Last Updated on 1/19/2007 by bidz
Carole Moore explore the ins and outs of autograph collecting in this article from Bankrate.com. One fact that was mentioned, and that we found interesting was that a FBI task force formed to investigate autograph forgeries placed the value of celebrity and sports frauds at a half-billion dollars and growing. It also was referenced that at the present time, it’s estimated that somewhere in the region of 80 percent to 90 percent of all autographs, including historical ones, are phony.
Financial News – Yahoo! Finance: Bankrate.com
Wednesday January 17, 2007
“Autograph collecting attracts a huge following, making it a lucrative investment strategy. Experts say, though, that a collector who’s chasing profit won’t be as successful as one who’s driven by passion.”