Need some feedback about my appraisal of an item..

So a friend of mine asked me to give him a ball park figure regarding a Riddell Helmet that has the signatures from Both teams/coaches from the 1996 Orange Bowl.
Originally I based my estimates on the values of helmets that have Bobby Bowden's signature, and Lou Holtz Signature which usually go for apprx. $300 dollars for either.
Since the helmet has both of these, I figured $600 for the coaches signature, another $300 for the rest of both teams, and approximately $250 due to the 96' Orange Bowls historic value (last O.B. at the Orange Bowl Stadium)
I gave him an estimate of $1250.
What do you think about this estimate, he's trying to sell it for $1900 on ebay and thinks that I'm crazy for saying its too much..
Here are the pictures and auction on ebay.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260727583056&ssPageName=STRK:MESELX:IT#ht_1329wt_893
Originally I based my estimates on the values of helmets that have Bobby Bowden's signature, and Lou Holtz Signature which usually go for apprx. $300 dollars for either.
Since the helmet has both of these, I figured $600 for the coaches signature, another $300 for the rest of both teams, and approximately $250 due to the 96' Orange Bowls historic value (last O.B. at the Orange Bowl Stadium)
I gave him an estimate of $1250.
What do you think about this estimate, he's trying to sell it for $1900 on ebay and thinks that I'm crazy for saying its too much..
Here are the pictures and auction on ebay.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260727583056&ssPageName=STRK:MESELX:IT#ht_1329wt_893
0
Comments
Much like a team-signed baseball often has less value than a single-signed baseball of the star player, adding up the Bowden / Holtz auto values and then more for the rest of the team does not seem to fly.
Hope your friend has good luck on the sale. I think he would be lucky to get any offers of even $1,000-
There is a limit of value for those 2 reasons.
Modern mass signed stuff like that are fairly common, seen in charity auctions often. Not saying that exact item/combo is common, but there are a ton of signed items signed just so they can be auction for charity later. $$ was the object when they set up the signing, unlike something signed in say 1930 or 1950.
The scarcity/demand would increase if it was older or game used.
or if there were any future super stars in the game that signed it.....
My guess would be in the $500-$1000 range, if you found the right buyer.
Mike
BTW: I'm not a sports collector or appraiser, so don't think I was trying to give him a professional appraisal. He just asked my personal opinion and after some googling, this is what I came up with. I thought the helmet was pretty awesome, so I guess I was overly generous!
I don't think he's crazy for asking $1900 for it on eBay - most people figure BINs are set at at least double the worth of the item, leaving lots of room to negotiate.
Nick
Reap the whirlwind.
Need to buy something for the wife or girlfriend? Check out Vintage Designer Clothing.