Championship Rings Have a Poor Showing at Super Bowl Auction
February 7, 2018
Many salesman pattern Super Bowl rings, and a few different championship rings, did poorly at the public sale, held in Minneapolis a day earlier than the large sport. Here’s one which did OK:
As normal Hunt Auctions, the corporate that handles every NFL-sanctioned Super Bowl public sale within the host metropolis, did a superb job.
I used to be the successful bidder on the one single merchandise I needed very a lot; however for transparency, please observe the piece was not a championship ring.
So don’t suppose I’m blaming Hunt Auctions for the poor championship ring displaying. It has every little thing to do with present market circumstances (i.e. demand) than the rest.
Many of the genuine salesman pattern Super Bowl rings bought within the public sale went for beneath $2,00zero with the client’s premium connected to the ultimate value. This is wonderful, as these exact same championship rings had been promoting a decade in the past for greater than double this quantity. Adjusted for inflation, and the price of promoting a salesman pattern via an public sale home or eBay, one can see that the return on an funding of a salesman pattern ring bought 10 years in the past could be catastrophic.
The fall in salesman pattern ring costs has a lot to do with Irv Lerner – a.okay.a. “The Ring Man” who destroyed the salesperson pattern market. If you aren’t positive what I’m speaking about, use the search perform on the fitting aspect of this championship ring weblog and sort in his identify.
Meanwhile, on a constructive observe for championship ring collectors, the home-town Minnesota Vikings, participant “NFL” championship ring from Super Bowl IV bought with the client’s payment, for round $eight,225.00. Yes, that is an “NFL” championship ring, which is now known as an “NFC” championship ring because the NFL-AFL merger was within the works throughout the time this ring was made.
The NFL, and Vikings put “NFL” champions on this ring, whereas the successful staff, the Kansas City Chiefs, acquired “World Champions” on their successful Super Bowl rings.
In my opinion, the $eight,225.00 promoting value is a particularly reasonable quantity. The purchaser did OK and so did the vendor. Typically that is the present value vary for these sorts of championship rings.
Please keep in mind as all the time, I purchase championship rings. If you want to promote your championship ring in full privateness, please contact me.