1927 Yankees Team Photo Sold for a Record-Shattering Sum
Andrew Robichaud — June 18, 2009 — Lifestyle
References: memorylaneinc & luxist
Hailed as one of the best baseball teams of all time, a team photo of the 1927 New York Yankees (Murderer’s Row) has been sold for a whopping $350,000.
The anonymous buyer is the second anonymous buy of the photograph in the last three years. Memory Lane Inc. sold the autographed picture for $206,000 in 2006.
The 30-man team is matched by 30 authentic autographs (declared by Joe Orlando, President of PSA/DNA Authentication Services) that make this picture a relic in the sports world.
With stars like Babe Ruth and Lou Gehrig, this might be the most significant sports artifact in the history of any game.
The anonymous buyer is the second anonymous buy of the photograph in the last three years. Memory Lane Inc. sold the autographed picture for $206,000 in 2006.
The 30-man team is matched by 30 authentic autographs (declared by Joe Orlando, President of PSA/DNA Authentication Services) that make this picture a relic in the sports world.
With stars like Babe Ruth and Lou Gehrig, this might be the most significant sports artifact in the history of any game.
Trend Themes
1. $350,000 Baseball Cards - Expensive baseball cards are becoming highly sought after collector's items, presenting potential opportunities for rare sports memorabilia sellers.
2. Record-shattering Sales - The surge in record-breaking sales of sports artifacts indicates a growing market for high-value collectibles, opening doors for auction houses and antique dealers.
3. Authentication Services - The demand for certified authentication services for valuable sports memorabilia creates a niche market for expert authentication companies.
Industry Implications
1. Sports Memorabilia - The booming market for sports memorabilia presents a lucrative opportunity for collectors, dealers, and auction houses.
2. Auction Houses - Record-shattering sales of valuable sports artifacts create opportunities for auction houses to attract high-profile buyers and achieve massive profits.
3. Authentication Services - The increasing need for reliable authentication services in the sports memorabilia industry offers growth potential for companies specializing in authentication and verification.
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