Collectors Holdings, LP announced it has acquired Goldin Auctions, the leading marketplace for sports collectibles and trading cards. Goldin Auctions offers a best-in-class experience for both buyers and consignors and has already completed more than $200 million in sales this year.
Collectors Holdings LP is a holding company dedicated to investing in and growing the collectibles industry, focused on developing leading tools and services to better enable seamless participation for hobbyists as well as new enthusiasts and alternative investors. The collectibles market is now valued at more than $400 billion in annual transactions and Collectors Holdings is committed to supporting the maturation of the industry by making key investments, including in scalable, modern infrastructure and R&D.
— Ken Goldin (@KenGoldin) July 1, 2021
Collectors Holdings LP is owned by a group of investors led by Nat Turner, D1 Capital Partners LP, Cohen Private Ventures, The Chernin Group and others and also owns Collectors Universe, a collectible authentication and grading business taken private earlier this year.
Collectors Universe operates PSA and PCSG, leading trading card and coin authentication and grading companies based in Santa Ana, CA. Each of the businesses under Collectors Holdings will continue operating as independent companies with no changes to their existing operations. PSA and PCGS will continue to work with and support all auction houses, just as Goldin Auctions will continue to work with all trusted services to grade and authenticate rare and valuable cards and collectibles.
The leadership structure of each of the companies under Collectors Holdings will remain the same. Trading card pioneer and Goldin Auctions Founder and Executive Chairman Ken Goldin has signed a multi-year agreement to remain in his role while also retaining his ownership stake in the business. Ross Hoffman, who recently joined Goldin Auctions as CEO to oversee significant investments in technologies to create new experiences for hobbyists, will also remain in his position. Goldin Auctions will soon announce the first new services resulting from these investments.
“We are incredibly excited to join Ken, Ross and the other amazing team members at Goldin Auctions,” said Nat Turner, Executive Chairman of Collectors Holdings. “While Goldin Auctions will continue to operate independently, we all share the same vision of using innovative technology to enhance and grow the industry for the benefit of all. ”
“This is my 40th year collecting and selling cards and I still absolutely love coming to work every day,” said Goldin. “Everyone in the hobby knows about the explosive growth we’re seeing as new collectors have flocked in, including a younger generation and international buyers. There’s no slowing down and we have a lot planned that we know every collector is going to love. Stay tuned!”
About Goldin Auctions:
Goldin Auctions is the leading marketplace for trading cards, sports memorabilia and other collectibles. Founder Ken Goldin has sold more than $1 billion in memorabilia from many of the biggest names in sports, history, and pop culture. The company routinely sets records for the most expensive trading cards and other memorabilia ever sold. Lifelong collectors and new hobbyists alike trust Goldin Auctions because the company professionally authenticates everything it sells. Goldin Auctions is the official auction partner of the Naismith Memorial Basketball Hall of Fame, The Major League Baseball Players Alumni Association, The Jackie Robinson Foundation and the Babe Ruth Birthplace and Museum. For more information, visit GoldinAuctions.com. Learn more at www.goldinauctions.com, on Twitter and Instagram.