hope you are enjoying the reads on the history of SI, TIME, and SPORT magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/TIME!

For a complete review of previous blogs, please visit 

www.sportsillustrated98.com

Sports Illustrated Blog #80 – Are Newer SI’s collectable?

Welcome to my Sports Illustrated/TIME magazine blog – Your collector’s guide to the latest hobby updates and insight into what’s trending now.

Since this is a Sports Illustrated blog, let’s expand our coverage to the newer or current issues.  I have spent years critiquing and informing with regard to mostly Pre-1980 SI issues.  I think it’s time to give the new stuff (post 2010) some respect. 

In the last ten years, I feel SI has really had their best game on.  I’d estimate that there are no less than 20-30 star athletes that SI caught with a cover very early or even before the athlete’s prominence. Isn’t that what drives collector interest?

 And it seems that this period has been particularly rich in star talent.  Here’s a few that I like, broken down by sport.

Baseball

Ohtani, Tattis, Betts, Trout, DeGrom, Freeman, Bryant, Scherzer, Strasberg, Judge, Guerrero, Lindor, Springer

Basketball

Note:  This decade, basketball has experienced an influx of super talent rivalling the Bird, Johnson, Jordan era.  Major publication SLAM has beaten SI to the cover on several of these superstars.

Morant, Williamson, Young, Leonard, Curry, Thompson, Durant (2006), Giannis, Westbrook, Bates, Harden, Davis, Irving, Paul

Football

Herbert, Lawrence, Burrow, Barkley, MaHomes, Hopkins, Murray, Tua, Wilson, Prescott, Jackson, Watt, Mayfield, Elliott, Watson

Golf

Leonard, McElroy, Chambliss, Keopka,

Other Sports – Tennis, Hockey, Soccer, All have one or two collectable covers.

Every one of the superstar covers above has wide ranging collectability.

It’s an incredible time to be collecting and/or investing.

Many of the sell prices are very affordable.  Of course, timing is everything and some are more collectable than others depending on current events.  I am very intrigued by the newest and brightest basketball stars.  These guys are the real deal and they’re so young.  Same with baseball.  This Ohtani kid is amazing.

One of the secrets in investing is to beat the crowd and be ready when the time is right.  With regular grading lead times out a year or more, your ability to predict the right covers in advance of increased demand, will be your greatest advantage, or maybe not so much.

My opinion on the collectability of newer SI’s is, yes, they are very collectable and don’t miss out.  This stuff is fun to collect and here’s an inside tip – Justin Herbert’s newsstand, regional, first cover in high grade condition is extremely hard to find.   Very low POP’s.  There’s just very few out there.  For this reason, I believe you will see this one increase in demand and value.  There’s something to be said for athletes we can watch on a daily basis.  We like that.  And it’s fun.  Who isn’t routing for Ohtani?

And this is all coming from a pre-1980 guy.    

I hope you are enjoying the reads on the history of SI and SPORT magazines as well as an insight into relevant magazine collecting.

Great collecting to you and best fortunes with Sports Illustrated/SPORT!