Author Topic: Experience with sports memoribilia- Mohammed Ali edition  (Read 1280 times)

Capsu78

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Experience with sports memoribilia- Mohammed Ali edition
« on: June 06, 2016, 11:09:23 AM »
I posted on the BH thread but am looking for additional feedback:

In 2003, I purchased an autographed 16 X 20 framed photo from a reputable auction house that is still in business today. The photo is of Ali standing over Sonny Liston and is known as the Neil Leifert photo- it has become iconic as one of the most desirable sports photos of Ali. I have letters from the auction vouching for it authenticity- so I choose to believe, for the sake of this post, it is authentic. I find similar pictures on Ebay (with supporting documentation) selling for 5-10 X what I paid for mine.
Honestly, I have enjoyed the picture for a long time- it hangs in my office- but here is my question: Is their an optimum time to consider selling this item and is now that time? I know that when famous people die, value of signed items tends to go up as there will be no more. Anyone have any experience with a similar "sell" or "hold" decision? Once again, I have always liked the photo, but have entered a "less is more" phase of my life...I could part with it and enjoy the liquidity just as well. Thoughts?

GuitarStv

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Re: Experience with sports memoribilia- Mohammed Ali edition
« Reply #1 on: June 06, 2016, 01:15:21 PM »
When an athlete dies there's a big outpouring of concern and interest in that athlete.  This is probably a decent time to sell if you're ever planning to.

Capsu78

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Re: Experience with sports memoribilia- Mohammed Ali edition
« Reply #2 on: June 06, 2016, 09:09:53 PM »
Yes, that is kind of the internal conversation I have going on inside me... Iconic autographed photo by a charismatic someone who transcended sports vs a celebrity who was both reviled and beloved at the same time. This week I think we are witnessing a "canonization" of sorts of a very controversial person who many think history will treat kindly.
I'm prone to "hold", as I mentioned I actually like the piece itself- it is nearly perfectly composed and the autograph is documented and rare. May even justify getting an appraisal on. One day soon my concern is not wanting to own the artwork, but rather not wanting to own a wall to hang it on. :-)

PhysicianOnFIRE

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Re: Experience with sports memoribilia- Mohammed Ali edition
« Reply #3 on: June 06, 2016, 10:48:29 PM »
It sounds to me like you should let it go. There are many who would love to have that at this particular moment.

Don't think of it as taking advantage of his misfortune. Think of it as allowing someone else to treasure his memory with a memento.

Do you remember what happened to Homer Simpson's pumpkin futures when November came?

Capsu78

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Re: Experience with sports memoribilia- Mohammed Ali edition
« Reply #4 on: June 07, 2016, 09:18:08 AM »
Do you remember what happened to Homer Simpson's pumpkin futures when November came?     :-)