July 11, 2018

Here’s a lesson I learned years ago, and I’m passing this tip onto championship ring collectors:

buying and selling championship ring rings

When you purchase a championship ring, the title (or proof) that the championship ring was sold by the original owner can be as important to own as the ring itself.

Even if you know the original recipient sold the championship ring, often when word gets out in the press or internet that an athlete sold a championship ring, pride kicks in and they will often say the championship ring was lost or stolen and that they are rightfully still the owner.

If you happen to own that championship ring or you’re contemplating purchasing it, what do you think a statement like that from the original owner does to the value of the championship ring?

And although a seller might want to sweep a claim that the ring was lost or stolen under the rug, thanks to the internet, these statements an athlete makes are only a click away from discovery.

This problem reminds me of a story a few years back. Goldin auctions had a terrific player Super Bowl ring in an auction. Of course the media caught up with the player and asked about the championship ring. Blindsided and embarrassed, the player stated the Super Bowl ring was stolen.

Often, that statement would mean the championship ring would be yanked from the auction, however in this case, Ken Goldin, owner of the auction company was ready: Ken released a statement showing the original player sold his Super Bowl ring to someone and Ken even produced photographs of the paperwork in his press release proving the player signed a bill of sale.

So in this case, the auction went on and the Super Bowl ring was successfully sold.

Very often resellers and buyers “forget” or “neglect” to obtain proper proof a championship ring was sold, and trust me on this, it often comes back to bite you in the ass.

I just went through a situation where I was all set to buy a championship ring and although almost every sentence in the negotiation ended with me saying I can not buy this championship ring without solid proof that it was sold by the original recipient, I never received the paperwork.

So after a couple of weeks I gave up. And you know what? I’m better off and you will be too. And had I received that paperwork (and you should do this too) I would have authenticated it just as carefully as the championship ring itself.

Please remember as always, I buy championship rings (with paperwork!) If you would like to sell your championship ring in complete privacy, please contact me.

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