Posts Tagged ‘counterfeit’
Do You Know Why You Need Holographic COA’s (Certificate of Authenticity) For Your Sports Memorabilia? If you are a new collector, there is something that you need to know about collecting sports memorabilia. The FBI changed the face of sports trading forever, when they launched an investigation of two large forgery and fraudulent autograph sports memorabilia enterprises in the 1990’s. There was more than $100 million dollars worth of phony sports memorabilia that was found in 15 states during the original FBI investigation. It has been discovered that this phony sports memorabilia traded on the black market, in shopping malls and at Internet auction websites, so you have to be careful.
So, how do you know whether you are buying the real thing or whether an autographed sports item is phony? Fake sports memorabilia still shows up all the time because it is almost impossible to keep up with who’s selling it. Certificates of Authenticity, also known as COAs, are the best way to be fairly certain your sports memorabilia is authentic. Many dealers now trade in sports memorabilia that only includes numbered, tamper-proof and holograph-sealed COAs for this reason.
If you can get notarized letters from the athletes to authenticate their signatures-that’s even better! Many of the large sports memorabilia dealers maintain a database that shows exactly what they sold, so autographed sports memorabilia from these dealers will include holographic authenticity certificates, which are the best protection.
Did you know that if you catch a ball at the game, it still needs to be authenticated, if you ever hope to sell it or make it worth anything in your collection? This is especially important if you are a collector because almost all collectors will now steer clear of anything that doesn’t come with a COA that is holograph-sealed.
There are too many chances of finding counterfeit sports memorabilia on the market, but some dealers in sports memorabilia will give you an “authenticity guaranteed” sale. What this means is the dealer will issue a full refund, if it is ever discovered that a sports memorabilia item is fraudulent and the item will come with a Certificate of Authenticity that bears the tamper-proof holographic seal. Many of the reputable sports memorabilia sources will understand your reasons for concern if you ask for this, so don’t be lax in requiring the holographic COA on all of the sports memorabilia you purchase!