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#1
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Agree these prices are crazy but hard to place the blame on the signer. Back in the day Koufax was a generous signer, either in person on TTM but if someone is offering an 90 yoa person probably 100k for a couple hours of writing why would he say “no.”
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#2
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The problem is that they're not offering him the money. He has a fee that he charges and then the people putting on the show figure out how many autographs he can sign in the amount of time agreed upon, and then charge enough to make back the money with a profit.
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#3
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Yes, that's how it always works but the cost for the athlete's time is factored into the cost passed on to the ticket buyer. I highly doubt Koufax is going to sign for $75 a signature and then watch tickets be sold for $1,250 and be at ease with that. I would guess that if the ticket costs the buyer $1,250 then it probably cost the promoter $700 to $800. The split might even be closer than that.
Last edited by packs; 01-31-2024 at 12:34 PM. |
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#4
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Ridiculous prices
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#5
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It seem to me that the price might be to high. I understand that at this time they have not sold out. On koufax.
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#6
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Supply and demand, pure and simple. If players can make half a BILLION dollars in their careers, who's to say what a legend's autograph should be worth? Look at ticket prices, concessions, merchandise, etc., it all seems crazy to me, but most ballparks are pretty well packed every night with fans ponying up for those.
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#7
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I only collect and sell cards, and in that context, the prices make limited sense. Koufax has been an autograph guest at shows for decades. If you just want an autographed card, there are hundreds out there at any given time available for a lot less. Where it does make sense to get them signed would be on the rookie and on a rare card that might be a 1/1 when the inevitable happens and Koufax passes away.
What is going on, really, is a cycle of price escalation. The price of having an item signed has been raised every time and the asking prices for signed cards have been adjusted accordingly. A few months later, Harlan Werner (Koufax's longstanding agent for signings) raises the price on the signings and the sellers raise too. If Shelly is right that they are not selling out, we may have reached the price point where the market is saying "enough".
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