It Sold For What?! – Collectibles
Hello! Welcome to the Magnusson Guessing Game, It Sold for WHAT?!
In this game of trivia, you are shown images of two similar objects. Guess which item sold for what between the given options. All sales took place in the secondary marketplace.
Ready? Set? Go!
QUESTION 1: ENGAGEMENT RINGS
One of these ladies engagement rings sold for $18,000. The other sold for $550. Which sold for $18,000?
A! While most people do not plan on ‘collecting’ engagement rings in their lifetime, they are one of the most common valuable items in a household. Ring A is 2.74 carat diamond and platinum engagement ring. The diamond was professionally graded as round brilliant cut, color E, clarity SI2 and sold with its certification 4 years ago via internet auction for $18,000. If you look closely at the center stone of Ring B, you can see that this diamond is much “duller” than Ring A, scoring imperfect grades. B also has many tiny surrounding stones on its white gold band, making it sparkle but less valuable. It sold at an auction before Christmas last year for $550. For those looking for a deal, buying a secondhand engagement ring is almost always cheaper than buying a new ring from the store.
QUESTION 2: SPORTS MEMORABILIA
One piece of sports memorabilia sold for $3,550.00. The other sold for $64.99. Which sold for $3,550.00?
B! Attention Yankee Fans! B is a 1992 Derek Jeter rookie card graded in mint condition (meaning it was never taken out of its case). It sold for $3550 via internet auction this past summer. A also sold on eBay this summer. It is a football autographed by Daryle Lamonica of the Oakland Raiders and it doesn’t have the same cachet in the marketplace.
A word of caution to sports memorabilia collectors: the marketplace is FULL of fakes, especially for autographed collectibles. When buying secondhand, look for super reputable vendors who include a legitimate Certificate of Authenticity or other documentation proving that the item is real. See previous blog on COAs. There are more than a few “reputable dealers” in jail for running this once lucrative con game. “Reputable” is an interesting adjective worth discussing in a future blog!
QUESTION 3: VINTAGE POSTERS
One of these vintage posters sold for $180,000. The other sold for $750. Which sold for $180,000?
A! Both are rare, original vintage posters (not reprints), but A has the monster price! Frankenstein (1931) launched the genre into popularity and became one of the greatest horror films of all time. Produced during the Great Depression, the film netted Universal Studios about $12,000,000. This poster is one of only six (of this version) known to exist. It has vivid colors and is in fine condition. One in lesser but still good condition sold for $107,500 this year. The Beatles Sgt. Pepper promotional poster is in good condition for ephemera (paper) from 1967, but it is nowhere near as historical, interesting, colorful or well preserved as Object A. The paper has discolored with age, and shows some creases. The poster is also far smaller at only 14 inches by 17 inches. Still, Beatles memorabilia remains beloved in the marketplace.
QUESTION 4: RECORDS
One of these records sold for $4,943.81. The other sold for $23.73. Which sold for $4,943.81?
B! Vinyl is back, but did you guess it would be Bach? The Who became one the most influential rock bands of the 20th century. Their albums, like “Who’s Next,” were mass produced and distributed all over the world. In contrast, finding a record by British/Italian artist Gioconda de Vito is a much more challenging task. Although she was considered Europe’s #1 female violinist in 1953, few knew of her outside of Europe. Collectors are willing to pay high prices for uncommon items by lesser known, but world-class musicians.
FINAL ROUND- QUESTION 5: PORCELAIN FIGURES
One of these Lladro figures sold for $2,200. The other sold for $49.99. Which sold for $2,200?
B! Porcelain figures were mass produced and sold as “collectibles” in the 1980s. When the Internet revealed that limited editions were not so limited, the market for these fell into a depression. Figure A is still produced, marketed & available to the public brand new through the Lladró Company. Object B is known as a “retired” item, meaning that Lladró no longer makes this figure. This “Love Story, Man & Woman on Horse” is be harder to find; there will be a steep price to pay in the secondhand marketplace.
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Co-Authors: Lynn Magnusson, ASA, AAA and Becky Lipnick, Communications Coordinator