With the value of collectibles continuing to rise, the industry has continued to find new ways to innovate and auction houses have benefit from the recent surge in popularity of the space. As a result of this unprecedented growth, for the first time in history, there will be a fractional auction lot in The MINT25 Auction (conducted by Lelands) , an exclusive and unprecedented collection of 25 of the greatest and most iconic artifacts in sports history – that is running online from thru January 29, 2022.
Investors will have the opportunity to purchase a 20% ownership share of a 1980 Mike Eruzione Team USA Hockey Gold Medal Winning Game Worn Jersey for a minimum bid of $75,000 – though Lelands experts believe this incredibly important jersey should be worth what other iconic jerseys of importance are selling for. The jersey was worn by team captain Mike Eruzione in the United States Olympic Hockey gold medal game against Finland on February 24th at Lake Placid. Eruzione has further attested to its game-used status by inscribing the jersey in black Sharpie (10/10), “Mike Eruzione – 1980 Captain – My Gold Medal Jersey” on the reverse numeral “2.”
The jersey currently resides within the holdings of the leading sports memorabilia investment platform, Collectable. Companies like Collectable, who turns sports memorabilia into investable assets, have seen the appetite among investors for purchasing shares of top-tier collectibles that were previously only accessible to the rich. The demand for fractional ownership of items is high and there are no signs of this trend slowing down.