Signed Baseballs(Newport Beach, CA) - A record price for a signed baseball autographed by Babe Ruth has been established less than one year after previous records were shattered. The finest known Ruth-signed ball, which had been graded 9.5 out of 10 by Professional Sports Authenticator (PSA), has changed hands between a Southeastern U.S. seller and an anonymous East coast buyer for $150,000, according to PSA. "This amazing signed baseball first set a record in November 2004 when it was purchased for the then-astounding price of $115,000. Underscoring the quickly growing strength of the market for third-party authenticated and graded sports collectibles, it now has been sold for a new record, $150,000, in a deal brokered by Memory Lane, Inc. of Tustin, California," said Joe Orlando, PSA President. Roger Cameron, Memory Lane's Head of Marketing, said: "We are completely thrilled about the sale. We've handled many landmark deals and our clients are among the high profile 'who's who' of sports memorabilia collecting. There were numerous clients clamoring to purchase this ball, and collectors would not have dared to offer that kind of money without the authenticity and grading by PSA." Collector Kevin Coleman of Florida, the individual who sold the ball through Memory Lane, agreed emphatically: "PSA's services were instrumental to the transaction. The PSA 9.5 grade confirmed this ball as the cream of the crop. When I purchased the ball last year, it was the PSA certification that gave me confidence as a buyer. Now, as the seller, the same certification allowed me to sell with ease." According to Orlando, the market for graded autographs is rapidly increasing, and this particular ball is widely regarded by most hobby experts to be the finest single-signature Ruth ball known to exist. Click here to view all our Baseball Memorabilia |
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