The $10 Million Sports Auction

October 20, 2017
Updated 5mo ago
The business of sports memorabilia is booming. Robert Edward Auction president Brian Dwyer joins us with a look at his company's $10 million auction. Dwyer brings along some of the auction's most-prized lots, including a Babe Ruth rookie card and a Jim Brown game-worn jersey. Investors are taking baseball cards more and more seriously these days. Dwyer says the market has seen considerable appreciation in the past 12-14 months as individuals look to put their money in hard assets. The professional sports leagues are taking note. Dwyer says most of the major leagues have their own auction sites now, leveraging their connections and authenticity to sell big-ticket items such as LeBron James' ripped Nike jersey.