Need some help, what are these items worth?

corvette1340

I have no idea about these two potential pawn items we are evaluating currently. I can find Schumacher race worn gloves for sale in the $4000 range but no actual sales. The Gordon gloves I have no idea either. Can someone who knows this market please help?

2004 Japanese Grand Prix Michael Schumacher Scuderia Ferrari Marlboro Signed Race Worn Gloves

These gloves were worn by Schumacher to win the 2004 Japanese Grand Prix. This 13th win is an all-time Formula 1 single season record and was en route to his record 7th and final championship for Ferrari.


1997 Darlington Southern 500 Jeff Gordon Hendricks MS Signed Race Worn Gloves

These gloves were worn by Gordon to win the 1997 Southern 500 in which he was only one of 2 drivers to ever win the Winston Million (Nascar's triple crown).
Gloves come w/Certificate of Authenticity and were purchased from the Randy Dorton Memorial Fund Charity Auction

70ToppsFanatic

I'd suggest low-balling on these. It's not a highly liquid market. Offer half of whatever you feel confident you can sell them for
if they are not claimed or pass.

corvette1340

<< <i>I'd suggest low-balling on these. It's not a highly liquid market. Offer half of whatever you feel confident you can sell them for
if they are not claimed or pass. >>



I agree 100% with you. The problem is that I have no idea what they will sell for. Like I said, similar Schumacher's are priced ridiculously high in online stores, and I can't find any good examples of Gordon. Both of these come with authenticity by the way from a Nascar charity event and a similar letter on the Schumacher's of course I will get a PSA opinion if acquiring.
These are both from a customer who has already sent us 5 high end watches and has a ton of art and high end coins on the table as we speak.

Sean1125

If he has all that other stuff that he can easily pawn/liquidate for fairly certain prices (coins), why would be wanting to get rid of an item that was probably ultra expensive for him at a charity auction, and now when selling it could do the same or 1/5 of it.

MBMiller25

Tommy, PM sent in regards to the Race Used Equipment information.

hhmag70

Those Schuey gloves will be a tough sale for you I would imagine. While F1 is a beast in Europe and through the Asian market it just does not have that much of a following in the US. Now with F1 coming back to race next year in Austin (if track is completed) and in NJ in 2013 there may be growing future interest. Schumacher will always have a strong international following given his all-time wins & championships records but if Mercedes produces a strong car next year and he can have some podium finishes there may be a stronger market for the gloves.


Also, I believe the 13 wins in a season record may be tied this year by another driver, but I do not think that would change the value/demand for the gloves.

corvette1340

Thanks for the replies. To answer a few questions, the customer is a she and she is pawning everything, not selling. We've already given her a substantial loan on a few things but she needed a set sum of cash in the beginning and she needed more collateral to secure that. This is exactly the kind of customer we are trying to help. I imagine her family is pretty well to do but have hit rough times and they can't just go to the bank and borrow a decent amount of cash in today's banking/rough economic landscape. This allows her to take items that she'd normally never be able to borrow against otherwise and use them until they can get back on their feet for whatever reason. We also don't charge anything close to what a brick and mortar pawn shop charges and take items that a traditional pawn shop would never touch. All that being said, does anyone have a $$$$ figure on these things? Lol

hhmag70

IMO, if you have the patience and ability to reach the correct market the Schumacher gloves with the correct provenance should sell in the $3-4,000 range. The potentail buyer will have money as F1 is a "wine & cheese" based crowd.

Can't really help on the Gordon gloves because NASCAR is ghey

Bigjohn69

I guess you would have to treat the auto's like a psa dna auto and if there is no cert. of authenticity to go with it then what are the race gloves worth in used condition,, nascar approved fireproof gloves do not display well as an Action race car collectible, so with that said gloves run from 25.00 to 250.00, i would pawn them at maybe 50.00 and hope like heck you can get them certified,, just an opinion,, j

edited to add: just looked up the prices and i was wrong simpsons go for 99 bucks new through jegs.com and the omp's go for 59 bucks maybe a little more for formula 1 type

MBMiller25

<< <i>All that being said, does anyone have a $$$$ figure on these things? L >>




Tommy, Per my PM, I told you exactly what I paid for a Jeff Gordon set of auto'd Simpson Gloves. Can't help on the Shumacher gloves.

corvette1340

<< <i>

<< <i>All that being said, does anyone have a $$$$ figure on these things? L >>




Tommy, Per my PM, I told you exactly what I paid for a Jeff Gordon set of auto'd Simpson Gloves. Can't help on the Shumacher gloves. >>



Thanks Matt, I got your pm, just didn't get a chance to reply yet. I'll let you know on the Gordon's if we get them.

corvette1340

The verdict is in. I offered $100 pawn on the Gordon's and $150 on the Schumacher's unless she wants to give us time to authenticate. If I just have time for the quick opinion service then that's all I can offer. She sent us a ton of high end art today along with a few more high dollar coins, not sure if she included the gloves or not. I'll find out tomorrow when the fedex truck runs.