Have sports collections appraised to see if they're worth $$

March 6, 2009 3:02:22 PM PST
Back in the 1950s, some kid bought these baseball pins from a bubble gum machine for a penny or a nickel. Now, they're worth up to $1500.

Dan Imler of Hunt Auctions, explains that one pin, featuring Mickey Mantle, is likely worth that much all by itself.

The pins, along with baseball cards, game jerseys, and old stadium signs, are among 1000 lots of sports memorabilia that will be auctioned off later today and tomorrow at the Crowne Plaza Hotel in King of Prussia.

Many of the items -- like a 1947 photo of the Negro League's Cleveland Buckeyes -- belonged to people who had no idea what they were worth.

The photo belongs to the daughter of 1920s outfielder J. Leonard Mitchell. Her dad's old stuff, which had been collecting dust in her house, will likely net her somewhere between $35,000 to 50,000.

A Lou Campanella World Series bat is likely to fetch $15,000 to $20,000.

Wally Schang's gold watch -- the equivalent of a World Series ring -- from the 1913 Philadelphia A's will probably go for $4,000 to $5,000.

Imler says many people who have valuable sports items don't know it.

He says even if you don't want to sell, it's worthwhile to have collections appraised and insured.

Imler says, "People don't tend to look at sports memorabilia items as part of their financial portfolio. But these things can have substantial value, so they need to be insured. It pays to find out something could be worth."

Appraisers from Hunt Auctions will be available to look at items during the preview hours before the auctions begin. You can also email them descriptions and photos to get appraisals. Or you can set up an appointment to have your collection appraised.

For more information about this weekend's auction and about Hunt Auctions, check out Hunt Auctions' website.

More money-related links:

CLICK HERE to follow Action News on Twitter

CLICK HERE to get Action News on your website

CLICK HERE to find Action News on Facebook

Click here to get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys.